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Our review analysed 436 Legal & General funds, each measured against sector averages over 1, 3 and 5 years.
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31% of the 436 L&G funds analysed achieved a top performing 4 or 5 star Yodelar Rating for consistently ranking in the top quartile of their sectors.
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46.8% of L&G funds were rated 1 or 2 stars, reflecting performance that frequently ranked in the lower half of their sectors.
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The 10 funds featured in this article represent some of Legal & Generals strongest performers, each maintaining a track record of outperformance relative to same sector peers.
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The L&G Global 100 Index Trust and L&G Asia Pacific Equity Income funds have each delivered returns more than double sector averages over 5 years.
Legal & General (L&G) is one of the UK’s largest fund groups, managing hundreds of funds across a wide range of regions and asset classes. To evaluate their competitiveness, we analysed the performance of 436 L&G funds, each assessed relative to sector peers and assigned a Yodelar Rating to reflect how consistently it ranked over multiple timeframes.
This review highlights 10 of the strongest-performing L&G funds, each ranking among the top of their sectors over 1, 3 and 5 years. Also included is a link to access our complete performance and ranking report which covers all 436 Legal & General funds, showing which have consistently delivered and which have struggled against their peers.
L&G Fund Performance Summary
We carried out a detailed analysis of 436 Legal & General funds, examining their performance and sector rankings over 1, 3, and 5 years. Each fund was assessed and given an overall Yodelar rating based on its returns compared to sector peers.
Our findings show that 135 L&G funds earned a 4 or 5-star rating, demonstrating a robust and consistent ability to outperform their peers across all measured timeframes.
In contrast, 204 funds - representing more than 46% of those analysed - were awarded a low 1 or 2-star rating, reflecting persistently below-average returns.
10 Top Performing L&G Funds
From the full analysis, 135 Legal and General funds achieved a top performing 4 or 5 star Yodelar Rating. Below we highlight 10 of their funds that have delivered some of the strongest results relative to their sector peers across 1, 3 and 5 year periods analysed.
Each of these funds has been awarded a top 4 or 5-star rating based on its performance relative to sector peers.
L&G Global 100 Index Trust Fund
The L&G Global 100 Index Trust fund has delivered consistently strong results within the IA Global sector. Over 1 year it returned 16.44% compared with a sector average of 10.29%. Over 3 years it achieved 51.53% versus 27.75%, and over 5 years it returned 104.45% compared with 56.57%. Ranking in the top quartile throughout, it reflects the strength of a concentrated approach to some of the world’s largest global companies.
The fund launched in November 2002 and has grown to manage assets of around £2 billion. Its objective is to track the performance of the S&P Global 100 Index, giving investors exposure to a diversified basket of leading multinational firms. As a passive strategy, it is also one of the lower-cost options within the IA Global sector.
L&G UK Equity Income Fund
The L&G UK Equity Income fund has consistently ranked near the top of the IA UK Equity Income sector. Over 1 year it returned 15.92% compared with a sector average of 9.49%. Over 3 years it delivered 41.59% versus 31.99%, and over 5 years it returned 96.27% against 72.54%. These results highlight its strong comparative performance across multiple timeframes.
The fund aims to provide income alongside capital growth by investing in a broad range of UK equities. It focuses on companies with sustainable dividends and growth potential, aligning with the sector’s income objective.
L&G PMC US Equity Index Pn G17 Fund
This fund has consistently outperformed its peers in the PN North America Equities sector. Over 1 year it returned 15.67% compared with a sector average of 11.93%. Over 3 years it achieved 42.38% versus 32.64%, and over 5 years it delivered 94.67% compared with 74.47%. Its rankings place it firmly in the top quartile across all measured periods.
The fund tracks the performance of a US equity benchmark, giving broad exposure to large-cap American companies. With the US market, and particularly its largest firms, driving much of global equity growth in recent years, the fund has captured those gains effectively.
L&G UK 100 Index Trust Fund
The L&G UK 100 Index Trust fund has shown strong results compared with other funds in the IA UK All Companies sector. Over 1 year it returned 14.81% versus 8.18% for the sector. Over 3 years it delivered 37.76% against 28.09%, and over 5 years it achieved 82.78% while the sector averaged 56.58%. It has consistently ranked in the upper quartile across all measured timeframes.
The fund tracks the FTSE 100 Index, providing exposure to the largest companies listed on the London Stock Exchange. As a passive fund, it offers investors low-cost access to the UK’s leading firms across industries such as energy, financials, and consumer goods. The strong performance of the FTSE 100 in recent years is reflected in this fund delivering returns well above the sector average.
L&G Global Fixed Weight 50:50 Index 3 Fund
The L&G Global Fixed Weight 50:50 Index 3 fund has maintained strong performance within the PN Global Equities sector. Over 1 year it returned 14.89% compared with 11.49% for the sector. Over 3 years it delivered 45.40% versus 32.10%, and over 5 years it returned 82.15% against 62.95%. These results confirm its consistent outperformance of sector averages.
