Cash Trust - The basics

• A unit trust gives you a share of an investment fund. The aim of the Legal & General Cash Trust is to provide the potential for higher returns on your cash deposits than are available on the high street, without exposing you to the risks of the stock market. Please note that the Cash Trust is not a deposit account and your capital is not guaranteed.
• The fund invests in deposits with major banks and building societies.
• Your money is pooled with thousands of other investors across a range of deposits to get you a better rate than you may be able to get on your own.
• The value of your investment rises in line with the interest received from the banks and building societies invested in. You'll receive a statement detailing this every six months.
• You can apply online today for the Cash Trust.
• Once you have invested with us you can manage your investments online, anytime.
• Unit trusts are designed as medium to long term investments of, ideally, at least five years.
• Both capital and income values may fall as well as rise and are not guaranteed. You may not get back the money you invested.
• Refer to risk factors for the other risks associated with this product.

Your options

You may want to consider investing directly into a unit trust if you have already used up your ISA allowance for this tax year. Although unit trusts do not offer the same tax advantages as ISAs, there are no investment limits although you can only invest up to £50,000 online.

• Legal & General offers a Cash Trust.
• You can only invest with a minimum lump sum of £500, regular investments are not available.
• The cash unit trust product table clearly lists the charges for this unit trust.
• See how our Cash Trust has performed for the last five years using the fund performance table.

The charges

• The Cash Trust does not carry an initial fee or an exit fee. Charges are kept low, so more of your money remains invested.

This trust offers more than one class of units. The details below relate to the unit class 'R', which is the class available online:

* these expenses include auditors, trustees, custodian and regulator fees.

Risk factors

All investments carry an element of risk. Please bear in mind that:

• Unit trusts are designed as medium to long term investments of, ideally, at least five years.
• Unlike money you save in a deposit account, the value of your investment is not guaranteed. Its value and the level of any income received from it, can fall as well as rise, and you may not get back the amount of your original investment.
• This Cash Trust has its own objectives and risk factors. These are detailed in the Key Information document (including Simplified Prospectus), which can be downloaded from the right-hand side menu. Before you decide to invest, you must read this document.