NAV
Objective
The Legal & General Global Developed Equity Index Fund (the “Fund”) seeks to provide investment results that, before fees and expenses, track the performance of the MSCI World Index.
Approach
In seeking its investment objective, the Fund typically employs a passive "full replication" strategy which attempts to replicate, before fees and expenses, the performance of the Index by investing all, or substantially all, of its assets in the companies that make up the Index, holding each company in approximately the same proportion as its weighting in the Index. LGIM America’s approach to managing index portfolios strives to minimize tracking error and reduce total cost. Leveraging our experienced investment professionals, LGIMA offers cost-efficient, transparent and scalable index-tracking solutions.
Share class details
| Share class | Symbol | CUSIP | Gross expenses | Net expenses | Min. investment | Inception |
|---|---|---|---|---|---|---|
| Institutional Class | LDEIX | 00774Q296 | 1.82% | 0.09% | $1,000,000 | 12/23/21 |
The adviser has contractually agreed to waive fees and expenses until February 28, 2024.
Monthly performance (as of TBD)
| Share class | 1 mon | 3 mon | YTD | 1 yr | 3 yr | 5 yr | Since Inception |
|---|---|---|---|---|---|---|---|
| Institutional Class | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Quarterly performance (as of TBD)
| Share class | 1 yr | 3 yr | 5 yr | 10 yr | Since Inception |
|---|---|---|---|---|---|
| Institutional Class | N/A | N/A | N/A | N/A | N/A |
Annualized performance shown for periods greater than one year. Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth less than their original cost and current performance may be higher or lower that the performance quoted. For performance current to the most recent month end, please call 1-833-44-LGIMA.
Top holdings (as of TBD)
Holdings are subject to change.
Consider the funds’ investment objective, risk, and charges and expenses. This and other information can be found in the funds’ prospectus, and if available, the summary prospectus, which may be obtained by calling 1-833-44-LGIMA. Please read the prospectus, and if available the summary prospectus, carefully before investing.
There are risks involved in investing, including loss of principal. Asset allocation may not protect against market risk. Investment in the fund(s) is subject to the risks of the underlying funds. Equity: The risk that stock prices will fall over short or extended periods of time, sometimes rapidly and unpredictably. Derivatives: The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. International: In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Active ETF: The Fund may trade securities actively, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate.
Indices are unmanaged and do not include the effect of fees. One cannot invest in an index. The MSCI World Index captures large and mid cap representation across 23 Developed Markets countries. With approximately 1,600 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country.
The funds are distributed by SEI Investment Distribution Company (SIDCO). SIDCO is not affiliated with LGIMA.