ETFs

ETF (UCITS compliant)

L&G Gerd Kommer Multifactor Equity UCITS ETF

A diversified multifactor equity fund offering exposure to developed markets (DMs) and emerging markets (EMs) and small-, medium- and large-caps.

ISINIE0001UQQ933

TER0.45%

(Italian)(English)(Italian)(English)(English)

TER reduction: Effective 15/12/2025 the TER of the Gerd Kommer Multifactor Equity UCITS ETF has been cut from 50bps to 45bps.

Fund aim

The L&G Gerd Kommer Multifactor Equity UCITS ETF (the “Fund”) aims to track the performance of the Solactive Gerd Kommer Multifactor Equity Index NTR (the “Index”).

Fund snapshot

  • The L&G Gerd Kommer Multifactor Equity UCITS ETF aims to provide exposure to the equity market in the developed and emerging market countries globally where weights are tilted by reference to certain factors.
  • 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 15 Jun 2023
Share class launch 21 Jun 2023
Domicile Ireland
Replication method Physical - optimised

Benchmark

Solactive Gerd Kommer Multifactor Equity Index NTR

Index description

Solactive Gerd Kommer Multifactor Equity Index NTR

The Solactive Gerd Kommer Multifactor Equity Index NTR is designed to provide exposure to the equity market in the developed and emerging market countries globally which is weighted by reference to certain factors.

Each security in the Index is weighted having regard to the free float market capitalisation of the security, the nominal gross domestic product of the country of the security and exposure of each security to the following factors:

Value: a measure of whether the price of a company’s shares is indicative of good value by reference to the company’s price to book value per share ratio, price to earnings per share ratio and enterprise value to EBITDA (earnings before interest, taxes, depreciation, and amortization, used as an indicator of the overall profitability of a business); 
Quality: a measure of certain characteristics of a company indicative of quality such as asset turnover, profitability, debt coverage ratio and a return on the company’s assets;
Size: smaller capitalisation constituents are assigned a higher size score;
Momentum: a measure of a company’s recent relative stock price performance; and
Investment: a company’s total assets relative to its total assets in the previous year

Index data

ProviderSolactive
Bloomberg codeSOLGERD
Reuters code.SOLGERD
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 21 June 2023. 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.
Share class launch date: 21 Jun 2023
Benchmark: Solactive Gerd Kommer Multifactor Equity Index NTR
Share class launch date: 21 Jun 2023
Benchmark: Solactive Gerd Kommer Multifactor Equity Index NTR

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 constituents10.0%
Rest of Index90.0%
Number of constituents in Index5,330

Top 10 constituents (%)

Microsoft1.3
Micron Technology1.1
NVIDIA1.1
Meta Platforms1.1
Apple1.0
Taiwan Semiconductor1.0
Mastercard Inc-Class A1.0
Visa Inc0.9
Advanced Micro Devices0.8
ASML0.7

Sector (%)

Information Technology
24.0
Financials
20.5
Industrials
11.0
Health Care
8.8
Consumer Discretionary
7.7
Communication Services
7.4
Materials
6.0
Energy
5.5
Consumer Staples
4.4
Other
4.7

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.

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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 Solactive Gerd Kommer Multifactor Equity Index NTR (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)
CurrencyUSD
Monthly price history

Download full price history

Listings and codes

Listings

ExchangeCurrencyTickerISINBloombergWKNReutersListing dateTrading hours (local)
Borsa Italiana
EURGERDIE0001UQQ933GERD IMWELT0AGERD.MI15/04/202509:00 - 17:30
London Stock Exchange
USDGERDIE0001UQQ933GERD LNWELT0ALGGERD.L17/04/202608:00 - 16:30
Deutsche Börse Xetra
EURGERDIE0001UQQ933GERD GYWELT0AGERD.DE21/06/202309:00 - 17:30
SIX Swiss Exchange
CHFGERDIE0001UQQ933GERD SWWELT0AGERD.SW15/08/202309:00 - 17:30

Share class codes

ISINIE0001UQQ933
SEDOLBM8GD60
BloombergGERD
WKNWELT0A

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
Liechtenstein
Luxembourg
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
United Kingdom