L&G ESG Emerging Markets Corporate Bond (USD) UCITS ETF

ETF (UCITS compliant)
L&G ESG Emerging Markets Corporate Bond (USD) UCITS ETF
GBP Hedged Distributing ETF Class
ISINIE000YPT5PG3
Price£8.1612 Oct 2023
TER0.38%
ISINIE000YPT5PG3
Price£8.1612 Oct 2023
TER0.38%
Fund aim
The L&G ESG Emerging Markets Corporate Bond (USD) UCITS ETF (the "ETF") aims to track the performance of the J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index (the “Index”).
Fund snapshot
- The L&G ESG Emerging Markets Corporate Bond (USD) UCITS ETF aims to provide exposure to liquid, US Dollar denominated emerging market fixed and floating-rate debt instruments issued by corporates.
- 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 | £533.1m |
Share class size | £6.7m |
Base currency | USD |
Fund launch date | 21 Jan 2021 |
Domicile | Ireland |
Share class launch | 15 Dec 2021 |
Replication method | Physical - optimised |
ISA eligible | Yes |
SIPP eligible | Yes |
UK Fund Reporting status | Yes |
Benchmark
J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index
Index description
J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index
The Index tracks the performance of eligible liquid, US Dollar-denominated, emerging market, fixed and floating-rate, debt instruments issued by corporate entities. The index applies an ESG scoring and screening methodology to tilt toward issuers ranked higher on ESG criteria and green bond issues, and to underweight and remove issuers that rank lower.
Index data
Provider | J.P. Morgan |
Bloomberg code | JPEIBDCM |
Reuters code | .JPEIBDCM |
Type | Total Return |
Website | Go to website |
Performance
Portfolio breakdown
As at 31 Aug 2023
Top 10 holdings | 5.2% |
---|---|
Rest of portfolio | 94.8% |
No. of holdings in ETF | 798 |
---|---|
No. of constituents in Index | 1,008 |
Top 10 holdings (%)
Standard Chartered 6.301% 09 Jan 29 | 0.7 |
Prosus 3.68% 21 Jan 30 | 0.6 |
America Movil SAB 6.125% 30 Mar 40 | 0.6 |
Ecopetrol 8.875% 13 Jan 33 | 0.5 |
Standard Chartered 2.608% 12 Jan 28 | 0.5 |
Prosus 3.257% 19 Jan 27 | 0.5 |
Greensaif Pipeline BS 6.129% 23 Feb 38 | 0.5 |
Saudi Electricity Co 3 4% 08 Apr 24 | 0.5 |
Altice Financing 5.75% 15 Aug 29 | 0.5 |
Teva Pharma 3.15% 01 Oct 26 | 0.4 |
Country (%)
Brazil | 9.7 |
Mexico | 7.7 |
China | 7.5 |
Hong Kong | 7.4 |
United Arab Emirates | 7.1 |
Korea | 5.8 |
India | 5.8 |
United Kingdom | 5.3 |
Saudi Arabia | 5.0 |
Other | 38.7 |
Top 10 holdings | 5.2% |
---|---|
Rest of portfolio | 94.8% |
No. of holdings in ETF | 798 |
---|---|
No. of constituents in Index | 1,008 |
Top 10 holdings (%)
Standard Chartered 6.301% 09 Jan 29 | 0.7 |
Prosus 3.68% 21 Jan 30 | 0.6 |
America Movil SAB 6.125% 30 Mar 40 | 0.6 |
Ecopetrol 8.875% 13 Jan 33 | 0.5 |
Standard Chartered 2.608% 12 Jan 28 | 0.5 |
Prosus 3.257% 19 Jan 27 | 0.5 |
Greensaif Pipeline BS 6.129% 23 Feb 38 | 0.5 |
Saudi Electricity Co 3 4% 08 Apr 24 | 0.5 |
Altice Financing 5.75% 15 Aug 29 | 0.5 |
Teva Pharma 3.15% 01 Oct 26 | 0.4 |
Country (%)
Brazil | 9.7 |
Mexico | 7.7 |
China | 7.5 |
Hong Kong | 7.4 |
United Arab Emirates | 7.1 |
Korea | 5.8 |
India | 5.8 |
United Kingdom | 5.3 |
Saudi Arabia | 5.0 |
Other | 38.7 |
Years to maturity (%)
0 - 5 Years | 65.0 |
5 - 10 Years | 21.6 |
10 - 15 Years | 2.6 |
15 - 20 Years | 3.1 |
20 - 25 Years | 2.4 |
25 - 30 Years | 4.7 |
30 - 40 Years | 0.3 |
40+ Years | 0.3 |
Credit rating (%)
AA | 8.7 | |
A | 24.3 | |
BBB | 35 | |
BB | 21 | |
B+ | 0.1 | |
B | 7.5 | |
CCC | 1.7 | |
NR | 0.1 | |
Undefined | 1.6 | |
Other | 0 |
Currency (%)
USD | 100.0 |
All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index. The number of fund holdings can also differ from the index due to corporate events and proxy holdings.
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.
Sustainability
SFDR categorisation
Article 8The Fund promotes the above-mentioned characteristics by tracking the J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index (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 promotes the above-mentioned characteristics by tracking the J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index (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:
Literature
Document type
Income
Income information
Frequency | Biannually |
Pay dates | Jan, Jul |
Financial year end | 30th June |
Ex-div date | Pay date | Dividend per unit | |
---|---|---|---|
Final | 20 Jul 23 | 28 Jul 23 | 19.53 |
Interim | 19 Jan 23 | 27 Jan 23 | 19.72 |
Ex-div date | Pay date | Dividend per unit | |
---|---|---|---|
Final | 20 Jul 23 | 28 Jul 23 | 19.53 |
Interim | 19 Jan 23 | 27 Jan 23 | 19.72 |
Financial year | Total dividend per unit |
---|---|
2022/23 | 39.25 p |
2021/22 | 20.21 p |
Prices
Pricing information
Price time | 16:00 EST (NY) |
Currency | GBP |
Listings and codes
Listings
Exchange | Currency | Ticker | ISIN | Bloomberg | Reuters | Listing date | Trading hours (local) |
---|---|---|---|---|---|---|---|
London Stock Exchange | GBP | EMDH | IE000YPT5PG3 | EMDH LN | EMDH.L | 15/12/2021 | 08:00 - 16:30 |
Codes
ISIN | IE000YPT5PG3 |
SEDOL | BP6JS23 |
Bloomberg | EMDH LN |
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.