ETF (UCITS compliant)

L&G Asia Pacific ex Japan Equity UCITS ETF

Fund facts

Fund size*
Base currency
Listing date
13 Nov 2018
Index ticker
Replication method
Physical - full replication


*As at 28 Sep 2023

Fund aim

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

  • Aims to track the performance of the Index
  • Invests in a diverse mix of companies from leading Asia Pacific countries excluding Japan 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.

Solactive Core Developed Markets Pacific ex Japan Large & Mid Cap Index

The Index is designed to be a benchmark for developed market equities in the Pacific region, excluding Japan, and measures the performance of large and mid-cap publicly traded companies from various developed markets in the Pacific region, excluding Japan, 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

Bloomberg code
Reuters code
Net Total Return

Fund updates


Source: Lipper.

Performance for the USD Accumulating ETF class in USD, listed 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.

Performance (%)
Select period:

    Performance summary (%)

    As at 31 Aug 2023

    1 month-5.88-5.88
    6 months-3.34-3.37
    Year to date-2.11-2.12
    3 years7.637.73
    5 years--
    Since launch19.0118.92
    1 year1.201.17
    3 years2.482.51
    5 years--
    Since launch-3.66

    As at 30 Jun 2023

    Year to date-0.26-0.25
    3 years18.7618.91
    5 years--
    Since launch21.2621.19
    1 year5.635.60
    3 years5.905.94
    5 years--
    Since launch-4.22
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

    Rolling 12-month performance to last quarter end (%)


    Calendar year performance (%)


    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch

    Annualised performance (%)

    1 year3 years5 yearsSince launch

    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 over the last 10 years. Markets could develop very differently in the future.

    Recommended holding period (RHP): 5 yearsExample Investment $10,000

    ScenariosIf you exit after 1 yearIf you exit after RHP
    MinimumThere is no minimum guaranteed return. You could lose some or all of your investment.
    Stress scenarioWhat you might get back after costs2,0001,670
    Average return each year (%)-80.04-30.13
    Unfavourable scenarioWhat you might get back after costs7,7709,140
    Average return each year (%)-22.34-1.79
    Moderate scenarioWhat you might get back after costs10,32012,120
    Average return each year (%)3.223.91
    Favourable scenarioWhat you might get back after costs15,43017,880
    Average return each year (%)54.2912.33

    The stress scenario shows what you might get back in extreme market circumstances.

    Unfavourable Scenario: This type of scenario occurred for an investment between 2021-05-31 to 2022-06-30

    Moderate Scenario: This type of scenario occurred for an investment between 2012-12-31 to 2017-12-31

    Favourable Scenario: This type of scenario occurred for an investment between 2016-02-29 to 2021-02-28


    As at 31 Aug 2023. 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.

    Sector (%)

    Real Estate10.3
    Health Care7.4
    Consumer Discretionary5.6
    Communication Services4.7
    Consumer Staples4.5

    Currency (%)

    Top 10 constituents40.8
    Rest of Index59.2
    No. of constituents in Index152

    Top 10 constituents (%)

    BHP Group8.1
    Bank Of Australia6.1
    AIA Group5.8
    National Australia Bank3.2
    ANZ Group Holdings2.7
    Hong Kong Exchanges & Clearing2.5
    Woodside Energy Group2.5
    DBS Group Holdings2.5

    Country (%)

    Hong Kong14.9
    Cayman Islands4.6
    New Zealand3.1
    United States1.0

    Investment Manager

    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.

    LGIMIndex Fund Management Team

    Sustainability-related Disclosures

    SFDR categorisation: Article 8Article 8: These funds promote environmental and/or social characteristics

    Environmental characteristics

    The Fund promotes the following environmental characteristics related to climate change:

    • Avoiding investments in certain fossil fuels.
    Social characteristics

    The Fund also promotes the following social characteristics relating to social norms and standards:

    • Human rights, labour rights and anti-corruption as set out in the principles of the UN Global Compact, and
    • Avoiding the financing of controversial weapons.

    The Fund promotes the above-mentioned characteristics by tracking the Solactive Core Developed Markets Pacific ex Japan Large & Mid Cap USD 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.

    The Fund follows the following sustainability-related investment strategy by tracking the Index that applies:

    Battery Value-Chain Theme
    Clean Water Theme
    Clean Energy Theme
    Hydrogen Economy Theme
    Healthcare Breakthrough Theme
    Pharma Breakthrough Theme
    Green Bonds
    RAFI ESG Score
    RAFI Exclusions
    Solactive PAB Optimisation
    Solactive Exclusions
    Net Zero
    SDG Alignment
    Carbon Emissions Intensity Target
    LGIM ESG Score
    LGIM's Future World Protection List

    The Future World Protection List (‘FWPL’) consists of companies that fail to meet minimum standards of globally accepted business practices on sustainability, or our minimum requirements on the carbon transition. There are three components to the list:

    • Companies that generate 20% or more of their revenues from involvement in mining and extraction of thermal coal, thermal-coal power generation and oil sands,
    • Companies that are in breach of one or more principles of the United Nation Global Compact for a continuous period of three years (36 months) or more (that are considered persistent violators), or
    • Companies involved in the manufacture and production of controversial weapons.

