ETFs

ETF (UCITS compliant)

L&G Clean Water UCITS ETF

USD Accumulating ETF Class

ISINIE00BK5BC891

Price$14.4012 Oct 2023

TER0.49%

Fund aim

The L&G Clean Water UCITS ETF (the "ETF") aims to track the performance of the Solactive Clean Water Index NTR (the “Index”).

Fund snapshot

  • Long-term allocation

Long-term megatrend that we believe is radically transforming the way we live and work

  • High growth potential

Aims to capture the outsized growth potential of the global clean water industry

  • Leveraging industry expertise

An index tracking investment strategy that is supported by a team of clean water experts

  • Does it have a sustainable objective?

The Fund has a sustainable investment objective as it invests in companies which (i) contribute to environmental objectives, (ii) do not significantly harm any environmental or social objectives, and (iii) follow good governance practices. Further information can be found in the Fund Supplement.

Fund facts

Fund size$406.1m
Base currencyUSD
Fund launch date2 Jul 2019
DomicileIreland
Share class launch2 Jul 2019
Replication methodPhysical - full replication
As at 12 Oct 2023

Benchmark

Solactive Clean Water Index NTR

Index description

Solactive Clean Water Index NTR

The Index aims to track the performance of a basket of stocks of companies that are actively engaged in the international clean water industry through the provision of technological, digital, engineering, utility and/or other services.

The Index is comprised of companies which are publically traded on various stock exchanges around the world that are either i) companies determined to have expertise in "Utilities" with a minimum Water Revenue Share of 90%, or ii) companies determined to have expertise in "Engineering" with a minimum Water Revenue Share of 50% or iii) companies determined to have expertise in "Technology" or "Digital" and a minimum Water Revenue Share of 10%. A company is only eligible for inclusion in the index if (1) it is of sufficient size (determined by reference to the total market value of the proportion of its shares that are publically traded) and (2) it is sufficiently "liquid" (a measure of how actively its shares are traded on a daily basis). Moreover, the Index excludes companies: (a) engaged in pure coal mining; (b) involved in the production of controversial weapons; or (c) that, for a continuous period of three years, have been classified as being in breach of at least one of the UN Global Compact principles, which is a set of globally accepted standards on human rights, labour, environment and corruption.

The universe of companies out of which the Index selection is made is refreshed annually in March. However, the Index is reconstituted semi-annually in March and September in accordance with the full selection criteria and all companies are equally weighted within the Index. On a monthly basis, the weight of each company is assessed and, if any of them exceed 15% of the index, the weights of all companies are adjusted so that they are again equally weighted within the Index.

Index data

ProviderSolactive
Bloomberg codeSOLWATR
Reuters code.SOLWATR
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 02 July 2019. 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:02 Jul 2019
Benchmark:Solactive Clean Water Index NTR
Share class launch date:02 Jul 2019
Benchmark:Solactive Clean Water Index NTR
    Share class launch date:02 Jul 2019
    Benchmark:Solactive Clean Water 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

    Scenarios1 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 costs1,120USD850USD
    Average return each year (%)-88.84USD-38.92USD
    Unfavourable scenario
    What you might get back after costs7,660USD9,140USD
    Average return each year (%)-23.39USD-1.79USD
    Moderate scenario
    What you might get back after costs10,860USD17,670USD
    Average return each year (%)8.55USD12.06USD
    Favourable scenario
    What you might get back after costs16,590USD25,300USD
    Average return each year (%)65.94USD20.40USD

    Portfolio breakdown

    As at 31 Aug 2023

    Download full fund holdings

    Top 10 constituents28.7%
    Rest of Index71.3%
    No. of constituents in Index52

    Top 10 constituents (%)

    Xylem4.3
    Advanced Drainage Systems3.1
    Core & Main2.9
    Badger Meter2.9
    Zurn Elkay Water Solutions2.8
    Pentair2.7
    Itron2.6
    Bentley2.5
    Sabesp2.5
    Energy Recovery2.5

    Sector (%)

    Industrials
    		56.8
    Utilities
    		22.4
    Information Technology
    		12.7
    Materials
    		4.3
    Consumer Staples
    		2.1
    Health Care
    		1.7

    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

    LGIM Index Fund Management Team headshot

    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.

    Sustainability

    SFDR categorisation

    SFDR Product Summary

    SFDR Product Summary (German)

    LGIME PAI entity report

    The sustainable investment objective of the Fund is to provide exposure to the global clean water industry. The Fund is passively managed and seeks to achieve its investment objective by tracking the  performance of the Solactive Clean Water Index NTR (the “Index”). The Index is a reference benchmark that has been designated for the purpose of attaining the sustainable investment objective of the Fund.

