L&G Russell 2000 US Small Cap Quality UCITS ETF
ETF (UCITS compliant)
L&G Russell 2000 US Small Cap Quality UCITS ETF
USD Accumulating ETF Class
ISINIE00B3CNHJ55
Price
TER0.30%
ISINIE00B3CNHJ55
Price
TER0.30%
Fund aim
The L&G Russell 2000 US Small Cap Quality UCITS ETF (the “ETF”) aims to track the performance of the Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index (the “Index”).
Fund snapshot
- Sector allocation
Invest in the growth potential of US small caps
- Diversification
Diversify a US large cap portfolio with a broad basket of 2,000 US small caps
Fund facts
Fund size | $87.2m |
Base currency | USD |
Fund launch date | 29 Aug 2008 |
Domicile | Ireland |
Share class launch | 25 Sep 2008 |
Replication method | Physical - optimised replication |
Benchmark
Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index
Index description
Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index
The Index measures the performance of a basket of stocks within the small-capitalisation segment of the U.S. equity market. The Index derives its universe from the Russell 2000 Index which includes approximately 2000 of the smallest securities based on a combination of their market capitalisation and current index membership. The Index then applies a quality tilt by adjusting the market cap weight of those constituents with better quality characteristics upwards and adjusting the market cap weights of those with poorer quality characteristics downwards such the target active quality factor exposure, set at 0.4, is achieved. Securities with a weight of less than 2 basis points are removed from the Index. Quality factor is defined as a composite measure of a company’s profitability and leverage and is determined by FTSE International Limited (the “Index Administrator”) using a rules-based approach, as further described in the index methodology document.
Index data
Provider | FTSE Russell |
Bloomberg code | R2QTEN |
Reuters code | .TFTR2QTENU |
Type | Net 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 | 540USD | 510USD |
Average return each year (%) | -94.59 | -44.86 | |
Unfavourable scenario | What you might get back after costs | 7,560USD | 9,560USD |
Average return each year (%) | -24.44 | -0.89 | |
Moderate scenario | What you might get back after costs | 10,480USD | 13,980USD |
Average return each year (%) | 4.83 | 6.94 | |
Favourable scenario | What you might get back after costs | 19,480USD | 22,220USD |
Average return each year (%) | 94.80 | 17.32 |
There is no minimum guaranteed return. You could lose some or all of your investment.
Portfolio breakdown
As at 31 Jan 2024
Top 10 constituents | 6.1% |
---|---|
Rest of Index | 93.9% |
No. of constituents in Index | 1,050 |
---|
Top 10 constituents (%)
Qualys | 0.9 |
Essent Group | 0.7 |
e.l.f. Cosmetics | 0.7 |
Alpha Metallurgical Resources | 0.6 |
PBF Energy | 0.6 |
Comfort Systems USA | 0.6 |
Rambus | 0.6 |
Supermicro | 0.6 |
Artisan Partners Asset Management | 0.5 |
Lantheus | 0.5 |
Sector (%)
Financials | 16.3 |
Industrials | 16.1 |
Health Care | 15.5 |
Information Technology | 13.7 |
Consumer Discretionary | 11.1 |
Energy | 7.1 |
Real Estate | 6.1 |
Materials | 4.8 |
Consumer Staples | 4.1 |
Other | 5.2 |
Top 10 constituents | 6.1% |
---|---|
Rest of Index | 93.9% |
No. of constituents in Index | 1,050 |
---|
Top 10 constituents (%)
Qualys | 0.9 |
Essent Group | 0.7 |
e.l.f. Cosmetics | 0.7 |
Alpha Metallurgical Resources | 0.6 |
PBF Energy | 0.6 |
Comfort Systems USA | 0.6 |
Rambus | 0.6 |
Supermicro | 0.6 |
Artisan Partners Asset Management | 0.5 |
Lantheus | 0.5 |
Sector (%)
Financials | 16.3 |
Industrials | 16.1 |
Health Care | 15.5 |
Information Technology | 13.7 |
Consumer Discretionary | 11.1 |
Energy | 7.1 |
Real Estate | 6.1 |
Materials | 4.8 |
Consumer Staples | 4.1 |
Other | 5.2 |
Currency (%)
USD | 100.0 |
Country (%)
United States | 93.1 |
Bermuda | 1.9 |
Cayman Islands | 1.5 |
Canada | 0.8 |
Marshall Islands | 0.7 |
Ireland | 0.7 |
United Kingdom | 0.4 |
Puerto Rico | 0.3 |
Israel | 0.2 |
Other | 0.5 |
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
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
Document type
Prices
Pricing information
Price time | 16:00 EST (NY) |
Currency | USD |
Download full price history
Listings and codes
Listings
Exchange | Currency | Ticker | ISIN | Bloomberg | Reuters | Listing date | Trading hours (local) |
---|---|---|---|---|---|---|---|
London Stock Exchange | GBP | RTWP | IE00B3CNHJ55 | RTWP LN | RTWP.L | 06/11/2008 | 08:00 - 16:30 |
London Stock Exchange | USD | RTWO | IE00B3CNHJ55 | RTWO LN | RTWO.L | 25/09/2008 | 08:00 - 16:30 |
Borsa Italiana | EUR | RTWO | IE00B3CNHJ55 | RTWO IM | RTWO.MI | 29/01/2009 | 09:00 - 17:30 |
Deutsche Börse Xetra | EUR | ETLZ | IE00B3CNHJ55 | ETLZ GY | ETLZ.DE | 04/12/2008 | 09:00 - 17:30 |
Euronext Amsterdam | EUR | RTWO | IE00B3CNHJ55 | RTWO NA | RTWO.AS | 15/09/2008 | 09:00 - 17:30 |
SIX Swiss Exchange | USD | RTWO | IE00B3CNHJ55 | RTWO SW | RTWO.S | 31/01/2024 | 09:00 - 17:30 |
Codes
ISIN | IE00B3CNHJ55 |
SEDOL | B3CNHJ5 |
Bloomberg | RTWO |
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: