L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF

ETF (UCITS compliant)
L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF
EUR Hedged Accumulating ETF Class
Fund aim
The L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF (the “Fund”) aims to track the performance of the J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index (the “Index”).
Fund snapshot
The L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF aims to provide exposure to highly rated Euro and/or US Dollar-denominated corporate bonds with short duration, excluding bank issuers.
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 | 17 Oct 2024 |
| Share class launch | 17 Oct 2024 |
| Domicile | Ireland |
| Replication method | Physical - optimised |
Benchmark
J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index
Index description
J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index
The Index measures the performance of certain Euro and/or US Dollar-denominated corporate bonds rated A-equivalent or above, maturing within the next 3 months to 2 years and issued by developed market issuers, excluding banks, and any issuer with “Bank” in the name.
The Index also (i) excludes issuers with a level of revenue determined by the index provider from thermal coal, oil sands, tobacco, alcohol, gambling, adult entertainment, controversial weapons, small arms, and military contracting, and (ii) excludes issuers not in compliance with the United Nations Global Compact principles, as determined by the Index provider’s methodology.
Further detail is disclosed in the Index provider’s methodology available on the JP Morgan Website: JP Morgan Website.
Index data
| Provider | J.P. Morgan |
| Bloomberg code | JPEIGKTU |
| Reuters code | .JPEIGKTU |
| Type | Total Return |
| Website | Go to website |
Performance
Performance scenarios
Example investment: 10,000 EUR
Portfolio breakdown
As at 30 Sep 2026
| Top 10 holdings | 5.0% |
|---|---|
| Rest of portfolio | 95.0% |
| Number of holdings in ETF | 619 |
|---|---|
| Number of constituents in Index | 898 |
Top 10 holdings (%)
| Pfizer Investment 4.45% 19 May 28 | 0.8 |
| Mars 4.6% 01 Mar 28 | 0.6 |
| Amazon.com 3.15% 22 Aug 27 | 0.6 |
| Salesforce 3.7% 11 Apr 28 | 0.5 |
| Microsoft 3.3% 06 Feb 27 | 0.5 |
| Meta Platforms 3.5% 15 Aug 27 | 0.5 |
| Gilead Sciences 4.25% 20 May 28 | 0.5 |
| Eni 4.3% 10 Feb 28 | 0.5 |
| Boston Scientific 0.625% 01 Dec 27 | 0.5 |
Country (%)
United States | 74.1 |
Germany | 9.1 |
United Kingdom | 4.8 |
France | 4.8 |
Italy | 1.2 |
Japan | 1.2 |
Canada | 0.9 |
Norway | 0.8 |
Netherlands | 0.8 |
Other | 2.4 |
| Top 10 holdings | 5.0% |
|---|---|
| Rest of portfolio | 95.0% |
| Number of holdings in ETF | 619 |
|---|---|
| Number of constituents in Index | 898 |
Top 10 holdings (%)
| Pfizer Investment 4.45% 19 May 28 | 0.8 |
| Mars 4.6% 01 Mar 28 | 0.6 |
| Amazon.com 3.15% 22 Aug 27 | 0.6 |
| Salesforce 3.7% 11 Apr 28 | 0.5 |
| Microsoft 3.3% 06 Feb 27 | 0.5 |
| Meta Platforms 3.5% 15 Aug 27 | 0.5 |
| Gilead Sciences 4.25% 20 May 28 | 0.5 |
| Eni 4.3% 10 Feb 28 | 0.5 |
| Boston Scientific 0.625% 01 Dec 27 | 0.5 |
Country (%)
United States | 74.1 |
Germany | 9.1 |
United Kingdom | 4.8 |
France | 4.8 |
Italy | 1.2 |
Japan | 1.2 |
Canada | 0.9 |
Norway | 0.8 |
Netherlands | 0.8 |
Other | 2.4 |
Years to maturity (%)
0 - 1 Years | 52.6 |
1 - 2 Years | 47.4 |
Credit rating (%)
| AAA | 1.8 | |
| AA | 21.7 | |
| A+ | 0.3 | |
| A | 75.9 | |
| BBB | 0.3 |
Currency (%)
USD | 73.0 |
EUR | 27.0 |
All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding.
Fund managers

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
Article 8
The Fund promotes the above-mentioned characteristics by tracking J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped 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 ESG investment strategy, investors are reminded that these environmental and social characteristics are not sustainable investment objectives.
The Fund promotes the above-mentioned characteristics by tracking J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped 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 ESG investment strategy, investors are reminded that these environmental and social characteristics are not sustainable investment objectives.
The Fund follows the ESG investment strategy as described below by tracking the Index that:
(i) excludes issuers with a level of revenue determined by the index provider from thermal coal, oil sands, tobacco, alcohol, gambling, adult entertainment, controversial weapons, small arms, and military contracting, and
(ii) excludes issuers not in compliance with the United Nations Global Compact principles, as determined by the Index provider’s methodology.
The Index is consistent with the environmental and social characteristics of the Fund by providing exposure to such securities of issuers in accordance with the Index methodology described above and disclosed in further detail on the JP Morgan Website: JP Morgan Website
Literature
Document type
Prices
Pricing information
| Price time | 16:00 EST (NY) |
| Currency | EUR |
Listings and codes
Listings
| Exchange | Currency | Ticker | ISIN | Bloomberg | WKN | Reuters | Listing date | Trading hours (local) |
|---|---|---|---|---|---|---|---|---|
| Borsa Italiana | EUR | XBHE | IE000YMQ2SC9 | XBHE IM | A40E7Q | XBHE.MI | 17/10/2024 | 09:00 - 17:30 |
| Deutsche Börse Xetra | EUR | XBHE | IE000YMQ2SC9 | XBHE GY | A40E7Q | XBHE.DE | 17/10/2024 | 09:00 - 17:30 |
| SIX Swiss Exchange | EUR | XBHE | IE000YMQ2SC9 | XBHE SW | A40E7Q | XBHE.S | 24/10/2024 | 09:00 - 17:30 |
Share class codes
| ISIN | IE000YMQ2SC9 |
| SEDOL | BS3FPW4 |
| Bloomberg | XBHE |
| WKN | A40E7Q |
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:


















