ETF (UCITS compliant)

L&G Gold Mining UCITS ETF

Fund facts

Fund size*
Base currency
Listing date
6 Nov 2008
Index ticker
Replication method
Physical - full replication


*As at 28 Sep 2023

Fund aim

The L&G Gold Mining UCITS ETF (the “ETF”) aims to track the performance of the Global Gold Miners Index (the “Index”).

  • Sector allocation

Invest in the growth potential of the gold mining sector

  • Risk-off feature

Could potentially benefit from traditional risk-off characteristics of gold

  • Leveraged exposure to gold

Gold mining companies have historically offered a leveraged exposure to the price of gold

Further details

Charges and tax

ISA eligible
SIPP eligible
UK Fund Reporting Status

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)
London Stock ExchangeGBPAUCP06/11/2008IE00B3CNHG25AUCP LNAUCOP.L08:00 - 16:30
London Stock ExchangeUSDAUCO06/11/2008IE00B3CNHG25AUCO LNAUCO.L08:00 - 16:30
Borsa ItalianaEURAUCO29/01/2009IE00B3CNHG25AUCO IMAUCO.MI09:00 - 17:30
Deutsche Börse XetraEURETLX08/06/2009IE00B3CNHG25ETLX GYETLX.DE09:00 - 17:30
Euronext AmsterdamEURAUCO15/09/2008IE00B3CNHG25AUCO NAAUCO.AS09:00 - 17:30
SIX Swiss ExchangeCHFAUCO11/09/2012IE00B3CNHG25AUCO SWAUCO.S09:00 - 17:30

STOXX Global Gold Miners NR USD

The Index is designed to provide exposure to global companies which are actively engaged in the areas of gold mining. Gold mining covers exploration drilling, geological assessment, financing, development, extraction, initial refinement, and delivery of gold ore. The constituents of the Index are exclusively companies that generate at least 50 per cent of their revenues from gold production. The Index seeks to exclude companies which are (i) involved in the manufacturing of controversial weapons, (ii) persistent violators of the UN Global Compact, and/or (iii) pure coal mining companies. Such exclusions are determined by reference to the “Future World Protection List” (“FWPL”) published by Legal & General Investment Management Limited which is available at

The selection of the Index constituents is carried out by Stoxx Ltd. (the “Index Administrator”) based on gold production, market capitalisation and average daily trading volume.

Index data

Deutsche Börse
Bloomberg code
Reuters code
Net Total Return

Fund updates


Source: Lipper.

Performance for the USD Accumulating ETF class in USD, listed on 06 November 2008. 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-7.69-7.66
    6 months9.269.59
    Year to date2.793.20
    3 years-31.69-30.97
    5 years58.0763.56
    Since launch--
    1 year28.0528.78
    3 years-11.93-11.62
    5 years9.5810.33
    Since launch--

    As at 30 Jun 2023

    Year to date6.136.45
    3 years-17.86-16.91
    5 years36.8041.75
    Since launch--
    1 year15.6616.19
    3 years-6.35-5.99
    5 years6.467.22
    Since launch--
    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


    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.

    Sector (%)


    Currency (%)

    Top 10 constituents75.5
    Rest of Index24.5
    No. of constituents in Index33

    Top 10 constituents (%)

    Agnico-Eagle Mines12.6
    Kinross Gold9.8
    Gold Fields8.8
    Newcrest Mining8.0
    AngloGold Ashanti7.4
    Northern Star6.1
    Evolution Mining2.8
    Pan American Silver2.5
    Equinox Gold2.4

    Country (%)

    United States16.3
    South Africa16.2
    United Kingdom1.1

    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



    USD Acc
    Price time
    16:00 EST (NY)

    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.

    An investment in the ETF may expose investors to specific risks associated with the gold mining industry, including government policies and regulation, economic forces and the price of gold bullion. The price of gold bullion may fluctuate substantially over short periods of time and so the price of shares in the ETF may be more volatile than the price of gold itself or other types of investments.

    If a swap counterparty is no longer willing or able to continue entering into swaps with the ETF, the ETF will not be able to continue tracking the Index.

    If a swap counterparty increases the cost of entering into swaps with the ETF, the ETF’s performance will be negatively impacted.

    Third party service providers (such as swap counterparties or the ETF’s depositary) may go bankrupt and 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.

    Following the imposition of sanctions on Russian securities and assets being removed from indices the market has been effectively frozen for foreign investors and all equity positions have been marked to zero in line with LGIM’s fair value pricing policy. Regardless of being priced at zero LGIM funds may still own these securities and any value realised in the future will be for the sole benefit of the relevant fund. LGIM will seek to divest from such securities at such a time that market conditions allow consistent with our fiduciary duties and applicable sanctions.

    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

    Stoxx Ltd. and their licensors, research partners or data providers have no relationship to the Company, other than the licensing of the Index and the related trademarks for use in connection with the Fund.

    Stoxx Ltd. and their licensors, research partners or data providers do not:

    - sponsor, endorse, sell or promote the Fund;
    - recommend that any person invest in the Fund or any other securities;
    - have any responsibility or liability for or make any decisions about the timing, amount or pricing of the Fund;
    - have any responsibility or liability for the administration, management or marketing of the Fund;
    - consider the needs of the Fund or the owners of the Fund in determining, composing or calculating the Index or have any obligation to do so.

    Stoxx Ltd and their licensors, research partners or data providers give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the Fund or its performance.

    Stoxx Ltd does not assume any contractual relationship with the investors in the Fund or any other third parties.


    - Stoxx Ltd and their licensors, research partners or data providers do not give any warranty, express or implied, and exclude, in particular, any liability about: the results to be obtained by the Fund, the owner of the Fund or any other person in connection with the use of the Index and the data included in the Index; the accuracy, timeliness, and completeness of the Index and its data; the merchantability and the fitness for a particular purpose or use of the Index and its data; the performance of the Fund generally.
    - Stoxx Ltd and their licensors, research partners or data providers give no warranty and exclude any liability, for any errors, omissions or interruptions in the Index or its data;
    - Under no circumstances will Stoxx Ltd or their licensors, research partners or data providers be liable (whether in negligence or otherwise) for any lost profits or indirect, punitive, special or consequential damages or losses, arising as a result of such errors, omissions or interruptions in the Index or its data or generally in relation to the Fund, even in circumstances where Stoxx Ltd or their licensors, research partners or data providers are aware that such loss or damage may occur.

    The licensing Agreement between the Company and Stoxx Ltd. is solely for their benefit and not for the benefit of the owners of the Fund or any other third parties.