Legal & General Global Equity Index Fund I Class Accumulation

A Select 50 Fund - Fidelity insight

Category Global Large-Cap Blend Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

509.20p

arrow-up0.90p (+0.18%)

Fund Code

LGIXA

B83LW32

GB00B83LW328

Prices updated as at 20 Nov 2024

Prices in GBX

Investment objective

The objective of the Fund is to track the performance of the FTSE World Index (the “Benchmark Index”) on a net total return basis before fees and expenses are applied. Therefore, the Fund’s performance may differ from the Benchmark Index due to the deduction of fees and expenses and the impact of any tracking error factors. The Benchmark is comprised of shares in large and middle capitalisation companies across all geographical areas. The Fund is a Replicating Fund as it seeks to replicate as closely as possible the constituents of the Benchmark Index by holding all, or substantially all, of the assets comprising the Benchmark Index in similar proportions to their weightings in the Benchmark Index. The Fund will have at least 90% exposure to assets that are included in the Benchmark Index.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Our view

Why we like the fund: This is an index-tracking fund that invests in companies that are listed globally. The index comprises large and medium-sized companies in both developed and emerging markets. L&G has a strong index-tracking capability, and this fund is well priced. How to use the fund: For investors seeking to invest globally, who have a long-term horizon and are cost conscious, this fund represents a sensible choice on the riskier side of a portfolio.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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