Asian Income Trust (I Class)

The fund aims to provide the potential for capital growth and to generate income by investing mainly in Asian shares (excluding Japan), which may be selected across all economic sectors. The trust will invest in shares from the rest of the Pacific region and Australasia.

Factsheet

KIID

Asian Income Trust Guide  PDF: 453KB

European Trust (I Class)

The fund aims to provide the potential for long-term growth by investing in a portfolio exclusively invested directly or indirectly in European shares, other than those of the UK, which may be selected from all economic sectors.

Factsheet

KIID

Growth Trust (I Class)

The fund aims to provide the potential for long-term growth by investing in a concentrated portfolio of UK equities. The team believes that value creation drives long run share prices. We use cash flow return on investment as our key measure of value creation. Companies with strong growth prospects will be chosen. The UK Large Cap team is structured as a boutique business whilst taking full advantage of being part of Legal & General Investment Management, one of the UK’s largest fund managers.

Factsheet

KIID

Growth Trust Guide  PDF: 410KB

North American Trust (I Class)

The fund aims to provide the potential for long-term growth by investing directly or indirectly into a portfolio of mainly US shares, which may be selected from all economic sectors.

The Fund focuses on the large capitalisation end of the market as the team believes that large companies generally have more realistic growth rate expectations and it is more efficient to research the top 200 companies, which covers more than 70% of the market’s capitalisation. In addition, the team adopt an interest rate perspective on the equity market and believe that economic cycles determine asset class returns.

Factsheet

KIID

Pacific Growth Trust (I Class)

The fund aims to provide the potential for long-term growth by investing directly or indirectly into a portfolio of securities of Asian (excluding Japan) and Australasian companies.

The team believes that stock markets are efficient in the long run, but in the short term can be distorted by market noise, technical factors, investment themes and stockmarket bubbles. As a result of this, equity prices can deviate substantially from fair value.

Factsheet

KIID

UK Absolute Fund (I Class)

The fund aims to achieve a positive absolute return in all market conditions on an annual basis principally by investing in equity related derivatives and by gaining exposure (either directly or indirectly) to equities predominantly incorporated or listed in the UK, although from time to time European equities may be held.

Factsheet

KIID

Guide

UK Absolute Fund Guide  PDF: 486KB

UK Active Opportunities Trust (I Class)

The fund aims to provide the potential for long-term growth by investing in UK shares that offer recovery prospects, which may be selected from all economic sectors.

The team's philosophy is that value creation determines long term share prices and that cash flow returns are more important than account returns. The process is focused on identifying companies where returns are sustainably high or where we anticipate improvement. Most importantly we invest in companies where this is not reflected in the share price.

Factsheet

KIID

UK Alpha Trust (I Class)

The fund aims to provide the potential for long-term growth by investing in a concentrated portfolio of UK equities from smaller companies as well as medium to larger companies which may be selected from all economic sectors.

This fund has a large difference between buying and selling prices for units as it has significant holdings in the Alternative Investment Market (AIM). This market is part of the London Stock Exchange that allows smaller, newer companies to issue shares and has a more flexible regulatory system. Holdings in this market tend to have larger differences between their buying and selling prices

Factsheet

KIID

UK Alpha Trust Guide  PDF: 117KB

UK Equity Income Fund (I Class)

The fund aims to provide an income in excess of the FTSE All-Share Index yield combined with long-term growth of capital. Investment is made principally in UK equities which, in the manager’s opinion, show potential for sustainable dividend yield, growth and high management quality.

Factsheet

KIID

UK Equity Income Guide  PDF: 119KB

UK Select Equity Fund (I Class)

A fund which typically invests between 90% and 100% in company shares.

