05 Aug 2026
RSMR fund ratings are more than just a badge of quality — they represent trust, due diligence, and a reputation built on rigorous research and expert analysis. Every month we study the universe of funds in the investment marketplace to assess whether they meet our exacting standards and should be given the RSMR seal of approval.
Here are the new rated funds from our July review:
The Capital Group New Economy (LUX) strategy was launched in December 1983 with the Luxembourg SICAV fund launching in November 2019.
The fund’s objective is to achieve long-term growth of capital by investing in securities of companies that can benefit from innovation, exploit new technologies, or provide products and services that meet the demands of an evolving global economy.
The fund seeks innovative companies as a source of durable long-term growth, taking a bottom up and diversified approach using the Capital System of a research analyst team with a number of fund managers operating independent sleeves of the portfolio.
The approach of combining a strong analyst team for idea generation (they themselves manage part of the portfolio) with a number of fund managers is very different to most funds in the retail space, using to the full the excellent their research driven knowledge of individual stocks and industries.
Click here to read the factsheet for the Capital Group New Economy (LUX) (Offshore) fund
The L&G Global Aggregate Bond Index Fund provides diversified exposure to global investment grade fixed income markets through a portfolio of government, government-related, corporate and securitised bonds. The strategy aims to track the performance of the Bloomberg Global Aggregate 500MM Index using an optimised sampling approach, which supports close alignment with the benchmark while maintaining trading efficiency across a large and diverse investment universe.
Rather than pursuing full index replication, LGIM employs a pragmatic implementation process that balances tracking accuracy with cost efficiency. Portfolio construction and trading are supported by proprietary risk systems, ongoing research and a dedicated global trading team. This enables the manager to handle index changes effectively, reduce transaction costs and maintain tight control of tracking error. The fund does not undertake securities lending, reflecting LGIM's emphasis on transparency and limiting additional counterparty risk for investors.
RSMR rates the fund because of its disciplined and well-established index management process, strong implementation capabilities and robust risk controls. Combined with LGIM's extensive experience in passive fixed income investing, these strengths provide confidence in the fund's ability to deliver efficient benchmark tracking over the long term.
Click here to read the factsheet for the L&G Global Aggregate Bond Index fund
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The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested.