Prudential LGIM Ethical UK Equity Index Fund S3

Essentials Portfolio Analysis Background Data Prudential Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to latest available quarter end

30/09/15
to
30/09/16
30/09/16
to
30/09/17
30/09/17
to
30/09/18
30/09/18
to
30/09/19
30/09/19
to
30/09/20
Fund 15.6% 11.5% 6.1% 4.2% -15.8%
Benchmark 15.1% 11.7% 6.3% 5.6% -17.5%

Performance - to latest available quarter end

Quarter Annualised
3
2020
3 Years to
30/09/20
5 Years to
30/09/20
10 Years to
30/09/20
Fund -1.4% -2.4% 3.7% n/a
Benchmark -3.1% -2.6% 3.5% 5.5%

Top 10 Holdings

Stock % Weight
ASTRAZENECA 8.07
HSBC HLDGS 6.12
GLAXOSMITHKLINE 6.01
DIAGEO 4.71
ROYAL DUTCH SHELL 3.74
ROYAL DUTCH SHELL 3.55
UNILEVER 3.30
RECKITT BENCKISER GROUP 3.06
RIO TINTO 3.01
RELX 2.52
Total 44.10

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the LGIM Ethical UK Equity Index Fund - the underlying fund.

Underlying Fund Objective: The fund aims to track the sterling total returns of the FTSE4Good UK Equity Index (including re-invested income, less withholding tax) to within +/- 0.5% per annum for two years in three.

Fund Manager

Jason Forster manager of the underlying fund for 16 years and 6 months

Photo of Jason Forster Jason is a Fund Manager, Index Funds specialising in the Pacific and UK funds from 2002 onwards. Prior to 2002, Jason was primarily responsible for the development of the in-house index fund management system. Before joining LGIM in 1999, Jason worked for Hermes Fund Management and was involved in portfolio performance measurement. Prior to Hermes, Jason worked for FTSE International for over two years as an indices analyst. He began his career in 1992, working for the Financial Times. Jason completed Business Studies at Southampton Higher Institute and is a member of the FTSE EMEA Regional Committee and the LPX Committee.

Fund Overview

Daily price (26/11/2020) 210.03
Fund size (30/09/2020) £5.96m
Underlying Fund size £142.72m
Number of holdings 226
Annual Management Charge (AMC) Please refer to the "Fund Guide"
for your specific pension plan
Launch date 03/07/2015

Asset Allocation

pie chart
  UK Equities 93.97%
  International Equities 3.12%
  Property 0.55%
  Cash and Equivalents -0.22%
  Other Assets 2.58%

Performance comment

Performance as at Q4 2019 - Equity markets ended 2019 on an encouraging note, as an easing of US-China trade tensions and supportive policies from central banks boosted demand for riskier assets during the fourth quarter as investors became more optimistic about the global economic outlook. In December, the US and China agreed a phase one deal, cancelling planned American tariffs on Chinese goods and reducing those imposed in September, in exchange for Beijing buying more US goods.

Government bond markets lost ground over the final quarter of the year as investors favoured risk-based assets. This reflected growing optimism that progress in US-China trade talks and the effects of recent US-led global interest rate cuts should help to support economic activity.

Global credit markets had a mixed end to the year as tightening credit spreads countered the effects of weaker underlying government bond markets. While the latter lost some of their ‘safe-haven’ appeal amid growing confidence that a Phase One USChina trade deal was within reach, investors’ migration into risk-based assets, driven by optimism over the effects of US-led interest rate cuts and the potential for reduced trade friction, fostered a narrowing of credit spreads over the quarter. Against the backdrop of improving risk appetite, higher risk credits, including global high yield debt and US dollar-denominated emerging market corporate bonds, outperformed relative to global investment grade credit.

