Legal & General Ethical R

FTSE 350 tracker filtered to meet ethical investment criteria.

  • 68.44p Price (Inc)
  • 105.40p Price (Acc)
  • 0.00% Initial charge
  • 1.00% Annual management charge
  • 1.15% Ongoing charges
  • 2.70% Yield

Prices as at 10 December 2019

Fund summary

Sector UK All Companies
Structure UNIT TRUST
Launched July, 1999
Size £282m
Yield 2.70%
Charging basis
Dividends paid 12 Feb, 12 Aug

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.64%
Annual management charge 1.00%
Ongoing charges figure 1.15%

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Investment process

A FTSE 350 (excl ITs) tracker that will conform to an extensive set of Ethical criteria. It will be a CAT standard ISA and is also available for PEP transfers.

Manager research

Average monthly relative returns

  • 14/15 0.10%
  • 15/16 -0.15%
  • 16/17 0.04%
  • 17/18 -0.04%
  • 18/19 0.04%

Bestinvest MRI

  • 3 years 0.01%
  • 5 years 0.00%
  • Career -0.01%
  • 3 years 62.60%
  • 5 years 56.40%
  • Career 69.50%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Jason Forster

Forster is a fund manager in Legal & General's Index Funds team, responsible for Pacific and UK funds from 2002. He joined the company in 1999, initially working on the development of the in-house index fund management system. He previously worked at Hermes Fund Management, where he was involved in portfolio performance measurement. He began his career in 1992 with Financial Times Information, later spending two years at FTSE International as an indices analyst. Forster studied Business Studies at Southampton Solent University and is a member of the FTSE EMEA Regional Committee.

Track record

Jason Forster has 10.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.01%. During the worst period of relative performance (from October 2009 - November 2011) there was a decline of 6% relative to the index. The worst absolute loss has been 16%.

Periods of worst performance

Absolute -16.00% (April 2011 - September 2011)
Relative -6.00% (October 2009 - November 2011)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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Top 10 holdings

Data accurate as at 31 July 2019

5.5% Prudential Plc
5.1% Bhp Group Plc
4.7% Lloyds Banking Group Plc
3.5% National Grid
2.8% Crh
2.8% Experian Plc
2.7% Tesco Corp
2.6% London Stock Exchange Group
2% Aviva
2% Smith & Nephew
Source: Trustnet

Sector breakdown

Financials 33.00%
Consumer Services 19.00%
Industrials 17.00%
Basic Materials 9.00%
Consumer Goods 6.00%
Utilities 5.00%
Health Care 4.00%
Technology 3.00%
Cash & Cash Equivalents 2.00%
Oil & Gas 1.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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