ETFs

ETF (UCITS compliant)

L&G E Fund MSCI China A UCITS ETF

USD Accumulating ETF Class

ISINIE00BHBFDF83

Price

TER0.88%

Fund aim

The L&G E Fund MSCI China A UCITS ETF (the "ETF") aims to track the performance of the MSCI China A Onshore Index (the "Index").

Fund snapshot

  • The Chinese domestic economy

Invest in the growing importance of the Chinese domestic economy

  • China "A" shares

Access a broad universe of Chinese A-shares

  • Efficient access

Enables efficient access to a basket of domestic stocks that may be difficult otherwise

Fund facts

Fund size$14.4m
Base currencyUSD
Fund launch date30 Apr 2014
DomicileIreland
Share class launch19 May 2014
Replication methodPhysical - optimised
As at 1 Mar 2024

Benchmark

MSCI China A Onshore Index

Index description

MSCI China A Onshore Index Net TR USD

The Index is comprised of “A shares” issued by large and medium sized companies domiciled in the People’s Republic of China (the “PRC”) which are publically traded on the Shanghai and Shenzhen stock exchanges. A company is only eligible for inclusion in the Index if it is of a sufficient size (determined by reference to (1) the total market value of the company and (2) the proportion of its A shares that is deemed to be available for purchase in the public equity markets in the PRC, i.e. not subject to any restrictions or strategic ownership) and if its A shares are sufficiently “liquid” (a measure of how actively they are traded). Within the Index, each company is then weighted according to its relative size.

Index data

ProviderMSCI Inc.
Bloomberg codeMBCN1A
Reuters code.dMICNA0000NUS
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 19 May 2014. 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:19 May 2014
Benchmark:MSCI China A Onshore Index Net TR USD
Share class launch date:19 May 2014
Benchmark:MSCI China A Onshore Index Net TR USD
    Share class launch date:19 May 2014
    Benchmark:MSCI China A Onshore 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 costs3,670USD2,610USD
    Average return each year (%)-63.34USD-23.58USD
    Unfavourable scenario
    What you might get back after costs5,890USD6,180USD
    Average return each year (%)-41.15USD-9.17USD
    Moderate scenario
    What you might get back after costs10,480USD12,110USD
    Average return each year (%)4.75USD3.91USD
    Favourable scenario
    What you might get back after costs22,550USD17,930USD
    Average return each year (%)125.54USD12.39USD

    Portfolio breakdown

    Top 10 constituents16.7%
    Rest of Index83.3%
    No. of constituents in Index761

    Top 10 constituents (%)

    Kweichow Moutai4.3
    China Merchants Bank2.0
    Ping An Insurance1.9
    Contemporary1.8
    Midea Group1.4
    Industrial Bank1.2
    Wuliangye Yibin1.2
    CITIC Securities1.0
    China Yangtze Power1.0
    Zijin Mining Group0.9

    Sector (%)

    Financials
    19.3
    Information Technology
    16.5
    Industrials
    16.0
    Consumer Staples
    11.5
    Materials
    10.8
    Health Care
    8.4
    Consumer Discretionary
    7.6
    Utilities
    3.1
    Energy
    2.9
    Other
    3.8

    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.

    Literature

    Prices

    Pricing information

    Price time16:00 (UK)
    CurrencyUSD
    Monthly price history

    Listings and codes

    Listings

    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    Borsa Italiana
    EURCASHIE00BHBFDF83CASH IMCASH.MI02/07/201409:00 - 17:30
    London Stock Exchange
    GBPCASEIE00BHBFDF83CASE LNCASE.L19/05/201408:00 - 16:30
    London Stock Exchange
    USDCASHIE00BHBFDF83CASH LNCASH.L19/05/201408:00 - 16:30
    Deutsche Börse Xetra
    EURCASHIE00BHBFDF83CASH GYECCASH.DE19/05/201409:00 - 17:30
    Euronext Amsterdam
    EURCASHIE00BHBFDF83CASH NACASH.AS19/05/201409:00 - 17:30

    Codes

    ISINIE00BHBFDF83
    SEDOLBHBFDF8
    BloombergCASH
    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
    Spain
    Sweden
    United Kingdom