L&G Multi Manager Balanced I Acc

Fund

Fund Info

  • Yield History1.59%
  • 3 Year sharpe0.86
  • 3 Year alpha-0.65
  • Distribution Typeaccumulation
  • BenchmarkIA Mixed Invest 40 - 85% Shares
  • Legal StructureUnit Trust
  • Fund Size (month end)Unit Trust
  • OCF1.35%
  • SectorMixed Investment 40-85% Shares
  • Manager GroupLegal & General
  • DomicileUnited Kingdom
  • ISINGB00B8L25945

Investment Strategy

The Scheme's investment objective is to achieve long term capital growth whilst at the same time safeguarding against excessive risks. The fund will invest in a wide range of authorised investment funds that hold company shares, bonds (a type of loan which pays interest) issued by companies, commercial property and cash. The fund manager will select investment funds that invest across all countries, currencies and sectors. The bonds that these funds invest in may be investment grade (rated as lower risk) or sub-investment grade (rated as higher risk). Investment and sub-investment grade bonds are bonds that have been given a credit rating by a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time.