L&G Active Sterling Corporate Bond Plus Fund R Class Distribution

Category GBP Corporate Bond


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Last buy/sell price

57.25p

arrow-down-0.04p (-0.07%)

Fund Code

0157229

GB0001572295

Prices updated as at 28 Mar 2024
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Prices in GBX

Investment objective
The objective of the Fund is to provide income and growth above those of the Markit iBoxx Sterling Corporate Bond Total Return Index (the “Benchmark Index”). The Fund aims to outperform the Benchmark Index over rolling three year periods after the deduction of all fees and expenses. The Fund is actively managed and will invest at least 80% in investment grade corporate bonds denominated in Sterling or hedged back to Sterling, with minimum credit ratings of BBB- at the time of purchase. These are bonds with a credit rating from a nationally recognised statistical rating organisation (NRSRO).

Fund statusOpen
Fund typeUnit Trust
Fund managerMark Benstead, James MacIntyre-Ure
58.02
52.43
Fund comparative indexMarkit iBoxx GBP Corp TR
£ Corporate Bond
-
1.03
0.17
-
GBP Corporate Bond
No
Fund providerLegal & General (Unit Trust Managers) Ltd
Share class launch date20 Oct 1997
£197.24m
-
-
-
Monthly
Please note that some funds may have small additional incidental charges that are not shown here. Where these charges do exist they are included within the variable ongoing costs in the Pre-sale Illustration.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) 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.