ETFs

ETF (UCITS compliant)

L&G GBP Corporate Bond Screened UCITS ETF

GBP Distributing ETF Class

ISINIE00BLRPQM83

TER0.09%

Fund aim

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

Fund snapshot

  • The L&G GBP Corporate Bond Screened UCITS ETF aims to provide exposure to the Pound Sterling-denominated investment grade corporate bond market.
  • 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 GBP
Fund launch date 9 Dec 2020
Share class launch 9 Dec 2020
Domicile Ireland
Replication method Physical - optimised

Benchmark

J.P. Morgan GCI ESG Investment Grade GBP Custom Maturity Index

Index description

J.P. Morgan GCI ESG Investment Grade GBP Custom Maturity Index

The Index tracks Sterling-denominated investment grade corporate bonds across developed and emerging 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 codeGBIECIMG
Reuters code.GBIECIMG
TypeTotal Return
WebsiteGo to website

Performance

Performance for the GBP Distributing unit class in GBP, launched on 09 December 2020. 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: 09 Dec 2020
Benchmark: J.P. Morgan GCI ESG Investment Grade GBP Custom Maturity Index
Share class launch date: 09 Dec 2020
Benchmark: J.P. Morgan GCI ESG Investment Grade GBP 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 GBP

Data for the selected period isn't currently available

Portfolio breakdown

Top 10 holdings4.7%
Rest of portfolio95.3%
Number of holdings in ETF561
Number of constituents in Index615

Top 10 holdings (%)

Zurich Financial Services AG0.5
Heathrow Funding 6.45% 10 Dec 310.5
Coop Rabobank 4.625% 23 May 290.5
Cooperatieve Rabobank UA 4.875% 01 Nov 300.5
Santander UK Grp Hol. 7.098% 16 Nov 270.5
Barclays 5.851% 21 Mar 350.5
Banco Santander 2.25% 04 Oct 320.5
Securities Capital Mkts 4.8% 15 Sep 320.4
Hsbc Holdings 3% 22 Jul 280.4
Nationwide BSoc 5.532% 13 Jan 330.4

Country (%)

United Kingdom
52.6
United States
20.2
France
7.1
Netherlands
3.5
Spain
3.5
Germany
3.4
Canada
2.0
Denmark
1.6
Italy
1.2
Other
4.9

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 GCI ESG Investment Grade GBP 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)
CurrencyGBP
Monthly price history

Download full price history

Listings and codes

Listings

ExchangeCurrencyTickerISINBloombergWKNReutersListing dateTrading hours (local)
London Stock Exchange
GBPGBPCIE00BLRPQM83GBPC LNA2QJ8UGBPC.L09/12/202008:00 - 16:30
SIX Swiss Exchange
GBPGBPCIE00BLRPQM83GBPC SWA2QJ8UGBPC.S04/05/202109:00 - 17:30

Share class codes

ISINIE00BLRPQM83
SEDOLBMHMZV8
BloombergGBPC
WKNA2QJ8U

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
Switzerland
United Kingdom