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Legal & General Strategic Bond Fund Class I - Accumulation (GBP)

Sell:129.00p Buy:129.00p Change: No change
Prices as at 12 December 2024
Sell:129.00p
Buy:129.00p
Change: No change
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 12 December 2024
Sell:129.00p
Buy:129.00p
Change: No change
Prices as at 12 December 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%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.63%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.63%
There are other unit types of this fund available:
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: Unbundled
Manager:
Multiple
Fund launch date: 30 April 2007
Sector: GBP Strategic Bond
Fund size: £674 million
Number of holdings: 536
Fund type: Unit Trust
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 15:00
Trustee: The Northern Trust Company
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

12/12/19 to 12/12/20 12/12/20 to 12/12/21 12/12/21 to 12/12/22 12/12/22 to 12/12/23 12/12/23 to 12/12/24
Annual return 12.50% 3.53% -3.94% 3.19% 13.86%

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 : 6.60%
Underlying yield : 6.30%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 5 December 2024 5 March 2025 5 June 2025 5 September 2025
Payment date: 5 February 20254 5 May 20254 5 August 20254 5 November 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 30 September 2024.

Security Weight
AA BD. 8.45% 1.39%
SAUDI ARABIAN OIL C 5.87% 0.99%
ATHORA HLDG. 5.875% 0.94%
EUSHI FINANCE INC 1 7.62% 0.91%
BANK OF NOVA SCOTIA/ F2V 0.87%
AROUNDTOWN FIN. SARL F2V 0.85%
9.25% 0.83%
BANCA MONTE DEI PASC F2V 0.82%
VOLKSWAGEN FIN SERV 6.5% 0.76%
BARCLAYS F2F 0.72%
Sector Weight
Bonds 87.85%
Cash and Equiv. 6.09%
Non-Classified 5.57%
Banks 0.49%
Country Weight
United Kingdom 17.35%
United States 15.89%
Non-Classified 14.72%
Cash and Equiv. 6.09%
France 5.36%
Luxembourg 4.41%
Netherlands 3.59%
Italy 2.58%
Spain 2.48%
Germany 2.42%

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 12 December 2024. Data provided by Broadridge, correct as at 31 July 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 an ISA or a 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.