L&G New Energy Commodities UCITS ETF

ETF (UCITS compliant)
L&G New Energy Commodities UCITS ETF
USD Accumulating ETF Class
Fund aim
The L&G New Energy Commodities UCITS ETF (the “Fund”) aims to track the performance of the Solactive Energy Transition Commodity TR Index (the “Index”).
Fund snapshot
- Transition metals exposure Futures on transition metals, which are used in clean energy generation, storage and distribution equipment.
- Transition energy exposure Futures on transition energy, which emits less carbon than most other fossil fuels and can help overcome peak energy demand and the challenge of ‘hard to abate’ sectors.
- Carbon exposure Allocation to an exchange listed certificate (the "Certificate") which provides exposure to an index of global carbon futures. Carbon pricing makes polluting less profitable and incentivises the switch to low- and no-carbon activities.
Fund facts
| Fund size | |
| Base currency | USD |
| Fund launch date | 17 Apr 2024 |
| Share class launch | 17 Apr 2024 |
| Domicile | Ireland |
| Replication method | Synthetic - unfunded swap backed by collateral |
Benchmark
Solactive Energy Transition Commodity TR Index
Index description
Solactive Energy Transition Commodity Index
The Index provides a return equivalent to a fully “collateralised” investment in a diversified portfolio of commodity futures and transferable securities with a view to providing exposure to the prices of: (1) transition metals; (2) transition energy; and (3) carbon.
The index rolls systematically into commodity futures with different expiry dates of up to 1 year, selecting specific contracts based on shape of the futures curve or other idiosyncratic properties.
In addition to returns generated by the commodity strategy, the Index includes the returns on cash collateral invested in the Secured Overnight Financing Rate ("SOFR") in order to represent a fully collateralised investment.
Index data
| Provider | Solactive |
| Bloomberg code | SOLENTCT |
| Reuters code | .SOLENTCT |
| Type | Total Return |
| Website | Go to website |
Performance
Performance scenarios
Example investment: 10,000 USD
Portfolio breakdown
As at 30 Sep 2026
| Top 10 constituents | 70.7% |
|---|---|
| Rest of Index | 29.3% |
| Number of constituents in Index | 18 |
|---|
Top 10 constituents (%)
| Copper | 8.6 |
| Aluminium | 8.6 |
| Nickel | 8.6 |
| Lithium | 8.6 |
| Cobalt | 8.6 |
| Ethanol | 6.1 |
| Natural Gas NG | 6.1 |
| Natural Gas TTF | 6.1 |
| European Carbon Allowances (EUAs) | 5.4 |
| Gold | 4.3 |
Sector (%)
Critical Metals | 42.8 |
Supporting Metals | 30.0 |
Transition Energy | 18.2 |
Carbon pricing | 9.0 |
| Top 10 constituents | 70.7% |
|---|---|
| Rest of Index | 29.3% |
| Number of constituents in Index | 18 |
|---|
Top 10 constituents (%)
| Copper | 8.6 |
| Aluminium | 8.6 |
| Nickel | 8.6 |
| Lithium | 8.6 |
| Cobalt | 8.6 |
| Ethanol | 6.1 |
| Natural Gas NG | 6.1 |
| Natural Gas TTF | 6.1 |
| European Carbon Allowances (EUAs) | 5.4 |
| Gold | 4.3 |
Sector (%)
Critical Metals | 42.8 |
Supporting Metals | 30.0 |
Transition Energy | 18.2 |
Carbon pricing | 9.0 |
Commodity (%)
Copper | 8.6 |
Aluminium | 8.6 |
Nickel | 8.6 |
Lithium | 8.6 |
Cobalt | 8.6 |
Ethanol | 6.1 |
Natural Gas NG | 6.1 |
Natural Gas TTF | 6.1 |
EUAs | 5.4 |
Other | 33.6 |
All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index.
Fund managers
ETF Investment Management Team
Legal & General Investment Management Limited is the investment manager for this ETF and is responsible for its day-to-day investment management decisions. The team is highly experienced with respect to all aspects relating to the management of an ETF portfolio, including collateral management, OTC swap trading, adherence to UCITS regulations and counterparty exposure and monitoring.
SFDR categorisation
Article 8
The Fund promotes the above-mentioned characteristic by tracking the Solactive Energy Transition Commodity TR Index (the “Index”), which is a designated reference benchmark for the purpose of attaining the environmental characteristic promoted by the Fund. Whilst the environmental characteristic is promoted through the application of the investment strategy of the Fund, investors are reminded that this environmental characteristic is not a sustainable investment objective.
The Fund promotes the above-mentioned characteristic by tracking the Solactive Energy Transition Commodity TR Index (the “Index”), which is a designated reference benchmark for the purpose of attaining the environmental characteristic promoted by the Fund. Whilst the environmental characteristic is promoted through the application of the investment strategy of the Fund, investors are reminded that this environmental characteristic is not a sustainable investment objective.
The Fund gains exposure to the Index through unfunded swaps, and as such the Fund promotes the same environmental characteristic as that of the Index. The Fund promotes the environmental characteristic through the following investment strategy:
Literature
Document type
Prices
Pricing information
| Price time | 16:00 EST (NY) |
| Currency | USD |
Listings and codes
Listings
| Exchange | Currency | Ticker | ISIN | Bloomberg | WKN | Reuters | Listing date | Trading hours (local) |
|---|---|---|---|---|---|---|---|---|
| London Stock Exchange | USD | ENTR | IE000BLN64M9 | ENTR LN | A3ECML | ENTR.L | 17/04/2024 | 08:00 - 16:30 |
| London Stock Exchange | GBP | ETRA | IE000BLN64M9 | ETRA LN | A3ECML | ETRA.L | 17/04/2024 | 08:00 - 16:30 |
| Borsa Italiana | EUR | ENTR | IE000BLN64M9 | ENTR IM | A3ECML | ENTR.MI | 17/04/2024 | 09:00 - 17:30 |
| Deutsche Börse Xetra | EUR | ENTR | IE000BLN64M9 | ENTR GY | A3ECML | ENTRG.DE | 17/04/2024 | 09:00 - 17:30 |
| SIX Swiss Exchange | USD | ENTR | IE000BLN64M9 | ENTR SW | A3ECML | ENTR.S | 17/04/2024 | 09:00 - 17:30 |
Share class codes
| ISIN | IE000BLN64M9 |
| SEDOL | BNM09H8 |
| Bloomberg | ENTR |
| WKN | A3ECML |
Dealing information
| Issuer | Legal & General UCITS ETF Plc |
| Depositary and Trustee | The Bank of New York Mellon SA/NV, Dublin Branch |
| Securities regulator | Central Bank of Ireland |
Country registration
This share class is registered for sale in the following countries:
* 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.



















