L&G ESG USD Corporate Bond UCITS ETF
ETF (UCITS compliant)
L&G ESG USD Corporate Bond UCITS ETF
USD Distributing ETF Class
ISINIE00BLRPRD67
Price
TER0.09%
ISINIE00BLRPRD67
Price
TER0.09%
Fund aim
The L&G ESG USD Corporate Bond UCITS ETF (the "ETF") aims to track the performance of the J.P. Morgan Global Credit Index (GCI) ESG Investment Grade USD Custom Maturity Index (the “Index”).
Fund snapshot
- The L&G ESG USD Corporate Bond UCITS ETF aims to provide exposure to US Dollar-denominated investment grade corporate bonds issued by developed market issuers.
- Does it promote sustainability characteristics? The Fund promotes a range of environmental and social 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 | $129.7m |
Base currency | USD |
Fund launch date | 21 Jan 2021 |
Domicile | Ireland |
Share class launch | 21 Jan 2021 |
Replication method | Physical - optimised |
Benchmark
J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index
Index description
J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index
The Index tracks US Dollar-denominated investment grade corporate bonds across developed market issuers. The index applies an ESG scoring and screening methodology to tilt toward issuers ranked higher on ESG criteria and green bond issues, and to underweight and exclude issuers that rank lower.
Index data
Provider | J.P. Morgan |
Bloomberg code | JPEIIUCM |
Reuters code | .JPEIIUCM |
Type | Total Return |
Website | Go to website |
Performance
Performance scenarios
Example investment:10,000 USD
Scenarios | 1 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 costs | 7,880USD | 7,250USD |
Average return each year (%) | -21.19 | -6.23 | |
Unfavourable scenario | What you might get back after costs | 8,060USD | 8,780USD |
Average return each year (%) | -19.38 | -2.58 | |
Moderate scenario | What you might get back after costs | 10,240USD | 12,050USD |
Average return each year (%) | 2.44 | 3.81 | |
Favourable scenario | What you might get back after costs | 11,420USD | 13,520USD |
Average return each year (%) | 14.20 | 6.22 |
There is no minimum guaranteed return. You could lose some or all of your investment.
Portfolio breakdown
As at 31 Jan 2024
Top 10 holdings | 3.3% |
---|---|
Rest of portfolio | 96.7% |
No. of holdings in ETF | 1,348 |
---|---|
No. of constituents in Index | 6,118 |
Top 10 holdings (%)
Bank of America 6.204% 10 Nov 28 | 0.5 |
UBS Group 3.75% 26 Mar 25 | 0.4 |
Wells Fargo & Co 5.557% 25 Jul 34 | 0.3 |
HSBC Holdings 6.254% 09 Mar 34 | 0.3 |
Mosaic Co 5.45% 15 Nov 33 | 0.3 |
HSBC Holdings 4.583% 19 Jun 29 | 0.3 |
AmFam Holdings 2.805% 11 Mar 31 | 0.3 |
HSBC Holdings 1.645% 18 Apr 26 | 0.3 |
Toyota Motor Credit 5.45% 10 Nov 27 | 0.3 |
EMD Finance LLC 3.25% 19 Mar 25 | 0.3 |
Country (%)
United States | 76.8 |
United Kingdom | 5.1 |
Canada | 3.8 |
Japan | 2.7 |
Germany | 2.0 |
France | 2.0 |
Australia | 1.7 |
Switzerland | 1.6 |
Ireland | 1.0 |
Other | 3.2 |
Top 10 holdings | 3.3% |
---|---|
Rest of portfolio | 96.7% |
No. of holdings in ETF | 1,348 |
---|---|
No. of constituents in Index | 6,118 |
Top 10 holdings (%)
Bank of America 6.204% 10 Nov 28 | 0.5 |
UBS Group 3.75% 26 Mar 25 | 0.4 |
Wells Fargo & Co 5.557% 25 Jul 34 | 0.3 |
HSBC Holdings 6.254% 09 Mar 34 | 0.3 |
Mosaic Co 5.45% 15 Nov 33 | 0.3 |
HSBC Holdings 4.583% 19 Jun 29 | 0.3 |
AmFam Holdings 2.805% 11 Mar 31 | 0.3 |
HSBC Holdings 1.645% 18 Apr 26 | 0.3 |
Toyota Motor Credit 5.45% 10 Nov 27 | 0.3 |
EMD Finance LLC 3.25% 19 Mar 25 | 0.3 |
Country (%)
United States | 76.8 |
United Kingdom | 5.1 |
Canada | 3.8 |
Japan | 2.7 |
Germany | 2.0 |
France | 2.0 |
Australia | 1.7 |
Switzerland | 1.6 |
Ireland | 1.0 |
Other | 3.2 |
Years to maturity (%)
0 - 5 Years | 47.9 |
5 - 10 Years | 28.0 |
10 - 15 Years | 3.6 |
15 - 20 Years | 5.4 |
20 - 25 Years | 6.4 |
25 - 30 Years | 6.8 |
30 - 40 Years | 1.7 |
40+ Years | 0.3 |
Credit rating (%)
AAA | 0.9 | |
AA | 5 | |
A | 47.7 | |
BBB+ | 0.1 | |
BBB | 46.2 | |
Other | 0 |
Currency (%)
USD | 100.0 |
All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index. The number of fund holdings can also differ from the index due to corporate events and proxy holdings.
Fund managers
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
Article 8The Fund promotes the above-mentioned characteristics by tracking the J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index (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.
The Fund promotes the above-mentioned characteristics by tracking the J.P. Morgan ESG Global Credit (GCI) Investment Grade USD Custom Maturity Index (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.
The Fund follows the following sustainability-related investment strategy by tracking the Index that applies:
Literature
Document type
Prices
Pricing information
Price time | 16:00 EST (NY) |
Currency | USD |
Listings and codes
Listings
Exchange | Currency | Ticker | ISIN | Bloomberg | Reuters | Listing date | Trading hours (local) |
---|---|---|---|---|---|---|---|
Borsa Italiana | EUR | USDC | IE00BLRPRD67 | USDC IM | USDC.MI | 21/01/2021 | 09:00 - 17:30 |
London Stock Exchange | GBP | USDG | IE00BLRPRD67 | USDG LN | USDG.L | 21/01/2021 | 08:00 - 16:30 |
London Stock Exchange | USD | USDC | IE00BLRPRD67 | USDC LN | USDC.L | 21/01/2021 | 08:00 - 16:30 |
Deutsche Börse Xetra | EUR | USAB | IE00BLRPRD67 | USAB GY | USABG.DE | 21/01/2021 | 09:00 - 17:30 |
SIX Swiss Exchange | CHF | USDC | IE00BLRPRD67 | USDC SW | USDC.S | 04/05/2021 | 09:00 - 17:30 |
Codes
ISIN | IE00BLRPRD67 |
SEDOL | - |
Bloomberg | USDC |
MEX | - |
Dealing information
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: