Asset Allocation

Equities60.7
Credit and Emerging Market Debt26.8
Alternatives9.4
Cash2.5
Government Bonds0.6

Data as at 30/06/2020

Equities

UK Equity21.4
Emerging Market Equity10.3
Europe ex UK Equity9.6
North America Equity8.1
Asia Pacific ex Japan Equity7.3
Japan Equity3.5
Small-cap Equity0.5
Data as at 30/06/2020

Credit and Emerging Market Debt

Emerging Market Bonds (Hard Currency)7.9
Emerging Market Bonds (Local)7.5
Global High Yield6.7
UK Corporate Bonds2.7
Global Corporate Bonds2.0
Data as at 30/06/2020

Government Bonds

Developed Market Government Bonds (ex UK) 0.6
Data as at 30/06/2020

Alternatives

Real Estate Investment Trusts3.7
Listed Infrastructure3.6
UK Property2.1
Data as at 30/06/2020

Top 10 Holdings

L&G UK Index Trust11.4
iShares UK Dividend UCITS ETF8.2
L&G Emerging Markets Government Bond (US$) Index Fund7.9
L&G Emerging Markets Government Bond (Local Currency) Index Fund7.5
L&G High Income Trust6.7
L&G Global Emerging Markets Index Fund5.5
L&G US Index Trust5.1
L&G Pacific Index Trust5.0
L&G European Index Trust4.9
L&G Cash Trust4.8

Data as at 30/06/2020.