The fund splits its allocation evenly between UK equities and overseas equities, rebalancing regularly to maintain the 50:50 weighting. This structured approach provides balanced exposure across domestic and international markets, allowing investors to capture global equity growth while maintaining significant exposure to the UK market.
L&G Global Equity Index Fund
The L&G Global Equity Index fund has also delivered strong returns in the IA Global sector. Over 1 year it returned 14.51% compared with a sector average of 10.29%. Over 3 years it grew 39.35% versus 27.75%, and over 5 years it returned 78.93% against 56.57%. These results place it consistently among the strongest in its peer group.
The fund aims to track the performance of the FTSE World Index, offering exposure to developed and emerging markets. Its broad diversification across global equities has enabled it to capture long-term growth trends across regions, while the passive structure keeps costs low compared with many active strategies.
L&G PMC Equity Pn 3 Fund
The L&G PMC Equity Pn 3 fund has delivered consistently above-average results within the IA UK All Companies sector. Over 1 year it returned 13.75% versus a sector average of 9.33%. Over 3 years it grew 35.60% compared with 29.02%, and over 5 years it achieved 75.13% against 56.95%. It has maintained a strong relative position across all periods.
The fund provides diversified exposure to UK equities, covering large, mid, and smaller companies. Its portfolio includes established UK businesses across sectors such as financials, energy, consumer goods, and industrials, which have supported its competitive performance in recent years.
L&G PMC UK Smaller Companies Index Pn Fund
The L&G PMC UK Smaller Companies Index fund has been one of the strongest in its sector. Over 1 year it returned 7.22% compared with a sector decline of -3.31%. Over 3 years it grew 24.66% versus 6.19%, and over 5 years it returned 70.02% against 20.42%. These results highlight significant outperformance relative to peers.
The fund tracks the performance of the Numis Smaller Companies Index (excluding investment companies), giving investors exposure to the UK small-cap market. Smaller companies can often be more volatile, but they can also provide greater growth potential. Over the periods analysed, the fund’s exposure to this segment of the market has delivered results far ahead of the sector average.
L&G Asia Pacific Equity Income Fund
The L&G Asia Pacific Equity Income fund has consistently ranked near the top of its sector. Over 1 year it returned 18.72% versus a sector average of 15.51%. Over 3 years it achieved 31.34% against 15.33%, and over 5 years it returned 64.82% compared with 28.68%. This performance places it firmly in the top quartile across all measured periods.
The fund invests in companies across fast-growing economies such as China, India, and Australia contributing to its strong comparative performance.
L&G European Equity Index Pn G1 Fund
The L&G European Equity Index Pn G1 fund has delivered competitive results within the IA Europe excluding UK sector. Over 1 year it returned 11.66% versus a sector average of 8.36%. Over 3 years it achieved 43.73% compared with 36.04%, and over 5 years it returned 58.04% against 49.33%. These results have placed it consistently ahead of the sector average.
The fund tracks a European equity benchmark, providing exposure to large and mid-sized companies across continental Europe. By following the index, it delivers broad diversification across countries and sectors. Its passive approach has enabled investors to capture long-term growth in European markets at a relatively low cost.
Summary Findings
Our review of 436 L&G funds shows that while a significant proportion have struggled to remain competitive, there are several that have delivered consistently strong results. Just 14.7% of L&G funds achieved a 5-star Yodelar Rating, reflecting a track record of top-quartile performance, while just under half were rated 1 or 2 stars.
The 10 funds featured here represent some of the strongest performers across multiple sectors, each maintaining a record of returns that ranked ahead of their peers over 1, 3 and 5 years.
Why Portfolio Diversification and Oversight Matter Most
The varied performance of Legal & General funds underlines the need to view each holding within the context of a wider portfolio strategy. No fund will deliver consistent results across every market cycle, and performance often shifts as conditions change. A resilient portfolio depends on diversification, alignment with long-term goals, and an understanding of how each investment contributes to overall outcomes.
It is also important to recognise that no single fund manager or provider can deliver sector leading performance across all conditions. Some strategies excel in certain conditions while others fall behind, and this changes over time. Having access to the whole market of funds and fund managers provides a broader set of options, giving investors and portfolio managers greater scope to build stronger, more efficient portfolios.
Integrating performance insights into a forward-looking management process is critical. Professional oversight, such as the discretionary investment management offered by MKC Invest via MKC Wealth, allows timely adjustments without client delays, helping portfolios stay aligned with market conditions and investor goals.
Sustainable success requires more than simply picking top-performing funds. Structured, ongoing management ensures investments continue to work effectively, providing flexibility to navigate volatility and discipline to maximise long-term potential.
