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

31/12/18
to
31/12/19
31/12/19
to
31/12/20
31/12/20
to
31/12/21
31/12/21
to
31/12/22
31/12/22
to
31/12/23
Fund 20.3% -9.7% 16.4% 0.9% 7.3%
Benchmark 19.6% -11.3% 17.4% 0.9% 8.3%

Performance - to latest available quarter end

Quarter Annualised
4
2023
3 Years to
31/12/23
5 Years to
31/12/23
10 Years to
31/12/23
Fund 4.0% 8.0% 6.5% n/a
Benchmark 2.9% 8.7% 6.4% 5.4%

Top 10 Holdings

Stock % Weight
ASTRAZENECA 8.58
SHELL 7.53
HSBC HOLDINGS 7.17
UNILEVER 5.93
DIAGEO 4.18
GSK 3.54
RIO TINTO 3.47
SHELL 3.41
RELX 3.31
RECKITT BENCKISER GROUP 2.39
Total 49.52

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 19 years and 10 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 (26/03/2024) 282.02
Fund size (29/02/2024) £6.97m
Underlying Fund size £214.40m
Number of holdings 207
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 96.08%
  International Equities 2.48%
  Property 1.33%
  Cash and Equivalents 0.06%
  Other Assets 0.06%

Commentary

Performance as at Q4 2023 - Global equities rallied strongly over the fourth quarter, ultimately boosted by expectations that major central banks could soon cut interest rates as well as the impression that the US economy may avoid recession. October was a challenging month; global equities continued to fall, bogged down by geopolitical fears about war in the Middle East and uncertainty over whether interest rates had peaked. In the final two months of the year, however, markets staged a blistering rally, buoyed by the prospect that the US Federal Reserve (Fed) had concluded its rate rises and was likely to cut rates in 2024. In December, the Fed signalled that it was prepared to cut rates, potentially even before inflation is brought fully to target, which should boost economic growth and reduces the chance of a US recession. This justified the significant fall in bond yields over the previous weeks and provided a boost to risk appetite more generally. The Fed’s optimistic outlook for a ‘soft landing’ for the economy was backed up by US economic data suggesting that inflation was steadily falling while economic activity remained robust. US inflation fell to 3.1% for November while the US composite purchasing managers’ index (PMI) rose to 51.0 in December, marking the third straight month of growth. The US economy added 199,000 jobs in November, which exceeded market expectations but nevertheless revealed a slowdown in the labour market. European equities outperformed global equities. Eurozone inflation fell to 2.4% in November (driven by falling energy costs), close to the European Central Bank’s (ECB’s) 2% inflation target. Economic weakness, however, persisted, with the HCOB composite PMI remaining in contractionary territory. The combination of falling inflation and recessionary fears raised expectations that the ECB could cut rates in 2024. UK equities underperformed, despite inflation falling to 3.9% in November, amid downbeat news on economic growth and comments from Bank of England Governor Andrew Bailey that it was “too early to be thinking about rate cuts”. Emerging markets also underperformed, weighed down by China, where policy meetings offered pro-growth signals but lacked specific plans to achieve this. Credit data showed lacklustre private-sector activity, and ratings agency Moody’s warned that China’s A1 credit rating may be downgraded.

Source: Legal & General Investment Management

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 2023. 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 96.08%
  International Equities 2.48%
  Property 1.33%
  Cash and Equivalents 0.06%
  Other Assets 0.06%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 21.28% - - -
 
