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Legal & General Cash Class I - Accumulation (GBP)

Sell:98.12p Buy:98.12p Change: No change
Prices as at 14 October 2019
Sell:98.12p
Buy:98.12p
Change: No change
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 14 October 2019
Sell:98.12p
Buy:98.12p
Change: No change
Prices as at 14 October 2019
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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.

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): 0.15%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.15%
There are other unit types of this fund available:
Inclusive - Class R - Accumulation (GBP) (Net ongoing charge 0.25%)

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:
LGIM Liquidity Team Management
Fund launch date: 23 September 1992
Sector: Short Term Money Market
Fund size: £2,090 million
Number of holdings: 76
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: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

14/10/14 to 14/10/15 14/10/15 to 14/10/16 14/10/16 to 14/10/17 14/10/17 to 14/10/18 14/10/18 to 14/10/19
Annual return 0.23% 0.20% 0.20% 0.42% 0.67%

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 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 50 funds are superior alternatives. View funds on the Wealth 50 »

Fund Objective

The objective of this fund is to maintain capital and to provide a return in line with money market rates, before charges. The fund will generally invest in short term deposits, certificates of deposit, government bonds (predominantly UK) issued in pounds sterling and Repos. In stressed market conditions, the fund may be invested up to 100% in government and public securities issued by a single issuer. The maximum maturity of the instruments the fund invests in is 397 days but the fund must maintain a weighted average maturity of less than 60 days. The bonds that the fund invests in must be investment grade (rated as lower risk). 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 other fixed income securities, other money market instruments and collective investment schemes.

Income Details

Distribution yield : 0.60%
Underlying yield : 0.60%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 5 November 2019 5 February 2020 5 May 2020 5 August 2020
Payment date: 5 January 20204 5 April 20204 5 July 20204 5 October 20204

This data is provided by Funds Library. 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 August 2019.

Security Weight
Cash 36.64%
ABN AMRO BK NV CD 0.0% 1.91%
ABN AMRO BANK N.V.CD .78% 1.44%
UBS AG CD .82% 1.43%
CREDIT AGRICOLE CD .91% 1.20%
CITIBANK NA CD .77% 1.20%
ROYAL BANK OF CDA CD .91% 1.20%
CR SUISSE 1ST BSTNCD .92% 1.20%
CITIBANK NA CD .75% 1.20%
NATL BK OF ABU CD 1.05 1.20%
Sector Weight
Cash and Equiv. 97.13%
Non-Classified 2.87%
Country Weight
Cash and Equiv. 97.13%
Non-Classified 2.87%

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 October 2019. Data provided by Funds Library, correct as at 31 August 2019.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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.