ETFs

ETF (UCITS compliant)

L&G Europe ex UK Equity UCITS ETF

EUR Accumulating ETF Class

ISINIE00BFXR5V83

Price

TER0.10%

Fund aim

The L&G Europe ex UK Equity UCITS ETF (the “ETF”) aims to track the performance of the Solactive Core Developed Markets Europe ex UK Large & Mid Cap EUR Index NTR (the “Index”).

Fund snapshot

  • Aims to track the performance of the Index
  • Invests in a diverse mix of leading European companies excluding the United Kingdom from a variety of sectors
  • Employs a straightforward, low-cost and pragmatic index replication approach.
  • 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€250.8m
Base currencyEUR
Fund launch date13 Nov 2018
DomicileIreland
Share class launch13 Nov 2018
Replication methodPhysical - full replication
As at 13 Feb 2024

Benchmark

Solactive Core Developed Markets Europe ex UK Large & Mid Cap Index

Index description

Solactive Core Developed Markets Europe ex UK Large & Mid Cap Index NTR

The Index is designed to be a benchmark for developed market equities in Europe, excluding the United Kingdom, and measures the performance of large and mid-cap publically traded companies from various European developed market countries, excluding the United Kingdom, which satisfy minimum criteria relating to liquidity and size and excludes companies: (a) engaged in pure coal mining; (b) involved in the production of controversial weapons, such as cluster weapons, anti-personnel mines or biological and chemical 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.

Index data

ProviderSolactive
Bloomberg codeSFWEBEN
Reuters code.SFWEBEN
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the EUR Accumulating unit class in EUR, launched on 13 November 2018. 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:13 Nov 2018
Benchmark:Solactive Core Developed Markets Europe ex UK Large & Mid Cap Index NTR
Share class launch date:13 Nov 2018
Benchmark:Solactive Core Developed Markets Europe ex UK Large & Mid Cap Index NTR
    Share class launch date:13 Nov 2018
    Benchmark:Solactive Core Developed Markets Europe ex UK Large & Mid Cap 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 EUR

    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 costs1,980EUR2,030EUR
    Average return each year (%)-80.24EUR-27.28EUR
    Unfavourable scenario
    What you might get back after costs8,530EUR9,430EUR
    Average return each year (%)-14.69EUR-1.18EUR
    Moderate scenario
    What you might get back after costs10,600EUR13,350EUR
    Average return each year (%)5.96EUR5.95EUR
    Favourable scenario
    What you might get back after costs14,200EUR16,620EUR
    Average return each year (%)42.00EUR10.70EUR

    Portfolio breakdown

    Top 10 constituents26.8%
    Rest of Index73.2%
    No. of constituents in Index349

    Top 10 constituents (%)

    Novo Nordisk4.2
    Nestle3.9
    ASML3.8
    LVMH Moet-Hennessy2.7
    Roche2.6
    Novartis2.6
    SAP2.0
    TotalEnergies1.9
    Siemens1.8
    LOREAL1.4

    Sector (%)

    Financials
    17.8
    Industrials
    16.7
    Health Care
    16.3
    Consumer Discretionary
    12.0
    Consumer Staples
    9.6
    Information Technology
    9.6
    Materials
    6.4
    Utilities
    4.0
    Energy
    3.8
    Other
    3.7

    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

    Environmental characteristics
    Social characteristics

    The Fund promotes the above-mentioned characteristics by tracking the Solactive Core Developed Markets Europe ex UK Large & Mid Cap EUR 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)
    CurrencyEUR
    Monthly price history

    Download full price history

    Listings and codes

    Listings

    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    Deutsche Börse Xetra
    EURETLNIE00BFXR5V83ETLN GYETLNG.DE15/01/201809:00 - 17:30
    London Stock Exchange
    EURLGEUIE00BFXR5V83LGEU LNLGEU.L13/11/201808:00 - 16:30
    London Stock Exchange
    GBPLGEGIE00BFXR5V83LGEG LNLGEG.L13/11/201808:00 - 16:30
    Borsa Italiana
    EURLGEUIE00BFXR5V83LGEU IMLGEU.MI13/11/201809:00 - 17:30
    Euronext Amsterdam
    EURLGEUIE00BFXR5V83LGEU NALGEU.AS13/11/201809:00 - 17:30

    Codes

    ISINIE00BFXR5V83
    SEDOLBF5CXW8
    BloombergLGEU
    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
    Spain
    Sweden
    United Kingdom