ETFs

ETF (UCITS compliant)

L&G ESG USD Corporate Bond UCITS ETF

USD Distributing ETF Class

ISINIE00BLRPRD67

Price

TER0.09%

Fund aim

The L&G ESG USD Corporate Bond UCITS ETF (the "ETF") aims to track the performance of the J.P. Morgan Global Credit Index (GCI) ESG Investment Grade USD Custom Maturity Index (the “Index”).

Fund snapshot

  • The L&G ESG USD Corporate Bond UCITS ETF aims to provide exposure to US Dollar-denominated investment grade corporate bonds issued by developed market issuers.
  • 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$128.6m
Base currencyUSD
Fund launch date21 Jan 2021
DomicileIreland
Share class launch21 Jan 2021
Replication methodPhysical - optimised
ISA eligibleYes
SIPP eligibleYes
UK Fund Reporting statusYes
As at 13 Feb 2024

Benchmark

J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index

Index description

J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index

The Index tracks US Dollar-denominated investment grade corporate bonds across developed market issuers. 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 exclude issuers that rank lower.

Index data

ProviderJ.P. Morgan
Bloomberg codeJPEIIUCM
Reuters code.JPEIIUCM
TypeTotal Return
WebsiteGo to website

Performance

Performance for the USD Distributing unit class in USD, launched on 21 January 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:21 Jan 2021
Benchmark:J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index
Share class launch date:21 Jan 2021
Benchmark:J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index
    Share class launch date:21 Jan 2021
    Benchmark:J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index

    Portfolio breakdown

    Top 10 holdings3.3%
    Rest of portfolio96.7%
    No. of holdings in ETF1,342
    No. of constituents in Index6,171

    Top 10 holdings (%)

    Bank of America 6.204% 10 Nov 280.5
    UBS Group 3.75% 26 Mar 250.4
    Wells Fargo & Co 5.557% 25 Jul 340.3
    Ford Motor Credit 7.122% 07 Nov 340.3
    HSBC Holdings 6.254% 09 Mar 340.3
    Mosaic Co 5.45% 15 Nov 330.3
    BNP Paribas 4.4% 14 Aug 280.3
    HSBC Holdings 4.583% 19 Jun 290.3
    AmFam Holdings 2.805% 11 Mar 310.3
    HSBC Holdings 1.645% 18 Apr 260.3

    Country (%)

    United States
    76.6
    United Kingdom
    5.0
    Canada
    4.1
    Japan
    2.7
    Australia
    2.3
    Germany
    2.2
    France
    2.0
    Switzerland
    1.1
    Ireland
    0.9
    Other
    3.2

    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 Global Credit (GCI) Investment Grade USD 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

    Prices

    Pricing information

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

    Download full price history

    Listings and codes

    Listings

    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    London Stock Exchange
    GBPUSDGIE00BLRPRD67USDG LNUSDG.L21/01/202108:00 - 16:30
    London Stock Exchange
    USDUSDCIE00BLRPRD67USDC LNUSDC.L21/01/202108:00 - 16:30
    Borsa Italiana
    EURUSDCIE00BLRPRD67USDC IMUSDC.MI21/01/202109:00 - 17:30
    Deutsche Börse Xetra
    EURUSABIE00BLRPRD67USAB GYUSABG.DE21/01/202109:00 - 17:30
    SIX Swiss Exchange
    CHFUSDCIE00BLRPRD67USDC SWUSDC.S04/05/202109:00 - 17:30

    Codes

    ISINIE00BLRPRD67
    SEDOL-
    BloombergUSDC
    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
    Switzerland
    United Kingdom