Amongst currencies, the US dollar trade weighted index weakened over the fourth quarter as concerns over the global economic outlook eased and the Fed confirmed it would keep interest rates on hold after sanctioning its third rate reduction since the summer in October. Progress on US-China trade negotiations, with the two sides reaching an initial agreement in December, underpinned more positive sentiment amongst investors globally and put downward pressure on the dollar. Source: LGIM

Important Information

All rights in the FTSE4Good Global Equity Index vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE under licence. The Ethical Global Equity Index Fund has been developed solely by Legal & General Investment Management Limited. The Index is calculated by FTSE or its agent. FTSE and its licensors do not sponsor, advise, recommend, endorse or promote this Ethical Global Equity Index Fund and are not in any way connected to it and do not accept any liability (including in negligence or otherwise) to any person for any loss arising out of use of the Index by any person or in relation to the Ethical Global Equity Index Fund’s issue, operation or trading or as a result of an investment in the Ethical Global Equity Index Fund. FTSE makes no claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Ethical Global Equity Index Fund or as to the fitness or suitability of the Index for the particular purpose to which it is being put by Legal & General Investment Management Limited.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  UK Equities 93.97%
  International Equities 3.12%
  Property 0.55%
  Cash and Equivalents -0.22%
  Other Assets 2.58%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 19.10% - - -
 
