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L&G Absolute Return Bond Fund
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== Past performance == {| class="wikitable" |+ ! !2018 !2019 !2020 !2021 !2022 |- |Fund | | | |1.4 | -0.3 |- |Performance objective | | | |1.5 |2.6 |} Past performance is not a guide to future performance. The figures for the Fund take into account the ongoing charges and assume income (after any tax) is reinvested. The figures do not take account of any dilution adjustment or any transaction costs. The performance has been calculated in GBP. The annual return is for a 12 month period ending 31 December. The Fund launched in 2013. This share class launched in 2020. The Fund aims to outperform the Benchmark Index by 1.5% per annum (the "Performance objective"). This objective is before the deduction of any charges and measured over rolling three year periods. On 30 September 2021, the Fundβs benchmark was renamed (from ICE BofA British Pound 3 Month Constant Maturity Total Return Index) by the Index provider.
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