ETF (UCITS compliant)

L&G Cyber Security UCITS ETF

Fund facts

Fund size
$903.9m
Base currency
USD
Listing date
28 Sep 2015
Domicile
Ireland
Index ticker
HURNTR
Replication method
Physical - full replication

Statistics

As at 31 Aug 2019

Fund aim

The L&G Cyber Security UCITS ETF (the "ETF") aims to track the performance of the ISE Cyber Security® UCITS Index (the "Index").

  • 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 cyber security products and services

  • Leveraging industry expertise

An index tracking investment strategy that is supported by a team of cyber security experts

ISE Cyber Security® UCITS Index

The Index aims to track the performance of a basket of stocks of companies that are actively engaged in providing cyber security technology and services.

The Index is comprised of companies which are publically traded on various stock exchanges around the world that generate a material proportion of their revenues from the cyber security industry. The industry is deemed to be comprised of companies in the following two subsectors: (1) Infrastructure Providers that develop hardware and software for safeguarding internal and external access to files, websites and networks; and (2) Service Providers that provide consulting and secure cyber-based services.

A company is only eligible for inclusion in the Index if it is of a sufficient size (determined by reference to the total market value of its shares) and it is sufficiently “liquid” (a measure of how actively its shares are traded on a daily basis).

Within the Index, the weights allocated to the Infrastructure Provider and Service Provider subsectors are determined by reference to the relative size of each sector (i.e. the total market value of the shares of all companies within each subsector). Initially, the companies are equally weighted within each subsector. However, an adjustment to the weights is made if any company falls short of a liquidity test that is applied to each company individually.

Index data

Provider
Nasdaq Global Indexes
Bloomberg code
HURNTR
Reuters code
.HURNTR
Type
Net Total Return
Website
indexes.nasdaqomx.com/

Fund updates

Performance

Source: Lipper.

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Aug 2019

    Cumulative Fund Benchmark
    1 month -4.42 -4.34
    6 months -0.73 -0.13
    Year to date 20.42 21.39
    3 years 56.68 60.63
    5 years - -
    Since launch 64.90 69.54
    Annualised Fund Benchmark
    1 year 2.18 3.19
    3 years 16.15 17.12
    5 years - -
    Since launch 13.59 14.40

    As at 30 Jun 2019

    Cumulative Fund Benchmark
    Quarterly 3.02 3.19
    Year to date 23.99 24.53
    3 years 81.88 85.79
    5 years - -
    Since launch 69.79 73.93
    Annualised Fund Benchmark
    1 year 14.22 15.15
    3 years 22.07 22.93
    5 years - -
    Since launch 15.14 15.90
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 June 2015 2016 2017 2018 2019
    Fund - - 27.18 25.20 14.22
    Benchmark - - 27.72 26.33 15.15

    Calendar year performance (%)

    2014 2015 2016 2017 2018
    Fund - - -1.08 23.40 9.12
    Benchmark - - -0.71 24.19 10.08

    Monthly performance (%)

    Annualised performance (%)

    1 year 3 years 5 years Since launch
    Fund 2.18 16.15 - 13.59
    Benchmark 3.19 17.12 - 14.40

    Annualised performance (%)

    1 year 3 years 5 years Since launch
    Fund 14.22 22.07 - 15.14
    Benchmark 15.15 22.93 - 15.90

    Performance for the USD Accumulating ETF class in USD, listed on 28 September 2015. 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 31 Aug 2019. All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding.

    The breakdowns below relate to the Index. The ETF’s portfolio may deviate from the below

    Sector (%)

    Information Technology 93.4
    Industrials 6.6

    Currency (%)

    USD 81.4
    GBP 7.8
    JPY 4.3
    SEK 2.6
    KRW 2.4
    EUR 1.5
    Top 10 constituents 26.8
    Rest of Index 73.2
    No. of constituents in Index 49

    Top 10 constituents (%)

    Akamai Technologies 2.9
    Trend Micro 2.9
    Symantec 2.8
    ForeScout Technologies 2.8
    Fortinet 2.7
    Palo Alto Networks 2.6
    Fingerprint Cards 2.6
    Radware 2.6
    Carbon Black 2.5
    Onespan 2.5

