Energy and commodities more broadly are vital in the creation of economic value globally. Historically, economic advancement tended to come from finding cheaper sources of these commodities. Now, it increasingly comes from finding more efficient and cleaner techniques for extracting and using commodities.

The pursuit of these new methods and technologies is creating opportunities as well as challenges for the companies involved in the sourcing, mining or growing, processing, distributing and usage of commodities.

Key risks

The value of an investment and any income taken from it is not guaranteed and can go down as well as up, you may not get back the amount you originally invested. Past performance is no guarantee of future results.

Whilst LGIM has integrated Environmental, Social, and Governance (ESG) considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.

The risks associated with each fund or investment strategy should be read and understood before making any investment decisions. Further information on the risks of investing in this fund is available in the prospectus at.