NPH Logo

Popular Funds

Aviva logo

Aviva L&G Multi-Index III Fund

Specialist

Specialist Funds

The fund invests in the LGIM Multi-Index III Fund, designed for people looking for medium to long-term capital growth but with relatively low exposure to market volatility. LGIM actively manage the asset allocation of the fund using internal and external passive vehicles to gain exposure to different asset classes. Some of the asset classes are: equities, fixed income, alternatives and cash. LGIM seeks to promote environmental and social characteristics in line with Article 8 of SFDR and incorporates binding ESG factors which are integrated into its investment process. The fund may use financial derivative instruments, whose prices are dependant on one or more underlying assets, to manage the portfolio efficiently.

The fund aims to generate capital growth and income through exposure to a diversified range of asset classes predominantly in other Collective Investment Schemes. It expects to have a low to moderate level of risk and reward which broadly corresponds with level 3 of the risk and reward indicator, although there may be periods when the risk and reward indicator is higher or lower than 3.

StatusOpen for Investment
Fund size€234M
SFDRArticle 8
ManagerAndrzej Pioch, Francis Chua

Risk rating

1

2

3

4

5

6

7

What Aviva says about Risk 3 fundsLow to MediumFunds typically investing in assets like corporate bonds or a mix of assets where day-to-day changes in value have historically been less than for shares. Still a risk that value could fall.
1229.70

EUR

+162.25 (+15.20%) past 3 year

as of 19 May 2026
Asset Split

Sovereigns

34.7%

Financials

25.6%

Technology

6.6%

Consumer Services

6.3%

Other

6.2%

Industrials

5.8%

Real Estate

5.0%

Telecommunications

3.6%

Utilities

3.5%

Health Care

2.7%

Top Holdings
#1

L&G Euro High Alpha Corporate Bond Fund

#2

L&G Global Inflation Linked Bond Index Fund

#3

L&G Euro Treasury Bond Index Fund

#4

L&G US Equity Index Fund

#5

LGIM Global Corporate Bond Fund

#6

USA Treasury 4

#7

USA Treasury 4.25

#8

L&G Europe ex. UK Equity Fund

#9

L&G ESG GBP Corporate Bond Fund

#10

L&G Artificial Intelligence Fund

Asset Breakdown

Other

31.89%

Corporate Bonds

19.93%

Developed Market Equity

18.03%

Cash

15.32%

Developed Market Government Bonds

14.83%

Geographic Allocation
US

North America

40.16%

Europe (ex UK)

32.05%

GB

UK

9.94%

Emerging Markets

6.08%

JP

Japan

4.94%

Pacific (ex Japan)

3.96%

Other

2.86%

Fund insights

Detailed information extracted from the fund factsheet.

Underlying fund: LGIM Multi-Index III Fund

Managed by Legal & General Investment Management (LGIM)

Derivatives

The fund may use financial derivative instruments, whose prices are dependant on one or more underlying assets, to manage the portfolio efficiently.

ESG & sustainability

LGIM seeks to promote environmental and social characteristics in line with Article 8 of SFDR and incorporates binding ESG factors which are integrated into its investment process.

Frequently asked questions

Common questions about Aviva L&G Multi-Index III Fund.

The L&G Multi-Index III Fund Series C invests mainly through the LGIM Multi-Index III Fund, using predominantly other collective investment schemes to gain exposure to a diversified mix of asset classes. Its holdings can include equities, fixed income, alternatives, cash and property. The fund is managed actively by LGIM, which adjusts the asset allocation across these areas.

The L&G Multi-Index III Fund Series C is designed for investors seeking medium to long-term capital growth, with some income, and relatively low exposure to market volatility. It expects to sit at a low to moderate risk and reward level, broadly corresponding to level 3 on the risk scale. That means it is intended for investors who are comfortable with some ups and downs in value, but not very high risk.

The L&G Multi-Index III Fund Series C seeks to promote environmental and social characteristics and is classified as Article 8 under SFDR. LGIM says it incorporates binding ESG factors into the investment process. In plain language, ESG factors are environmental, social and governance considerations that can affect how companies and investments are assessed.

The L&G Multi-Index III Fund Series C is exposed to market fluctuations, currency risk, counterparty risk, derivative risk, liquidity risk and inflation risk. Currency risk means changes in exchange rates can affect returns when the fund holds assets in different currencies. Counterparty risk means a company on the other side of a financial contract could fail to meet its obligations.

Yes, the L&G Multi-Index III Fund Series C may use financial derivative instruments to manage the portfolio efficiently. Derivatives are investments whose value depends on one or more underlying assets, and they can help with portfolio management. The fund’s use of derivatives also links to its derivative risk, which means their value can move sharply and may not work as expected.

Aviva Logo

Aviva L&G Multi-Index III Fund

Get free, expert advice on this fund from a regulated advisor

Regulated advisors

No obligation

100% free advice

About The National Pension Helpline

Simply fill in any assessment form and a Central Bank regulated pension advisor will be in touch to discuss your options. This is a 100% cost and commitment free service.

Start A New Pension

|

NationalPensionHelpline.ie is an information-only website and does not provide direct financial advice. By submitting your information through the platform, your information is sent directly to our pension advisor partners who are regulated by the Central Bank of Ireland. NationalPensionHelpline.ie has a registered office at National Pension Helpline, 151 Thomas Street, Dublin 8, D08 PY5E. View privacy policy.