Legal&General Cash Trust (I) - Acc


Buy Price (as of 05/12/2016) £0.969  Sell Price (as of 05/12/2016) £0.969   Day Change :  0.00%     Fund Code:  LGCSA 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Jennifer has more than 14 years industry experience covering segregated cash mandates, liquidity and cash funds. In 2008 Jennifer joined LGIM as Head of Cash Management, moving from Scottish Widows Investment Partnership (SWIP) where she was Investment Director, Money Market Funds. Prior to this Jennifer also held the role of Treasury Manager with SWIP. Jennifer is an Associate of the Chartered Institute of Bankers in Scotland.
Investment HouseLegal & General
Fund ProviderLegal & General(Unit Trust Managers)Ltd
ManagerJennifer Gillespie   Biography

Fund Objective The investment objective of the Trust is to maintain capital and to provide a return in line with money market rates, before charges. The Trust will generally invest in short-term deposits, certificates of deposit, government bonds issued in pounds sterling and Repos. The maximum maturity of these instruments is 397 days but the Trust must maintain a weighted average maturity of less than 60 days. The bonds that the Trust invests in must be investment grade (rated as lower risk). The Trust may also invest in other fixed income securities, other money market instruments and collective investment schemes. The Trust may use derivatives for efficient portfolio management purposes only. Where the Manager considers it appropriate, for example, in times of market stress, the Trust may be significantly invested in government and public securities.

Key Statistics

Fund Status
Fund TypeUNIT TRUST
ISINGB00B0CNHB64
12-Month NAV High -
12-Month NAV Low -
Fund Comparative Index -
Morningstar CategoryTMGBP Money Market
Dividend FrequencyQuarterly
Distribution Yield0.20%
Underlying Yield0.20%

Annual Charges

Morningstar ratings

 as of  31/03/2013
OverallN/A
3 YearsN/A
5 YearsN/A
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  05/12/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
0.201.120.49-0.04-1.00
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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