Factsheet

KIID

(N) funds prospectus  PDF: 408KB

Unit trusts application form  PDF: 162KB

Additional fund information: F, I, M, R and X class  PDF: 790KB

A guide to investing with us  PDF: 2.7MB

Guide to product literature  PDF: 36KB

UK Smaller Companies Trust (I Class)

The fund aims to provide the potential for long-term growth by investing in a portfolio principally of UK shares, consisting largely of smaller companies selected from all economic areas.

Factsheet

KIID

UK Special Situations Trust (F Class)

The fund aims to provide the potential for long term growth by investing in a concentrated portfolio of UK and European equities. The fund will invest in companies considered to be undervalued.

Factsheet

KIID

Cash Trust (I Class)

The fund aims to provide the potential for good returns on cash by investing in a range of deposits and similar short term investments.

Factsheet

KIID

Dynamic Bond Trust (I Class)

The fund aims to achieve a total return (capital and income) by investing principally in a range of fixed and variable rate income securities.

The Dynamic Bond Trust is a flexible long term total return bond fund that draws upon the skills, processes, expertise and strength of the wider Legal & General fixed income team and includes four centres of excellence for idea generation. Global Macro and Asset Allocation; Global Investment Grade Bonds; Global High Yield Bonds and the Structured Solutions Team. Using the tools permitted under UCITS III rules, the Fund will also use a derivative overlay to seek opportunities to enhance portfolio returns.

Factsheet

KIID

Dynamic Bond Trust Guide  PDF: 117KB

Fixed Interest Trust (I Class)

The investment objective is to provide an income by investing in a variety of fixed income securities, including Government, corporate issuers and overseas issues, hedged back to GBP.

Factsheet

KIID

Fixed Interest Trust Guide  PDF: 130KB

High Income Trust (I Class)

The fund aims to provide a high income by investing in a wide variety of fixed interest securities, issued by companies in the UK and overseas.

The strength of the High Income Trust is its focus on total return, driven primarily by the search for income rather than price gains.

Factsheet

KIID

High Income Trust Guide  PDF: 467KB

Managed Monthly Income Trust (I Class)

The investment objective is to provide a high monthly income stream from a managed portfolio that includes a variety of fixed interest securities, including government and corporate issuers. The Fund can also invest in overseas issuers hedged back to sterling.

Factsheet

KIID

Guide

Sterling Income Fund (I Class)

Factsheet

KIID

Sterling Income Fund Guide  PDF: 473KB

(N) Tracker Trust (F Class)

A fund which invests in a broad spread of UK company shares.

Factsheet

KIID

(N) funds prospectus  PDF: 408KB

Unit trusts application form  PDF: 162KB

Additional fund information: F, I, M, R and X class  PDF: 790KB

A guide to investing with us  PDF: 2.7MB

Guide to product literature  PDF: 36KB

All Stocks Gilt Index Trust (I Class)

Factsheet

KIID

All Stocks Index Trust Guide

All Stocks Index Linked Gilt Index Trust (I Class)

Factsheet

KIID

All Stocks Linked Gilt Index Guide

Emerging Markets Government Bond (US$) Index Fund (I Class)

Emerging market government bonds represent an alternative source of income for investors looking to diversify their portfolio. With an annual management charge of just 0.30% this index-tracker provides a low-cost way of investing in this compelling asset class.

Factsheet

KIID

Ethical Trust (I Class)

The fund aims to provide the potential for growth by investing in a portfolio of companies in the FTSE 350 Index, whose business meets a range of ethical and environmental guidelines. To achieve accurate tracking of the performance of this modified index, the trust will invest in a broad spread of representative companies from the index. To provide an income where required.

Factsheet

KIID

European Index Trust (I Class)

The fund aims to provide the potential for capital growth by tracking the capital performance of the FTSE World Europe ex UK Index. In order to accurately track this Index, the fund's investments will closely replicate its holdings. To gain exposure to European stock markets, but without all the risk attached to individual stock selection.

