Morningstar Fund Report  | 05/04/2025Print

Legal & General Short Dated Sterling Corporate Bond Index Fund I Class Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Legal & General Short Dated Sterling Corporate Bond Index Fund I Class Accumulation
Fund-0.9-7.78.04.81.3
+/-Cat-0.6-1.30.40.1-0.1
+/-B’mrk0.0-0.41.10.7-0.1
 
Category: GBP Corporate Bond - Short Term
Category Benchmark: Markit iBoxx GBP NonGilts 1...
Key Stats
NAV
04/04/2025		 GBX 63.26
Day Change 0.22%
Morningstar Category™ GBP Corporate Bond - Short Term
IA (formerly IMA) Sector £ Corporate Bond
ISIN GB00BKGR3H21
Fund Size (Mil)
31/03/2025		 GBP 2878.50
Share Class Size (Mil)
03/04/2025		 GBP 1054.93
Max Initial Charge -
Ongoing Charge
21/03/2025		  0.14%
Investment Objective: Legal & General Short Dated Sterling Corporate Bond Index Fund I Class Accumulation
The objective of the Fund is to track the performance of the Markit iBoxx GBP Corporates 1-5 Index (the “Benchmark Index”) 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 Index is comprised of investment grade corporate bonds that are short dated (i.e. up to 5 years in maturity) and denominated in British Pounds. 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.
Returns
Trailing Returns (GBP)04/04/2025
YTD1.66
3 Years Annualised3.04
5 Years Annualised2.44
10 Years Annualised2.04
12 Month Yield 3.91
Management
Manager Name
Start Date
Not Disclosed
14/05/2014
Inception Date
14/05/2014

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Markit iBoxx GBP Corp 1-5 TRMarkit iBoxx GBP NonGilts 1-5 TR
Portfolio Profile for  Legal & General Short Dated Sterling Corporate Bond Index Fund I Class Accumulation28/02/2025
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond96.700.0096.70
Property0.000.000.00
Cash1.720.001.72
Other1.590.001.59
Growth Of 1000 (GBP) 31/03/2025
Fund:  Legal & General Short Dated Sterling Corporate Bond Index Fund I Class Accumulation
Category:  GBP Corporate Bond - Short Term
Category Index:  Markit iBoxx GBP NonGilts 1-5 TR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-0.274.913.85-0.95-7.678.004.801.30
+/- Category0.160.730.80-0.57-1.250.380.13-0.12
+/- Category Index-0.241.110.730.03-0.411.120.69-0.09
% Rank in Category3818117484404371
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.22   0.04-0.07
1 Week0.49   0.07-0.06
1 Month0.35   0.04-0.11
3 Months1.61   0.01-0.11
6 Months2.43   0.100.25
YTD1.66   0.01-0.09
1 Year5.61   0.030.12
3 Years Annualised3.04   -0.130.42
5 Years Annualised2.44   -0.140.69
10 Years Annualised2.04   -0.170.35
 
Category: GBP Corporate Bond - Short Term
Category Index: Markit iBoxx GBP NonGilts 1-5 TR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.30---
20240.810.802.340.78
20231.60-2.153.754.71
2022-2.85-3.27-6.154.68
2021-0.550.75-0.40-0.75
2020-3.394.331.301.71
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAbove Average2 star
5-YearAverageAbove Average3 star
10-YearAverageAbove Average3 star
OverallAverageAbove Average3 star
 
Category :  GBP Corporate Bond - Short TermClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev5.36 %
3-Yr Mean Return3.05 %
 
3-Yr Sharpe Ratio-0.19
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Markit iBoxx GBP NonGilts 1-5 TR  Markit iBoxx GBP NonGilts 1-5 TR
3-Yr Beta1.091.09
3-Yr Alpha0.570.57
 
Fixed Income Style31/01/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 2846
Maturity Distribution %
1 to 341.29
3 to 541.71
5 to 78.73
7 to 105.40
10 to 150.21
15 to 200.00
20 to 302.45
Over 300.20
Effective Maturity-
Effective Duration-
Credit Quality Breakdown %     %
AAA1.59   BB0.00
AA6.45   B0.00
A45.68   Below B0.00
BBB46.28   Not Rated0.00
 
Category: GBP Corporate Bond - Short Term
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond96.700.0096.70
Property0.000.000.00
Cash1.720.001.72
Other1.590.001.59
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings396
Assets in Top 10 Holdings7.29
NameSectorCountry% of Assets
Lgim Liquidity Funds Plc-0.83
HSBC Holdings PLC 8.201%United Kingdom0.81
Barclays PLC 3.25%United Kingdom0.80
BP Capital Markets PLC 4.25%United Kingdom0.74
HSBC Holdings PLC 3%United Kingdom0.73
Morgan Stanley 2.625%United States0.73
Bank of America, N.A. 7%United States0.69
Cooperatieve Rabobank U.A. 4.625%Netherlands0.69
Barclays PLC 8.407%United Kingdom0.64
Nationwide Building Society 6.178%United Kingdom0.63
 
Increase Decrease New since last portfolio
Category: GBP Corporate Bond - Short Term
 
Management
Name of CompanyLegal & General (Unit Trust Managers) Ltd
Phone-
Website -
AddressBrunel House
 Cardiff   CF24 0EB
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date14/05/2014
Fund Advisor(s)
Legal & General Investment Management Ltd.
Fund ManagerNot Disclosed
Manager Start Date14/05/2014
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.14%
Ongoing Charge0.14%
Purchase Details
Minimum Investments
Initial1000000  GBP
Additional20000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes