The Scottish Friendly UK Tracker Fund is currently linked to the Legal & General UK Index Trust, a UK authorised unit trust.

The Legal & General UK Index Trust

The investment objective of this Trust is to track the capital performance of the FTSE All-share index by investment in a representative sample of stocks selected from all economic sectors.

Stocks in the FTSE All-Share index will be held with weightings generally proportionate to their company's market capitalisation.

Legal & General Investment Management (LGIM)LGIM offers a range of unit trusts managed on what is known as an "index-tracking" basis. The aim is to track the performance of a stated stockmarket index in a single investment.

As one of the earliest index-tracking managers in the UK, LGIM understands that successful index tracking strikes a balance between close matching of the index and the management of trading costs. Their experience and expertise in this form of management means that they have become one of the UK's largest fund managers owning around 5% of the main UK stockmarket.

Please note that Scottish Friendly reserve the right to change the fund which the Scottish Friendly UK Tracker Fund links to if they believe it to be in the investor's interest. Should such a change take place these pages will be updated with the details of the new fund link.