Banks - 11.98% - -
 
Banks - - 11.98% -
 
Banks - - - 11.98%
 
Financial Services - 5.58% - -
 
Investment Banking & Brokerage Services - - 3.14% -
 
Asset Managers & Custodians - - - 2.84%
 
Investment Services - - - 0.30%
 
Finance & Credit Services - - 2.44% -
 
Financial Data & Systems - - - 2.27%
 
Consumer Lending - - - 0.10%
 
Mortgage Finance - - - 0.07%
 
Insurance - 3.72% - -
 
Life Insurance - - 3.13% -
 
Life Insurance - - - 3.13%
 
Non-life Insurance - - 0.59% -
 
Property & Casualty Insurance - - - 0.41%
 
Full Line Insurance - - - 0.19%
 
Consumer Staples 15.45% - - -
 
Personal Care, Drug & Grocery Stores - 10.07% - -
 
Personal Care, Drug & Grocery Stores - - 10.07% -
 
Personal Products - - - 5.93%
 
Nondurable Household Products - - - 2.39%
 
Food Retailers & Wholesalers - - - 1.75%
 
Food, Beverage & Tobacco - 5.38% - -
 
Beverages - - 4.59% -
 
Distillers & Vintners - - - 4.18%
 
Soft Drinks - - - 0.41%
 
Food Producers - - 0.79% -
 
Food Products - - - 0.79%
 
Health Care 14.77% - - -
 
Health Care - 14.77% - -
 
Pharmaceuticals & Biotechnology - - 14.05% -
 
Pharmaceuticals - - - 14.02%
 
Biotechnology - - - 0.02%
 
Medical Equipment & Services - - 0.69% -
 
Medical Equipment - - - 0.49%
 
Medical Supplies - - - 0.20%
 
Health Care Providers - - 0.04% -
 
Health Care Facilities - - - 0.04%
 
Consumer Discretionary 13.78% - - -
 
Media - 5.05% - -
 
Media - - 5.05% -
 
Publishing - - - 3.75%
 
Media Agencies - - - 1.15%
 
Radio & TV Broadcasters - - - 0.14%
 
Travel & Leisure - 3.62% - -
 
Travel & Leisure - - 3.62% -
 
Casinos & Gambling - - - 1.82%
 
Hotels & Motels - - - 1.01%
 
Airlines - - - 0.46%
 
Travel & Tourism - - - 0.24%
 
Restaurants & Bars - - - 0.07%
 
Recreational Services - - - 0.01%
 
Consumer Products & Services - 3.50% - -
 
Consumer Services - - 2.20% -
 
Vending & Catering Service - - - 2.20%
 
Household Goods & Home Construction - - 0.83% -
 
Home Construction - - - 0.83%
 
Personal Goods - - 0.47% -
 
Clothing & Accessories - - - 0.40%
 
Luxury Items - - - 0.07%
 
Retail - 1.56% - -
 
Retailers - - 1.56% -
 
Diversified Retailers - - - 0.79%
 
Home Improvement Retailers - - - 0.34%
 
Specialty Retailers - - - 0.25%
 
Apparel Retailers - - - 0.19%
 
Automobiles & Parts - 0.04% - -
 
Automobiles & Parts - - 0.04% -
 
Automobiles - - - 0.04%
 
Energy 11.17% - - -
 
Energy - 11.17% - -
 
Non-Renewable Energy - - 11.17% -
 
Integrated Oil & Gas - - - 10.94%
 
Oil: Crude Producers - - - 0.22%
 
Oil Equipment & Services - - - 0.01%
 
Industrials 7.45% - - -
 
Industrial Goods & Services - 7.17% - -
 
Industrial Support Services - - 3.15% -
 
Professional Business Support Services - - - 2.49%
 
Industrial Suppliers - - - 0.30%
 
Business Training & Employment Agencies - - - 0.22%
 
Transaction Processing Services - - - 0.11%
 
Security Services - - - 0.02%
 
General Industrials - - 2.06% -
 
Containers & Packaging - - - 1.03%
 
Diversified Industrials - - - 1.03%
 
Electronic & Electrical Equipment - - 1.12% -
 
Electronic Equipment: Gauges & Meters - - - 0.49%
 
Electronic Equipment: Control & Filter - - - 0.38%
 
Electrical Components - - - 0.26%
 
Industrial Engineering - - 0.63% -
 
Machinery: Industrial - - - 0.36%
 
Machinery: Construction & Handling - - - 0.27%
 
Industrial Transportation - - 0.18% -
 
Delivery Services - - - 0.13%
 
Commercial Vehicle-Equipment Leasing - - - 0.05%
 
Aerospace & Defence - - 0.04% -
 
Aerospace - - - 0.04%
 
Construction & Materials - 0.27% - -
 
Construction & Materials - - 0.27% -
 
Construction - - - 0.19%
 
Building Materials: Other - - - 0.06%
 
Cement - - - 0.03%
 
Basic Materials 5.96% - - -
 
Basic Resources - 5.37% - -
 
Industrial Metals & Mining - - 5.30% -
 
General Mining - - - 5.01%
 
Copper - - - 0.28%
 
Iron & Steel - - - 0.01%
 
