ETF (UCITS compliant)

L&G Russell 2000 US Small Cap UCITS ETF

Fund facts

Fund size*
$52.4m
Base currency
USD
Listing date
25 Sep 2008
Domicile
Ireland
Index ticker
RU20N30U
Replication method
Synthetic - unfunded swap backed by collateral

Statistics

*As at 07 Aug 2020

Fund aim

The L&G Russell 2000 US Small Cap UCITS ETF (the "ETF") aims to track the performance of the Russell 2000® Index (the "Index").

  • 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

Russell 2000® Index

The Index aims to track the performance of a basket of stocks of companies representing the small-cap segment of the U.S. equity universe.

The Index is comprised of the "small capitalisation" segment of publicly traded companies in the United States which is determined by: (1) ranking all of the eligible companies in descending order by reference to the total market value of each company's shares; and (2) selecting the companies ranked from 1,001 to 3,000.

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 its shares and the proportion that are freely tradable by the public, i.e. not subject to any restrictions or fixed ownership); and (2) its share price exceeds a minimum threshold.

Index data

Provider
FTSE Russell
Bloomberg code
RU20N30U
Reuters code
.RUTNU
Type
Net Total Return
Website
www.ftse.com/products/indices/russell-us

Fund updates

Performance

Source: Lipper.

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 30 Jun 2020

    CumulativeFundBenchmark
    1 month3.493.49
    6 months-13.19-13.16
    Year to date-13.19-13.16
    3 years4.234.87
    5 years20.1920.85
    Since launch--
    AnnualisedFundBenchmark
    1 year-7.10-7.00
    3 years1.391.60
    5 years3.743.86
    Since launch--

    As at 30 Jun 2020

    CumulativeFundBenchmark
    Quarterly25.3025.30
    Year to date-13.19-13.16
    3 years4.234.87
    5 years20.1920.85
    Since launch--
    AnnualisedFundBenchmark
    1 year-7.10-7.00
    3 years1.391.60
    5 years3.743.86
    Since launch--
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

    Rolling 12-month performance to last quarter end (%)

    12 months to 30 June 2016 2017 2018 2019 2020
    Fund-7.0524.0616.86-3.97-7.12
    Benchmark-7.1424.0917.13-3.70-7.02

    Calendar year performance (%)

    2015 2016 2017 2018 2019
    Fund-4.7120.7814.10-11.6324.75
    Benchmark-4.7920.7814.21-11.3525.00

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-7.101.393.74-
    Benchmark-7.001.603.86-

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund-7.101.393.74-
    Benchmark-7.001.603.86-

    Performance for the USD Accumulating ETF class in USD, listed on 25 September 2008. 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 guide to the future.

    Portfolio

    As at 30 Jun 2020. All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding.

    The breakdowns below relate to the Index.

    Sector (%)

    Pharma & Biotech11.8
    Banks9.0
    Information Technology7.6
    REITs6.8
    Utilities4.4
    Leisure3.7
    Commercial Services3.4
    Consumer Products3.2
    Electronics3.1
    Other46.8

    Currency (%)

    USD100.0
    Top 10 constituents2.7
    Rest of Index97.3
    No. of constituents in Index2,003

    Top 10 constituents (%)

    Deckers Brands0.3
    LHC Group0.3
    BJ's Wholesale Club0.3
    Churchill Downs0.3
    MyoKardia0.3
    Novavax0.3
    Helen of Troy0.3
    SiteOne Landscape Supply0.3
    EastGroup Properties0.3
    Ultragenyx Pharmaceutical0.3

    Investment Manager

    GO ETF Solutions LLP is the investment manager for each of the exchange traded funds (ETFs) issued by Legal & General UCITS ETF Plc and is responsible for the day-to-day investment management decisions for this ETF. The team is highly experienced with respect to all aspects relating to the management of an ETF portfolio, including collateral management, OTC swap trading, adherence to UCITS regulations and counterparty exposure and monitoring.

