ETFs

ETF (UCITS compliant)

L&G Russell 2000 US Small Cap Quality UCITS ETF

USD Accumulating ETF Class

ISINIE00B3CNHJ55

TER0.30%

Fund aim

The L&G Russell 2000 US Small Cap Quality UCITS ETF (the “ETF”) aims to track the performance of the Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index (the “Index”).

Fund snapshot

  • Sector allocation

Invest in the growth potential of US small caps

  • Diversification

Diversify a US large cap portfolio with a broad basket of 2,000 US small caps

Fund facts

Fund size
Base currency USD
Fund launch date 29 Aug 2008
Share class launch 25 Sep 2008
Domicile Ireland
Replication method Physical - optimised

Benchmark

Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index

Index description

Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index

The Index measures the performance of a basket of stocks within the small-capitalisation segment of the U.S. equity market. The Index derives its universe from the Russell 2000 Index which includes approximately 2000 of the smallest securities based on a combination of their market capitalisation and current index membership. The Index then applies a quality tilt by adjusting the market cap weight of those constituents with better quality characteristics upwards and adjusting the market cap weights of those with poorer quality characteristics downwards such the target active quality factor exposure, set at 0.4, is achieved. Securities with a weight of less than 2 basis points are removed from the Index. Quality factor is defined as a composite measure of a company’s profitability and leverage and is determined by FTSE International Limited (the “Index Administrator”) using a rules-based approach, as further described in the index methodology document.

Index data

ProviderFTSE Russell
Bloomberg codeR2QTEN
Reuters code.TFTR2QTENU
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 25 September 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: 25 Sep 2008
Benchmark: Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index
Share class launch date: 25 Sep 2008
Benchmark: Russell 2000 0.4 Quality Target Exposure Factor Net Tax 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 constituents5.5%
Rest of Index94.5%
Number of constituents in Index1,021

Top 10 constituents (%)

Brinker International0.7
Moelis & Company0.7
Twist Bioscience0.6
Krystal Biotech0.6
10x Genomics0.5
Dave Inc0.5
Ssr Mining0.5
InterDigital0.5
Alkermes0.5
CareTrust REIT0.5

Sector (%)

Financials
19.9
Health Care
19.8
Information Technology
13.6
Industrials
13.6
Consumer Discretionary
9.5
Energy
7.0
Real Estate
5.6
Materials
4.0
Utilities
2.8
Other
4.2

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
GBPRTWPIE00B3CNHJ55RTWP LNA0Q8H2RTWP.L06/11/200808:00 - 16:30
London Stock Exchange
USDRTWOIE00B3CNHJ55RTWO LNA0Q8H2RTWO.L06/11/200808:00 - 16:30
Borsa Italiana
EURRTWOIE00B3CNHJ55RTWO IMA0Q8H2RTWO.MI29/01/200909:00 - 17:30
Deutsche Börse Xetra
EURETLZIE00B3CNHJ55ETLZ GYA0Q8H2ETLZ.DE04/12/200809:00 - 17:30
Euronext Amsterdam
EURRTWOIE00B3CNHJ55RTWO NAA0Q8H2RTWO.AS15/09/200809:00 - 17:30
SIX Swiss Exchange
USDRTWOIE00B3CNHJ55RTWO SWA0Q8H2RTWO.S31/01/202409:00 - 17:30

Share class codes

ISINIE00B3CNHJ55
SEDOLB3CJZ88
BloombergRTWO
WKNA0Q8H2

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
Spain
Sweden
Switzerland
United Kingdom