Current reports from selected fund managers can be viewed and downloaded. In the case of income units, all income is paid in cash. This can be withdrawn, reinvested or simply held in your account. In the case of accumulation units, any income will remain in the Fund; The number of shares remains the same, but the price of each unit increases by the amount of income generated within the fund. In general, accumulation units offer a slightly more efficient way to reinvest income, although many investors choose to hold income units and reinvest the income to purchase additional shares. The objective of this fund is to achieve growth by tracking the performance of the FTSE All-Share Index. The fund will invest almost entirely in shares of the company. The fund`s investments will closely match those of the index. The index consists of a broad diversification of shares of British companies. The Fund may use derivatives to reduce risk or costs or to generate additional capital or income without risk or at an acceptable low risk. We`ve compiled a list of frequently asked questions about how our fees and charges work for your investments.
We may take the operating costs of any income generated by the fund or the fund`s capital (its assets). For some funds, we could draw these burdens from a combination of income and capital. The FCO of a fund is specified in the key investor information document and refers to the costs of managing the fund. We subtract the FDO from the fund and the daily fund price reflects this deduction. Find out how fees can affect your investments. In this update, Alex Watkins, Passive Investment Analyst, shares our analysis of the management, processes, culture, costs and performance of the Legal & General US Index fund. Tax regulations are subject to change and benefits depend on individual circumstances. Keep in mind that loyalty rewards are tax-exempt for balances held in Vantage ISA or Vantage SIPP. If we take expenses on income, if there is not enough revenue to cover operating costs, we take the rest of those costs from the capital of the fund. Capital charges reduce the fund`s growth potential.
All funds are subject to fees and expenses. These are the costs of managing the fund, including its marketing and distribution. Learn all about our fund prices, performance charts, interest rates, guides and manager reports. All fund managers within the European Economic Area must provide information on current fees for their funds to facilitate the comparison of the costs of different schemes. The Ongoing Fee Number (OCF) is the amount you pay over a year as long as you hold your investment. The Key Investor Information Document contains the outstanding fees in a single figure. See the “Fees and Charges for Our Funds” section for separate figures for FMF and other expenses. The prospectus tells you where we get these costs from – you can download a copy of the prospectus from our prospectus page. The OEM includes our Fund Management Fees (FMF) and, for most funds, the OEM is the same as the FMF. HMRC believes that from April 2013, discounts on annual fees (e.g. loyalty bonuses) paid on funds in nominee accounts such as our Fund & Share account should be subject to income tax.
Loyalty bonuses paid on ISA and SIPP funds are not affected and remain tax-exempt. However, if a fund invests in other funds that are not managed by Legal & General, the FMF is higher than the FMF because it includes both our FMF and the fees and expenses of other funds. We do not currently charge any upfront fees for any of our funds Each fund`s prospectus provides details of all brokerage fees, expenses and commissions. You can contact us for a free copy. The prospectus is only available in English. Yes, there are other costs, and we take those of the fund`s capital: Legal & General US Index is our favorite US tracker fund. The U.S. is the largest stock market in the world, so it makes sense for a diversified equity portfolio to have some exposure. This is an industry where few active fund managers consistently outperform the entire U.S. stock market. The index management team consists of 25 fund managers assisted by two analysts. Management supervision is the responsibility of the Global Head of Index Funds.
The team has an average industry experience of 15 years, including seven ears at LGIM, and is focused on achieving the equally important goals of accurate tracking and maximizing returns. Existing clients can change the funds they are invested in in MyAccount. The wealth management shortlist includes funds that our analysts believe have the potential to outperform their peers over the long term. If a fund is not pre-selected, it is not a sell recommendation; However, if you`re thinking about increasing your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Management Short List » Please note that due to the transfer of our personal investment activities to Fidelity, we have limited some of our services to clients: If you already manage your investments through My Account, you can continue to do so by logging in as usual. Alternatively, please contact us on 0370 998 0010 from the UK or +44 (0) 2920 276 998 for international calls*. This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently verify the data before making any investment decision. All returns are variable and not guaranteed. The information is as of August 31, 2022.
Privacy Policy – All information should be used for informational purposes only. You need to review the data independently before making any investment decisions. HL cannot guarantee that the data is accurate or complete and assumes no responsibility for its use. Morningstar pricing as of November 2, 2022. Broadridge data as of September 30, 2022. Keep in mind that past performance is not an indicator of future returns. If no data are presented, no figures are available. This information is provided to help you choose your own investments, keep in mind that they can both go down and up in value, so you can`t get back the original amount invested. 4 If you choose to receive earnings from a Vantage ISA or Vantage Fund & Share account, we collect all dividends for you and then pay them directly into your bank account within the first 10 business days of the following month. In this case, the current saving is 0.00%, of which 0.00% is paid by the loyalty bonus. The tax that may be due on this loyalty bonus, and therefore the value of this savings for you, is listed below. Detailed and up-to-date information on our investment prices We believe that all loyalty bonuses are exempt from tax and challenge HMRC`s interpretation.
However, as we rise to this challenge, we pay loyalty bonuses in the Vantage Fund & Share account minus an amount equal to base tax. If we succeed in our challenge, we will give that money back to the customers. If we fail, we will use the money to pay all amounts owed to HMRC. If loyalty bonuses are taxable, the value of our current savings may be reduced for you, depending on the tax rate you pay. The following table gives an indication of how this may affect you. If you are an existing client with an ISA, junior ISA and/or investment account (also known as a mutual fund) and your investment remains with us at that time, your terms and conditions changed on April 6, 2022. We no longer accept new payments in existing ISA or Junior ISA investments. However, investment account holders can still fund their investments. If you are affected by this change, we have written you all the details. A copy of the updated terms and conditions can be found here.
In addition, loyalty bonuses received by foreign investors, businesses, and charities do not have to be paid with the tax deduction. So, if you are a foreign investor or represent a business or charity, please let us know if you want your loyalty bonuses to be paid without any deduction of an amount equal to property tax. If you`re buying through a platform, you may also have to pay a platform fee – ask your financial advisor for more details. On 24 and 31 December, prices at 3pm will be calculated at noon in line with the early close of the London Stock Exchange and published as soon as they are available. The transfer of management of our personal investment activities to Fidelity is complete. Keep in mind that the value of your investment and any income derived from it may decrease or increase and are not guaranteed.