L&G Emer...

Price: 40.9500GBX

Change: icon-up-small 0.20%

L&G Emerging Markets Government Bond (US$) Index I Inc

L&G Emerging Markets Government Bond (US$) Index I Inc

ISIN:

GB00B7GWV161

IA Sector:

IA Global EM Bonds - Hard Currency

Risk level:

1
2
3
4
5
6
7

FE fundinfo Rating:

N/A

Income

Price:

40.9500GBX

28 March 2024

Last change:

icon-up-small 0.20%

1 year change:

icon-up-small 8.64%

5 year annualised return:

-0.37%

12 month yield:

5.90%

At a glance

At a glance performance and information

Eligibility:

Share Dealing Account Yes
ISA Yes

The value of investments, and income from them, can rise and fall so you may get back less than you invest. If you’re unsure about investing, seek independent advice. You may be eligible for financial advice through our partnership with Schroders Personal Wealth

Add to chart:

  • L&G Emerging Markets Government Bond (US$) Index I Inc
  • IA Global EM Bonds - Hard Currency
  • Index

Discrete calendar year performance

Discrete calendar year performance
Investment 31/03/19 to 31/03/20 31/03/20 to 31/03/21 31/03/21 to 31/03/22 31/03/22 to 31/03/23 31/03/23 to 31/03/24
L&G Emerging Markets Government Bond (US$) Index I Inc 1.56% -1.56% -6.81% -3.30% 8.67%
IA Global EM Bonds - Hard Currency -5.37% 10.88% -4.10% -2.37% 7.65%
N/A N/A% N/A% N/A% N/A% N/A%

Trailing returns

(*annualised)

Trailing returns
Investment 3 months 6 months 1 year 3 years* 5 years*
L&G Emerging Markets Government Bond (US$) Index I Inc 3.33% 9.14% 8.64% -0.91% -0.37%
IA Global EM Bonds - Hard Currency 2.56% 7.12% 8.17% 0.14% 1.23%
N/A N/A% N/A% N/A% N/A% N/A%

Fund Objective: The objective of this fund is to provide income by investing between 70% and 100% in emerging market government bonds (a type of loan which pays interest) included in the JPMorgan Emerging Markets Bond Index Plus. The fund’s investments will consist of a wide range of those that make up the Index. The Index consists of bonds which are issued in US Dollars by governments of developing countries. The bonds that the fund invests in will be a mixture of both sub-investment grade and investment grade bonds. The mix will closely match that of the Index. Investment and sub-investment grade bonds are bonds that have been given a credit rating by a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time. Sub-investment grade bonds are rated as higher risk and investment grade bonds are rated as lower risk. The fund may use derivatives (contracts which have a value linked to the price of another asset) to: • reduce risk or cost; or • generate additional capital or income with no, or an acceptably low, level of risk. The fund may also invest in other bonds, deposits, money market instruments and cash. Money market instruments are a type of security where cash can be deposited for short periods of time. If you hold accumulation units, income from investments held by the fund (interest) will be reinvested into the value of your units. If you hold distribution units, income from investments held by the fund will be paid out to you every six months (as interest). This fund may not be appropriate for investors who plan to withdraw their money within five years. This fund may be appropriate if you would like to build on an existing portfolio and are looking for a fund that provides exposure to markets which may experience higher returns as well as higher levels of volatility than more developed markets.

Manager name:

Legal & General UT Mgr Ltd

Manager start date:

30 September 2013

Investment style:

Passive/Tracking

Region (geographical):

Global

Manager Biography:

The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.

Benchmark:

N/A

Sector:

IA Global EM Bonds - Hard Currency

FE fundinfo Rating:

N/A

Fees & charges

Fees and Charges

Fees and Charges
Charge Who receives this? What is it? Amount
Initial charge: The fund manager Charges applied by the fund management company for investing in their fund. Please note that Investment Managers may charge each time you buy new units or shares in a fund or trust. Where Investment Managers would have an entry charge, we will negotiate to have it waived so you will not be charged. 0.00%
Ongoing Charges: The fund manager The annual charge paid to a fund manager to cover the costs of running the fund. It is an estimate based on the actual amount charged in the previous year. 0.29%
Performance Fee: The fund manager A performance fee joins up the interest of the fund manager and their investors. A performance fee is taken when the fund beats pre-set conditions. N/A
Typical transaction cost: The fund manager The costs of dealing within a fund, which the Investment Manager must pay to continue managing the assets. This includes where the Manager decides to sell one stock and buy another. The costs will vary from one fund to another based on how often the Investment Manager trades and the costs applied when trading. 0.188%*
Dealing commission: Lloyds The cost of buying or selling some or all of your investment. £1.50
Breakdown

Asset Allocation

Fund size: 632,103,480.00 GBX

Chart date: March 28, 2024

Top 10 Holdings

Top 10 Holdings
Security Weight
Qatar(state of) 4.817% bds 14/03/49 usd200000144a 1.90%
Qatar gov int’l bond 4.4% 16 apr 50 1.50%
Argentine govt intl bd 3.625% 09jul35 1.50%
Qatar govt int’l bond 4% 14 mar 29 1.40%
Argentine govt intl bd 0.75% 09 jul 30 1.40%
Ecuador govt intl bd 3.5% 31 jul 35 1.30%
Brazil(federative republic of) 3.875% bds 12/06/30 usd1000 1.10%
Saudi govt int’l bd 5.75% 16 jan 54 1.10%
Peruvian govt intl bd 2.783% 23 jan 31 1.10%
Dominican republic ib 5.875% 30 jan 60 1.00%

Sectors

Sectors
Sectors Weight
Government Bonds 100.00%

World regions

World regions
Country Weight
Others 37.00%
Turkey 10.10%
Saudi Arabia 9.90%
Mexico 8.10%
United Arab Emirates 6.90%
Qatar 6.30%
Brazil 6.20%
Chile 5.50%
Argentina 5.00%
Dominican Republic 5.00%
ESG

What is ESG?

ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.

ESG Metric

Score

MSCI ESG Quality Score (0-10)

4.3

MSCI ESG Quality Score - Peer Percentile (0-100)

52%

MSCI ESG Quality Score - Global Percentile (0-100)

7%

Fund Environmental Impact Involvement (%)

0%

Fund Social Score Impact Involvement (%)

6%

Fund Severe Governance Controversies Involvement (%)

0%

EXPOSURE TO SUSTAINABLE IMPACT THEMES

EXPOSURE TO SRI EXCLUSIONS

EXPOSURE TO FOSSIL FUEL

Important legal information

The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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