L&G MSCI Europe Select UCITS ETF

ETF (UCITS compliant)
L&G MSCI Europe Select UCITS ETF
This ETF seeks to provide low carbon emission exposure.
This ETF seeks to provide low carbon emission exposure.
Fund aim
The L&G MSCI Europe Select UCITS ETF (the “Fund”) aims to track the performance of the MSCI Global Select 500 – Europe Subset (the “Index”).
Fund snapshot
- The L&G MSCI Europe Select UCITS ETF aims to provide reduced greenhouse gas emissions exposure to equity markets in Europe.
- 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 Supplement.
Fund facts
| Fund size | |
| Base currency | EUR |
| Fund launch date | 6 Aug 2019 |
| Share class launch | 17 Sep 2019 |
| Domicile | Ireland |
| Replication method | Physical - optimised |
Benchmark
MSCI Global Select 500 – Europe Subset
Index description
MSCI Global Select 500 – Europe Subset
The Index is designed to be a benchmark for European equities and measures the performance of publicly traded companies from various European countries which satisfy minimum criteria relating to liquidity and size.
The Index includes an optimisation process to:
- Reduce the weighted average greenhouse gas emissions (Scope 1 and 2) intensity relative to a company's enterprise value including cash by 6% on an annualized basis;
- Increase the weight in companies with one or more greenhouse gas emissions reduction targets approved by Science Based Targets initiative (SBTi) by 20%.
The Index also excludes companies based on the criteria outlined in the Index provider’s methodology available on the MSCI Website:
Index data
| Provider | MSCI Inc. |
| Bloomberg code | NE757106 |
| Reuters code | .NE757106 |
| Type | Net Total Return |
| Website | Go to website |
Performance
Performance scenarios
Example investment: 10,000 EUR
Portfolio breakdown
As at 30 Sep 2026
| Top 10 constituents | 23.5% |
|---|---|
| Rest of Index | 76.5% |
| Number of constituents in Index | 107 |
|---|
Top 10 constituents (%)
| ASML | 5.4 |
| HSBC Holdings | 2.6 |
| Roche | 2.4 |
| Novartis | 2.2 |
| AstraZeneca | 1.9 |
| Siemens | 1.9 |
| SAP | 1.9 |
| Nestle | 1.9 |
| Santander | 1.7 |
| Schneider Electric | 1.7 |
Sector (%)
Financials | 22.7 |
Industrials | 20.3 |
Health Care | 12.2 |
Information Technology | 9.3 |
Consumer Staples | 8.4 |
Utilities | 6.6 |
Consumer Discretionary | 6.3 |
Energy | 5.9 |
Communication Services | 4.5 |
Materials | 3.7 |
| Top 10 constituents | 23.5% |
|---|---|
| Rest of Index | 76.5% |
| Number of constituents in Index | 107 |
|---|
Top 10 constituents (%)
| ASML | 5.4 |
| HSBC Holdings | 2.6 |
| Roche | 2.4 |
| Novartis | 2.2 |
| AstraZeneca | 1.9 |
| Siemens | 1.9 |
| SAP | 1.9 |
| Nestle | 1.9 |
| Santander | 1.7 |
| Schneider Electric | 1.7 |
Sector (%)
Financials | 22.7 |
Industrials | 20.3 |
Health Care | 12.2 |
Information Technology | 9.3 |
Consumer Staples | 8.4 |
Utilities | 6.6 |
Consumer Discretionary | 6.3 |
Energy | 5.9 |
Communication Services | 4.5 |
Materials | 3.7 |
Currency (%)
EUR | 51.2 |
GBP | 23.5 |
CHF | 14.9 |
SEK | 4.4 |
NOK | 2.4 |
DKK | 1.9 |
USD | 1.7 |
Country (%)
United Kingdom | 24.1 |
Switzerland | 14.9 |
Germany | 14.1 |
France | 13.6 |
Netherlands | 9.4 |
Spain | 6.4 |
Sweden | 5.1 |
Italy | 4.3 |
Norway | 2.4 |
Other | 5.7 |
All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index. The ETF’s portfolio may deviate from the portfolio of the Index.
