Actively managed unit trusts
The charges
- There are no exit fees for Legal & General actively managed unit trusts, for investments made after 29 December 2004.
- If you apply for an actively managed unit trust direct from Legal & General, we discount our initial charge from 5% to 3%. The UK Property Trust is discounted to zero.
These trusts offer more than one class of units. The details below relate to the unit class 'R', which is the class available online:
| Unit Trust | Online Initial Charge | Annual Mgmt. Charge | Extra Exps* |
|---|---|---|---|
| Equity (PDF 45KB) | 3.00% | 1.00% | 0.04% |
| Growth (PDF 44KB) | 3.00% | 1.50% | 0.03% |
| UK Active Opportunities (PDF 45KB) | 3.00% | 1.50% | 0.04% |
| UK Smaller Companies (PDF 45KB) | 3.00% | 1.50% | 0.03% |
| European (PDF 45KB) | 3.00% | 1.50% | 0.05% |
| North American (PDF 45KB) | 3.00% | 1.50% | 0.04% |
| Japanese (PDF 45KB) | 3.00% | 1.50% | 0.05% |
| Asian Income Trust*** (PDF 45KB) | 3.00% | 1.50% | 0.17% |
| Pacific Growth (PDF 45KB) | 3.00% | 1.50% | 0.07% |
| Global Growth (PDF 45KB) | 3.00% | 1.50% | 0.06% |
| Worldwide (PDF 45KB) | 3.00% | 1.50% | 0.09% |
| UK Property (PDF 44KB) | Nil | 1.25% | 0.33%** |
| UK Alpha (PDF 44KB) | 3.00% | 1.50% | 0.10% |
* these expenses include auditors, trustees, custodian and regulator fees.
** these also include property extra expenses.
***
The Asian Income Trust (formerly known as the Far Eastern Trust) was re-launched with a new investment objective on the 10th November 2008.
