ETF (UCITS compliant)

L&G Gold Mining UCITS ETF

USD Accumulating ETF Class

ISINIE00B3CNHG25

Price

TER0.65%

Fund aim

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

Fund snapshot

  • 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

Fund facts

Fund size$112.4m
Base currencyUSD
Fund launch date29 Aug 2008
DomicileIreland
Share class launch6 Nov 2008
Replication methodPhysical - full replication
As at 1 Mar 2024

Benchmark

STOXX Global Gold Miners NR USD

Index description

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 https://www.lgim.com/uk/en/capabilities/corporate-governance/assessing-companies-esg/.

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

ProviderDeutsche Börse
Bloomberg codeLGIMGMNR
Reuters code.LGIMGMNR
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched 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.
Share class launch date:06 Nov 2008
Benchmark:STOXX Global Gold Miners NR USD
Share class launch date:06 Nov 2008
Benchmark:STOXX Global Gold Miners NR USD
    Share class launch date:06 Nov 2008
    Benchmark:STOXX Global Gold Miners NR USD

    Performance scenarios

    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.

    Example investment:10,000 USD

    Scenarios1 year(Recommended holding period) 5 years
    Minimum

    There is no minimum guaranteed return. You could lose some or all of your investment.

    Stress scenario
    What you might get back after costs800USD770USD
    Average return each year (%)-91.99USD-40.11USD
    Unfavourable scenario
    What you might get back after costs5,810USD7,600USD
    Average return each year (%)-41.94USD-5.34USD
    Moderate scenario
    What you might get back after costs10,140USD14,380USD
    Average return each year (%)1.41USD7.54USD
    Favourable scenario
    What you might get back after costs22,380USD32,010USD
    Average return each year (%)123.85USD26.20USD

    Portfolio breakdown

    Top 10 constituents79.4%
    Rest of Index20.6%
    No. of constituents in Index29

    Top 10 constituents (%)

    Newmont14.5
    Agnico-Eagle Mines14.5
    Gold Fields11.7
    AngloGold Ashanti11.6
    Kinross Gold10.0
    Northern Star7.9
    Evolution Mining2.6
    Pan American Silver2.4
    Torex Gold Resources2.3
    Lundin Gold2.0

    Sector (%)

    Materials
    100.0

    All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index.

    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.

    Literature

    Prices

    Pricing information

    Price time16:00 EST (NY)
    CurrencyUSD
    Monthly price history
    Please note that a maximum of 10 years price history is available.

    Listings and codes

    Listings

    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    Euronext Amsterdam
    EURAUCOIE00B3CNHG25AUCO NAAUCO.AS15/09/200809:00 - 17:30
    London Stock Exchange
    GBPAUCPIE00B3CNHG25AUCP LNAUCOP.L06/11/200808:00 - 16:30
    London Stock Exchange
    USDAUCOIE00B3CNHG25AUCO LNAUCO.L06/11/200808:00 - 16:30
    Borsa Italiana
    EURAUCOIE00B3CNHG25AUCO IMAUCO.MI29/01/200909:00 - 17:30
    Deutsche Börse Xetra
    EURETLXIE00B3CNHG25ETLX GYETLX.DE08/06/200909:00 - 17:30
    SIX Swiss Exchange
    CHFAUCOIE00B3CNHG25AUCO SWAUCO.S11/09/201209:00 - 17:30

    Codes

    ISINIE00B3CNHG25
    SEDOLB3CNHG2
    BloombergAUCO
    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
    Singapore*
    Spain
    Sweden
    Switzerland
    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.