{"id":605,"date":"2014-06-23T07:00:03","date_gmt":"2014-06-23T07:00:03","guid":{"rendered":"http:\/\/www.asadkarim.co.uk\/?p=605"},"modified":"2014-06-23T07:00:03","modified_gmt":"2014-06-23T07:00:03","slug":"fund-focus-the-legal-general-distribution-trust","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=605","title":{"rendered":"Fund Focus: The Legal &#038; General Distribution Trust"},"content":{"rendered":"<p>An \u00a345million investment fund, that gives an interest rate (coupon) of <strong>3%<\/strong>.<\/p>\n<p>[<a title=\"L&amp;G Distribution Fund\" href=\"http:\/\/i.legalandgeneral.com\/consumer\/investments\/products-and-funds\/mixed-investments\/investments-productsandfunds-mixedinvestments-fund-distribution.jsp\" target=\"_blank\">http:\/\/i.legalandgeneral.com\/consumer\/investments\/products-and-funds\/mixed-investments\/investments-productsandfunds-mixedinvestments-fund-distribution.jsp<\/a>]<\/p>\n<p>It is a fund of fund, is a part from high quality securities, it also has significant holdings in the <em><strong>Legal &amp; General Dynamic Bond Trust<\/strong><\/em>, the <em><strong>Legal &amp; General High Income Trust<\/strong><\/em>, the <em><strong>Legal &amp; General Managed Monthly Income Trust<\/strong><\/em>, the <em><strong>Legal &amp; General Sterling Income Trust<\/strong><\/em> and the <em><strong>Legal &amp; General Fixed Interest Trust<\/strong><\/em>.<\/p>\n<p>The high quality blue chip investments are equity stakes in Rio Tinto, HSBC, Vodafone, BP and UK Gilts.<\/p>\n<p>Its top 10 holdings are:<\/p>\n<p><strong>4\u00be% Treasury Stock 2015 (Bonds) =\u00a0 8.41%<\/strong><br \/>\n<strong>AstraZeneca (Pharmaceuticals &amp; Biotechnology) = 2.26%<\/strong><br \/>\n<strong>Rio Tinto (Mining) =\u00a0 1.95%<\/strong><br \/>\n<strong>BP (Oil &amp; Gas Producers) = 1.41%<\/strong><br \/>\n<strong>Prudential (Life Insurance) = 1.29%<\/strong><br \/>\n<strong>Aviva (Life Insurance) = 1.24%<\/strong><br \/>\n<strong>British American Tobacco (Tobacco) = 1.09%<\/strong><br \/>\n<strong>Royal Dutch Shell B (Oil &amp; Gas Producers) = 1.04%<\/strong><br \/>\n<strong>Imperial Tobacco Group (Tobacco) 1.01%<\/strong><br \/>\n<strong>HSBC Holdings PLC (Banks) 1.00%<\/strong><\/p>\n<p>To get <strong>3%<\/strong> in a climate of near zero interest rates, it is an incredible fund.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An \u00a345million investment fund, that gives an interest rate (coupon) of 3%. [http:\/\/i.legalandgeneral.com\/consumer\/investments\/products-and-funds\/mixed-investments\/investments-productsandfunds-mixedinvestments-fund-distribution.jsp] It is a fund of fund, is a part from high quality securities, it also has significant holdings in the Legal &amp; General Dynamic Bond Trust, the Legal &amp; General High Income Trust, the Legal &amp; General Managed Monthly Income Trust, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-605","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=605"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/605\/revisions"}],"predecessor-version":[{"id":606,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/605\/revisions\/606"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}