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LEGAL & GENERAL GROWTH R - Fund overview

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Overview of LEGAL & GENERAL GROWTH R

A focused best ideas portfolio consisting of 25 equally weighted stocks selected from the FTSE 350 Index. These stocks are drawn from the UK equities team core model portfolio which consists of 40 stocks. Stocks outside of the model portfolio will not be considered. Robert Churchlow is head of the UK equity team; the team has been through a whole sale change since his arrival in 2003.

Standard Initial Charge

5.00% 0.00%

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Fund summary

Sector  UK All Companies
Product type  UNIT TRUST
Launched  November, 2000
Size  £161m
Yield 0.5%
Charging basis  –
Dividends paid  –
Bid price(inc) 50.99p
Bid price(acc) 58.20p

Fund Charges

Standard Initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 1.02%
Annual management charge 1.50%
Total expense ratio 1.53%
Reduction in yield (10yr) 1.63%

Bestinvest says


No information available.

Portfolio

legal & general growth r asset allocation illustration
Allocation Proportion
Equity 99%
High yield bonds
Quality bonds
Property
Commodities
Hedge
Fund cash 1%
legal & general growth r equity geographic illustration
Allocation Proportion
UK 100%
Europe 0%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
legal & general growth r equity capitalisation illustration
Allocation Proportion
Large Caps 50%
Mid Caps 41%
Small Caps 9%

Investment process


The investment objective is to secure capital growth by investing in a portfolio principally of UK shares. The fund invests in two categories of companies, those that have been identified as offering strong longer term growth prospects and turnaround situations. The team believe share prices are driven by value creation, measured by cash flow return on investment. The team will use L&G's market position to gain 1 to 1 access to company management.

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. Past performance or any yields quoted should not be considered reliable indicators 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; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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