L&G Short Dated Stlg Corp Bd Idx I Dist (FUND:BKGR3G1) - Overview

Fund Report

Legal & General Short Dated Sterling Corporate Bond Index Fund I Dist

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date14/05/2014
NAV 26/10/2016GBX 50.97
Day Change-0.06%
12 Month Yield2.67%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/08/2016279.17 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time10:30:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.14%
Fund Rebate-

Morningstar Rating™

Not Rated


Fund Benchmark

Markit iBoxx Sterling Corp 1-5 TR

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 30/09/2016

How has this security performed
  • Fund: Legal & General Short Dated Sterling Corporate Bond Index Fund I Dist
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 26/10/2016
3 Years Annualised---
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The objective of this fund is to provide income and capital growth (if the income is reinvested) by tracking the total return of the Markit iBoxx Sterling Corporates 1-5 Index. The fund will invest between 70% and 100% in bonds (a type of loan which pays interest) included in the Index. The fund’s investments will closely match those that make up the Index. The Index consists of bonds which are issued in Sterling by UK or overseas companies. The bonds will have between 1 and 5 years until they mature, and the company pays back the loan. The bonds that the fund invests in will be between 70% and 100% investment grade (rated as lower risk). Investment grade bonds are bonds that have achieved a higher credit rating from a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time.

Portfolio Profile31/08/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond94.39
Cash & Equivalents3.30
Commercial Mortgage Backed0.55
Top Holdings
IncreaseDecreaseNew since last portfolio
Barclays Bk 10% 2021-05-21United Kingdom2.85
E.On Intl 6% 2019-10-30Netherlands1.08
Ing Bk Nv 2023-05-29Netherlands0.99
Hsbc Hldgs 6.375% 2022-10-18United Kingdom0.99
Ubs Ag London 6.625% 2018-04-11Switzerland0.98
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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