ETF (UCITS compliant)

L&G Europe Equity (Responsible Exclusions) UCITS ETF

Fund facts

Fund size*
€98.3m
Base currency
EUR
Listing date
17 Sep 2019
Domicile
Ireland
Index ticker
FXBYSCEU
Replication method
Physical - full replication

Statistics

*As at 07 Aug 2020

Fund aim

L&G Europe Equity (Responsible Exclusions) UCITS ETF (the "ETF") aims to track the performance of the Foxberry Sustainability Consensus Europe Total Return Index (the “Index”).

  • Long-term allocation

Allocating assets into companies with high score on sustainability factors

  • Impact investing

Aims to incentivise companies to improve their sustainability ratings

  • Dynamic investment process

The index consensus process can respond to new sustainability considerations, including sustainability and sector based activities, and have an impact where the data from sustainability research providers are sporadic, erratic, spurious and/or limited

Foxberry Sustainability Consensus Europe Total Return Index

The index aims to track the performance of a basket of companies taking into account environmental, social and corporate governance factors. The asset allocation has a focus on companies with high sustainability factors scores, incentivising them to improve their sustainability ratings.

The index is comprised of companies that are publicly traded on various stock exchanges around the world that obtain high scores on sustainability factors. The index approach uses a consensus process, combining expertise of the Sustainability Committee and unlocking the sustainability expertise among the asset owner community.

The Foxberry Sustainability Committee handles issues around sustainability matters, including: i) environmental issues; ii) governance issues; iii) sustainability issues; iv) UN sustainable development goals; v) ongoing controversies; vi) norms-based standards, which are minimum standards of business practice based on international norms; vii) equality issues; viii) ethical considerations.

Index data

Provider
Foxberry
Bloomberg code
FXBYSCEU
Reuters code
.FXBYSCEU
Type
Net Total Return
Website
www.foxberry.com

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. The ETF’s portfolio may deviate from the below

Sector (%)

Health Care17.1
Financials16.4
Consumer Staples13.5
Industrials13.5
Consumer Discretionary10.0
Materials8.5
Information Technology8.3
Utilities4.9
Communication Services4.4
Other3.3

Currency (%)

EUR51.5
GBP21.4
CHF16.8
SEK5.4
DKK3.9
NOK0.8
PLN0.4
Top 10 constituents20.4
Rest of Index79.6
No. of constituents in Index562

Top 10 constituents (%)

Nestle4.0
Roche3.0
Novartis2.3
ASML1.9
SAP1.9
AstraZeneca1.7
Lvmh Moet-Hennessy1.5
Sanofi1.4
Linde1.4
Novo Nordisk1.3

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

Further details

Charges and tax

TER
0.16%
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 ExchangeEURRIEU17/09/2019IE00BKLTRN76RIEU LNRIEU.L08:00 - 16:30
London Stock ExchangeGBPRIEG17/09/2019IE00BKLTRN76RIEG LNRIEG.L08:00 - 16:30
Borsa ItalianaEURRIEU19/11/2019IE00BKLTRN76RIEU IMRIEU.MI09:00 - 17:30
Deutsche BörseEURDELF27/01/2020DE000A2PWZC9DELF GYRIEU.DE09:00 - 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.

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 L&G Europe Equity (Responsible Exclusions) UCITS ETF (the “ETF”) is not sponsored, promoted, sold or supported in any other manner by Foxberry Limited or Solactive AG (the “Index Parties”), nor do the Index Parties offer any express or implicit guarantee or assurance either with regard to the results of using the Foxberry Sustainability Consensus Europe Total Return Index (the “Index”) and/or Index trademark or the Index price at any time or in any other respect. The Index is calculated and published by Solactive AG. The Index Parties use their best efforts to ensure that the Index is calculated correctly. Irrespective of their obligations towards the Company, the Index Parties have no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the ETF. Neither publication of the Index by Solactive AG nor the licensing of the Index or Index trademark by Foxberry Limited for the purpose of use in connection with the ETF constitutes a recommendation by the Index Parties to invest capital in the ETF nor does it in any way represent an assurance or opinion of the Index Parties with regard to any investment in the ETF.

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