Legal & General Sterling Corporate Bond Index Fund I Class Distribution

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Performance History31/01/2024
Growth of 1,000 (GBP) Advanced Graph
Legal & General Sterling Corporate Bond Index Fund I Class Distribution
Fund7.5-3.9-16.97.3-1.4
+/-Cat-1.2-1.21.9-2.4-0.1
+/-B’mrk-2.00.03.8-2.40.0
 
Key Stats
NAV
23/02/2024
 GBX 47.87
Day Change -0.02%
Morningstar Category™ GBP Corporate Bond
IA (formerly IMA) Sector £ Corporate Bond
ISIN GB00B72V3J91
Fund Size (Mil)
31/01/2024
 GBP 1040.25
Share Class Size (Mil)
23/02/2024
 GBP 110.13
Max Initial Charge -
Ongoing Charge
17/02/2023
  0.14%
Morningstar Research
Analyst Report07/02/2024
Jose Garcia-Zarate, Associate Director
Morningstar, Inc

L&G Sterling Corporate Bond Index tracks an index that excludes the BBB rated segment of the sterling-denominated nongilt investment-grade bond universe, which is made up of corporate, quasi-sovereign, and covered bonds. Excluding BBB bonds means...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process22
Performance
Price
Investment Objective: Legal & General Sterling Corporate Bond Index Fund I Class Distribution
The objective of the Fund is to track the performance of the Markit iBoxx Sterling Non-Gilts ex BBB (the “Benchmark Index”) before fees and expenses are applied. Therefore, the Fund’s performance may differ from the Benchmark Index due to the deduction of fees and expenses and the impact of any tracking error factors. The Benchmark Index is comprised of corporate bonds that have an average rating of A, AA or AAA and are denominated in British Pounds. The Fund is a Replicating Fund as it seeks to replicate as closely as possible the constituents of the Benchmark Index by holding all, or substantially all, of the assets comprising the Benchmark Index in similar proportions to their weightings in the Benchmark Index. The Fund will have at least 90% exposure to assets that are included in the Benchmark Index.
Returns
Trailing Returns (GBP)23/02/2024
YTD-1.81
3 Years Annualised-4.41
5 Years Annualised-0.87
10 Years Annualised1.96
12 Month Yield 2.64
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
Not Disclosed
28/08/2012
Inception Date
28/08/2012
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Markit iBoxx GBP NonGilts ex BBB TRMorningstar UK Corp Bd GR GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Legal & General Sterling Corporate Bond Index Fund I Class Distribution31/01/2024
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.020.000.02
Bond97.970.0097.97
Property0.000.000.00
Cash1.640.001.64
Other0.370.000.37

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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