Precious Metals & Mining - - 0.07% -
 
Gold Mining - - - 0.05%
 
Platinum & Precious Metals - - - 0.02%
 
Chemicals - 0.58% - -
 
Chemicals - - 0.58% -
 
Chemicals: Diversified - - - 0.58%
 
Utilities 4.94% - - -
 
Utilities - 4.94% - -
 
Gas, Water & Multi-utilities - - 3.74% -
 
Multi-Utilities - - - 2.72%
 
Water - - - 1.02%
 
Electricity - - 1.18% -
 
Conventional Electricity - - - 1.18%
 
Waste & Disposal Services - - 0.02% -
 
Waste & Disposal Services - - - 0.02%
 
Real Estate 2.07% - - -
 
Real Estate - 2.07% - -
 
Real Estate Investment Trusts - - 1.65% -
 
Diversified REITs - - - 0.62%
 
Industrial REITs - - - 0.53%
 
Office REITs - - - 0.22%
 
Residential REITs - - - 0.17%
 
Storage REITs - - - 0.10%
 
Real Estate Investment & Services - - 0.42% -
 
Real Estate Services - - - 0.32%
 
Real Estate Holding and Development - - - 0.10%
 
Technology 1.51% - - -
 
Technology - 1.51% - -
 
Software & Computer Services - - 1.51% -
 
Software - - - 0.80%
 
Consumer Digital Services - - - 0.46%
 
Computer Services - - - 0.24%
 
Telecommunications 1.51% - - -
 
Telecommunications - 1.51% - -
 
Telecommunications Service Providers - - 1.47% -
 
Telecommunications Services - - - 1.47%
 
Telecommunications Equipment - - 0.04% -
 
Telecommunications Equipment - - - 0.04%
 
Non-Classified 0.06% - - -
 
Cash and Equivalents 0.06% - - -

Regional Allocation

pie chart
  UK 96.08%
  Developed Europe - Excl UK 2.40%
  Property 1.33%
  Middle East & Africa 0.07%
  Non-Classified 0.06%
  Cash and Equivalents 0.06%
  Developed Asia 0.01%

Fixed Interest Currencies

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

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 96.08% -
 
United Kingdom - 96.08%
 
Developed Europe - Excl UK 2.40% -
 
Ireland - 1.82%
 
Spain - 0.32%
 
Switzerland - 0.25%
 
Property 1.33% -
 
Middle East & Africa 0.07% -
 
Israel - 0.07%
 
Non-Classified 0.06% -
 
Cash and Equivalents 0.06% -
 
Developed Asia 0.01% -
 
Singapore - 0.01%

Breakdown By Market Cap (%)

Mega
 
 
54.58%
Large
 
 
20.27%
Medium
 
 
10.75%
Small
 
 
1.42%
Micro
 
 
0.09%
Non-Classified
 
 
12.84%
Cash
 
 
0.06%

Top 10 Holdings

Stock % Weight Sector Country
1 ASTRAZENECA 8.58% Pharmaceuticals & Biotechnology United Kingdom
2 SHELL 7.53% Non-Renewable Energy United Kingdom
3 HSBC HOLDINGS 7.17% Banks United Kingdom
4 UNILEVER 5.93% Personal Care, Drug & Grocery Stores United Kingdom
5 DIAGEO 4.18% Beverages United Kingdom
6 GSK 3.54% Pharmaceuticals & Biotechnology United Kingdom
7 RIO TINTO 3.47% Industrial Metals & Mining United Kingdom
8 SHELL 3.41% Non-Renewable Energy United Kingdom
9 RELX 3.31% Media United Kingdom
10 RECKITT BENCKISER GROUP 2.39% Personal Care, Drug & Grocery Stores United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 1.51% - - - - - - - 1.51%
Telecommunications 1.51% - - - - - - - 1.51%
Financials 21.21% 0.07% - - - - - - 21.28%
Real Estate 0.74% - - - - 1.33% - - 2.07%
Consumer Discretionary 12.08% 1.70% - - - - - - 13.78%
Consumer Staples 15.17% 0.28% - - - - - - 15.45%
Energy 11.17% - - - - - - - 11.17%
Utilities 4.94% - - - - - - - 4.94%
Health Care 14.77% - - - - - - - 14.77%
Industrials 7.01% 0.43% - - - - - - 7.45%
Basic Materials 5.96% - - - - - - - 5.96%
Cash and Equivalents - - - - - - - 0.06% 0.06%
Non-Classified - - - - - - 0.06% - 0.06%

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 2023. 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.

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

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.

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
Sector ABI 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 2023. 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 2023. 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.