LGIM expands multi-index range with income trio

Justin Onuekwusi to run the funds

Laura Dew
clock

Legal & General Investment Management(LGIM) is launching a range of three multi-index income funds to meet growing demand for these kinds of vehicles.

The funds will be rated at risk level 4,5,6 versus 3-7 in the £600m wider range which was launched two years ago. They will offer exposure to equities, bonds and direct property with a bias towards income-producing assets.  Its lowest risk profile fund, Multi-Index Income 4 fund, will look to produce a greater proportion of its income from sources such as fixed income, whereas the higher risk profile funds, Multi-Index Income 5 and 6 funds, will generate a greater proportion of their returns from equities. The funds will gain exposure to markets primarily via L&G's index-tracking f...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read
IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read