Morningstar Fund Report  | 25/12/2024Print

Legal & General European Equity Income Fund L Class Accumulation

Performance History30/11/2024
Growth of 1,000 (GBP) Advanced Graph
Legal & General European Equity Income Fund L Class Accumulation
Fund7.215.61.013.52.5
+/-Cat-2.20.29.70.01.1
+/-B’mrk-0.7-1.68.4-1.5-0.5
 
Key Stats
NAV
24/12/2024
 GBX 72.42
Day Change 0.15%
Morningstar Category™ Europe ex-UK Equity
IA (formerly IMA) Sector Europe Excluding UK
ISIN GB00BF18CB28
Fund Size (Mil)
30/11/2024
 GBP 221.92
Share Class Size (Mil)
24/12/2024
 GBP 22.46
Max Initial Charge -
Ongoing Charge
31/08/2024
  0.05%
Investment Objective: Legal & General European Equity Income Fund L Class Accumulation
The objective of the Fund is to provide income in excess of the income generated by the FTSE World Europe ex-UK TR Net Index, the “Benchmark Index”, measured before the deduction of any charges and over rolling five year periods, whilst aiming for capital growth over the long term (at least five years). The Fund is actively managed and will invest at least 85% in the shares of European companies, excluding the UK. These are companies that are incorporated, listed, headquartered or which have their principal business activities in Europe.
Returns
Trailing Returns (GBP)24/12/2024
YTD1.03
3 Years Annualised5.10
5 Years Annualised7.24
10 Years Annualised-
12 Month Yield 3.66
Management
Manager Name
Start Date
David Jackson
17/04/2023
Stuart Briscoe
17/04/2023
Inception Date
19/12/2017

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE World Europe ex UK NR EURMorningstar DM Eur xUK TME NR EUR
Portfolio Profile for  Legal & General European Equity Income Fund L Class Accumulation31/10/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.840.0098.84
Bond0.000.000.00
Property0.000.000.00
Cash1.160.001.16
Other0.000.000.00
Top 5 Regions%
Eurozone69.97
Europe - ex Euro28.18
United States1.85
Canada0.00
Latin America0.00
Top 5 Sectors%
Industrials21.43
Financial Services18.91
Healthcare15.15
Consumer Defensive11.56
Communication Services8.62
Top 5 HoldingsSector%
SAP SETechnologyTechnology5.65
Siemens AGIndustrialsIndustrials4.37
Novo Nordisk AS Class BHealthcareHealthcare3.79
AXA SAFinancial ServicesFinancial Services3.34
Sanofi SAHealthcareHealthcare3.28
Legal & General European Equity Income Fund L Class Accumulation
Growth Of 1000 (GBP) 30/11/2024
Fund:  Legal & General European Equity Income Fund L Class Accumulation
Category:  Europe ex-UK Equity
Category Index:  Morningstar DM Eur xUK TME NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)30/11/2024
 20182019202020212022202330/11
Price Return-12.0315.727.1715.580.9813.492.47
+/- Category-0.28-3.54-2.200.169.72-0.031.13
+/- Category Index---0.74-1.658.45-1.50-0.50
% Rank in Category56816358116240
Trailing Returns (GBP)24/12/2024
   Total Returns   +/- Category   +/- Category Index
1 Day0.15   0.000.28
1 Week-1.59   0.090.44
1 Month-1.51   -1.24-0.40
3 Months-3.36   0.330.73
6 Months-2.45   3.183.40
YTD1.03   0.78-0.42
1 Year2.12   0.900.33
3 Years Annualised5.10   3.412.34
5 Years Annualised7.24   1.671.22
10 Years Annualised-   --
 
Quarterly Returns (GBP)30/11/2024
 Quarter 1Quarter 2Quarter 3Quarter 4
20243.57-0.382.10-
20236.68-2.403.475.35
2022-1.42-6.11-5.3415.26
20216.154.462.771.43
2020-25.3321.672.4615.12
20195.507.10-0.492.91
 
 
 
Morningstar Rating™(Relative to Category)30/11/2024
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAverage4 star
5-YearAbove AverageAbove Average3 star
10-Year--Not Rated
OverallAbove AverageAbove Average3 star
 
Click here to see our Methodology
Volatility Measurements30/11/2024
 
3-Yr Std Dev12.79 %
3-Yr Mean Return7.75 %
 
3-Yr Sharpe Ratio0.31
 
Modern Portfolio Statistics30/11/202430/11/2024
 Standard IndexBest Fit Index
 Morningstar DM Eur xUK TME NR EUR  Morningstar Dev Europe Val TME NR EUR
3-Yr Beta0.901.03
3-Yr Alpha2.76-1.67
 
Investment Style Details31/10/2024
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 26350-
Market Capitalisation% of Equity
Giant34.47
Large35.99
Medium23.76
Small5.77
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings10.700.75
Price/Book1.270.59
Price/Sales0.810.53
Price/Cash Flow7.140.67
Dividend-Yield Factor4.301.24
 
Long-Term Projected Earnings Growth13.461.22
Historical Earnings Growth-0.25-0.02
Sales Growth6.230.75
Cash-Flow Growth3.410.79
Book-Value Growth6.421.42
 
Asset Allocation31/10/2024
Asset Allocation
 % Long% Short% Net Assets
Stock98.840.0098.84
Bond0.000.000.00
Property0.000.000.00
Cash1.160.001.16
Other0.000.000.00
World Regions31/10/2024
 % of EquityRelative to Category
United States1.850.96
Canada0.000.00
Latin America0.00-
United Kingdom0.000.00
Eurozone69.971.06
Europe - ex Euro28.180.93
Europe - Emerging0.000.00
Africa0.00-
Middle East0.00-
Japan0.00-
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.00-
 
Sector Weightings31/10/2024
 % of EquityRelative to Category
Basic MaterialsBasic Materials4.870.69
Consumer CyclicalConsumer Cyclical5.620.60
Financial ServicesFinancial Services18.911.04
Consumer DefensiveConsumer Defensive11.561.72
HealthcareHealthcare15.150.97
UtilitiesUtilities1.160.44
Communication ServicesCommunication Services8.622.20
EnergyEnergy5.342.02
IndustrialsIndustrials21.431.02
TechnologyTechnology7.350.61
 
Top 10 Holdings31/10/2024
 Portfolio NEW
Total Number of Equity Holdings58
Total Number of Bond Holdings0
Assets in Top 10 Holdings35.15
NameSectorCountry% of Assets
SAP SE311Germany5.65
Siemens AG310Germany4.37
Novo Nordisk AS Class B206Denmark3.79
AXA SA103France3.34
Sanofi SA206France3.28
Nestle SA205Switzerland3.14
Roche Holding AG206Switzerland3.03
Publicis Groupe SA308France3.00
Deutsche Telekom AG308Germany2.96
Compagnie de Saint-Gobain SA310France2.60
 
 
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 Date19/12/2017
Fund Advisor(s)
Legal & General Investment Management Ltd.
Fund ManagerDavid Jackson
Manager Start Date17/04/2023
Fund ManagerStuart Briscoe
Manager Start Date17/04/2023
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.05%
Ongoing Charge0.05%
Purchase Details
Minimum Investments
Initial100000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes