Legal & General Investment Management (LGIM) has launched the L&G Real Capital Builder (RCB) fund for external investors.
RCB is an equity-led outcome oriented unit trust that aims to generate total returns of 4% above inflation per annum over a rolling five year period at two-thirds of the risk of an equity index. The strategy meets investor demand for a risk managed fund that aims to deliver consistent returns ahead of inflation.
RCB is managed by a dedicated team led by Nick Hartley, co-head of Active Equities, and Shaunak Mazumder, fund manager.
Nick Hartley said: “The fund is managed by a dedicated team of fund managers and analysts, each of whom was hired specifically for the strategy. Targeting equity returns with two-thirds’ MSCI World volatility and a real return objective meets the investment objectives of many of our clients for all market conditions.”
Simon Hynes, head of UK Retail Sales at LGIM, said: “Many investors we speak with are concerned about the spending power of their savings over the long term, and inflation is a rising risk. The RCB strategy is relevant for a broad range of investors looking for positive real returns via equities, but in a fund where the drawdown risk and volatility of equities are actively managed down.”