Factsheet

KIID

Passive Equity fund range guide

Global 100 Index Trust (I Class)

The fund aims to provide the potential for growth by tracking the performance of the S&P Global 100 Index, converted into pounds Sterling. To achieve accurate tracking, the trust’s investments will closely replicate the holdings in that Index.

Factsheet

KIID

Passive Equity fund range guide

Global Emerging Markets Index Fund (I Class)

The fund aims to track the capital performance of global emerging equity markets, as represented by the FTSE All- World Emerging Index. The manager will seek to achieve this by investing primarily in securities that make up this Index. Securities will be held with weightings generally proportionate to their market capitalisation. The trust may hold other investments including derivatives in order to efficiently track the Index.

Factsheet

KIID

Passive Equity fund range guide

Global Environmental Enterprises Fund (I Class)

The fund aims to provide capital growth through investment primarily in companies that produce goods or provide services relating to: energy efficiency; low carbon energy production; or water, waste and pollution control.

Factsheet

KIID

Global Health and Pharmaceuticals Index Trust (I Class)

The fund aims to provide the potential for growth by tracking the performance of those companies in the FTSE World Index which are engaged in Health, Pharmaceuticals and Biotechnology activities. To achieve accurate tracking, the trust’s investments will closely replicate the holdings in that Index. To gain exposure to stock market investment, but without all the risk attached to individual stock selection.

Factsheet

KIID

Passive Equity fund range guide

Global Technology Index Trust (I Class)

The fund aims to provide the potential for growth by tracking the performance of those companies in the FTSE World Index which are engaged in Information Technology activities. To achieve accurate tracking, the trust's investments will closely replicate the holdings in that Index. They gain exposure to stock market investment, but without all the risk attached to individual stock selection.

Factsheet

KIID

Passive Equity fund range guide

International Index Trust (I Class)

The fund aims to provide the potential for capital growth by tracking the capital performance of the FTSE World (ex UK) Index. In order to accurately track this Index, the fund's investments will closely replicate its holdings. To gain exposure to stock market investment, but without all the risk attached to individual stock selection.

Factsheet

KIID

Passive Equity fund range guide

Japan Index Trust (I Class)

The fund aims to provide the potential for capital growth by tracking the capital performance of the FTSE World Japan Index. In order to accurately track this Index, the fund's investments will closely replicate its holdings. To gain exposure to the Japanese stock market but without all the risk attached to individual stock selection.

Factsheet

KIID

Passive Equity fund range guide

Pacific Index Trust (I Class)

The fund aims to provide the potential for growth by tracking the performance of the FTSE World Asia Pacific ex Japan Index. To achieve accurate tracking, the trust’s investments will closely replicate the holdings in that Index. To gain exposure to the stock markets in the Pacific region, but without all the risk attached to individual stock selection.

Factsheet

KIID

Passive Equity fund range guide

Sterling Corporate Bond Index Fund (I Class)

The objective of the fund is to aim to track the performance of the iBoxx Sterling Non-Gilts ex-BBB (after adjustment for management charge and taxation).

Factsheet

KIID

Sterling Corporate Bond Index Fund Guide

UK 100 Index Trust (I Class)

The fund aims to provide the potential for growth by tracking the performance of the FTSE 100 Index. To achieve accurate tracking, the trust’s investments will closely replicate the holdings in that Index. To gain exposure to the UK stock market but without all the risk attached to individual stock selection. To provide an income where required.

Factsheet

KIID

Passive Equity fund range guide

UK Index Trust (I Class)

The fund aims to provide the potential for capital growth by tracking the performance of the FTSE All-Share Index. To achieve accurate tracking, the trust’s investments will closely replicate its holdings. To gain exposure to the UK stock market, but without all the risk attached to individual stock selection.

Factsheet

KIID

Passive Equity fund range guide

US Index Trust (I Class)

The fund aims to provide the potential for growth by tracking the performance of the FTSE World USA Index. To achieve accurate tracking, the trust’s investments will closely replicate the holdings in that Index. To gain exposure to the US stock market, but without all the risk attached to individual stock selection.