    Literature

    Prices

    Pricing information

    Price time16:00 EST (NY)
    CurrencyUSD
    Monthly price history

    Download full price history

    Listings and codes

    Listings

    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    Deutsche Börse Xetra
    		EURXMLCIE00BK5BC891XMLC GYGLUG.DE10/09/201909:00 - 17:30
    London Stock Exchange
    		GBPGLGGIE00BK5BC891GLGG LNGLGG.L02/07/201908:00 - 16:30
    London Stock Exchange
    		USDGLUGIE00BK5BC891GLUG LNGLUG.L02/07/201908:00 - 16:30
    Borsa Italiana
    		EURGLUGIE00BK5BC891GLUG IMLGGLUG.MI10/09/201909:00 - 17:30
    SIX Swiss Exchange
    		CHFGLUGIE00BK5BC891GLUG SWGLUG.S05/06/202009:00 - 17:30
    Bolsa Mexicana
    		MXNGLUGIE00BK5BC891GLUGN MMGLUGN.MX17/07/202309:00 - 17:30

    Codes

    ISINIE00BK5BC891
    SEDOL-
    BloombergGLUG
    MEX-

    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
    Singapore*
    Spain
    Sweden
    Switzerland
    United Kingdom

    *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.

    Important information

    In the United Kingdom and outside the European Economic Area, it is issued by Legal & General Investment Management Limited, authorised and regulated by the Financial Conduct Authority, No. 119272. Registered in England and Wales No. 02091894 with registered office at One Coleman Street, London, EC2R 5AA.

    In the European Economic Area, it is issued by LGIM Managers (Europe) Limited, authorised by the Central Bank of Ireland as a UCITS management company (pursuant to European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No. 352 of 2011), as amended) and as an alternative investment fund manager with “top up” permissions which enable the firm to carry out certain additional MiFID investment services (pursuant to the European Union (Alternative Investment Fund Managers) Regulations 2013 (S.I. No. 257 of 2013), as amended). Registered in Ireland with the Companies Registration Office (No. 609677). Registered Office: 70 Sir John Rogerson’s Quay, Dublin, 2, Ireland. Regulated by the Central Bank of Ireland (No. C173733).

    LGIM Managers (Europe) Limited operates a branch network in the European Economic Area, which is subject to supervision by the Central Bank of Ireland. In Italy, the branch office of LGIM Managers (Europe) Limited is subject to limited supervision by the Commissione Nazionale per le società e la Borsa (“CONSOB”) and is registered with Banca d’Italia (no. 23978.0) with registered office at Via Uberto Visconti di Modrone, 15, 20122 Milan, (Companies’ Register no. MI - 2557936). In Germany, the branch office of LGIM Managers (Europe) Limited is subject to limited supervision by the German Federal Financial Supervisory Authority (“BaFin”). In the Netherlands, the branch office of LGIM Managers (Europe) Limited is subject to limited supervision by the Dutch Authority for the Financial Markets (“AFM“) and it is included in the register held by the AFM and registered with the trade register of the Chamber of Commerce under number 74481231. Details about the full extent of our relevant authorisations and permissions are available from us upon request.

    We are a member of the Irish Funds Association.

    All features described on this website are those current at the time of publication and may be changed in the future. Nothing on this website should be construed as advice and it is therefore not a recommendation to buy or sell securities. If in doubt about the suitability of this product, you should seek professional advice. Copies of the prospectus, key investor information document, annual and semi-annual reports & accounts are available free of charge on request or at www.lgimetf.com.

    This website is only directed at investors resident in jurisdictions where our funds are registered for sale. It is not an offer or invitation to persons outside of those jurisdictions. We reserve the right to reject any applications from outside of such jurisdictions.

    Following the imposition of sanctions on Russian securities and assets being removed from indices the market has been effectively frozen for foreign investors and all equity positions have been marked to zero in line with LGIM’s fair value pricing policy. Regardless of being priced at zero LGIM funds may still own these securities and any value realised in the future will be for the sole benefit of the relevant fund. LGIM will seek to divest from such securities at such a time that market conditions allow consistent with our fiduciary duties and applicable sanctions.

    Source and third party data

    Source: Unless otherwise indicated all data contained on this website is sourced from Legal & General Investment Management Limited.

    Where this document contains third party data ('Third Party Data’), we cannot guarantee the accuracy, completeness or reliability of such Third Party Data and accept no responsibility or liability whatsoever in respect of such Third Party Data

    Index disclaimer

    The ETF is not sponsored, promoted, sold or supported by Solactive AG. Nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index price, at any time or in any other respect.

    The Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the Company, Solactive AG has no obligation to point out errors in the Index to third parties including, but not limited to, investors and/or financial intermediaries of the ETF. Solactive AG does not guarantee the accuracy and/or the completeness of the Index or any related data, and shall not have any liability for any errors, omissions or interruptions therein.

    Neither publication of the Index by Solactive AG, nor the licensing of the Index or Index trade mark, for the purpose of use in connection with the ETF, constitutes a recommendation by Solactive AG to invest capital in said ETF nor does it, in any way, represent an assurance or opinion of Solactive AG with regard to any investment in this ETF. In no event shall Solactive AG have any liability for any lost profits or indirect, punitive, special or consequential damages or losses, even if notified of the possibility thereof.