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Legal & General – European  Absolute Return Fund

Legal & General – European  Absolute Return Fund

Type: Unit trust

Aim: Growth in all market conditions by investing long and synthetically short in European equities and derivatives

Minimum investment: Lump sum £500, monthly £50

Investment split: 100% long and synthetically short in European equities and derivatives

Isa link: Yes

Charges: Initial 5%, annual 1.5%, performance fee 20%

Commission: Initial 5% or initial 3% plus 0.5% renewal

Tel: 0845 070 8684

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