L&G UK Property Feeder I Acc

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Jeremy Summers
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Fund Summary Quick Stats Citi Code K6HG FE Crown Rating Price Date 13/07/2018 ISIN Code SEDOL Code GB00BK35F408 BK35F40 Morningstar Analyst Rating Mid Price S&P Capital IQ Grading Bid Price 85.

40% Pricing Frequency Daily Domicile United Kingdom Type Accumulation Launch Date 23/05/2014 Legal Structure Unit Trust Factsheet Frequency 12 per year ISA Eligible Fund Size 3,241.

1 Fund Summary Quick Stats Citi Code K6HG FE Crown Rating Price Date 13/07/2018 ISIN Code SEDOL Code GB00BK35F408 BK35F40 Morningstar Analyst Rating Mid Price S&P Capital IQ Grading Bid Price 85.63p Sector Property FE Risk Score Offer Price 90.42p Benchmark IA - Property Yield 2.40% Pricing Frequency Daily Domicile United Kingdom Type Accumulation Launch Date 23/05/2014 Legal Structure Unit Trust Factsheet Frequency 12 per year ISA Eligible Fund Size 3,241.9M as at 30/06/2018 Fund Currency GBX (Pence) Top 10 Activity Fund Objective The objective of this fund is to provide a combination of income andgrowth by investing solely in the Legal & General UK Property Fund(the Master Fund ). It may also hold cash where necessary to enablethe making of payments to unitholders or creditors.the fund aims to achieve investment returns very similar to those ofthe Master Fund.The Master Fund will typically invest at least 80% in a range of UKcommercial properties (but this can be as low as 60% where the fundmanager deems it to be in the interests of the fund and itsshareholders).the Master Fund may invest in all types of commercial property. TheMaster Fund may occasionally invest in residential property and mayalso develop properties. The Master Fund may also invest from timeto time in commercial properties in the Isle of Man and the ChannelIslands.The Master Fund may use derivatives (contracts which have a valuelinked to the price of another asset) for the following purposes: To help with efficient day to day management. To reduce some of the risks of the market.the Master Fund may also invest in other property-related assets,(including propertyrelated UK shares and UK property-relatedauthorised investment funds), money market instruments, deposits,money market-related authorised investment funds and governmentbonds. Money market instruments are a type of security where cashcan be deposited for short periods of time.if you hold accumulation units in the Legal & General UK PropertyFeeder Fund, income from investments held by the fund (dividends)will be reinvested into the value of your units.if you hold distribution units in the Legal & General UK Property FeederFund, income from investments held by the fund will be paid out toyou (as a dividend). In addition to the charges set out in the charges section overleaf, themaster Fund will incur transaction costs relating to the buying andselling of property. These costs are paid from the assets of the MasterFund.This fund may not be appropriate for investors who plan to withdrawtheir money within five years. The fund may be appropriate if youwould like to add a more specialist investment to an existing portfolio. Purchase & Other Information Min. Investment Min. Top-up Standard Initial Charge Clean Share Class AMC 0.00% Yes OCF 0.75% as at 28/11/2017 FMF 0.75% Compliant Non UCITS Retail Scheme Dividend Date Feb 28, May 29, Aug 29, Nov 29 For Sale In United Kingdom Manager Information Name Since Biography Matt Jarvis (Co-manager) Michael Barrie (Co-manager) 27/05/ /05/2014 Matt Jarvis joined Legal & General Property as an Asset Manager in November 2004 and is Co-Fund Manager of the UK Property Fund, having previously been a Commercial Valuer with Jones Lang LaSalle. Matt holds a degree in Land Management from Reading University. They are both member of the Royal Institution of Chartered Surveyors (MRICS). Michael Barrie is co-fund manager for the UK Property Fund and is also a Director of Legal & General Property Division. He joined Legal & General Property in 2005 from F&C Property Asset Management. Michael has a postgraduate diploma in property investment from Reading University. Additional Comment Michael Barrie is an FE Alpha Manager who has maintained a consistently high alpha score over a proven track record in rising and falling markets.

2 Fund Performance Performance Chart in (GBX) A B Percentage Change (%) Key A - L&G UK Property Feeder I Acc TR [51.53%] B - IA Property TR [40.01%] Jul 13 Oct Jan 14 Apr Jul Oct Jan 15 Apr Jul Oct Jan 16 Apr Jul Oct Jan 17 Apr Jul Oct Jan 18 Apr Jul 16/07/ /07/2018 Powered by data from FE Cumulative Performance (GBX) 3 Months 6 Months 1 Year 3 Years 5 Years Fund 2.43% 3.69% 9.07% 21.60% 51.58% Sector 5.93% 2.99% 6.61% 22.29% 40.12% Relative to Sector -3.31% 0.68% 2.31% -0.56% 8.18% Rank in Sector* 29 / / / / / 40 Fund Quartile* Performance by Calendar Year in (GBX) YTD Fund 3.59% 8.82% 1.93% 10.60% 13.47% Sector 2.52% 6.93% 8.19% 5.46% 13.12% Relative to Sector 1.05% 1.76% -5.78% 4.88% 0.32% Rank in Sector* 13 / / / / / 43 Fund Quartile* Discrete Annual Performance to Last Quarter End (GBX) 0-12m 12m-24m 24m-36m 36m-48m 48m-60m Fund 9.11% 7.71% 3.44% 12.29% 11.28% Sector 5.89% 6.72% 9.44% 7.79% 7.14% Relative to Sector 3.04% 0.92% -5.48% 4.18% 3.87% Rank in Sector* 8 / / / / / 40 Fund Quartile* Fund Price Movement (GBX) 12 Month High (Pence) 12 Month Low (Pence) Annualised Ratios Over 36 Months Alpha Beta Sharpe r2 Volatility Fund Fund Quartile* *Ranks & quartiles shown are for the primary share class,l&g UK Property I Acc FE Risk Score FE Risk Score Chart Over 1 Year A B Jul 17 Aug Sep Oct Nov Dec Jan 18 Feb Mar Apr May Jun Jul Key A - IA Property [49] B - L&G - L&G UK Property Feeder I Acc [37] 14/07/ /07/2018 Powered by data from FE

