ETFs

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%

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 currencyUSD
Fund launch date21 Jan 2021
DomicileIreland
Share class launch15 Dec 2021
Replication methodPhysical - optimised
ISA eligibleYes
SIPP eligibleYes
UK Fund Reporting statusYes
As at 12 Oct 2023

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

ProviderJ.P. Morgan
Bloomberg codeJPEIBDCM
Reuters code.JPEIBDCM
TypeTotal Return
WebsiteGo to website

Performance

Performance for the GBP Hedged Distributing unit class in GBP, launched on 15 December 2021. 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:15 Dec 2021
Benchmark:J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index
Share class launch date:15 Dec 2021
Benchmark:J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index
    Share class launch date:15 Dec 2021
    Benchmark:J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index

    Portfolio breakdown

    Top 10 holdings5.2%
    Rest of portfolio94.8%
    No. of holdings in ETF798
    No. of constituents in Index1,008

    Top 10 holdings (%)

    Standard Chartered 6.301% 09 Jan 290.7
    Prosus 3.68% 21 Jan 300.6
    America Movil SAB 6.125% 30 Mar 400.6
    Ecopetrol 8.875% 13 Jan 330.5
    Standard Chartered 2.608% 12 Jan 280.5
    Prosus 3.257% 19 Jan 270.5
    Greensaif Pipeline BS 6.129% 23 Feb 380.5
    Saudi Electricity Co 3 4% 08 Apr 240.5
    Altice Financing 5.75% 15 Aug 290.5
    Teva Pharma 3.15% 01 Oct 260.4

    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

    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 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 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.

    Literature

    Income

    Income information

    FrequencyBiannually
    Pay datesJan, Jul
    Financial year end30th June
    The latest dividends are shown below. The historic level of income generated by this fund may go down as well as up and will vary over time.
    Ex-div datePay dateDividend per unit
    Final20 Jul 2328 Jul 2319.53
    Interim19 Jan 2327 Jan 2319.72

    Prices

    Pricing information

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

    Listings and codes

    Listings

    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    London Stock Exchange
    GBPEMDHIE000YPT5PG3EMDH LNEMDH.L15/12/202108:00 - 16:30

    Codes

    ISINIE000YPT5PG3
    SEDOLBP6JS23
    BloombergEMDH LN
    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:

    Ireland
    Singapore*
    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.