Asset Allocation

Equities68.0
Credit and Emerging Market Debt13.2
Alternatives9.2
Cash5.3
Government Bonds4.3

Data as at 31/07/2020

Equities

North America Equity20.3
UK Equity14.1
Emerging Market Equity11.2
Europe ex UK Equity9.3
Japan Equity6.1
Asia Pacific ex Japan Equity4.9
Small-cap Equity2.2
Data as at 31/07/2020

Credit and Emerging Market Debt

Global High Yield3.5
Emerging Market Bonds (Hard Currency)3.4
Global Corporate Bonds2.5
Emerging Market Bonds (Local)2.2
UK Corporate Bonds1.6
Data as at 31/07/2020

Government Bonds

Developed Market Government Bonds (ex UK) 3.4
Global Inflation-Linked Bonds1.0
Data as at 31/07/2020

Alternatives

Listed Infrastructure3.2
UK Property2.0
Real Estate Investment Trusts2.0
Commodities1.9
Data as at 31/07/2020

Top 10 Holdings

L&G US Index Trust15.5
L&G UK Index Trust9.7
L&G Global Emerging Markets Index Fund8.8
L&G European Index Trust8.4
L&G Japan Index Trust6.1
Cash5.3
L&G Pacific Index Trust4.9
L&G High Income Trust3.5
L&G Emerging Markets Government Bond (US$) Index Fund3.4
LGIM Global Corporate Bond Fund2.5

Data as at 31/07/2020.