Banks - 10.39% - -
 
Banks - - 10.39% -
 
Banks - - - 10.39%
 
Insurance - 4.77% - -
 
Life Insurance - - 4.35% -
 
Life Insurance - - - 4.35%
 
Non-life Insurance - - 0.42% -
 
Full Line Insurance - - - 0.27%
 
Property & Casualty Insurance - - - 0.14%
 
Financial Services - 3.95% - -
 
Investment Banking & Brokerage Services - - 3.76% -
 
Investment Services - - - 1.86%
 
Asset Managers & Custodians - - - 1.56%
 
Diversified Financial Services - - - 0.34%
 
Finance & Credit Services - - 0.18% -
 
Consumer Lending - - - 0.12%
 
Mortgage Finance - - - 0.07%
 
Health Care 15.67% - - -
 
Health Care - 15.67% - -
 
Pharmaceuticals & Biotechnology - - 14.34% -
 
Pharmaceuticals - - - 14.34%
 
Medical Equipment & Services - - 1.23% -
 
Medical Equipment - - - 1.00%
 
Medical Supplies - - - 0.23%
 
Health Care Providers - - 0.09% -
 
Health Care Facilities - - - 0.09%
 
Consumer Staples 15.17% - - -
 
Personal Care, Drug & Grocery Stores - 9.26% - -
 
Personal Care, Drug & Grocery Stores - - 9.26% -
 
Personal Products - - - 3.34%
 
Nondurable Household Products - - - 3.06%
 
Food Retailers & Wholesalers - - - 2.87%
 
Food, Beverage & Tobacco - 5.91% - -
 
Beverages - - 5.14% -
 
Distillers & Vintners - - - 4.71%
 
Soft Drinks - - - 0.42%
 
Food Producers - - 0.77% -
 
Food Products - - - 0.77%
 
Consumer Discretionary 11.49% - - -
 
Media - 4.14% - -
 
Media - - 4.14% -
 
Publishing - - - 2.87%
 
Media Agencies - - - 1.06%
 
Radio & TV Broadcasters - - - 0.21%
 
Consumer Products & Services - 3.53% - -
 
Consumer Services - - 1.78% -
 
Vending & Catering Service - - - 1.55%
 
Consumer Services: Misc. - - - 0.22%
 
Funeral Parlors & Cemetery - - - 0.01%
 
Household Goods & Home Construction - - 1.34% -
 
Home Construction - - - 1.32%
 
Household Furnishings - - - 0.02%
 
Personal Goods - - 0.42% -
 
Clothing & Accessories - - - 0.42%
 
Travel & Leisure - 2.68% - -
 
Travel & Leisure - - 2.68% -
 
Casinos & Gambling - - - 1.09%
 
Travel & Tourism - - - 0.48%
 
Hotels & Motels - - - 0.47%
 
Restaurants & Bars - - - 0.38%
 
Airlines - - - 0.27%
 
Retail - 1.10% - -
 
Retailers - - 1.10% -
 
Diversified Retailers - - - 0.59%
 
Home Improvement Retailers - - - 0.32%
 
Specialty Retailers - - - 0.19%
 
Automobiles & Parts - 0.02% - -
 
Automobiles & Parts - - 0.02% -
 
Automobiles - - - 0.01%
 
Auto Services - - - 0.01%
 
Industrials 9.15% - - -
 
Industrial Goods & Services - 7.39% - -
 
Industrial Support Services - - 3.75% -
 
Professional Business Support Services - - - 2.93%
 
Industrial Suppliers - - - 0.43%
 
Business Training & Employment Agencies - - - 0.25%
 
Security Services - - - 0.14%
 
Forms & Bulk Printing Services - - - 0.01%
 
General Industrials - - 1.57% -
 
Diversified Industrials - - - 0.84%
 
Containers & Packaging - - - 0.73%
 
Electronic & Electrical Equipment - - 1.14% -
 
Electronic Equipment: Gauges & Meters - - - 0.68%
 
Electrical Components - - - 0.30%
 
Electronic Equipment: Control & Filter - - - 0.15%
 
Industrial Engineering - - 0.65% -
 
Machinery: Industrial - - - 0.65%
 
Industrial Transportation - - 0.26% -
 
Transportation Services - - - 0.12%
 
Delivery Services - - - 0.11%
 
Commercial Vehicle-Equipment Leasing - - - 0.03%
 
Aerospace & Defence - - 0.02% -
 
Aerospace - - - 0.02%
 
Construction & Materials - 1.75% - -
 
Construction & Materials - - 1.75% -
 
Building Materials: Other - - - 1.55%
 
Construction - - - 0.19%
 
Engineering & Contracting Services - - - 0.01%
 
Basic Materials 8.60% - - -
 
Basic Resources - 7.78% - -
 
Industrial Metals & Mining - - 6.66% -
 
General Mining - - - 6.36%
 
Copper - - - 0.27%
 
Iron & Steel - - - 0.03%
 
Precious Metals & Mining - - 0.63% -
 
Gold Mining - - - 0.62%
 
Diamonds & Gemstones - - - 0.00%
 
Industrial Materials - - 0.50% -
 
Paper - - - 0.50%
 
Chemicals - 0.82% - -
 
Chemicals - - 0.82% -
 
Chemicals: Diversified - - - 0.82%
 
Energy 7.78% - - -
 
Energy - 7.78% - -
 
Non-Renewable Energy - - 7.78% -
 
Integrated Oil & Gas - - - 7.69%
 
Oil: Crude Producers - - - 0.09%
 
Utilities 4.82% - - -
 
Utilities - 4.82% - -
 