    Literature

    Marketing documents

    Reportable income

    Prices

    Name
    USD Acc
    Currency
    USD
    NAV
    65.17
    Price time
    16:00 EST (NY)

    Further details

    Charges and tax

    TER
    0.45%
    ISA eligible
    Yes
    SIPP eligible
    Yes
    UK Fund Reporting Status
    Yes

    Management / administration

    Issuer
    Legal & General UCITS ETF Plc
    Custodian and Trustee
    The Bank of New York Mellon SA/NV
    Registrar
    Computershare Investor Services (Ireland) Ltd
    Securities regulator
    Central Bank of Ireland

    Country registration

    This share class is registered for sale in the following countries:

    Listings

    Details
    Codes
    ExchangeCurrencyTickerListing dateISINBloomberg codeReuters codeTrading hours (local)
    London Stock ExchangeGBPRTWP06/11/2008IE00B3CNHJ55RTWP LNRTWP.L08:00 - 16:30
    London Stock ExchangeUSDRTWO25/09/2008IE00B3CNHJ55RTWO LNRTWO.L08:00 - 16:30
    Borsa ItalianaEURRTWO29/01/2009IE00B3CNHJ55RTWO IMRTWO.MI09:00 - 17:30
    Deutsche BörseEURETLZ04/12/2008IE00B3CNHJ55ETLZ GYETLZ.DE09:00 - 17:30
    EuronextEURRTWO15/09/2008IE00B3CNHJ55RTWO NARTWO.AS09:00 - 17:30

    Key risks

    The value of an investment and any income taken from it is not guaranteed and can go down as well as up. You may not get back the amount you originally invested.

    Past performance is not a guide to the future.

    An investment in the ETF involves a significant degree of risk. Any decision to invest should be based on the information contained in the relevant prospectus. Prospective investors should obtain their own independent accounting, tax and legal advice and should consult their own professional advisers to ascertain the suitability of the ETF as an investment.

    Market trading in commodity futures contracts can be extremely “volatile”. This means that the prices of the futures contracts comprised in the Index may fluctuate rapidly based on numerous factors, including supply and demand relationships, weather, agriculture, trade, economic or political events, technological developments, interest rates and governmental policies.

    If a swap counterparty is no longer willing or able to continue entering into swaps with the ETF, the ETF will not be able to continue tracking the Index.

    If a swap counterparty increases the cost of entering into swaps with the ETF, the ETF’s performance will be negatively impacted.

    Third party service providers (such as swap counterparties or the ETF’s depositary) may go bankrupt and fail to pay money due to the ETF or return property belonging to the ETF.

    If the Index provider stops calculating the Index or if the ETF’s license to track the Index is terminated, the ETF may have to be closed.

    It may not always be possible to buy and sell ETF shares on a stock exchange or at prices closely reflecting the NAV.

    There is no capital guarantee or protection on the value of the ETF. Investors can lose all the capital invested in the ETF.

    Please refer to the “Risk Factors” section of the Issuer’s Prospectus and the Fund Supplement.

    For more information, please refer to the key investor information document.

    Important information

    Issued by LGIM Managers (Europe) Limited as management company for this fund. Registered in Ireland No. 609677. Registered Office: 33/34 Sir John Rogerson’s Quay, Dublin, 2, Ireland. Authorised and Regulated by the Central Bank of Ireland No. C173733.

    GO ETF Solutions LLP has been appointed as the discretionary investment manager for this Fund, it is authorised and regulated by the Financial Conduct Authority No.477266.

    We are a member of the Irish Funds Association.

    All features described on this website are those current at the time of publication and may be changed in the future. Nothing on this website should be construed as advice and it is therefore not a recommendation to buy or sell securities. If in doubt about the suitability of this product, you should seek professional advice. Copies of the prospectus, key investor information document, annual and semi-annual reports & accounts are available free of charge on request or at www.lgimetf.com.

    This website is only directed at investors resident in jurisdictions where our funds are registered for sale. It is not an offer or invitation to persons outside of those jurisdictions. We reserve the right to reject any applications from outside of such jurisdictions.

    Source and third party data

    Source: Unless otherwise indicated all data contained on this website is sourced from Legal & General Investment Management Limited.

    Where this document contains third party data ('Third Party Data’), we cannot guarantee the accuracy, completeness or reliability of such Third Party Data and accept no responsibility or liability whatsoever in respect of such Third Party Data

    Index disclaimer

    The Russell 2000® Index (the “Index”) is a trademark of Frank Russell Company (“Russell”) and has been licensed for use by the L&G Russell 2000 US Small Cap UCITS ETF (the “ETF”). The ETF is not in any way sponsored, endorsed, sold or promoted by Russell or the London Stock Exchange Group companies (“LSEG”) (together the “Licensor Parties”) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the ETF is based), (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the ETF. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to Legal & General UCITS ETF Plc or to its investors. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to advise any person of any error therein.