L&G Battery Value-Chain UCITS ETF
ETF (UCITS compliant)
L&G Battery Value-Chain UCITS ETF
USD Accumulating ETF Class
ISINIE00BF0M2Z96
Price
TER0.49%
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 currency | USD |
Fund launch date | 15 Dec 2017 |
Domicile | Ireland |
Share class launch | 23 Jan 2018 |
Replication method | Physical - full replication |
ISA eligible | Yes |
SIPP eligible | Yes |
UK Fund Reporting status | Yes |
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
Provider | Solactive |
Bloomberg code | SOLBATT |
Reuters code | .SOLBATT |
Type | Net Total Return |
Website | Go to website |
Performance
Portfolio breakdown
As at 31 Jan 2024
Top 10 constituents | 43.0% |
---|---|
Rest of Index | 57.0% |
No. of constituents in Index | 31 |
---|
Top 10 constituents (%)
Hyundai | 4.9 |
TDK Corporation | 4.9 |
Sumitomo Electric Industries | 4.6 |
ABB | 4.6 |
Volkswagen | 4.3 |
Mercedes-Benz | 4.1 |
Honda Motor | 4.0 |
Panasonic | 3.9 |
Enersys | 3.9 |
BMW | 3.9 |
Sector (%)
Consumer Discretionary | 39.2 |
Industrials | 27.3 |
Materials | 16.7 |
Information Technology | 14.6 |
Communication Services | 2.2 |
Top 10 constituents | 43.0% |
---|---|
Rest of Index | 57.0% |
No. of constituents in Index | 31 |
---|
Top 10 constituents (%)
Hyundai | 4.9 |
TDK Corporation | 4.9 |
Sumitomo Electric Industries | 4.6 |
ABB | 4.6 |
Volkswagen | 4.3 |
Mercedes-Benz | 4.1 |
Honda Motor | 4.0 |
Panasonic | 3.9 |
Enersys | 3.9 |
BMW | 3.9 |
Sector (%)
Consumer Discretionary | 39.2 |
Industrials | 27.3 |
Materials | 16.7 |
Information Technology | 14.6 |
Communication Services | 2.2 |
Currency (%)
JPY | 26.5 |
EUR | 23.4 |
USD | 15.8 |
KRW | 12.5 |
AUD | 11.1 |
CHF | 4.6 |
TWD | 3.5 |
HKD | 2.7 |
Country (%)
Japan | 26.5 |
United States | 12.9 |
Korea | 12.5 |
Germany | 12.2 |
Australia | 11.1 |
France | 6.0 |
Switzerland | 4.6 |
Finland | 3.9 |
Taiwan | 3.5 |
Other | 6.9 |
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
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 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.
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.
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) |
---|---|---|---|---|---|---|---|
London Stock Exchange | GBP | BATG | IE00BF0M2Z96 | BATG LN | BATG.L | 23/01/2018 | 08:00 - 16:30 |
London Stock Exchange | USD | BATT | IE00BF0M2Z96 | BATT LN | BATT.L | 23/01/2018 | 08:00 - 16:30 |
Borsa Italiana | EUR | BATT | IE00BF0M2Z96 | BATT IM | BATT.MI | 19/02/2018 | 09:00 - 17:30 |
Deutsche Börse Xetra | EUR | BATE | IE00BF0M2Z96 | BATE GY | ECBATE.DE | 06/02/2018 | 09:00 - 17:30 |
Euronext Amsterdam | EUR | BATT | IE00BF0M2Z96 | BATT NA | BATT.AS | 01/02/2018 | 09:00 - 17:30 |
SIX Swiss Exchange | CHF | BATT | IE00BF0M2Z96 | BATT SW | BATT.S | 05/06/2020 | 09:00 - 17:30 |
Bolsa Mexicana | MXN | BATT | IE00BF0M2Z96 | BATT MM | BATT.MX | 21/07/2022 | 09:00 - 17:30 |
Codes
ISIN | IE00BF0M2Z96 |
SEDOL | BF0M2Z9 |
Bloomberg | BATT |
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:
*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.