ETFs

ETF (UCITS compliant)

L&G Battery Value-Chain UCITS ETF

USD Accumulating ETF Class

ISINIE00BF0M2Z96

Price

TER0.49%

Fund aim

The L&G Battery Value-Chain UCITS ETF (the “ETF”) aims to track the performance of the Solactive Battery Value-Chain Index (the “Index”).

Fund snapshot

  • 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 battery technology

  • Leveraging industry expertise

An index tracking investment strategy that is supported by a team of battery technology experts

  • Does it promote sustainability characteristics?

The Fund promotes a range of environmental 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$716.1m
Base currencyUSD
Fund launch date15 Dec 2017
DomicileIreland
Share class launch23 Jan 2018
Replication methodPhysical - full replication
As at 1 Mar 2024

Benchmark

Solactive Battery Value-Chain Index

Index description

Solactive Battery Value-Chain Index Net TR USD

The Index aims to track the performance of a basket of stocks of companies that are providers of certain electro-chemical energy storage technologies and mining companies that produce metals used to manufacture batteries.

The Index is comprised of companies which are publically traded on various stock exchanges around the world that are either (i) mining companies that produce metals that are primarily used for manufacturing batteries or (ii) companies that develop electro-chemical energy storage technology (i.e. battery technology) and produce batteries. A “battery” is a device consisting of one or more electro-chemical cells that are capable of generating electrical energy from chemical reactions. A company is only eligible for inclusion in the Index if (1) it is of a 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).

The universe of companies out of which the Index selection is made is refreshed annually in May. However, the Index is reconstituted semi-annually in May and November 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 exceeds 15% of the Index, the weights of all companies are adjusted so that they are again equally weighted within the Index.

Index data

ProviderSolactive
Bloomberg codeSOLBATT
Reuters code.SOLBATT
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 23 January 2018. 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:23 Jan 2018
Benchmark:Solactive Battery Value-Chain Index Net TR USD
Share class launch date:23 Jan 2018
Benchmark:Solactive Battery Value-Chain Index Net TR USD
    Share class launch date:23 Jan 2018
    Benchmark:Solactive Battery Value-Chain Index Net TR 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 costs2,300USD1,780USD
    Average return each year (%)-77.00USD-29.16USD
    Unfavourable scenario
    What you might get back after costs7,890USD9,080USD
    Average return each year (%)-21.15USD-1.90USD
    Moderate scenario
    What you might get back after costs10,720USD19,060USD
    Average return each year (%)7.20USD13.77USD
    Favourable scenario
    What you might get back after costs24,390USD30,550USD
    Average return each year (%)143.94USD25.03USD

    Portfolio breakdown

    Top 10 constituents43.0%
    Rest of Index57.0%
    No. of constituents in Index31

    Top 10 constituents (%)

    Hyundai4.9
    TDK Corporation4.9
    Sumitomo Electric Industries4.6
    ABB4.6
    Volkswagen4.3
    Mercedes-Benz4.1
    Honda Motor4.0
    Panasonic3.9
    Enersys3.9
    BMW3.9

    Sector (%)

    Consumer Discretionary
    39.2
    Industrials
    27.3
    Materials
    16.7
    Information Technology
    14.6
    Communication Services
    2.2

    All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index. The ETF’s portfolio may deviate from the portfolio of 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.

    Sustainability

    SFDR categorisation

    Environmental characteristics
    Social characteristics

    The Fund promotes the above-mentioned characteristics by tracking the Solactive Battery Value-Chain Index Net Total Return (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

    Listings and codes

    Listings

    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    London Stock Exchange
    GBPBATGIE00BF0M2Z96BATG LNBATG.L23/01/201808:00 - 16:30
    London Stock Exchange
    USDBATTIE00BF0M2Z96BATT LNBATT.L23/01/201808:00 - 16:30
    Borsa Italiana
    EURBATTIE00BF0M2Z96BATT IMBATT.MI19/02/201809:00 - 17:30
    Deutsche Börse Xetra
    EURBATEIE00BF0M2Z96BATE GYECBATE.DE06/02/201809:00 - 17:30
    Euronext Amsterdam
    EURBATTIE00BF0M2Z96BATT NABATT.AS01/02/201809:00 - 17:30
    SIX Swiss Exchange
    CHFBATTIE00BF0M2Z96BATT SWBATT.S05/06/202009:00 - 17:30
    Bolsa Mexicana
    MXNBATTIE00BF0M2Z96BATT MMBATT.MX21/07/202209:00 - 17:30

    Codes

    ISINIE00BF0M2Z96
    SEDOLBF0M2Z9
    BloombergBATT
    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.