Gas, Water & Multi-utilities - - 3.77% -
 
Multi-Utilities - - - 2.57%
 
Water - - - 1.21%
 
Electricity - - 1.04% -
 
Conventional Electricity - - - 1.02%
 
Alternative Electricity - - - 0.02%
 
Waste & Disposal Services - - 0.01% -
 
Waste & Disposal Services - - - 0.01%
 
Telecommunications 3.05% - - -
 
Telecommunications - 3.05% - -
 
Telecommunications Service Providers - - 2.95% -
 
Telecommunications Services - - - 2.95%
 
Telecommunications Equipment - - 0.10% -
 
Telecommunications Equipment - - - 0.10%
 
Non-Classified 2.58% - - -
 
Non-Classified - 2.58% - -
 
Non-Classified - - 2.58% -
 
Non-Classified - - - 2.58%
 
Technology 1.85% - - -
 
Technology - 1.85% - -
 
Software & Computer Services - - 1.85% -
 
Software - - - 0.87%
 
Consumer Digital Services - - - 0.79%
 
Computer Services - - - 0.20%
 
Real Estate 0.95% - - -
 
Real Estate - 0.95% - -
 
Real Estate Investment Trusts - - 0.68% -
 
Diversified REITs - - - 0.38%
 
Residential REITs - - - 0.18%
 
Storage REITs - - - 0.13%
 
Real Estate Investment & Services - - 0.27% -
 
Real Estate Holding and Development - - - 0.16%
 
Real Estate Services - - - 0.11%
 
Cash and Equivalents -0.22% - - -

Regional Allocation

pie chart
  UK 93.97%
  Developed Europe - Excl UK 3.12%
  Non-Classified 2.58%
  Property 0.55%
  Cash and Equivalents -0.22%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 100.40%
  Cash -0.40%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 93.97% -
 
United Kingdom - 93.97%
 
Developed Europe - Excl UK 3.12% -
 
Ireland - 2.46%
 
Switzerland - 0.28%
 
Spain - 0.27%
 
Germany - 0.10%
 
Non-Classified 2.58% -
 
Property 0.55% -
 
Cash and Equivalents -0.22% -

Breakdown By Market Cap (%)

Mega
 
 
61.51%
Large
 
 
22.89%
Medium
 
 
11.24%
Small
 
 
1.72%
Micro
 
 
0.27%
Non-Classified
 
 
2.58%
Cash
 
-0.22%

Top 10 Holdings

Stock % Weight Sector Country
1 ASTRAZENECA 8.07% Pharmaceuticals & Biotechnology United Kingdom
2 HSBC HLDGS 6.12% Banks United Kingdom
3 GLAXOSMITHKLINE 6.01% Pharmaceuticals & Biotechnology United Kingdom
4 DIAGEO 4.71% Beverages United Kingdom
5 ROYAL DUTCH SHELL 3.74% Non-Renewable Energy United Kingdom
6 ROYAL DUTCH SHELL 3.55% Non-Renewable Energy United Kingdom
7 UNILEVER 3.30% Personal Care, Drug & Grocery Stores United Kingdom
8 RECKITT BENCKISER GROUP 3.06% Personal Care, Drug & Grocery Stores United Kingdom
9 RIO TINTO 3.01% Industrial Metals & Mining United Kingdom
10 RELX 2.52% Media United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 1.85% - - - - - - - 1.85%
Telecommunications 3.05% - - - - - - - 3.05%
Financials 19.10% - - - - - - - 19.10%
Real Estate 0.40% - - - - 0.55% - - 0.95%
Consumer Discretionary 10.54% 0.95% - - - - - - 11.49%
Consumer Staples 14.89% 0.28% - - - - - - 15.17%
Energy 7.78% - - - - - - - 7.78%
Utilities 4.82% - - - - - - - 4.82%
Health Care 15.67% - - - - - - - 15.67%
Industrials 7.26% 1.89% - - - - - - 9.15%
Basic Materials 8.60% - - - - - - - 8.60%
Cash and Equivalents - - - - - - - -0.22% -0.22%

Important Information

All rights in the FTSE4Good Global Equity Index vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE under licence. The Ethical Global Equity Index Fund has been developed solely by Legal & General Investment Management Limited. The Index is calculated by FTSE or its agent. FTSE and its licensors do not sponsor, advise, recommend, endorse or promote this Ethical Global Equity Index Fund and are not in any way connected to it and do not accept any liability (including in negligence or otherwise) to any person for any loss arising out of use of the Index by any person or in relation to the Ethical Global Equity Index Fund’s issue, operation or trading or as a result of an investment in the Ethical Global Equity Index Fund. FTSE makes no claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Ethical Global Equity Index Fund or as to the fitness or suitability of the Index for the particular purpose to which it is being put by Legal & General Investment Management Limited.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

