ETFs

ETF (UCITS compliant)

L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF

Proactively designed investment strategy for investors seeking equity income with quality screens and responsible exclusions.

ISINIE00BMYDM802

Price

TER0.25%

Fund aim

The L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF (the "ETF") aims to track the performance of the FTSE All Share ex IT ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index (the “Index”).

Fund snapshot

  • Invests in a basket of stocks aiming to provide equity income with quality screens and responsible exclusions. The investment strategy seeks to invest in companies distributing income consistently and with the potential to sustain their dividend payouts, while screening out for stocks with fundamentally poor balance sheet, income statement and/or ESG characteristics.
  • Invests for all funds in a diverse mix of companies from the U.K. and a variety of sectors.
  • 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£42.1m
Base currencyGBP
Fund launch date15 Apr 2021
DomicileIreland
Share class launch15 Apr 2021
Replication methodPhysical - full replication
ISA eligibleYes
SIPP eligibleYes
UK Fund Reporting statusYes
Dividend yield*5.22%
As at 1 Mar 2024
*Twelve month yield calculated in the Fund’s base currency.

Benchmark

FTSE All Share ex IT ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index

Index description

FTSE All Share ex IT ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index

The FTSE All Share ex IT ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index contains stocks that have positive dividend growth, a relatively higher forward dividend yield and enhanced quality exposure. The index is reviewed semi annually when it excludes companies with negative or zero return on equity, or ones not meeting specific ESG criteria. Additionally, the index is endowed with filters based on ESG exclusions and with membership in some exclusion ICB subsectors.

Constituents for the FTSE All Share ex IT ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index are derived from the FTSE All Shares ex Investment Trusts Index universe.

Index data

ProviderFTSE
Bloomberg codeASXXCTDN
Reuters code.ASXXCTDN
TypeNet Total Return
WebsiteGo to website

Performance

Performance for the GBP Distributing unit class in GBP, launched on 15 April 2021. 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:15 Apr 2021
Benchmark:FTSE All Share ex IT ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index
Share class launch date:15 Apr 2021
Benchmark:FTSE All Share ex IT ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index
    Share class launch date:15 Apr 2021
    Benchmark:FTSE All Share ex IT ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index

    Portfolio breakdown

    Top 10 constituents52.6%
    Rest of Index47.4%
    No. of constituents in Index34

    Top 10 constituents (%)

    Intermediate Capital Group6.2
    Taylor Wimpey6.1
    BAE Systems5.5
    Legal & General Group5.5
    Rio Tinto5.3
    National Grid5.0
    Admiral Group4.8
    Barclays4.7
    Lloyds Banking Group4.7
    Hargreaves Lansdown4.7

    Sector (%)

    Financials
    51.5
    Materials
    11.0
    Consumer Discretionary
    10.4
    Industrials
    9.6
    Consumer Staples
    8.4
    Utilities
    6.7
    Communication Services
    2.5

    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

    Environmental characteristics
    Social characteristics

    The Fund promotes the above-mentioned characteristics by tracking the FTSE All Share ex IT ex CW ex TC ex REITS Dividend Growth with Quality Net Tax 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.

    Literature

    Prices

    Pricing information

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

    Listings and codes

    Listings

    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    London Stock Exchange
    GBPLDUKIE00BMYDM802LDUK LNLDUK.L15/04/202108:00 - 16:30
    Deutsche Börse Xetra
    EURBAT3IE00BMYDM802BAT3 GYBAT3.DE21/06/202309:00 - 17:30

    Codes

    ISINIE00BMYDM802
    SEDOL-
    BloombergLDUK
    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