ETF (UCITS compliant)

L&G Clean Water UCITS ETF

Fund facts

Fund size*
$18.0m
Base currency
USD
Listing date
2 Jul 2019
Domicile
Ireland
Index ticker
SOLWATR
Replication method
Physical - full replication

Statistics

*As at 21 Sep 2020

Fund aim

The L&G Clean Water UCITS ETF (the "ETF") aims to track the performance of the Solactive Clean Water Index NTR (the “Index”).

  • Long-term allocation

Long-term megatrend that we believe is radically transforming the way we live and work

  • High growth potential

Aims to capture the outsized growth potential of the global clean water industry

  • Leveraging industry expertise

An index tracking investment strategy that is supported by a team of clean water experts

Solactive Clean Water Index NTR

The Index aims to track the performance of a basket of stocks of companies that are actively engaged in the international clean water industry through the provision of technological, digital, engineering, utility and/or other services.

The Index is comprised of companies which are publically traded on various stock exchanges around the world that are either i) companies determined to have expertise in "Utilities" with a minimum Water Revenue Share of 90%, or ii) companies determined to have expertise in "Engineering" with a minimum Water Revenue Share of 50% or iii) companies determined to have expertise in "Technology" or "Digital" and a minimum Water Revenue Share of 5%. A company is only eligible for inclusion in the index if (1) it is of sufficient size (determined by reference to the total market value of the proportion of its shares that are publically traded) and (2) it is sufficiently "liquid" (a measure of how actively its shares are traded on a daily basis). Moreover, the Index excludes companies: (a) engaged in pure coal mining; (b) involved in the production of controversial weapons; or (c) that, for a continuous period of three years, have been classified as being in breach of at least one of the UN Global Compact principles, which is a set of globally accepted standards on human rights, labour, environment and corruption.

The universe of companies out of which the Index selection is made is refreshed annually in March. However, the Index is reconstituted semi-annually in March and September in accordance with the full selection criteria and all companies are equally weighted within the Index. On a monthly basis, the weight of each company is assessed and, if any of them exceed 15% of the index, the weights of all companies are adjusted so that they are again equally weighted within the Index.

Index data

Provider
Solactive
Bloomberg code
SOLWATR
Reuters code
.SOLWATR
Type
Net Total Return
Website
www.solactive.com

Performance

Source: Lipper.

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Aug 2020

    CumulativeFundBenchmark
    1 month3.823.86
    6 months10.4410.54
    Year to date0.290.42
    3 years--
    5 years--
    Since launch13.0313.46
    AnnualisedFundBenchmark
    1 year13.3013.67
    3 years--
    5 years--
    Since launch-11.20

    As at 30 Jun 2020

    CumulativeFundBenchmark
    Quarterly18.3418.51
    Year to date-7.93-7.89
    3 years--
    5 years--
    Since launch3.764.07
    AnnualisedFundBenchmark
    1 year2.232.52
    3 years--
    5 years--
    Since launch-3.99
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 June 2016 2017 2018 2019 2020
    Fund----2.24
    Benchmark----2.53

    Calendar year performance (%)

    2015 2016 2017 2018 2019
    Fund-----
    Benchmark-----

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund13.30---
    Benchmark13.67--11.20

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund2.23---
    Benchmark2.52--3.99

    Performance for the USD Accumulating ETF class in USD, listed on 02 July 2019. 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 guide to the future.

    Portfolio

    As at 31 Aug 2020. 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

    Sector (%)

    Industrials49.9
    Utilities17.6
    Materials9.2
    Health Care7.4
    Information Technology6.9
    Energy2.3
    Lab Process Automation2.1
    Consumer Discretionary1.8
    Metals & Minerals1.6
    Manufacturing & Production1.4

    Currency (%)

    USD61.2
    EUR13.9
    JPY8.2
    GBP6.4
    HKD4.7
    CHF3.6
    SEK1.9
    Top 10 constituents21.5
    Rest of Index78.5
    No. of constituents in Index63

    Top 10 constituents (%)

    Metso Outotec2.7
    Trimble2.4
    SPX FLOW2.2
    Arkema2.1
    Eurofins Scientific2.1
    Kadant2.1
    Idexx Laboratories2.0
    Kurita2.0
    Advanced Drainage Systems2.0
    Ingevity1.9

    Investment Manager

    GO ETF Solutions LLP is the investment manager for each of the exchange traded funds (ETFs) issued by Legal & General UCITS ETF Plc and is responsible for the day-to-day investment management decisions for this ETF. The team is highly experienced with respect to all aspects relating to the management of an ETF portfolio, including collateral management, OTC swap trading, adherence to UCITS regulations and counterparty exposure and monitoring.

    Literature

    Reportable income

    Prices

    Name
    USD Acc
    Currency
    USD
    NAV
    10.90
    Price time
    16:00 EST (NY)

    Further details

    Charges and tax

    TER
    0.49%
    ISA eligible
    Yes
    SIPP eligible
    Yes
    UK Fund Reporting Status
    Yes

    Management / administration

    Issuer
    Legal & General UCITS ETF Plc
    Custodian and Trustee
    The Bank of New York Mellon SA/NV
    Registrar
    Computershare Investor Services (Ireland) Ltd
    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 ExchangeGBPGLGG02/07/2019IE00BK5BC891GLGG LNGLGG.L08:00 - 16:30
    London Stock ExchangeUSDGLUG02/07/2019IE00BK5BC891GLUG LNGLUG.L08:00 - 16:30
    Borsa ItalianaEURGLUG10/09/2019IE00BK5BC891GLUG IMLGGLUG.MI09:00 - 17:30
    Deutsche BörseEURXMLC10/09/2019IE00BK5BC891XMLC GYGLUG.DE09:00 - 17:30
    SIX Swiss ExchangeCHFGLUG05/06/2020IE00BK5BC891GLUG SWGLUG.S09:00 - 17:30

    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

    Issued by LGIM Managers (Europe) Limited as management company for this fund. Registered in Ireland No. 609677. Registered Office: 33/34 Sir John Rogerson’s Quay, Dublin, 2, Ireland. Authorised and Regulated by the Central Bank of Ireland No. C173733.

    GO ETF Solutions LLP has been appointed as the discretionary investment manager for this Fund, it is authorised and regulated by the Financial Conduct Authority No.477266.

    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

    The ETF is not sponsored, promoted, sold or supported by Solactive AG. Nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index price, at any time or in any other respect.

    The Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the Company, Solactive AG has no obligation to point out errors in the Index to third parties including, but not limited to, investors and/or financial intermediaries of the ETF. Solactive AG does not guarantee the accuracy and/or the completeness of the Index or any related data, and shall not have any liability for any errors, omissions or interruptions therein.

    Neither publication of the Index by Solactive AG, nor the licensing of the Index or Index trade mark, for the purpose of use in connection with the ETF, constitutes a recommendation by Solactive AG to invest capital in said ETF nor does it, in any way, represent an assurance or opinion of Solactive AG with regard to any investment in this ETF. In no event shall Solactive AG have any liability for any lost profits or indirect, punitive, special or consequential damages or losses, even if notified of the possibility thereof.