INVESTMENT OPTIONS. - Legal & General

8 Individual AND GROUP pensionS – Investment options
FUND INFORMATION.
The following pages provide:
• details of the pension plans the funds are available for,
• a brief introduction to each fund manager,
• the individual aim of each fund,
• the fund specific risks applicable to that fund,
• the underlying fund type and EFAMC where applicable, and
• the spread where applicable.
Please go to the Fund specific risk definitions section on page 31 of this guide if you haven’t done so already,
as you need to cross-reference the fund specific risk numbers.
FUNDS MANAGED BY LEGAL & GENERAL
The following funds are available to all pension plans:
Legal & General Group
The Legal & General Group, established in 1836, is one of the UK’s leading financial services companies.
As at 31 December 2010, we were responsible for investing £365 billion worldwide on behalf of investors,
policyholders and shareholders. We also had over seven million customers in the UK for our life assurance,
pensions, investments and general insurance plans.
LEGAL & GENERAL CASH FUND
Fund aim: To provide capital protection with growth at short-term interest rates. The fund invests in the
short-term money markets, such as bank deposits and Treasury Bills.
Notes
A. The fund does not invest in any asset types where the capital value can fall, such as fixed interest securities.
The value of the fund’s assets would only fall if a deposit holder or the UK Government were unable to meet
their obligations.
B. If the interest earned by the fund’s assets is insufficient to cover the product charges, the value of your
pension fund will fall.
Fund specific risks: 24 Spread: 0.03%
LEGAL & GENERAL CONSENSUS FUND
Fund aim: The fund combines the long-term growth potential offered through UK and overseas equities with
the relative security provided by gilts, bonds and cash. The assets held within the fund are passively managed
and based on the average investment mix of a large number of major pensions funds using the three-monthly
Combined Actuarial Performance Survey (excluding property).
Fund specific risks: 12, 13, 14, 24 Spread: 0.73%
LEGAL & GENERAL DISTRIBUTION FUND
Fund aim: The fund is a balanced fund and its investments include equities, fixed interest securities and property.
The fund aims to offer good long-term growth potential through a combination of capital growth and reinvested
income, from a cautious, balanced portfolio, and is actively managed to achieve this objective.
Fund specific risks: 12, 13, 14, 16, 17, 23 Spread: 1.38%
LEGAL & GENERAL EQUITY FUND
Fund aim: To maximise the investment return by investing in a very broad mix of mainly UK companies.
Fund specific risks: 13, 19 Spread: 1.29%