NPH Logo

Popular Funds

Aviva logo

Aviva L&G Multi-Index V Fund

Specialist

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 to high level of risk and reward which broadly corresponds with level 5 of the risk and reward indicator, although there may be periods when the risk and reward indicator is higher or lower than 5.

StatusOpen for Investment
Fund size€326M
SFDRArticle 8
ManagerAndrzej Pioch, Francis Chua

Risk rating

1

2

3

4

5

6

7

What Aviva says about Risk 5 fundsMedium to HighFunds typically investing in shares of companies in the UK or a mix of major stock markets around the world. Potential for good returns over the long term, but values will go up and down with significant risk of loss.
2097.40

EUR

+593.89 (+39.50%) past 3 year

as of 19 May 2026
Asset Split

Financials

26.3%

Technology

16.3%

Sovereigns

12.4%

Industrials

11.4%

Consumer Services

10.9%

Health Care

5.7%

Telecommunications

5.6%

Other

4.9%

Real Estate

4.2%

Utilities

2.4%

Top Holdings
#1

L&G US Equity Index Fund

#2

L&G Europe ex. UK Equity Fund

#3

L&G Japan Equity Fund

#4

L&G Artificial Intelligence Fund

#5

L&G EM ESG Exclusions Paris Aligned Fund

#6

L&G Asia Pacific ex. Japan Equity Index Fund

#7

L&G UK Equity Index Fund

#8

L&G Global Real Estate Dividend Index Fund

#9

L&G Frontier Market Equity Fund

#10

L&G Emerging Markets Short Duration Bond Fund

Asset Breakdown

Developed Market Equity

67.37%

Other

14.91%

Emerging Market Equity

8.32%

Developed Market Government Bonds

5.52%

Emerging Market Bonds

3.88%

Geographic Allocation
US

North America

38.75%

Europe (ex UK)

31.27%

Emerging Markets

10.33%

JP

Japan

7.66%

GB

UK

5.17%

Pacific (ex Japan)

4.62%

Other

2.19%

Fund insights

Detailed information extracted from the fund factsheet.

Underlying fund: LGIM Multi-Index EUR V Fund

Managed by Legal & General Investment Management (LGIM)

Derivatives

The fund may use financial derivative instruments, financial contracts whose prices are dependant on one or more underlying assets, in order 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 V Fund.

L&G Multi-Index V Fund Series C aims to provide capital growth and income by investing mainly in a diversified mix of other collective investment schemes. Its exposure can span equities, fixed income, alternatives, cash and property, which means it is not limited to one type of asset. The fund is designed to spread investments across a broad range of markets and sectors rather than concentrating in a single area.

L&G Multi-Index V Fund Series C is intended for investors seeking medium to long-term capital growth. It expects to have a moderate to high level of risk and reward, broadly in line with risk level 5. This means the value of the fund can move up and down quite significantly over time, so it is more suited to investors who can accept that volatility.

L&G Multi-Index V Fund Series C is built from a wide range of underlying funds, including US, Europe ex UK, Japan, UK and emerging markets equity funds, plus bond and real estate exposures. Its top holdings also include areas such as artificial intelligence and emerging markets ESG-screened equities. This diversification means the fund tries to reduce reliance on any one market or asset class, although it can still rise or fall with global market conditions.

L&G Multi-Index V Fund Series C follows an Article 8 approach and LGIM seeks to promote environmental and social characteristics by integrating binding ESG factors into the investment process. One of its underlying holdings is the L&G Emerging Markets ESG Exclusions Paris Aligned UCITS ETF, which suggests the fund uses ESG-aware building blocks as part of its portfolio. This means the fund is designed to consider sustainability-related factors alongside financial returns, rather than focusing on returns alone.

L&G Multi-Index V Fund Series C carries market fluctuations, currency, counterparty, derivative, liquidity and inflation risks. Currency risk means changes in exchange rates can affect returns when the fund invests outside the investor’s home currency. Counterparty risk means a party to a financial contract may fail to meet its obligations, while liquidity risk means some investments may be harder to buy or sell quickly without affecting price.

Aviva Logo

Aviva L&G Multi-Index V 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.