    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

    Prices

    Name
    USD Acc
    Currency
    USD
    NAV
    15.59
    Price time
    16:00 EST (NY)

    Further details

    Charges and tax

    TER
    0.75%
    ISA eligible
    Yes
    SIPP eligible
    Yes
    UK Fund Reporting Status
    Yes

    Management / administration

    Issuer
    Legal & General UCITS ETF Plc
    Custodian and Trustee
    BNY Mellon Trust Company (Ireland) Limited
    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
    Exchange Currency Ticker Listing date ISIN Bloomberg code Reuters code Trading hours (local)
    London Stock Exchange GBP ISPY 28/09/2015 IE00BYPLS672 ISPY LN ISPY.L 08:00 - 16:30
    London Stock Exchange USD USPY 28/09/2015 IE00BYPLS672 USPY LN USPY.L 08:00 - 16:30
    Borsa Italiana EUR ISPY 17/11/2015 IE00BYPLS672 ISPY IM ISPY.MI 09:00 - 17:30
    Deutsche Börse EUR USPY 12/10/2015 DE000A14ZT85 USPY GY ECUSPY.DE 09:00 - 17:30
    Euronext EUR ISPY 14/06/2017 IE00BYPLS672 ISPY NA ISPY.AS 09:00 - 17:30
    SIX Swiss Exchange CHF ISPY 11/01/2016 IE00BYPLS672 ISPY SW ISPY.S 09:00 - 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.

    The value of the shares in the ETF is directly affected by increases and decreases in the value of the Index. Accordingly the value of a share in the ETF may go up or down and a shareholder may lose some or the entire amount invested.

    The ETF's ability to closely track the Index will be affected by its ability to purchase and/or sell the Index constituents and any legal or regulatory restrictions or disruptions affecting them.

    The ETF's ability to closely track the Index will also be affected by transaction costs and taxes incurred when adjusting its investment portfolio generally and/or to mirror any periodic adjustments to the constituents of the Index. There can be no certainty that ETF shares can always be bought or sold on a stock exchange or that the market price at which the ETF shares may be traded on a stock exchange will reflect the performance of the Index.

    The ETF is subject to the risk that third party service providers (such as a bank entering into swaps with the ETF or the ETF's depositary) may go bankrupt or fail to pay money due to the ETF or return property belonging to the ETF.

    As the Index includes micro, small and medium-sized publicly traded companies, the ETF is subject to the risk that such companies may be more vulnerable to adverse business or economic events and greater and more unpredictable price changes than larger companies or the stock market as a whole.

    The ETF is subject to the risks associated with technology-focused companies and are particularly vulnerable to rapid developments in technology (which may leave their products out-of-date), government regulation and competition from domestic and foreign competitors who may have lower production costs. Such companies may also have difficulties establishing and maintaining patents, copyrights, trademarks and trade secrets relating to their products which could negatively affect their value.

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

    Important information

    Issued by LGIM ETF Managers Limited as management company for this fund. Registered in Ireland No. 454170. Registered Office: 6th Floor, 2 Grand Canal Square, Dublin, 2, Ireland. Authorised and Regulated by the Central Bank of Ireland No. C50537.

    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.

    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

    Nasdaq, Inc. and its respective affiliates do not guarantee the accuracy and/or the completeness of the ISE Cyber Security® UCITS Index (the “Index”) or any data included therein and Nasdaq, Inc. and its respective affiliates shall have no liability for any errors, omissions, or interruptions therein. Nasdaq, Inc. and its respective affiliates make no warranty, express or implied, as to results to be obtained by the adviser, owners of the ETF, or any other person or entity from the use of the Index or any data included therein. Nasdaq, Inc. and its respective affiliates make no express or implied warranties, and expressly disclaim all warranties, of merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, in no event shall Nasdaq, Inc. or its respective affiliates have any liability for any lost profits or indirect, punitive, special or consequential damages or losses, even if notified of the possibility of such damages.

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