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Aviva L&G Multi-Index IV Fund

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Specialist Funds

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 moderate level of risk and reward which broadly corresponds with level 4 of the risk and reward indicator, although there may be periods when the risk and reward indicator is higher or lower than 4. The fund invests in the LGIM Multi-Index IV Fund, designed for people looking for medium to long-term capital growth and a balanced mix between investments offering potential growth to more defensive in nature. LGIM actively manage the asset allocation of the fund using internal and external passive vehicles to gain exposure to different asset classes, which include: 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 moderate level of risk and reward which broadly corresponds with level 4 of the risk and reward indicator, although there may be periods when the risk and reward indicator is higher or lower than 4.

StatusOpen for Investment
Fund size€372M
SFDRArticle 8
ManagerAndrzej Pioch, Francis Chua

Risk rating

1

2

3

4

5

6

7

What Aviva says about Risk 4 fundsMediumFunds typically investing in a mix of asset types with the potential for better long-term returns than lower-risk funds. Greater risk that value could fall compared with lower-risk funds.
1580.30

EUR

+344.73 (+27.90%) past 3 year

as of 19 May 2026
Asset Split

Sovereigns

24.1%

Financials

22.1%

Technology

12.1%

Industrials

9.4%

Consumer Services

9.4%

Real Estate

5.2%

Telecommunications

5.1%

Other

4.7%

Health Care

4.5%

Utilities

3.3%

Top Holdings
#1

L&G US Equity Index Fund

#2

L&G Euro High Alpha Corporate Bond Fund

#3

L&G Europe ex. UK Equity Fund

#4

L&G Japan Equity Fund

#5

L&G Euro Treasury Bond Index Fund

#6

L&G EM ESG Exclusions Paris Aligned Fund

#7

USA Treasury 4

#8

L&G Global Inflation Linked Bond Index Fund

#9

L&G UK Equity Index Fund

#10

L&G Asia Pacific ex. Japan Equity Index Fund

Asset Breakdown

Developed Market Equity

41.77%

Other

29.85%

Developed Market Government Bonds

10.69%

Corporate Bonds

10.45%

Cash

7.24%

Geographic Allocation
US

North America

41.29%

Europe (ex UK)

29.69%

Emerging Markets

10.32%

GB

UK

6.65%

JP

Japan

6.18%

Pacific (ex Japan)

3.73%

Other

2.14%

Fund insights

Detailed information extracted from the fund factsheet.

Underlying fund: LGIM Multi-Index IV 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 IV Fund.

L&G Multi-Index IV Fund Series C aims to provide capital growth and income by investing predominantly in other collective investment schemes, giving broad exposure to a diversified mix of asset classes. Its underlying exposure includes equities, fixed income, alternatives and cash, and the asset mix is actively managed by LGIM. The fund is designed to give a balanced mix between growth-oriented and more defensive investments.

L&G Multi-Index IV Fund Series C is designed for investors looking for medium to long-term capital growth with a balanced approach to risk. The fund expects a moderate level of risk and reward, broadly corresponding to risk level 4, although this can move over time. It may suit investors who want diversified exposure rather than a single-asset or single-region fund.

L&G Multi-Index IV 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 or assets are selected.

L&G Multi-Index IV 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, such as shares, bonds or market indexes. This can help with portfolio management, but it can also add complexity and risk.

L&G Multi-Index IV Fund Series C is exposed to market fluctuations, currency risk, counterparty risk, derivative risk, liquidity risk and inflation risk. Currency risk means overseas investments may rise or fall in value because exchange rates move against the fund. Inflation risk means the fund's returns may not keep up with rising prices, which can reduce purchasing power.

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Aviva L&G Multi-Index IV Fund

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