Legal & General UK Index - Silver

FUND RESEARCH UPDATE: Fund Rating upgraded to Silver

Hortense Bioy, CFA 4 February, 2015 | 7:59PM

We have upgraded the Morningstar Analyst Rating™ for the Legal & General UK Index fund to Silver. The fund previously held a rating of Bronze. The fund tracks the broad and diversified FTSE All-Share index. Given its strong tracking ability and reduced fees, it represents one of the most efficient vehicles through which investors can access UK equities. Compared with its surviving peers in the Morningstar UK Large-Cap Blend Equity Category, which includes both active and passive funds, this tracker has delivered consistent above-average returns over the long term. On a 10-y

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
L&G UK Index I Acc275.61 GBP-0.72

About Author

Hortense Bioy, CFA

Hortense Bioy, CFA  is director of passive funds and sustainability research in Europe for Morningstar

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