ETFs

ETF (UCITS compliant)

L&G USD Corporate Bond Screened UCITS ETF

EUR Hedged Accumulating ETF Class

ISINIE000NA8E2W0

TER0.12%

Fund aim

The L&G USD Corporate Bond Screened UCITS ETF (the "ETF") aims to track the performance of the J.P. Morgan Global Credit Index (GCI) ESG Investment Grade USD Custom Maturity Index (the “Index”).

Fund snapshot

  • The L&G USD Corporate Bond Screened UCITS ETF aims to provide exposure to US Dollar-denominated investment grade corporate bonds issued by developed market issuers.
  • The Fund will invest more in companies with higher ESG scores, and will also invest in companies with lower ESG scores, but by a reduced amount.
  • Does it promote sustainability characteristics? The Fund promotes a range of environmental and social 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 21 Jan 2021
Share class launch 10 Jul 2024
Domicile Ireland
Replication method Physical - optimised

Benchmark

J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index

Index description

J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index

The Index tracks US Dollar-denominated investment grade corporate bonds across developed market issuers. The index applies an ESG scoring and screening methodology to tilt toward issuers ranked higher on ESG criteria and green bond issues, and to underweight and exclude issuers that rank lower.

Index data

ProviderJ.P. Morgan
Bloomberg codeJPEIIUCM
Reuters code.JPEIIUCM
TypeTotal Return
WebsiteGo to website

Performance

Performance for the EUR Hedged Accumulating unit class in EUR, launched on 10 July 2024. 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: 10 Jul 2024
Benchmark: J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index
Share class launch date: 10 Jul 2024
Benchmark: J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity 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 EUR

Data for the selected period isn't currently available

Portfolio breakdown

Top 10 holdings3.6%
Rest of portfolio96.4%
Number of holdings in ETF1,578
Number of constituents in Index7,773

Top 10 holdings (%)

Mitsubishi Financial 2.341% 19 Jan 280.4
US Bank NA/Cincinnati 4.507% 22 Oct 270.4
Citibank NA 4.576% 29 May 270.4
AU & NZ Banking Group 4.615% 16 Dec 290.4
Antero Resources 5.375% 01 Mar 300.4
Credit Agricole 5.862% 09 Jan 360.4
Truist Bank 4.632% 17 Sep 290.4
National AUS Bank 3.933% 02 Aug 340.3
BPCE 2.7% 01 Oct 290.3
Banque Federative 5.106% 15 Jan 360.3

Country (%)

United States
76.7
United Kingdom
4.7
Japan
3.4
Canada
3.3
France
2.4
Australia
1.8
Germany
1.5
Switzerland
1.2
Netherlands
1.1
Other
4.1

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.

SFDR categorisation

Environmental characteristics
Social characteristics

The Fund promotes the above-mentioned characteristics by tracking the J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index (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)
CurrencyEUR
Monthly price history

Download full price history

Listings and codes

Listings

ExchangeCurrencyTickerISINBloombergWKNReutersListing dateTrading hours (local)
Deutsche Börse Xetra
EURUSAHIE000NA8E2W0USAH GYA40F8UUSAH.DE10/07/202409:00 - 17:30

Share class codes

ISINIE000NA8E2W0
SEDOLBS3FPZ7
BloombergUSAH
WKNA40F8U

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
Spain
Sweden
United Kingdom