L&G Gold Mining UCITS ETF
ETF (UCITS compliant)
L&G Gold Mining UCITS ETF
USD Accumulating ETF Class
ISINIE00B3CNHG25
Price
TER0.65%
ISINIE00B3CNHG25
Price
TER0.65%
Fund aim
The L&G Gold Mining UCITS ETF (the “ETF”) aims to track the performance of the Global Gold Miners Index (the “Index”).
Fund snapshot
- Sector allocation
Invest in the growth potential of the gold mining sector
- Risk-off feature
Could potentially benefit from traditional risk-off characteristics of gold
- Leveraged exposure to gold
Gold mining companies have historically offered a leveraged exposure to the price of gold
Fund facts
Fund size | $112.4m |
Base currency | USD |
Fund launch date | 29 Aug 2008 |
Domicile | Ireland |
Share class launch | 6 Nov 2008 |
Replication method | Physical - full replication |
Benchmark
STOXX Global Gold Miners NR USD
Index description
STOXX Global Gold Miners NR USD
The Index is designed to provide exposure to global companies which are actively engaged in the areas of gold mining. Gold mining covers exploration drilling, geological assessment, financing, development, extraction, initial refinement, and delivery of gold ore. The constituents of the Index are exclusively companies that generate at least 50 per cent of their revenues from gold production. The Index seeks to exclude companies which are (i) involved in the manufacturing of controversial weapons, (ii) persistent violators of the UN Global Compact, and/or (iii) pure coal mining companies. Such exclusions are determined by reference to the “Future World Protection List” (“FWPL”) published by Legal & General Investment Management Limited which is available at https://www.lgim.com/uk/en/capabilities/corporate-governance/assessing-companies-esg/.
The selection of the Index constituents is carried out by Stoxx Ltd. (the “Index Administrator”) based on gold production, market capitalisation and average daily trading volume.
Index data
Provider | Deutsche Börse |
Bloomberg code | LGIMGMNR |
Reuters code | .LGIMGMNR |
Type | Net Total Return |
Website | Go to website |
Performance
Performance scenarios
Example investment:10,000 USD
Scenarios | 1 year | (Recommended holding period) 5 years | |
---|---|---|---|
Minimum | There is no minimum guaranteed return. You could lose some or all of your investment. | ||
Stress scenario | What you might get back after costs | 800USD | 770USD |
Average return each year (%) | -91.99 | -40.11 | |
Unfavourable scenario | What you might get back after costs | 5,810USD | 7,600USD |
Average return each year (%) | -41.94 | -5.34 | |
Moderate scenario | What you might get back after costs | 10,140USD | 14,380USD |
Average return each year (%) | 1.41 | 7.54 | |
Favourable scenario | What you might get back after costs | 22,380USD | 32,010USD |
Average return each year (%) | 123.85 | 26.20 |
There is no minimum guaranteed return. You could lose some or all of your investment.
Portfolio breakdown
As at 31 Jan 2024
Top 10 constituents | 79.4% |
---|---|
Rest of Index | 20.6% |
No. of constituents in Index | 29 |
---|
Top 10 constituents (%)
Newmont | 14.5 |
Agnico-Eagle Mines | 14.5 |
Gold Fields | 11.7 |
AngloGold Ashanti | 11.6 |
Kinross Gold | 10.0 |
Northern Star | 7.9 |
Evolution Mining | 2.6 |
Pan American Silver | 2.4 |
Torex Gold Resources | 2.3 |
Lundin Gold | 2.0 |
Sector (%)
Materials | 100.0 |
Top 10 constituents | 79.4% |
---|---|
Rest of Index | 20.6% |
No. of constituents in Index | 29 |
---|
Top 10 constituents (%)
Newmont | 14.5 |
Agnico-Eagle Mines | 14.5 |
Gold Fields | 11.7 |
AngloGold Ashanti | 11.6 |
Kinross Gold | 10.0 |
Northern Star | 7.9 |
Evolution Mining | 2.6 |
Pan American Silver | 2.4 |
Torex Gold Resources | 2.3 |
Lundin Gold | 2.0 |
Sector (%)
Materials | 100.0 |
Currency (%)
CAD | 40.0 |
ZAR | 23.3 |
USD | 18.9 |
AUD | 17.8 |
Country (%)
Canada | 42.4 |
Australia | 17.8 |
United States | 16.4 |
South Africa | 11.7 |
United Kingdom | 11.6 |
All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index.
Fund managers
LGIM Index Fund Management Team
The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.
Literature
Document type
Prices
Pricing information
Price time | 16:00 EST (NY) |
Currency | USD |
Download full price history
Listings and codes
Listings
Exchange | Currency | Ticker | ISIN | Bloomberg | Reuters | Listing date | Trading hours (local) |
---|---|---|---|---|---|---|---|
Deutsche Börse Xetra | EUR | ETLX | IE00B3CNHG25 | ETLX GY | ETLX.DE | 08/06/2009 | 09:00 - 17:30 |
London Stock Exchange | GBP | AUCP | IE00B3CNHG25 | AUCP LN | AUCOP.L | 06/11/2008 | 08:00 - 16:30 |
London Stock Exchange | USD | AUCO | IE00B3CNHG25 | AUCO LN | AUCO.L | 06/11/2008 | 08:00 - 16:30 |
Borsa Italiana | EUR | AUCO | IE00B3CNHG25 | AUCO IM | AUCO.MI | 29/01/2009 | 09:00 - 17:30 |
Euronext Amsterdam | EUR | AUCO | IE00B3CNHG25 | AUCO NA | AUCO.AS | 15/09/2008 | 09:00 - 17:30 |
SIX Swiss Exchange | CHF | AUCO | IE00B3CNHG25 | AUCO SW | AUCO.S | 11/09/2012 | 09:00 - 17:30 |
Codes
ISIN | IE00B3CNHG25 |
SEDOL | B3CNHG2 |
Bloomberg | AUCO |
MEX | - |
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:
*The Fund is on the list of restricted collective investment schemes, but is not authorised or recognised by the Monetary Authority of Singapore (the “MAS”) and the Shares cannot be offered or marketed to retail clients.