Factsheet

KIID

Passive Equity fund range guide

Distribution Trust (I Class)

The fund aims to provide both income and long-term growth by investing in a diversified portfolio of bonds, equities and other assets. These may be selected from all economic areas. The manager may invest in other funds to obtain a diversified investment in some asset classes.

Factsheet

KIID

Global Growth Trust (I Class)

The fund aims to provide the potential for long-term growth by investing in shares worldwide, including the UK, which may be selected from all economic sectors.

The Fund aims to produce capital growth by investing in shares worldwide including UK, Europe, North America, Japan and Asia Pacific. The underlying portfolios are based on the five regions and are individually managed by the respective teams with an asset allocation overlay provided by the asset allocation implementation team. Allocations are managed by taking incremental positions against the average Global Equity Growth sector as monitored by the monthly Lipper survey.

Factsheet

KIID

Mixed Investment Fund (I Class)

A fund which aims to provide growth of both capital and income.

Factsheet

KIID

(N) funds prospectus  PDF: 408KB

Unit trusts application form  PDF: 162KB

Additional fund information: F, I, M, R and X class  PDF: 790KB

A guide to investing with us  PDF: 2.7MB

Guide to product literature  PDF: 36KB

Target Return Fund (I Class)

A fund which usually invests between 80% and 100% in a mix of bonds, company shares and cash.

Factsheet

KIID

(N) funds prospectus  PDF: 408KB

Unit trusts application form  PDF: 162KB

Additional fund information: F, I, M, R and X class  PDF: 790KB

A guide to investing with us  PDF: 2.7MB

Guide to product literature  PDF: 36KB

Worldwide Trust (I Class)

The fund aims to provide the potential for growth by investing in other funds, normally from Legal & General, which may represent all economic sectors, on a worldwide basis.

Factsheet

KIID

Multi Manager Balanced Trust (I Class)

The fund aims to provide potential for long-term capital growth by investing in a range of funds. It will select and actively manage the allocation of these schemes across all countries, including the UK, currencies and sectors. It will also invest directly in cash and deposits.

Factsheet

KIID

Multi Manager Guide  PDF: 37KB

Multi Manager Growth Trust (I Class)

The fund aims to provide long-term capital growth by investing in a wide range of funds. It will select and actively manage the allocation of these schemes across all countries, including the UK, currencies and sectors. It will also invest directly in cash and deposits.

Factsheet

KIID

Multi Manager Guide  PDF: 37KB

Multi Manager Income Trust (I Class)

The fund aims to provide an income with some potential for capital growth by investing in a wide range of funds. It will select and actively manage the allocation of these schemes across all countries, including the UK, currencies and sectors. It will also invest directly in cash and deposits.

Factsheet

KIID

Multi Manager Guide  PDF: 37KB

UK Property Trust (I Class)

The fund aims to provide the potential for long-term growth by investing in a diverse portfolio of UK commercial properties.  Our overall philosophy rests on a belief that the key to delivering consistent performance is to focus on property selection and active management within a research-driven risk/return framework for portfolio construction.

This fund has a large difference between the buying and selling prices for units because it allows for the high costs of buying and selling commercial property. There is also an allowance for Stamp Duty Land Tax that would be incurred when any commercial property is purchased. This tax is currently 4% of the purchase price of a property.

Factsheet

KIID

UK Property Trust Guide  PDF: 140KB

Global Macro Themes Fund (I Class)

The fund aims to provide positive returns in all market conditions when viewed over any three year period. Over shorter periods the trust may experience significant volatility due to the nature of the investment strategy. To achieve returns by investing strategically in a limited number of global economic themes, based on forecasts and analysis of a broad range of global economic indicators. To achieve this aim by investing mainly in a range of derivatives, which may be linked to all asset classes including shares, bonds, currencies and commodities.

Factsheet

KIID

Guide