ETF (UCITS compliant)

L&G Japan Equity UCITS ETF

Fund facts

Fund size*
$285.8m
Base currency
USD
Listing date
13 Nov 2018
Domicile
Ireland
Index ticker
SFWJPUN
Replication method
Physical - full replication

Statistics

*As at 26 Jan 2021

Fund aim

The L&G Japan Equity UCITS ETF (the “ETF”) aims to track the performance of the Solactive Core Japan Large & Mid Cap USD Index NTR (the “Index”).

  • Aims to track the performance of the Index
  • Invests in a diverse mix of leading Japanese companies from a variety of sectors
  • Employs a straightforward, low-cost and pragmatic index replication approach

Solactive Core Japan Large & Mid Cap Index

The Index is designed to be a benchmark for the Japanese equity market and measures the performance of large and mid-cap publicly traded Japanese companies which satisfy minimum criteria relating to liquidity and size and excludes companies: (a) engaged in pure coal mining; (b) involved in the production of controversial weapons, such as cluster weapons, anti-personnel mines or biological and chemical 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.

Index data

Provider
Solactive
Bloomberg code
SFWJPUN
Reuters code
.SFWJPUN
Type
Net Total Return
Website
www.solactive.com

Fund updates

Performance

Source: Lipper.

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Dec 2020

    CumulativeFundBenchmark
    1 month4.164.12
    6 months23.2123.16
    Year to date14.4314.36
    3 years--
    5 years--
    Since launch28.8628.47
    AnnualisedFundBenchmark
    1 year14.3914.32
    3 years--
    5 years--
    Since launch12.5112.35

    As at 30 Sep 2020

    CumulativeFundBenchmark
    Quarterly6.886.97
    Year to date-0.73-0.68
    3 years--
    5 years--
    Since launch11.7911.58
    AnnualisedFundBenchmark
    1 year6.786.89
    3 years--
    5 years--
    Since launch6.055.94
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 31 December 2016 2017 2018 2019 2020
    Fund---19.9514.43
    Benchmark---19.7314.36

    Calendar year performance (%)

    2016 2017 2018 2019 2020
    Fund---19.9514.43
    Benchmark---19.7314.36

    Monthly performance (%)

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund14.39--12.51
    Benchmark14.32--12.35

    Annualised performance (%)

    1 year3 years5 yearsSince launch
    Fund6.78--6.05
    Benchmark6.89--5.94

    Performance for the USD Accumulating ETF class in USD, listed on 13 November 2018. 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 Dec 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 (%)

    Consumer Discretionary18.3
    Industrials18.1
    Information Technology10.8
    Health Care10.3
    Communication Services9.6
    Financials7.9
    Consumer Staples7.7
    Materials5.6
    Real Estate3.3
    Other8.4

    Currency (%)

    JPY100.0
    Top 10 constituents21.5
    Rest of Index78.5
    No. of constituents in Index337

    Top 10 constituents (%)

    Toyota Motor4.2
    Sony2.9
    Keyence2.6
    SoftBank Group2.5
    Nintendo1.8
    Shin-Etsu1.7
    Daiichi Sankyo1.6
    Nidec1.5
    Nippon Telegraph & Telephone1.5
    Daikin Industries1.4

    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

    Prices

    Name
    USD Acc
    Currency
    USD
    NAV
    13.11
    Price time
    16:00 EST (NY)

    Further details

    Charges and tax

    TER
    0.10%
    ISA eligible
    Yes
    SIPP eligible
    Yes
    UK Fund Reporting Status
    Yes

    Management / administration

    Issuer
    Legal & General UCITS ETF Plc
    Depositary and Trustee
    The Bank of New York Mellon SA/NV, Dublin Branch
    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 ExchangeGBPLGJG13/11/2018IE00BFXR5T61LGJG LNLGJG.L08:00 - 16:30
    London Stock ExchangeUSDLGJP13/11/2018IE00BFXR5T61LGJP LNLGJP.L08:00 - 16:30
    Borsa ItalianaEURLGJP16/01/2018IE00BFXR5T61LGJP IMLGJP.MI09:00 - 17:30
    Deutsche BörseEURETLR15/01/2018IE00BFXR5T61ETLR GYETLR.DE09:00 - 17:30
    EuronextEURLGJP16/01/2018IE00BFXR5T61LGJP NALGJP.MI09:00 - 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.

    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

    In the United Kingdom and outside the European Economic Area, it is issued by Legal & General Investment Management Limited, authorised and regulated by the Financial Conduct Authority, No. 119272. Registered in England and Wales No. 02091894 with registered office at One Coleman Street, London, EC2R 5AA.

    In the European Economic Area, it is issued by LGIM Managers (Europe) Limited, authorised by the Central Bank of Ireland as a UCITS management company (pursuant to European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No. 352 of 2011), as amended) and as an alternative investment fund manager with “top up” permissions which enable the firm to carry out certain additional MiFID investment services (pursuant to the European Union (Alternative Investment Fund Managers) Regulations 2013 (S.I. No. 257 of 2013), as amended). Registered in Ireland with the Companies Registration Office (No. 609677). Registered Office: 33/34 Sir John Rogerson’s Quay, Dublin, 2, Ireland. Regulated by the Central Bank of Ireland (No. C173733).

    LGIM Managers (Europe) Limited operates a branch network in the European Economic Area, which is subject to supervision by the Central Bank of Ireland. In Italy, the branch office of LGIM Managers (Europe) Limited is subject to limited supervision by the Commissione Nazionale per le società e la Borsa (“CONSOB”) and is registered with Banca d’Italia (no. 23978.0) with registered office at Via Uberto Visconti di Modrone, 15, 20122 Milan, (Companies’ Register no. MI - 2557936). In Germany, the branch office of LGIM Managers (Europe) Limited is subject to limited supervision by the German Federal Financial Supervisory Authority (“BaFin”). In the Netherlands, the branch office of LGIM Managers (Europe) Limited is subject to limited supervision by the Dutch Authority for the Financial Markets (“AFM“) and it is included in the register held by the AFM and registered with the trade register of the Chamber of Commerce under number 74481231. Details about the full extent of our relevant authorisations and permissions are available from us upon request.

    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 ETF is not sponsored, promoted, sold or supported by Solactive AG. Nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index price, at any time or in any other respect.

    The Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the Company, Solactive AG has 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. Solactive AG does not guarantee the accuracy and/or the completeness of the Index or any related data, and shall not have any liability for any errors, omissions or interruptions therein.

    Neither publication of the Index by Solactive AG, nor the licensing of the Index or Index trade mark, for the purpose of use in connection with the ETF, constitutes a recommendation by Solactive AG to invest capital in said ETF nor does it, in any way, represent an assurance or opinion of Solactive AG with regard to any investment in this ETF. In no event shall Solactive AG have any liability for any lost profits or indirect, punitive, special or consequential damages or losses, even if notified of the possibility thereof.

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