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Legal & General Active Short Dated Ster Corp Bd Class I - Accumulation (GBP)

Sell:214.70p Buy:214.70p Change: 0.40p (0.19%)
Prices as at 14 June 2024
Sell:214.70p
Buy:214.70p
Change: 0.40p (0.19%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 14 June 2024
Sell:214.70p
Buy:214.70p
Change: 0.40p (0.19%)
Prices as at 14 June 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as income units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.42%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.42%
There are other unit types of this fund available:
Class I - Income (GBP) (Net ongoing charge 0.42%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Mark Benstead
Fund launch date: 23 February 2009
Sector: GBP Corporate Bond
Fund size: £184 million
Number of holdings: 115
Fund type: Unit Trust
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The Northern Trust Company
Minimum investment: £100.00
Charges deducted from: n/a
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

14/06/19 to 14/06/20 14/06/20 to 14/06/21 14/06/21 to 14/06/22 14/06/22 to 14/06/23 14/06/23 to 14/06/24
Annual return 2.00% 6.13% -7.26% -2.49% 9.71%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The objective of this fund is to provide a high income, whilst aiming to preserve capital over the long term. The fund will invest in bonds. These bonds will have a pre-set rate of income (either set at a fixed level or varying in a pre-determined way). The bonds that the fund invests in will be at least 80% investment grade (rated as lower risk). The fund may also invest up to 20% in sub-investment grade bonds (rated as higher risk). The bonds that the fund invests in may be issued by companies, governments or other public issuers worldwide. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income with no, or an acceptably low, level of risk. The fund may also invest in cash, deposits or other authorised investment funds.

Income Details

Distribution yield : 3.90%
Underlying yield : 3.90%
Income paid: Monthly
Type of payment: Interest
Ex-dividend date: 15 May 2024 15 June 2024 15 July 2024 15 August 2024 15 September 2024 15 October 2024 15 November 2024 15 December 2024 15 January 2025 15 February 2025 15 March 2025 15 April 2025
Payment date: 13 July 20244 13 August 20244 13 September 20244 13 October 20244 13 November 20244 13 December 20244 13 January 20254 13 February 20254 13 March 20254 13 April 20254 13 May 20254 13 June 20254

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 March 2024.

Security Weight
ROTHESAY LIFE 3.375% 3.08%
Land Securities Capital Markets 5.391% 2027 2.96%
LOGICOR 2019-1 U 1.875% 2.84%
CREDIT SUISSE AG 1.125% 2.82%
SANTANDER UK GRP. 3.625% 2.46%
WESTERN POWER DIST 3.50% 2.34%
WHITBREAD GRP. 3.375% 2.11%
BANQUE FEDERATIVE 5.00% 2.06%
LLOYDS BANKING GROUP F2V 2.02%
NEW YORK LIFE GBL. 4.35% 1.96%
Sector Weight
Bonds 93.59%
Non-Classified 3.98%
Cash and Equiv. 2.43%
Country Weight
United Kingdom 38.83%
Non-Classified 12.66%
United States 10.73%
France 9.80%
Canada 4.15%
Switzerland 3.54%
Netherlands 2.68%
United Arab Emirates 2.58%
Cash and Equiv. 2.43%
Luxembourg 2.36%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 14 June 2024. Data provided by Broadridge, correct as at 30 April 2024.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.