Hl Legal and General Global Technology
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. www.hl.co.uk/funds/fund-discounts,-prices–and–factsheets/search-results/l/legal-and-general-global-technology-index-class-c-accumulation 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 17, 2022. Broadridge data as of September 30, 2022. The objective of this fund is to achieve growth by tracking the performance of companies active in the information technology sector in the FTSE World Index. The fund will invest almost entirely in shares of the company.
The fund`s investments will closely match those of the index. On occasion, the fund may need to reduce large holdings to ensure appropriate equity diversification. The index consists of stocks of companies around the world. 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. I was just curious about this fund and everyone who has it. Would you recommend Charles Stanley or HL as a platform? and second, could someone explain the difference between Class C and Class R on the HL website? I don`t see much difference (without the total annual fee, but is there a change in his holdings) All information is appreciated. 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. It is a fund with three different classes of shares. There is little to no reason to buy a course with higher fees.
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. 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 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. 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. 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 ears at LGIM, and is focused on achieving the equally important goals of accurately tracking and maximizing returns. Important questions answered: China`s regulation of international data transfers Virtual Goods and NFT: Protecting Assets in Gaming, Social Media and the Metaverse 4 If you decide to receive proceeds from a Vantage ISA or Vantage Fund & Share, We collect all dividends for you and then pay them directly into your bank account within the first 10 business days of the following month. Industry: AI Technology and Technology Innovations (See Sector) The return on this fund depends on a relatively small number of individual investments.
This means that a loss in value of an individual investment can have a major impact on the fund`s overall performance. Yes, that`s what I thought. I was just wondering if anyone had any idea why there are even two funds that do the same thing. Thank you. 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. 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. Groundbreaking arguments lead to approval of tool to combat latent zarbitrage We believe that all loyalty bonuses are tax-exempt and challenge 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. Tax regulations are subject to change and benefits depend on individual circumstances. Keep in mind that loyalty rewards are tax-exempt for balances held in Vantage ISA or Vantage SIPP. 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 fund is not on the short list of funds that our analysts believe have the potential to outperform their peers over the long term. This is not a sales recommendation; However, if you`re thinking about increasing your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Management Shortlist » Category R has higher fees.
Probably to do with currency. Isn`t it worth paying the extra fee www.charles-stanley-direct.co.uk/ViewFund? Sedol=B0CNH16.
