View more on these topics

L&G tracking fund offers links to 100 global companies

Legal & General has set up a tracking fund, the global 100 index trust, giving investors exposure to 100 of the biggest international companies.

It says with forecasters, including the G7 economic intelligence unit, predicting growth in some of the world&#39s major markets over the next five years, global companies could be the right sector to invest in for the future.

The fund, which opens on November 22, will track the Standard & Poor&#39s Global 100 index made up of companies operating on a worldwide basis, including BP and Johnson & Johnson. Investments can be either a lump sum of £500 or regular contributions of £25 a month or more.

L&G says it offers investors global equity exposure at low cost with no initial charges or exit fees and an annual management charge of only 1 per cent. The fund is also available as an Isa and is suitable for Pep transfers. Commission is 1 per cent on any lump sums and 0.75 per cent on each regular contribution.

Retail investments marketing director Claire Stracey says: “Many retail investors continue to appreciate the value of index trackers in a low interest rate, low return world. The trust will enable them to invest in 100 of the largest global companies.”


Soaring PI cover is putting IFAs in critical condition

You many be interested in my professional indemnity story.I have been trading as an IFA in Maidstone since 1976. We provide a bespoke service to our clients, most of whom are local but, over time, our clientele have extended to all parts of the UK and abroad. We mainly specialise in investment and pension planning […]

Through the legal maze

We have reached the latter stages in the recommendation and implementation of a share-purchase arrangement within a limited company using a fairly typical example – Owl Sewerage Services Ltd.The final major remaining piece of the jigsaw is to establish and help to implement an appropriate form of legal agreement so that there is a clear […]

Will Green Paper dig deep enough?

Is yet another pension reform going to ail to dig deeply enough to get to the root of the problem? Probably.This is what we hear from senior Government sources which suggest that the Green Paper will not be able to deal with the boundary between state and private provision.The ideal situation is for people to […]

Split-cap pressure is mounting on FSA

Industry opinion is growing that the FSA should have intervened and forced split-capital product companies to include risk warnings in their UK prospectuses.Although the official scope of the regulator only stretches to marketing literature, industry sources believe that the FSA should have acted to ensure adequate warnings were included in prospectuses issued before flotation.The FSA […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm