Legal & General Property Feeder Fund I Class Distribution
Category Property - Direct UK
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
54.46p/54.01p
-0.22p (-0.41%)
Fund Code
LGPPI
BK35F39
GB00BK35F390
Prices updated as at 14 May 2025
Prices in GBX
Investment objective
The objective of the Fund is to achieve income and capital growth by investing solely in the Legal & General Property Fund (the “Master Fund”). While the Fund aims to be 100% invested in the Master Fund, it may hold cash where necessary to enable the making of payments to Unitholders or creditors.
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.
- Key stats
- Growth
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Company name
Legal & General (Unit Trust Managers) Ltd
Fund launch date
23 May 2014
Domicile
United Kingdom
UCITS
Yes
Fund manager
Michael Barrie
Manager start date
23 May 2014
Fund manager biography
Michael is a director of LGP with specific responsibility for the Balanced Property Funds portfolio, including the L&G LPI Income Property Fund and the L&G Managed Property Fund. Michael established the authorised L&G Property Unit Trust in February 2006, and has an ongoing responsibility for the L&G UK Property Trust, which was awarded the Money Observer Best UK Property Fund in April 2009 for its performance over three years and a AAA rating by Citywire in 2009.
Michael joined LGP in 2005 having previously been a director of F&C Property Asset Management and lead fund manager for the RSA Life Unitised Fund and RSA Pension Unitised Fund. Over the last three calendar years of Michael’s management of these funds they outperformed the IPD benchmark by 2.0% and 1.1% per annum respectively. The Life Unitised Fund received the IPF/IPD/EG award for best three-year rolling performance (Funds between £50m and £200m) in 2002. He also established and managed the ISIS Property Trust and the ISIS Property Trust 2 which were listed on the London Stock Exchange.
Michael holds a degree in land economics, a postgraduate diploma in property investment and is a member of the Royal Institution of Chartered Surveyors (MRICS) and the Association of British Insurers Property Group.
Fund manager
Matt Jarvis
Manager start date
23 May 2014
Fund manager biography
Head office
Brunel House
2 Fitzalan Road
Cardiff
United Kingdom
CF24 0EB
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