ETFs

ETF (UCITS compliant)

L&G India INR Government Bond UCITS ETF

The L&G India INR Government Bond UCITS ETF is the first ETF in Europe to provide dedicated exposure to India government bonds, a convenient and transparent way for investors to gain exposure to the country’s growing local-currency government bond market.

ISINIE00BL6K6H97

TER0.39%

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

Fund aim

The L&G India INR Government Bond UCITS ETF (the “ETF”) aims to track the performance of the J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index (the “Index”).

Fund snapshot

  • The L&G India INR Government Bond UCITS ETF aims to provide exposure to the INR-denominated Indian government bonds that have been made eligible for investment to non-residents under the Fully Accessible Route (FAR).

Fund facts

Fund size
Base currency USD
Fund launch date 28 Oct 2021
Share class launch 28 Oct 2021
Domicile Ireland
Replication method Physical - full replication

Benchmark

J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index

Index description

J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index

The J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index aims to track the performance of eligible fixed-rate, INR-denominated Indian government bonds, that have been made eligible for investment to non-residents under the FAR.

Index data

ProviderJ.P. Morgan
Bloomberg codeGBIEINFU
Reuters code.GBIEINFU
TypeTotal Return
WebsiteGo to website

Performance

Performance for the USD Distributing unit class in USD, launched on 28 October 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: 28 Oct 2021
Benchmark: J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index
Share class launch date: 28 Oct 2021
Benchmark: J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index

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 holdings34.7%
Rest of portfolio65.3%
Number of holdings in ETF66
Number of constituents in Index46

Top 10 holdings (%)

India Government Bond 6.68% 07 Jul 404.7
India Government Bond 6.48% 06 Oct 354.0
India Government Bond 7.3% 19 Jun 533.8
India Government Bond 6.33% 05 May 353.4
India Government Bond 7.18% 24 Jul 373.3
India Government Bond 6.79% 07 Oct 343.3
India Government Bond 7.18% 14 Aug 333.1
India Government Bond 7.41% 19 Dec 363.1
India Government Bond 7.1% 08 Apr 343.1
India Government Bond 7.36% 12 Sep 523.0

Country (%)

India
87.1
Supranational
12.9

All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index. The number of fund holdings can also differ from the index due to corporate events and proxy holdings.

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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.

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
EURTIGRIE00BL6K6H97TIGR GYTIGRG.DE28/10/202109:00 - 17:30
London Stock Exchange
GBPTIGGIE00BL6K6H97TIGG LNTIGG.L28/10/202108:00 - 16:30
London Stock Exchange
USDTIGRIE00BL6K6H97TIGR LNTIGR.L28/10/202108:00 - 16:30
Borsa Italiana
EURTIGRIE00BL6K6H97TIGR IMTIGR.MI28/10/202109:00 - 17:30
SIX Swiss Exchange
CHFTIGRIE00BL6K6H97TIGR SWTIGR.S17/11/202109:00 - 17:30

Codes

ISINIE00BL6K6H97
SEDOLBL6K6H9
BloombergTIGR
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
Portugal
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.