Detailed and up-to-date information on the prices of our mutual funds On 24 and 31 December, prices from 3pm to noon will be calculated based on the early closure of the London Stock Exchange and published as they become available. In this case, the current saving is 0.05%, of which 0.00% is paid by loyalty bonus. The tax that may be due on this loyalty bonus, and therefore the value of this savings for you, is listed below. Past performance is no guarantee of future performance. Legal & General US Index is our favorite US tracker fund. The U.S. is the largest stock market in the world, so it makes sense for a diversified equity portfolio to have some exposure. This is an industry where few active fund managers consistently outperform the entire U.S. stock market. The objective of this fund is to achieve growth by replicating the performance of the FTSE USA Index.

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 a broad diversification of shares of U.S. companies. The Fund may use derivatives to reduce risk or costs or to generate additional capital or income without risk or at an acceptable low risk. 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. In some cases, ongoing savings are provided by our loyalty bonus. 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.

Privacy Policy – All information should be used for informational purposes only. You need to review the data independently before making any investment decisions. HL cannot guarantee that the data is accurate or complete and assumes no responsibility for its use. Morningstar Awards as of October 7, 2022. Data from Broadridge as of August 31, 2022. 4 If you choose to receive winnings from a Vantage ISA or Vantage Fund & Share account, we will collect all dividends for you and then remit them directly to your bank account within the first 10 business days of the following month. 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. 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. In addition, loyalty bonuses received by foreign investors, businesses, and charities do not have to be paid with the tax deduction. So, if you are a foreign investor or represent a business or charity, please let us know if you want your loyalty bonuses to be paid without any deduction of an amount equal to property tax. Keep in mind that the value of your investment and the income from it can go down as well as up and are not guaranteed. You can get back less than you invest. Tax regulations may change in the future and their tax benefits depend on your personal situation. The index management team consists of 25 fund managers assisted by two analysts. Management supervision is the responsibility of the Global Head of Index Funds.

The team has an average industry experience of 15 years, including seven years at LGIM, and is focused on achieving the equally important goals of accurate tracking and maximizing returns. If loyalty rewards are taxable, the value of our ongoing 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. 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. In the case of income units, all income is paid in cash. This can be withdrawn, reinvested or simply held in your account. In the case of accumulation units, any income will remain in the Fund; The number of shares remains the same, but the price of each unit increases by the amount of income generated within the fund. In general, accumulation units offer a slightly more efficient way to reinvest income, although many investors choose to hold income units and reinvest the income to purchase additional shares. In this update, Alex Watkins, Passive Investment Analyst, shares our analysis of the management, processes, culture, costs and performance of the Legal & General US Index fund.