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Legal & General US Index - Shadi takes over

By TOM WHITE 01/02/2007

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Shadi Sarhangpour has been named the new manager of the Legal and General US Index fund. Former manager Ali Toutounchi remains as co-manager.

Recommendation

Our original recommendation on this fund was based on the fund’s low costs and low tracking error. As a result, we are maintaining the three star rating.

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Market latest

Index	Points	+/-
FTSE 100	5867.64	0.42%
FTSE 250	11154.00	0.75%
FTSE All Share	3029.89	0.45%
FTSE Euro 100	2228.41	0.66%
S&P 500	1339.70	0.34%
Nasdaq	2887.10	0.51%
Hang Seng	20709.94	–
Nikkei 225	8917.52	0.13%

Values delayed by at least 15 minutes.
Source: Financial Express

The value of your investments and the income from them can go down as well as up and you can get back less than you originally invested. Any yields quoted cannot be taken as a reliable indicator of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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