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Rank:
14 of 29
UK Physical
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Objective
The objective of the Fund is to achieve a combination of income and capital growth by carrying on Property Investment Business and managing cash raised from investors for investment in the Property Investment Business. The Fund will be a PAIF at all times. The Fund will invest at least 60% of its assets in property and property-related assets. Although the Fund’s investment in property and property-related assets is typically expected to be in the region of 80% - 90% of the Fund’s assets, this may vary as a result of factors such as market conditions.
Managed by:
Michael Barrie
Michael Barrie attended Sheffield Hallam University where he gained a degree in urban land economics. He also holds a post-graduate diploma in property investment from Reading University. Michael is a director of the Legal & General Property Division and manages the L&G UK Property fund. He joined L&G in 2005 and prior to this he was the director F&C Property Asset Management. Previously he has worked in property fund management with Sun Alliance, Royal Sun Alliance, ISIS following the merger with Friends Provident and latterly with F&C PAM since the acquisition of ISIS by F&C in 2004. Michael is a member of the Royal Institute of Chartered Surveyors (MRICS).
Matt Jarvis
Matt Jarvis, MRICS is a senior fund manager at Legal & General Investment Management based in London. He joined the firm in 2004 and prior to this, he was a surveyor at Jones Lang LaSalle. Matt graduated from Reading University with a degree in land management and outside of work he lists rugby among his interests.
Performance
UK Physical
28/02/2023 - 29/02/2024
| Rank | Fund Name | Currency | Return |
|---|---|---|---|
| 12 | Threadneedle Property Unit Trust | GBP | -0.4% |
| 13 |
| GBP | -0.8% |
| 14 |
| GBP | -0.8% |
| 15 | CT UK Prpty Authrsd Trust Ins Inc GBP | GBP | -1% |
| 16 | Aviva Investors UK Property 1 GBP Acc | GBP | -1.2% |
View full league table
| Rank | Fund Name | Currency | Risk |
|---|---|---|---|
| 10 | Aviva Inv UK Prpty Fdr Acc 1 GBP Acc | GBP | 1.6% |
| 11 | Royal London Property Trust A Acc | GBP | 1.7% |
| 12 |
| GBP | 1.7% |
| 12 |
| GBP | 1.7% |
| 14 | ARC TIME Social Long Income A Gross Acc | GBP | 1.8% |
| 14 | ARC TIME Social Long Inc Fdr Tr I NetAcc | GBP | 1.8% |
View full league table
| Rank | Fund Name | Currency | Loss |
|---|---|---|---|
| 17 | TM Home Investor G Instl Net Inc | GBP | -2.5% |
| 18 |
| GBP | -2.5% |
| 19 |
| GBP | -2.6% |
| 20 | Threadneedle Property Unit Trust | GBP | -3.5% |
| 21 | abrdn UK Real Estate Institutional Inc | GBP | -4.4% |
View full league table
Total Returns
Month by month Performance
Quarterly Performance
| to 01/01/2024 | Annual | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|---|
| 2023 | 0.3% | -0.1% | 1.6% | -0.6% | -0.6% |
| 2022 | -10.9% | 4.4% | 2.9% | -3.7% | -13.9% |
| 2021 | 18.3% | 3.2% | 2.8% | 4.4% | 6.9% |
| 2020 | -1% | -1.4% | -1.4% | -0.3% | 2.1% |
| 2019 | 3.2% | 1.3% | 0.4% | 0.8% | 0.6% |
| 2018 | 4.7% | 1% | 2.4% | 1.2% | -0% |
| 2017 | 8.8% | 1.3% | 2% | 2.1% | 3.3% |
| 2016 | 1.9% | 0.8% | -3.1% | 1% | 3.3% |
| 2015 | 10.8% | 3% | 1.4% | 3% | 3% |
| 2014 | 14% | 2.4% | 3.2% | 3.6% | 4.1% |
| 2013 | 8.4% | 0.2% | 2.3% | 1.8% | 3.9% |
| 2012 | 2.6% | 1.5% | 0.2% | 0.3% | 0.6% |
| 2011 | 3.7% | 2.1% | 2.1% | -1.8% | 1.3% |
| 2010 | 10.9% | 4.2% | 1.6% | 1.9% | 2.7% |
| 2009 | 6.3% | -5.3% | 0.1% | 5.3% | 6.6% |
| 2008 | -17.3% | -4.7% | -2.3% | -2.8% | -8.5% |
| 2007 | -2.6% | 1.8% | 1.6% | -0.8% | -5.1% |
| 2006 | 4.4% | 4.2% | 3.1% |
Returns Vs Risk
Asset Allocation
Breakdown
29/02/2024
Top 10 Holdings
| Stock | Size |
|---|---|
| L&G FREEHOLD PROPERTY | 76.12% |
| Segro PLC | 1.02% |
| UNITE Group PLC | 0.48% |
| Land Securities Group PLC | 0.42% |
| LondonMetric Property PLC | 0.37% |
| Grainger PLC | 0.28% |
| British Land Co PLC | 0.24% |
| Tritax Big Box Ord | 0.23% |
| Derwent London PLC | 0.21% |
| Hammerson PLC | 0.2% |
29/02/2024
Registered For Sale In
- United Kingdom
| Fund Info | |
|---|---|
| Launch date | 23rd May 2014 |
| ISIN | GB00BK35DV33 |
| Base Currency | GBP |
| Investments and Charges | |
|---|---|
| Minimum Initial Investment | 1m GBP |
| Minimum Regular Additional Investment | 20,000 GBP |
| Annual Management Charge | 0% |
| Fund Size | |
|---|---|
| B Inc Share Class | 131.149m GBP |
Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).
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