ETFs

ETF (UCITS compliant)

L&G Clean Water UCITS ETF

USD Accumulating ETF Class

ISINIE00BK5BC891

Price

TER0.49%

Fund aim

The L&G Clean Water UCITS ETF (the "ETF") aims to track the performance of the Solactive Clean Water Index NTR (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 the global clean water industry

  • Leveraging industry expertise

An index tracking investment strategy that is supported by a team of clean water experts

  • Does it have a sustainable objective?

The Fund has a sustainable investment objective as it invests in companies which (i) contribute to environmental objectives, (ii) do not significantly harm any environmental or social objectives, and (iii) follow good governance practices. Further information can be found in the Fund Supplement.

Fund facts

Fund size$418.1m
Base currencyUSD
Fund launch date2 Jul 2019
DomicileIreland
Share class launch2 Jul 2019
Replication methodPhysical - full replication
ISA eligibleYes
SIPP eligibleYes
UK Fund Reporting statusYes
As at 1 Mar 2024

Benchmark

Solactive Clean Water Index NTR

Index description

Solactive Clean Water Index NTR

The Index aims to track the performance of a basket of stocks of companies that are actively engaged in the international clean water industry through the provision of technological, digital, engineering, utility and/or other services.

The Index is comprised of companies which are publically traded on various stock exchanges around the world that are either i) companies determined to have expertise in "Utilities" with a minimum Water Revenue Share of 90%, or ii) companies determined to have expertise in "Engineering" with a minimum Water Revenue Share of 50% or iii) companies determined to have expertise in "Technology" or "Digital" and a minimum Water Revenue Share of 10%. A company is only eligible for inclusion in the index if (1) it is of 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). Moreover, the Index excludes companies: (a) engaged in pure coal mining; (b) involved in the production of controversial weapons; or (c) that, for a continuous period of three years, have been classified as being in breach of at least one of the UN Global Compact principles, which is a set of globally accepted standards on human rights, labour, environment and corruption.

The universe of companies out of which the Index selection is made is refreshed annually in March. However, the Index is reconstituted semi-annually in March and September 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 exceed 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 codeSOLWATR
Reuters code.SOLWATR
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 02 July 2019. 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:02 Jul 2019
Benchmark:Solactive Clean Water Index NTR
Share class launch date:02 Jul 2019
Benchmark:Solactive Clean Water Index NTR
    Share class launch date:02 Jul 2019
    Benchmark:Solactive Clean Water Index NTR

    Portfolio breakdown

    Top 10 constituents27.4%
    Rest of Index72.6%
    No. of constituents in Index53

    Top 10 constituents (%)

    Nomura Micro Science4.7
    Organo3.1
    Sabesp2.7
    Kadant2.6
    Core & Main2.6
    Consolidated Water2.4
    Ferguson2.4
    United Utilities2.4
    Geberit2.3
    Pennon Group2.3

    Sector (%)

    Industrials
    55.9
    Utilities
    24.6
    Information Technology
    12.1
    Materials
    3.4
    Health Care
    2.0
    Consumer Staples
    2.0

    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

    The sustainable investment objective of the Fund is to provide exposure to the global clean water industry. The Fund is passively managed and seeks to achieve its investment objective by tracking the  performance of the Solactive Clean Water Index NTR (the “Index”). The Index is a reference benchmark that has been designated for the purpose of attaining the sustainable investment objective of the Fund.

    Literature

    Prices

    Pricing information

    Price time16:00 EST (NY)
    CurrencyUSD
    Monthly price history

    Listings and codes

    Listings

    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    London Stock Exchange
    GBPGLGGIE00BK5BC891GLGG LNGLGG.L02/07/201908:00 - 16:30
    London Stock Exchange
    USDGLUGIE00BK5BC891GLUG LNGLUG.L02/07/201908:00 - 16:30
    Borsa Italiana
    EURGLUGIE00BK5BC891GLUG IMLGGLUG.MI10/09/201909:00 - 17:30
    Deutsche Börse Xetra
    EURXMLCIE00BK5BC891XMLC GYGLUG.DE10/09/201909:00 - 17:30
    SIX Swiss Exchange
    CHFGLUGIE00BK5BC891GLUG SWGLUG.S05/06/202009:00 - 17:30
    Bolsa Mexicana
    MXNGLUGIE00BK5BC891GLUGN MMGLUGN.MX17/07/202309:00 - 17:30

    Codes

    ISINIE00BK5BC891
    SEDOL-
    BloombergGLUG
    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.