Identification Codes

Sedol Code BWV0BD2
Mex Code PUZZC
Isin Code GB00BWV0BD26
Citi Code M9ZM

Fund Charges

Annual Management Charge (AMC) Please refer to the "Guide to Fund Options"
for your specific pension plan

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the LGIM Ethical UK Equity Index Fund - the underlying fund. Underlying Fund Objective: The fund aims to track the sterling total returns of the FTSE4Good UK Equity Index (including re-invested income, less withholding tax) to within +/- 0.5% per annum for two years in three.
Benchmark FTSE4Good UK Equity Index
ABI Sector UK All Companies

Important Information

All rights in the FTSE4Good Global Equity Index vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE under licence. The Ethical Global Equity Index Fund has been developed solely by Legal & General Investment Management Limited. The Index is calculated by FTSE or its agent. FTSE and its licensors do not sponsor, advise, recommend, endorse or promote this Ethical Global Equity Index Fund and are not in any way connected to it and do not accept any liability (including in negligence or otherwise) to any person for any loss arising out of use of the Index by any person or in relation to the Ethical Global Equity Index Fund’s issue, operation or trading or as a result of an investment in the Ethical Global Equity Index Fund. FTSE makes no claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Ethical Global Equity Index Fund or as to the fitness or suitability of the Index for the particular purpose to which it is being put by Legal & General Investment Management Limited.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

Charges and further costs may vary in the future and may be higher than they are now.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

These risk ratings have been developed by Prudential to help provide an indication of a fund’s potential level of risk and reward based on the type of assets which may be held by the fund. Other companies may use different descriptions and as such these risk ratings should not be considered as generic across the fund management industry.

We regularly review our fund risk ratings, so they may change in the future. If, in our view, there is a material change in the fund's level of risk, for example due to a significant change to the assets held by the fund or in the way the fund is managed, we will provide information on the new risk rating. We recommend that you make sure you understand the risk rating of any fund before you invest.

You should also consider discussing your decision and the appropriateness of a fund's risk rating with an adviser.

  • Higher Risk
  • Medium to Higher Risk
  • Medium Risk
  • Lower to Medium Risk
  • Lower Risk
  • Minimal Risk

Higher Risk

These are specialist equity funds that focus on set geographical regions or a particular type of share e.g. shares of smaller companies or those that conform to certain criteria.

Help

Important Information

This factsheet is intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

All rights in the FTSE4Good Global Equity Index vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE under licence. The Ethical Global Equity Index Fund has been developed solely by Legal & General Investment Management Limited. The Index is calculated by FTSE or its agent. FTSE and its licensors do not sponsor, advise, recommend, endorse or promote this Ethical Global Equity Index Fund and are not in any way connected to it and do not accept any liability (including in negligence or otherwise) to any person for any loss arising out of use of the Index by any person or in relation to the Ethical Global Equity Index Fund’s issue, operation or trading or as a result of an investment in the Ethical Global Equity Index Fund. FTSE makes no claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Ethical Global Equity Index Fund or as to the fitness or suitability of the Index for the particular purpose to which it is being put by Legal & General Investment Management Limited.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source: London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2019. FTSE Russell is a trading name of certain of the LSE Group companies. e.g., “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®, The Yield Book®,” are a trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX®” is a trade mark of TSX, Inc. and used by the LSE Group under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is intended for the trustees, sponsors, advisers and members of occupational pension schemes using Prudential group pension contracts and Prudential grouped personal pensions and Stakeholder pension contracts. Its purpose is to provide an insight into how investment markets and funds have performed over the period and is provided for information only. If you are not familiar with any of the investment terminology included, then please contact an adviser. Investors should refer to their scheme documentation (e.g. Fund Guide) for fund availability, investment strategy, any scheme information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Prudential is a trading name of Prudential Pensions Limited. Prudential Pensions Limited is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 992726. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.