Legal General Technology Index
Most of the fund holds investments from a specific market sector, that of information technology. Funds like this can be more volatile than funds that invest in many sectors of the market. Indeed, especially in the short term, the value of the fund can increase and decrease more frequently and larger amounts than more diversified funds. Cumulative effect of fees on your investment return 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. 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.
As of August 31, 2022. Important information Headline performance can obscure the true characteristics of a fund. Without a clear understanding of how a fund is managed, you may be inadvertently exposed to an undesirable risk to your capital. Some funds have a dilution tax, which reduces the number of units realized as an upfront fee on an initial investment. If this fund includes such a levy, it must be listed in the Key Investor Information Document (KIID), which we are required to provide and which you must read before investing. The charts and performance data presented are provided by a third-party data provider and may contain data that appears to have preceded the introduction of the own share class for that fund. In such cases, historical data has been synthesized as realistically as possible, at the sole discretion of that external provider, using recorded historical data in relation to the previously available version of the commission paying fund, with adjusted fees. Invest in this fund in an ISA, JISA, SIPP or investment account 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. This graph assumes that costs are spread evenly over the year, fees are paid uniformly over the year from the investment, and an annual growth rate applies uniformly over the year before fees, including product costs, are incurred. Loyalty rewards are tax-exempt in an ISA or SIPP. However, they can be taxed into a fund and stock account, which would reduce their value and increase ongoing net fees. 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. This chart is not a forecast of future investment returns, but simply a way to show the potential impact of costs and fees on an assumed return of. While we make reasonable efforts to ensure the accuracy of third-party fee information, this is for informational purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up-to-date, so we accept no responsibility for its use.
The objective of the Fund is to achieve growth by tracking the performance of the FTSE World Technology Index (the “Index”). This objective is after deduction of fees and taxes. 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. We believe that all loyalty bonuses are tax-free and question 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. The documents listed below are the latest versions provided to our data provider by the fund management group, but do not necessarily reflect the applicable fees that would be charged if you purchased this fund through Charles Stanley Direct.
You must treat the fees and other numbers displayed in the “Overview” tab as accurate. 4 If you choose to receive earnings from a Vantage ISA or Vantage Fund & Share account, we collect all dividends for you and then deposit them directly into your bank account within the first 10 business days of the following month. These are the annual costs based on an initial investment amount of more than 1 year assuming a net zero growth rate. The objective of this fund is to achieve growth by tracking the performance of FTSE World Index companies that are active in the information technology sector. 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 stocks of companies around the world. The Fund may use derivatives (contracts whose value is linked to the price of another asset) for the following purposes: • Support for effective day-to-day management.
