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Legal & General Dynamic Bond Fund Inclusive - Class R - Accumulation (GBP)

Sell:92.95p Buy:94.34p Change: 0.04p (0.04%)
Prices as at 10 July 2020
Sell:92.95p
Buy:94.34p
Change: 0.04p (0.04%)
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 10 July 2020
Sell:92.95p
Buy:94.34p
Change: 0.04p (0.04%)
Prices as at 10 July 2020
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): 1.22%
Ongoing saving from HL: 0.45% i
Net ongoing charge: 0.77%
There are other unit types of this fund available:
Inclusive - Class R - Income (GBP) (Net ongoing charge 0.77%)
Class I - Accumulation (GBP) (Net ongoing charge 0.63%)
Class I - Income (GBP) (Net ongoing charge 0.63%)

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: Inclusive
Manager:
Colin Reedie
Fund launch date: 30 April 2007
Launch price: £0.50
Sector: GBP Strategic Bond
Fund size: £191 million
Number of holdings: 362
Fund type: Unit Trust
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 15:00
Trustee: The Northern Trust Company
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

10/07/15 to 10/07/16 10/07/16 to 10/07/17 10/07/17 to 10/07/18 10/07/18 to 10/07/19 10/07/19 to 10/07/20
Annual return -0.41% -2.04% -3.33% 4.56% 4.84%

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 combination of income and growth. The fund will invest between 80% and 100% in bonds and/or derivatives and/or cash. The bonds may have a fixed or variable rate of income. The bonds that the fund invests in may be investment grade (rated as lower risk) or sub-investment grade (rated as higher risk). The bonds held may be issued by companies or governments and may be issued in the UK or overseas. 35% or more of the fund can be invested in bonds issued by the government of any one of various countries or by any one of various international organisations. 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 use derivatives for investment purposes to enhance the performance of the fund, manage the effect of changes in interest rates, manage the effect of changes in exchange rates with Sterling, removing 90% or more of this exchange rate risk. The fund may also invest in other funds and/or company shares.

Income Details

Distribution yield : 4.60%
Underlying yield : 4.00%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 5 June 2020 5 September 2020 5 December 2020 5 March 2021
Payment date: 5 August 20204 5 November 20204 5 February 20214 5 May 20214

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 May 2020.

Security Weight
0 5/8% Treasury Gilt 2025 4.86%
EMPRESA ELECTRICA 4.875% 1.31%
KERNEL HLDG. 8.75% 1.30%
POWER FIN. 3.75% 1.26%
KENYA GOV. INTL. 6.875% 1.22%
METINVEST 7.75% 1.20%
TOTAL CAP. INTL. 3.127% 1.13%
UNICREDIT 6.572% 1.13%
US. TSY. INFL. I 1.00% IL 1.11%
BOEING 4.875% 1.11%
Sector Weight
Bonds 89.07%
Cash and Equiv. 10.80%
Alternative Trading Strategies 0.99%
Non-Classified -0.85%
Country Weight
United States 31.92%
United Kingdom 11.20%
Cash and Equiv. 10.80%
India 6.09%
Non-Classified 3.89%
Netherlands 3.60%
Italy 3.59%
Indonesia 2.46%
Luxembourg 2.41%
Germany 2.19%

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 10 July 2020. Data provided by Funds Library, correct as at 31 May 2020.

FundsLibrary
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.