The objective of the Fund is to track the performance of the S&P Global 100 Index

However on close analysis, the technology titans at the top distort the index, as you see in the image below that the 3 technology companies:-

Nvidia 12.8 % of the fund

Microsoft 11.3 % of the fund

Apple 10.4 % of the fund

∑ [Nvidia 12.8%] + [Microsoft 11.3%] +[Apple 10.4%] = 34.5%

The 3 companies of Nvidia, Microsoft & Apple account for over ONE THIRD of the index that is made up of 106 companies. 3 companies account for 34.5% of the value of the entire fund.

Courtesy of Legal & General Investment Management