L&G Global High Yield Bond Z Cap $

The objective of the Fund is to provide a combination of capital growth and income over the long term. The Fund aims to deliver this objective while maintaining a lower weighted average carbon intensity than the Benchmark Index. The Fund is actively managed and seeks to achieve this objective by investing at least 80% of its assets in a broad range of fixed income securities from around the world. The Fund is managed with reference to the ICE BofA BB-B Global High Yield Non-Financial 2% Constrained Total Return Index (Hedged to USD), the " Benchmark Index ". The Investment Manager has broad discretion over the composition of the Fund's portfolio, will not be tied to investing in the constituents of any index and will use its discretion with regards to selecting the companies, sectors, and geographical exposure of the Fund's holdings. The Benchmark Index is used for performance comparison purposes and does not constrain the Fund's portfolio construction. The degree to which the composition of the Fund's portfolio may deviate from the Benchmark Index will vary over time. The Fund's performance may be meaningfully different from that of the Benchmark Index. In addition to maintaining a lower weighted average carbon intensity profile than the Benchmark Index, the Fund promotes a range of environmental and social characteristics by: (i) Excluding investments in bonds issued by companies in the LGIM Future World Protection List ("FWPL") and (ii) Excluding companies from the Fund which do not meet the Manager's "Climate Impact Pledge", in order to encourage strong governance and sustainable strategies. The Fund may invest in fixed income securities (investments that provide a certain level of income). These include corporate bonds and other debt instruments, issued in countries from around the world. The fixed income securities that the Fund invests in will be rated sub-investment grade (rated as higher risk) by at least one of the recognised rating agencies. Credit rating

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No