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 MSCI Global Select 500 – Europe Subset 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 set out below, investors are reminded that these environmental and social characteristics are not sustainable investment objectives.
The Fund promotes the above-mentioned characteristics by tracking MSCI Global Select 500 – Europe Subset 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 set out below, 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) Includes an optimisation process to:
- Reduce the weighted average greenhouse gas emissions (Scope 1 and 2) intensity relative to a company's enterprise value including cash by 6% on an annualized basis;
- Increase the weight in companies with one or more greenhouse gas emissions reduction targets approved by Science Based Targets initiative (SBTi) by 20%.
ii) The Index excludes companies that are classified by the Index Provider as being involved in ongoing, very severe ESG controversy implicating a company directly through its actions, products, or operations, as outlined in the MSCI ESG Controversies methodology which can be found on the MSCI website.
The Index excludes companies identified by MSCI ESG Business Involvement Screening Research and MSCI Climate Change Metrics that are involved in the following business activities:
Controversial Weapons:
- Companies flagged by the Controversial Weapons screen described below will be excluded if their country of classification is not a member of the North Atlantic Treaty Organisation (NATO) or Switzerland
- All companies with any tie to Controversial Weapons according to MSCI Ex-Controversial Weapons Indexes, as may be amended from time to time
Nuclear Weapons:
- Companies flagged by the Nuclear Weapons screen described below will be excluded if their country of classification is not a member of the North Atlantic Treaty Organisation (NATO) or Switzerland
- All companies involved in the manufacture of nuclear weapons or the provisions of related auxiliary services
Thermal Coal Mining: Companies that meet both of the following conditions will be excluded
- Condition 1: Science Based Targets initiative (SBTi): companies that do not have one active carbon emissions reduction target approved by the SBTi; and
- Condition 2: companies that derive 5% or more of their revenue from the mining of thermal coal and its sale to external parties, excluding revenue generated from the use of metallurgical coal and coal mined for internal power generation.
Thermal Coal Power: Companies that meet both of the following conditions will be excluded
- Condition 1: Science Based Targets initiative (SBTi): companies that do not have one active carbon emissions reduction target approved by the SBTi; and
- Condition 2: companies that also meet one or more of the following criteria:
- derive 5% or more of their revenue from thermal coal-based power generation; or
- have 5% or more of their capacity attributed to thermal coal-based power generation; or
- generate 5% or more of their power from thermal coal.
Such exclusions and the definition of "involvement" are determined by the Index Provider and disclosed in further detail the MSCI website.
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 MSCI 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) |
|---|---|---|---|---|---|---|---|---|
| London Stock Exchange | EUR | RIEU | IE00BKLTRN76 | RIEU LN | A2PRHB | RIEU.L | 17/09/2019 | 08:00 - 16:30 |
| London Stock Exchange | GBP | RIEG | IE00BKLTRN76 | RIEG LN | A2PRHB | RIEG.L | 17/09/2019 | 08:00 - 16:30 |
| Borsa Italiana | EUR | RIEU | IE00BKLTRN76 | RIEU IM | A2PRHB | RIEU.MI | 19/11/2019 | 09:00 - 17:30 |
| Deutsche Börse Xetra | EUR | DELF | IE00BKLTRN76 | DELF GY | A2PRHB | RIEU.DE | 27/01/2020 | 09:00 - 17:30 |
| SIX Swiss Exchange | CHF | RIEU | IE00BKLTRN76 | RIEU SW | A2PRHB | RIEU.SW | 15/08/2023 | 09:00 - 17:30 |
Share class codes
| ISIN | IE00BKLTRN76 |
| SEDOL | BKLTRN7 |
| Bloomberg | RIEU |
| WKN | A2PRHB |
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:


















