ETFs

ETF (UCITS compliant)

L&G Battery Value-Chain UCITS ETF

USD Accumulating ETF Class

ISINIE00BF0M2Z96

TER0.49%

Fund aim

The L&G Battery Value-Chain UCITS ETF (the “ETF”) aims to track the performance of the Solactive Battery Value-Chain Index (the “Index”).

Fund snapshot

  • Long-term allocation

Long-term megatrend that we believe is radically transforming the way we live and work

  • High growth potential

Aims to capture the outsized growth potential of battery technology

  • Leveraging industry expertise

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

  • Does it promote sustainability characteristics?

The Fund promotes a range of environmental 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 15 Dec 2017
Share class launch 23 Jan 2018
Domicile Ireland
Replication method Physical - full replication

Benchmark

Solactive Battery Value-Chain Index

Index description

Solactive Battery Value-Chain Index Net TR USD

The Index aims to track the performance of a basket of stocks of companies that are providers of certain electro-chemical energy storage technologies and mining companies that produce metals used to manufacture batteries.

The Index is comprised of companies which are publically traded on various stock exchanges around the world that are either (i) mining companies that produce metals that are primarily used for manufacturing batteries or (ii) companies that develop electro-chemical energy storage technology (i.e. battery technology) and produce batteries. A “battery” is a device consisting of one or more electro-chemical cells that are capable of generating electrical energy from chemical reactions. A company is only eligible for inclusion in the Index if (1) it is of a sufficient size (determined by reference to the total market value of the proportion of its shares that are publically traded) and (2) it is sufficiently “liquid” (a measure of how actively its shares are traded on a daily basis).

The universe of companies out of which the Index selection is made is refreshed annually in May. However, the Index is reconstituted semi-annually in May and November in accordance with the full selection criteria and all companies are equally weighted within the Index. On a monthly basis, the weight of each company is assessed and, if any of them exceeds 15% of the Index, the weights of all companies are adjusted so that they are again equally weighted within the Index.

Index data

ProviderSolactive
Bloomberg codeSOLBATT
Reuters code.SOLBATT
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 23 January 2018. 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: 23 Jan 2018
Benchmark: Solactive Battery Value-Chain Index Net TR USD
Share class launch date: 23 Jan 2018
Benchmark: Solactive Battery Value-Chain Index Net TR USD

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 constituents31.7%
Rest of Index68.3%
Number of constituents in Index46

Top 10 constituents (%)

Panasonic4.1
Hitachi3.5
TDK Corporation3.3
NGK Insulators3.3
Siemens3.2
ABB2.9
Rio Tinto2.9
Sumitomo Electric Industries2.9
Caterpillar2.8
Tesla2.8

Sector (%)

Industrials
39.7
Materials
23.5
Consumer Discretionary
22.7
Information Technology
14.1

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 Battery Value-Chain Index Net Total Return (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

ExchangeCurrencyTickerISINBloombergWKNReutersListing dateTrading hours (local)
London Stock Exchange
GBPBATGIE00BF0M2Z96BATG LNA2H5GKBATG.L23/01/201808:00 - 16:30
London Stock Exchange
USDBATTIE00BF0M2Z96BATT LNA2H5GKBATT.L23/01/201808:00 - 16:30
Borsa Italiana
EURBATTIE00BF0M2Z96BATT IMA2H5GKBATT.MI19/02/201809:00 - 17:30
Deutsche Börse Xetra
EURBATEIE00BF0M2Z96BATE GYA2H5GKECBATE.DE06/02/201809:00 - 17:30
Euronext Amsterdam
EURBATTIE00BF0M2Z96BATT NAA2H5GKBATT.AS01/02/201809:00 - 17:30
SIX Swiss Exchange
CHFBATTIE00BF0M2Z96BATT SWA2H5GKBATT.S05/06/202009:00 - 17:30
Bolsa Mexicana
MXNBATTIE00BF0M2Z96BATT MMA2H5GKBATT.MX21/07/202209:00 - 17:30

Share class codes

ISINIE00BF0M2Z96
SEDOLBF0M2Z9
BloombergBATT
WKNA2H5GK

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.