3 Fund Dividend History Fund Dividend History XD Date Pay Date Distribution Equalization Payment Period Type Interest or Dividend 01/03/ /04/ Interim No Tax 29/11/ /01/ Final No Tax 29/08/ /10/ Interim No Tax 30/05/ /07/ Interim No Tax 01/03/ /04/ Interim No Tax 29/11/ /01/ Final Dividend 30/08/ /10/ Interim Dividend 31/05/ /07/ Interim Dividend 29/02/ /04/ Interim Dividend 30/11/ /01/ Final Dividend 01/09/ /10/ Interim Dividend 29/05/ /07/ Interim Dividend

4 Fund Holding Breakdown Top 10 Holdings as at May 31, 2018 Rank Change Name % Sector Ranking* 1 GATESHEAD - FOLLINGSBY PARK 2 LICHFIELD - FRADLEY PARK CAMBRIDGE - 214, 216, 240, 220 AND 230 CAMBRIDGE SCIENCE PARK LEEDS - BIRSTALL SHOPPING PARK, BIRSTALL LONDON - 15 BONHILL STREET & 18, 20 & 22 EPWORTH STREET DUNSTABLE - WOODSIDE INDUSTRIAL ESTATE 7 EXETER - INTO EXETER HAMMERSMITH - THE AIRCRAFT FACTORY BIRMINGHAM - ONE COLMORE SQUARE LONDON - PRIESTLEY WAY,STAPLES CORNER Total 0.00 * This is the holding ranking within the fund sector composite portfolio (calculated from all available concurrent full portfolios of funds within the sector). Faller Riser No Change New Entry Sector Weightings as at May 31, 2018 Rank Change Name % 1 INDUSTRIALS OFFICES - PROPERTY CASH & CASH EQUIVALENTS RETAIL - PROPERTY LEISURE OTHERS 8.92 Faller Riser No Change New Entry Region Weightings as at May 31, 2018 Rank Change Name % 1 UK MONEY MARKET INTERNATIONAL 7.36 Faller Riser No Change New Entry

5 Fund Holding Breakdown Asset Weightings as at May 31, 2018 Rank Change Name % 1 PROPERTY MONEY MARKET Faller Riser No Change New Entry

6 Fund Historical Breakdown Fund Size ( ) Sector Weightings Percentage 100% 90% 80% 70% 60% 50% 40% Industrials Offices - Property Cash & Cash Equivalents Retail - Property Leisure Money Market Warehouse - Property Property Shares Derivatives Others 30% 20% 10% 0% Jul 15 Sep Nov Jan 16 Mar May Jul Sep Nov Jan 17 Mar May Jul Sep Nov Jan 18 Mar May 30/06/ /05/2018 Powered by data from FE Region Weightings 100% 90% 80% UK Money Market International Not Specified 70% Percentage 60% 50% 40% 30% 20% 10% 0% Jul 15 Sep Nov Jan 16 Mar May Jul Sep Nov Jan 17 Mar May Jul Sep Nov Jan 18 Mar May 30/06/ /05/2018 Powered by data from FE

7 Fund Historical Breakdown Asset Weightings 100% 90% 80% 70% Percentage 60% 50% 40% 30% 20% 10% 0% Property Money Market Alternative Investment Strategies Jul 15 Sep Nov Jan 16 Mar May Jul Sep Nov Jan 17 Mar May Jul Sep Nov Jan 18 Mar May 30/06/ /05/2018 Powered by data from FE

8 Fund Life Mirrors L&G UK Property Feeder I Acc as a Life Fund Fund Name Standard Initial Charge Annual Management Charge Fund Size (m) AEGON International Legal & General UK Property OMW L&G UK Property Feeder 2.86 Phoenix Wealth L&G Property Pru L&G UK Property Utmost Legal & General UK Property Feeder

9 Fund Pension Mirrors L&G UK Property Feeder I Acc as a Pension Fund Fund Name Standard Initial Charge Annual Management Charge Fund Size (m) Av Legal & General UK Property EP OMW L&G UK Property Feeder 1.82

Jupiter India I Acc. Citi Code 09QF FE Crown Rating Price Date 13/07/2018 Morningstar Analyst Rating Bronze Mid Price p (-0.01p) S&P Capital IQ

Jupiter India I Acc. Citi Code 09QF FE Crown Rating Price Date 13/07/2018 Morningstar Analyst Rating Bronze Mid Price p (-0.01p) S&P Capital IQ Fund Summary Quick Stats Citi Code 09QF FE Crown Rating Price Date 13/07/2018 ISIN Code SEDOL Code GB00B4TZHH95 B4TZHH9 Morningstar Analyst Rating Bronze Mid Price 125.17p (-0.01p) S&P Capital IQ Grading