ETF (UCITS compliant)

L&G UK Gilt 0-5 Year UCITS ETF

Fund facts

Fund size*
£94.6m
Base currency
GBP
Listing date
9 Dec 2020
Domicile
Ireland
Index ticker
GBIEUKSG
Replication method
Physical - optimised

Statistics

*As at 03 Feb 2023

Fund aim

The L&G UK Gilt 0-5 Year UCITS ETF (the "ETF") aims to track the performance of the J.P. Morgan GBI UK Short-Term Custom Maturity Index (the “Index”).

The L&G UK Gilt 0-5 Year UCITS ETF aims to provide exposure to the Pound Sterling-denominated government bond market in the United Kingdom.

Further details

Charges and tax

TER
0.06%
ISA eligible
Yes
SIPP eligible
Yes
UK Fund Reporting Status
Yes

Management / administration

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:

Listings

Details
Codes
ExchangeCurrencyTickerListing dateISINBloomberg codeReuters codeTrading hours (local)
London Stock ExchangeGBPUKG509/12/2020IE00BLRPQK69UKG5 LNUKG5.L08:00 - 16:30

J.P. Morgan GBI UK Short-Term Custom Maturity Index

The Index tracks the performance of eligible fixed-rate, pound sterling-denominated United Kingdom government bonds maturing within the next 3 months to 5 years.

Index data

Provider
J.P. Morgan
Bloomberg code
GBIEUKSG
Reuters code
.GBIEUKSG
Type
Total Return
Website
https://www.jpmorgan.com/insights/research/index-research/composition-docs

Performance

Source: Lipper.

Performance for the GBP Distributing ETF class in GBP, listed on 09 December 2020. 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:
Change

    Performance summary (%)

    As at 31 Dec 2022

    CumulativeFundBenchmark
    1 month-0.45-0.43
    6 months-2.42-2.38
    Year to date-4.69-4.64
    3 years--
    5 years--
    Since launch-6.11-5.98
    AnnualisedFundBenchmark
    1 year-4.69-4.64
    3 years--
    5 years--
    Since launch--2.93

    As at 31 Dec 2022

    CumulativeFundBenchmark
    Quarterly2.892.91
    Year to date-4.69-4.64
    3 years--
    5 years--
    Since launch-6.11-5.98
    AnnualisedFundBenchmark
    1 year-4.69-4.64
    3 years--
    5 years--
    Since launch--2.93
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    FundBenchmark
    2013--
    2014--
    2015--
    2016--
    2017--
    2018--
    2019--
    2020--
    2021-1.71-1.66
    2022-4.69-4.64

    Calendar year performance (%)

    FundBenchmark
    2013--
    2014--
    2015--
    2016--
    2017--
    2018--
    2019--
    2020--
    2021-1.71-1.66
    2022-4.69-4.64

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-4.69---
    Benchmark-4.64---2.93

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-4.69---
    Benchmark-4.64---2.93

    Performance scenario

    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 with input from the 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 costs9,080.008,860.00
    Average return each year (%)-9.24-2.40
    Unfavourable scenarioWhat you might get back after costs5,740.006,000.00
    Average return each year (%)-42.61-9.70
    Moderate scenarioWhat you might get back after costs10,110.0010,230.00
    Average return each year (%)1.130.45
    Favourable scenarioWhat you might get back after costs33,200.0025,930.00
    Average return each year (%)231.9520.99

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

    Unfavourable Scenario: This type of scenario occurred for an investment between 2012-2022.
    Moderate Scenario: This type of scenario occurred for an investment between 2012-2022.
    Favourable Scenario: This type of scenario occurred for an investment between 2012-2022.

    Portfolio

    As at 31 Dec 2022. All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding.

    The breakdowns below relate to the Index. The ETF’s portfolio may deviate from the below.

    Currency (%)

    GBP100.0

    Years to maturity (%)

    0 - 5 Years100.0

    Country (%)

    United Kingdom100.0
    Top 10 holdings73.3
    Rest of portfolio26.7
    No. of holdings in ETF15
    No. of constituents in Index15

    Top 10 holdings (%)

    Top 10 holdings (%)

    United Kingdom Gilt 0.625% 07 Jun 258.5
    United Kingdom Gilt 1.5% 22 Jul 268.2
    United Kingdom Gilt 2% 07 Sep 257.7
    United Kingdom Gilt 1.25% 22 Jul 277.4
    United Kingdom Gilt 2.75% 07 Sep 247.0
    United Kingdom Gilt 2.25% 07 Sep 237.0
    United Kingdom Gilt 0.25% 31 Jan 257.0
    United Kingdom Gilt 1% 22 Apr 246.9
    United Kingdom Gilt 0.125% 31 Jan 246.9
    United Kingdom Gilt 0.75% 22 Jul 236.8

    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

    Literature

    Prices

    Name
    GBP Dist
    Currency
    GBP
    NAV
    9.50
    Price time
    16:30 (UK)

    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.

    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 www.lgimetf.com.

    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

    Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The Index is used with permission. The Index may not be copied, used, or distributed without J.P. Morgan’s prior written approval. Copyright 2021, J.P. Morgan Chase & Co. All rights reserved.