Legal & General S&P 500 US Equal Weight Index Fund Class I Units GBP Accumulation

A Select 50 Fund - Fidelity insight

Category US Large-Cap Blend Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£0.5216

arrow-down£-0.001 (-0.23%)

Fund Code

LGKIA

BSWT8L7

GB00BSWT8L75

Prices updated as at 04 Dec 2025

Prices in GBP

Investment objective

The objective of the Fund is to track the performance of the S&P 500 Equal Weight Index (the “Benchmark Index”) on a net total return basis 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 Fund is a Replicating Fund as it replicates 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 invest at least 90% in assets (directly or through depositary receipts) that make up the Benchmark Index.

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.

Our view

Why we like the fund: This is an index-tracking fund that invests in the largest companies listed in the United States. Its methodology is to equally weight all the companies, meaning it has less concentrated exposures to the largest companies in the United States compared to traditional passive funds (that are weighted by company size). How to use the fund: For investors who have a long-term horizon, are cost-conscious, and want a less concentrated exposure to the largest companies in the United States, this fund represents a sensible choice on the riskier side of a portfolio.

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.