Law Debenture Corporation (LWDB)

Category UK Flex-Cap Equity
star-filledstar-filledstar-filledstar-filledstar-filled
This investment trust can be held in an Investment ISA, SIPP and Investment Account
Some Investment Trusts include direct costs as part of their Ongoing charge, such as the annual management charge. For those that show ongoing charges as 0% or a dash please review the investment literature for details on the charges that will apply.

If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.
Sell

1,082.00p

Buy

1,086.00p

arrow-down-4.00p (-0.37%)

Discount/Premium

-1.43%

Estimated NAV

1,101.77p

Prices updated at 02 Apr 2026, 16:35 BST
| Prices minimum 15 mins delay
|
Prices in GBX
Investment objective
To achieve long term capital growth in real terms and steadily increasing income. The aim is to achieve a higher rate of total return than the FTSE Actuaries All-Share Index through investing in a diversified portfolio of stocks and ownership of the IPS business.
FTSE All-Share
arrow-up0.59%
LSE
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 31/03/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Top 10 holdings

1
HSBC Holdings PLC
Sector
-
Country
United Kingdom
% of assets
4.00712
2
Barclays PLC
Sector
-
Country
United Kingdom
% of assets
3.41726
3
Shell PLC
Sector
-
Country
United Kingdom
% of assets
3.38782
4
Rio Tinto PLC Ordinary Shares
Sector
-
Country
United Kingdom
% of assets
2.7576
5
BP PLC
Sector
-
Country
United Kingdom
% of assets
2.61449
6
GSK PLC
Sector
-
Country
United Kingdom
% of assets
2.56081
7
Senior PLC
Sector
-
Country
United Kingdom
% of assets
1.95415
8
Standard Chartered PLC
Sector
-
Country
United Kingdom
% of assets
1.80603
9
National Grid PLC
Sector
-
Country
United Kingdom
% of assets
1.62342
10
Balfour Beatty PLC
Sector
-
Country
United Kingdom
% of assets
1.58099
Assets in top 10 holdings %

25.71%

Total no. of equity holdings

128.00

Total no. of bond holdings

-

Stock sectors

Law Debenture Corporation
UK Flex-Cap Equity

48.40%

Basic materials

10.54%
-

Con cyclical

8.99%
-

Financial svs

23.10%
-

Real estate

5.78%
-

37.60%

Comm services

3.60%
-

Energy

7.57%
-

Industrials

22.62%
-

Technology

3.81%
-

14.00%

Con defensive

3.76%
-

Healthcare

6.66%
-

Utilities

3.57%
-


Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
© Copyright 2026 Morningstar. All rights reserved.