LEGAL & GENERAL JAPAN INDEX R
Low cost tracker fund following the FTSE World Japan Index.
ANNUAL MANAGEMENT CHARGE
Prices as at 04 Dec 2023.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
|Dividends paid||24 Jun, 24 Dec|
|Standard Initial Charge||0%|
|Initial Charge Via BestInvest||0%|
|Additional Bid/Offer Spread||0%|
|Annual Management Charge||0.53%|
|Ongoing Charges Figure||0.53%|
The fund's aim is to track the performance of the Japanese equity market as represented by the FTSE World Japan Index. The fund does this largely through purchasing the stocks in proportion to their weight in the index and the number of investors in the trust. This process is referred to as full replication. However this can be expensive and inefficient for smaller companies in the index so the manager may use stratified sampling where it is deemed appropriate which reduces costs but also increases the divergence from the index (known as tracking error). The trust does not use derivatives in seeking to track the index only to manage cash etc. The manager will also not engage in stock lending, which can help to increase returns. Investors should not therefore be exposed to counterparty risk.
The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.
Past performance is not a guide to future performance. View full risk warning