    The Fund excludes investments in companies on FWPL. The list is monitored on an on-going basis and updated semi-annually. In order to determine the companies included on the list, we use data from a number of external ESG data providers.

    Further information can be found at

    LGIM's Climate Impact Pledge
    Foxberry Paris Aligned
    MSCI Exclusions
    MSCI ESG Score
    JPM Exclusions
    JPM ESG Score
    Additional Exclusions
    ESG Factor Evaluation
    LGIM Coal Policy
    LGIM Controversial Weapons
    J.P. Morgan ESG Exclusions
    J.P. Morgan ESG Score
    FTSE ESG Exclusions
    ROBO Global ESG Policy
    Solactive ESG Exclusions
    Solactive ESG Enhanced Exclusions
    Nasdaq ESG Exclusions
    Stoxx Exclusions

    While the Fund promotes environmental and social characteristics within the meaning of Article 8 of the SFDR, it does not currently commit to investing in any “sustainable investments” within the meaning of the SFDR. Accordingly, it should be noted that the investments underlying the Fund do not take into account the EU criteria for environmentally sustainable economic activities within the meaning of the Taxonomy Regulation.

    Sustainable Investments

    While the Fund promotes environmental and social characteristics within the meaning of Article 8 of the SFDR, it does not currently commit to investing in any “sustainable investments” within the meaning of the SFDR.

    Further information on LGIM's Sustainable Investment Methodology can be found here.

    Principal Adverse Impacts

    The Fund considers principal adverse impacts on sustainability factors and LGIM has identified a subset of the adverse sustainability indicators that are relevant to the Fund’s investments. The Fund considers principal adverse impacts, identified using the below listed sustainability indicators, through the implementation of the Fund’s ESG investment strategy.

    • PAI 4: Exposure to fossil fuel companies
    • PAI 5: Share of non-renewable energy
    • PAI 10: Companies violating UNGC/OECD
    • PAI 14: Controversial weapons



    USD Acc
    Price time
    16:00 EST (NY)

    Further details



    Management / administration

    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:


    ExchangeCurrencyTickerListing dateISINBloombergReutersTrading hours (local)
    Borsa ItalianaEURLGAP16/01/2018IE00BFXR5W90LGAP IMLGAP.MI09:00 - 17:30
    London Stock ExchangeGBPLGAG13/11/2018IE00BFXR5W90LGAG LNLGAG.L08:00 - 16:30
    London Stock ExchangeUSDLGAP13/11/2018IE00BFXR5W90LGAP LNLGAP.L08:00 - 16:30
    Deutsche Börse XetraEURETLK15/01/2018IE00BFXR5W90ETLK GYETLK.DE09:00 - 17:30
    Euronext AmsterdamEURLGAP16/01/2018IE00BFXR5W90LGAP NALGAP.AS09:00 - 17:30
    Bolsa MexicanaMXNLGAP17/07/2023IE00BFXR5W90LGAPN MMLGAPN.MX09:00 - 17:30

    Key risks

    The value of an investment and any income taken from it is not guaranteed and can go down as well as up. You may not get back the amount you originally invested.

    Past performance is not a guide to the future.

    An investment in the ETF involves a significant degree of risk. Any decision to invest should be based on the information contained in the relevant prospectus. Prospective investors should obtain their own independent accounting, tax and legal advice and should consult their own professional advisers to ascertain the suitability of the ETF as an investment.

    The value of the shares in the ETF is directly affected by increases and decreases in the value of the Index. Accordingly the value of a share in the ETF may go up or down and a shareholder may lose some or the entire amount invested.

    The ETF's ability to closely track the Index will be affected by its ability to purchase and/or sell the Index constituents and any legal or regulatory restrictions or disruptions affecting them.

    The ETF's ability to closely track the Index will also be affected by transaction costs and taxes incurred when adjusting its investment portfolio generally and/or to mirror any periodic adjustments to the constituents of the Index. There can be no certainty that ETF shares can always be bought or sold on a stock exchange or that the market price at which the ETF shares may be traded on a stock exchange will reflect the performance of the Index.

    The ETF is subject to the risk that third party service providers (such as a bank entering into swaps with the ETF or the ETF's depositary) may go bankrupt or fail to pay money due to the ETF or return property belonging to the ETF.

    If the Index provider stops calculating the Index or if the ETF’s license to track the Index is terminated, the ETF may have to be closed.

    It may not always be possible to buy and sell ETF shares on a stock exchange or at prices closely reflecting the NAV.

    There is no capital guarantee or protection on the value of the ETF. Investors can lose all the capital invested in the ETF.

    Please refer to the “Risk Factors” section of the Issuer’s Prospectus and the Fund Supplement.

    For more information, please refer to the key investor information document.

    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

    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.

    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.