ETFs

ETF (UCITS compliant)

L&G Digital Payments UCITS ETF

An investment strategy focused on the growth potential of digital payment technologies and the global transition to a cashless economy.

ISINIE00BF92J153

TER0.49%

(German)(German)(English)(English)

Fund aim

The L&G Digital Payments UCITS ETF (the "ETF") aims to track the performance of the Solactive Digital Payments Index NTR (the “Index”).

Fund snapshot

  • Long-term allocation

Long-term megatrend that we believe is radically transforming the way we make payments

  • High growth potential

Aims to capture the outsized growth potential of global digital payments

  • Leveraging industry expertise

An index tracking investment strategy that is supported by a team of payments experts

  • Does it promote sustainability characteristics?

The Fund promotes a range of environmental and social characteristics which are met by tracking the Index. Further information on how such characteristics are met by the Fund can be found in the Fund Supplement.

Fund facts

Fund size
Base currency USD
Fund launch date 25 May 2021
Share class launch 25 May 2021
Domicile Ireland
Replication method Physical - full replication

Benchmark

Solactive Digital Payments Index

Index description

Solactive Digital Payments Index NTR

The Index is designed to provide exposure to equity securities of global companies that are actively engaged in the digital payments ecosystem. The digital payments ecosystem consists of the card payment and the cardless open-banking payment ecosystems.

The index universe encompasses companies that are actively engaged in the value-chain of digital payments, which includes payment acquirer, card issuers, payment gateways, payment processors, payment technology providers, and cardless payment service providers.

A company is only eligible for inclusion in the Index if it is of a sufficient size (determined by reference to the total market value of its shares that are publically traded) and it is sufficiently "liquid" (a measure of how actively its shares are traded on a daily basis). Moreover, the Index excludes certain companies: (a) that derive substantial revenues from coal mining; (b) involved in the production of controversial weapons; or (c) that, for a continuous period of three years, have been classified as being in breach of at least one of the UN Global Compact principles, which is a set of globally accepted standards on human rights, labour, environment and corruption.

The universe of companies out of which the Index selection is made is refreshed semi-annually in June and December. All constituents of the Index are equally weighted within the Index subject to certain liquidity based weight caps made to ensure that securities with lower liquidity are not overly represented in the Index. On a monthly basis, the weight of each company is assessed and, if any of them exceed 15% of the index, the weights of all companies are adjusted so that they are again equally weighted subject to liquidity constraints within the Index.

Index data

ProviderSolactive
Bloomberg codeSOLDPAY
Reuters code.SOLDPAY
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 25 May 2021. Source: Lipper. Performance assumes all ETF charges have been taken and that all income generated by the investments, after deduction of tax, remains in the ETF.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. The tables and charts above shows the fund's performance as the percentage loss or gain per year over the last 10 years.
Share class launch date: 25 May 2021
Benchmark: Solactive Digital Payments Index NTR
Share class launch date: 25 May 2021
Benchmark: Solactive Digital Payments Index NTR

Performance scenarios

The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back.
What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted.
The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product with input from the over the last 10 years. Markets could develop very differently in the future.

Example investment: 10,000 USD

Data for the selected period isn't currently available

Portfolio breakdown

Top 10 constituents31.6%
Rest of Index68.4%
Number of constituents in Index39

Top 10 constituents (%)

Payoneer3.6
Global-E Online Ltd3.4
OneSpan3.3
Paypal3.1
Q2 Holdings3.1
dLocal3.1
Nexi3.1
Edenred3.0
ACI Worldwide3.0
Credit Saison3.0

Sector (%)

Financials
80.7
Information Technology
15.9
Consumer Discretionary
3.4

All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index. The ETF’s portfolio may deviate from the portfolio of the Index.

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Fund managers

L&G Index Fund Management Team headshot

L&G Index Fund Management Team

The skill set and expertise we have developed over 35+ years in index management has allowed us to continuously evolve our investment processes. The Index Fund Management team comprises 30 fund managers with an average experience of 15 years, supported by 33 broader team members. Management oversight is provided by Dave Barron, Global Head of Index, ETFs & Systematic Solutions. The team also has full access to the resources and research of other specialists within L&G, including economists and strategists.

SFDR categorisation

Environmental characteristics
Social characteristics

The Fund promotes the above-mentioned characteristics by tracking the Solactive Digital Payments Index NTR (the “Index”), which is a designated reference benchmark for the purpose of attaining the environmental and social characteristics promoted by the Fund. Whilst environmental and social characteristics are promoted through the application of the sustainability-related investment strategy, investors are reminded that these environmental and social characteristics are not sustainable investment objectives.

Literature

Prices

Pricing information

Price time16:00 EST (NY)
CurrencyUSD
Monthly price history

Download full price history

Listings and codes

Listings

ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
Deutsche Börse Xetra
EURDPGAIE00BF92J153DPGA GYDPGA.DE25/05/202109:00 - 17:30
London Stock Exchange
GBPDPAGIE00BF92J153DPAG LNDPAG.L25/05/202108:00 - 16:30
London Stock Exchange
USDDPAYIE00BF92J153DPAY LNDPAY.L25/05/202108:00 - 16:30
Borsa Italiana
EURDPAYIE00BF92J153DPAY IMDPAY.MI25/05/202109:00 - 17:30
SIX Swiss Exchange
CHFDPAYIE00BF92J153DPAY SWDPAY.S17/11/202109:00 - 17:30

Codes

ISINIE00BF92J153
SEDOLBF3TMC4
BloombergDPAY
MEX-

Dealing information

IssuerLegal & General UCITS ETF Plc
Depositary and TrusteeThe Bank of New York Mellon SA/NV, Dublin Branch
Securities regulatorCentral Bank of Ireland

Country registration

This share class is registered for sale in the following countries:

Austria
Denmark
Finland
France
Germany
Ireland
Italy
Luxembourg
Netherlands
Norway
Singapore*
Spain
Sweden
Switzerland
United Kingdom

* The Fund is on the list of restricted collective investment schemes, but is not authorised or recognised by the Monetary Authority of Singapore (the “MAS”) and the Shares cannot be offered or marketed to retail clients.