Your guide to investing

This section shows the funds available to you. You can invest your pension savings in any of the funds listed below and to find out more information about each fund, simply click on the fund name. Each fund has been given a risk rating from one to seven.
Fund risk rating category | Fund name | Fund code | ABI sector | Fund specific risks | IMC | AE | FMC |
---|---|---|---|---|---|---|---|
4 | L&G PMC Multi-Asset 3 | NTW3 | Mixed Investment 40-85% Shares | 1, 2, 3, 5, 6a, 10, 22, 62 | 0.13% | 0.00% | 0.13% |
5 | L&G PMC CT Managed Equity 3 | B0M3 | Flexible Investment | 1, 2, 3, 5, 6b, 7, 9, 22, 39, 62 | 0.40% | 0.09% | 0.49% |
7 | L&G PMC Sustainable Property Fund 3 | B5N3 | UK Direct Property | 1, 5, 6a, 12, 13, 22, 37, 42 | 0.44% | 0.88% | 1.32% |
6 | L&G Mastertrust Impact Fund | B6X3 | Global Equities | tbc | 0.50% | 0.03% | 0.53% |
4 | L&G PMC Janus Henderson Fixed Int Monthly Income 3 | B7N3 | Sterling Strategic Bond | 2, 3, 4, 6b, 7, 23, 39, 62 | 0.62% | 0.04% | 0.66% |
4 | Legal & General Mastertrust UK Smaller Companies Fund | B7X3 | UK Smaller Companies | 1, 6a, 8, 39, 42, 61, 62 | 0.50% | 0.02% | 0.52% |
5 | L&G PMC Global Diversified Credit Fund 3 | B8X3 | Sterling High Yield | 2, 3, 4, 6b, 7, 10, 23, 36, 62 | 0.30% | 0.04% | 0.34% |
5 | L&G PMC HSBC Islamic Global Equity Index Fund 3 | BB43 | Global Equities | 1, 5, 11, 39, 62 | 0.23% | 0.12% | 0.35% |
5 | L&G Mastertrust Global Developed Equity Index Fund | BC03 | Global Equities | 1, 5, 6a, 22, 39, 62 | 0.10% | 0.00% | 0.10% |
5 | L&G Mastertrust Emerging Markets Index Fund | BD03 | Global Emerging Markets Equities | 1, 5, 6a, 7, 10, 22, 39, 62 | 0.25% | 0.01% | 0.26% |
6 | L&G Mastertrust Smaller Companies Index Fund | BD73 | Global Equities | 1, 5, 6a, 8, 22, 39, 62 | 0.22% | 0.00% | 0.22% |
3 | L&G Mastertrust Short Dated Bond Index Fund | BD83 | Sterling Corporate Bond | 2, 3, 39, 62 | 0.12% | 0.00% | 0.12% |
4 | L&G Mastertrust Active Diversified Growth Fund | BD93 | Specialist | 1, 2, 3, 4, 5, 6a, 22, 39, 62 | 0.80% | 0.19% | 0.99% |
4 | L&G PMC 2060 - 2065 Target Date Fund 3 | BE03 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
3 | L&G PMC 2015 - 2020 Target Date Fund 3 | BE13 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
4 | L&G PMC 2020 - 2025 Target Date Fund 3 | BE23 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
4 | L&G PMC 2025 - 2030 Target Date Fund 3 | BE33 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
4 | L&G PMC 2030 - 2035 Target Date Fund 3 | BE43 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
4 | L&G PMC 2035 - 2040 Target Date Fund 3 | BE53 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
4 | L&G PMC 2040 - 2045 Target Date Fund 3 | BE63 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
4 | L&G PMC 2045 - 2050 Target Date Fund 3 | BE73 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
4 | L&G PMC 2050 - 2055 Target Date Fund 3 | BE83 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
4 | L&G PMC 2055 - 2060 Target Date Fund 3 | BE93 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
4 | L&G PMC 2065 - 2070 Target Date Fund 3 | BF13 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
5 | L&G PMC Future World Fund 3 | BJ13 | Global Equities | 1, 5, 6a, 15, 22, 36, 39, 62 | 0.24% | 0.00% | 0.24% |
4 | L&G PMC 2070 - 2075 Target Date Fund 3 | BQB3 | Specialist | 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 | 0.15% | 0.00% | 0.15% |
5 | MT Active Global Equity Fund | BRN3 | Global Equities | 1, 5, 6a, 10, 22, 39, 62 | 0.65% | 0.07% | 0.72% |
5 | MT Fossil Fuel Free Climate Equity Index Fund | BTD3 | Global Equities | 1, 5, 6a, 10, 15, 16, 23, 25, 62 | 0.12% | 0.05% | 0.17% |
6 | L&G Mastertrust Global Real Estate Equity Index Fund | BZ03 | Property Other | 1, 5, 6a, 11, 22, 37, 39, 42, 62 | 0.19% | 0.00% | 0.19% |
4 | L&G Mastertrust Future World Multi-Asset Fund | BZ13 | Mixed Investment 40-85% Shares | 1, 2, 3, 5, 6a, 10, 15, 22, 36, 37, 62 | 0.16% | 0.00% | 0.16% |
1 | L&G PMC Cash 3 | EAB3 | Deposit & Treasury | 3, 13, 39, 62 | 0.09% | 0.00% | 0.09% |
6 | L&G PMC UK Equity Index 3 | NBC3 | UK All Companies | 1, 6a, 39, 62 | 0.10% | 0.00% | 0.10% |
5 | L&G PMC Ethical Global Equity Index 3 | NEB3 | Global Equities | 1, 5, 6a, 15, 22, 39, 62 | 0.30% | 0.00% | 0.30% |
5 | L&G PMC World (Ex-UK) Equity Index 3 | NED3 | Global Equities | 1, 5, 6a, 22, 39, 62 | 0.12% | 0.00% | 0.12% |
4 | L&G PMC AAA-AA-A Corp Bond All Stocks Index 3 | NEM3 | Sterling Corporate Bond | 2, 3, 39, 62 | 0.12% | 0.00% | 0.12% |
4 | L&G PMC Future World Annuity Aware Fund 3 | NEN3 | Sterling Long Bond | 2, 3, 24, 39, 62 | 0.12% | 0.00% | 0.12% |
4 | L&G PMC Retirement Income Multi-Asset 3 | NWD3 | Specialist | 1, 2, 3, 5, 6a, 10, 22, 23, 30, 62 | 0.28% | 0.03% | 0.31% |
Fund risks
In the table of funds above, there are one or more numbers listed against each fund. Each number relates to a risk associated with that fund, and this section contains descriptions of those risks.
There are some numbers missing from this list. Although Legal & General applies these risks to a range of funds, only the risks that might apply to the funds in this guide are shown in this list.
- 1 - Equities
- 2 - Fixed interest securities
- 3 - Risk of issuer becoming less secure
- 4 - Sub-investment grade
- 5 - Currency changes
- 6a - DERIVATIVES: in relation to funds using derivatives for “EPM” purposes
- 6b - DERIVATIVES in relation to funds using derivatives for “investment”
- 7 - Derivative counterparty risk
- 8 - Smaller companies
- 9 - Limited holdings
- 10 - Emerging markets
- 11 - Market sector
- 12 - Property
- 13 - Money market
- 14 - Few bond issuers
- 15 - Exclusions
- 22 - Stock lending
- 23 - Inflation and index linked instruments
- 24 - Pre-retirement funds
- 25 - Exchange traded funds
- 30 - Retirement income drawdown
- 36 - Exclusion of companies who do not meet LGIM’s standards in accordance with LGIM's climate impact pledge
- 37 - Turnover
- 38 - Commodities
- 39 - Portfolio diversification
- 41 - Infrastructure
- 42 - Real estate
- 43 - Private companies
- 60 - Targeted absolute return funds
- 61 - Reinsurance credit risk
- 62 - Delayed repayment