ETFs

ETF (UCITS compliant)

L&G Gold Mining UCITS ETF

USD Accumulating ETF Class

ISINIE00B3CNHG25

TER0.55%

(English)(Spanish)(English)(English)

Fund aim

The L&G Gold Mining UCITS ETF (the “ETF”) aims to track the performance of the Global Gold Miners Index (the “Index”).

Fund snapshot

  • Sector allocation

Invest in the growth potential of the gold mining sector

  • Risk-off feature

Could potentially benefit from traditional risk-off characteristics of gold

  • Leveraged exposure to gold

Gold mining companies have historically offered a leveraged exposure to the price of gold

Fund facts

Fund size
Base currency USD
Fund launch date 29 Aug 2008
Share class launch 6 Nov 2008
Domicile Ireland
Replication method Physical - full replication

Benchmark

Global Gold Miners Index NTR

Index description

Global Gold Miners Index NTR

The Index is designed to provide exposure to global companies which are actively engaged in the areas of gold mining. Gold mining covers exploration drilling, geological assessment, financing, development, extraction, initial refinement, and delivery of gold ore. The constituents of the Index are exclusively companies that generate at least 50 per cent of their revenues from gold production. The Index seeks to exclude companies which are (i) involved in the manufacturing of controversial weapons, (ii) persistent violators of the UN Global Compact, and/or (iii) pure coal mining companies. Such exclusions are determined by reference to the “Future World Protection List” (“FWPL”) published by Legal & General Investment Management Limited which is available at https://www.lgim.com/uk/en/capabilities/corporate-governance/assessing-companies-esg/.

The selection of the Index constituents is carried out by Stoxx Ltd. (the “Index Administrator”) based on gold production, market capitalisation and average daily trading volume.

Index data

ProviderDeutsche Börse
Bloomberg codeLGIMGMNR
Reuters code.LGIMGMNR
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 06 November 2008. 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: 06 Nov 2008
Benchmark: Global Gold Miners Index NTR
Share class launch date: 06 Nov 2008
Benchmark: Global Gold Miners 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 constituents68.0%
Rest of Index32.0%
Number of constituents in Index44

Top 10 constituents (%)

Newmont16.1
Agnico-Eagle Mines11.3
AngloGold Ashanti9.5
Gold Fields6.4
Northern Star6.0
Kinross Gold5.4
Harmony Gold4.8
B2gold3.5
IAMGOLD2.6
Evolution Mining2.5

Sector (%)

Materials
100.0

All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to 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.

Literature

Prices

Pricing information

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

Download full price history

Please note that a maximum of 10 years price history is available.

Listings and codes

Listings

ExchangeCurrencyTickerISINBloombergWKNReutersListing dateTrading hours (local)
London Stock Exchange
GBPAUCPIE00B3CNHG25AUCP LNA0Q8HZAUCOP.L06/11/200808:00 - 16:30
London Stock Exchange
USDAUCOIE00B3CNHG25AUCO LNA0Q8HZAUCO.L06/11/200808:00 - 16:30
Borsa Italiana
EURAUCOIE00B3CNHG25AUCO IMA0Q8HZAUCO.MI29/01/200909:00 - 17:30
Deutsche Börse Xetra
EURETLXIE00B3CNHG25ETLX GYA0Q8HZETLX.DE08/06/200909:00 - 17:30
Euronext Amsterdam
EURAUCOIE00B3CNHG25AUCO NAA0Q8HZAUCO.AS15/09/200809:00 - 17:30
SIX Swiss Exchange
CHFAUCOIE00B3CNHG25AUCO SWA0Q8HZAUCO.S11/09/201209:00 - 17:30
Bolsa Mexicana
MXNAUCONIE00B3CNHG25AUCON MMA0Q8HZAUCON.MX30/05/202409:00 - 17:30

Share class codes

ISINIE00B3CNHG25
SEDOLB3CJVD5
BloombergAUCO
WKNA0Q8HZ

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.