ETF (UCITS compliant)

L&G ROBO Global Robotics and Automation UCITS ETF

Fund facts

Fund size
$855.6m
Base currency
USD
Listing date
27 Oct 2014
Domicile
Ireland
Index ticker
ROBOT
Replication method
Physical - full replication

Statistics

As at 30 Sep 2019

Fund aim

The L&G ROBO Global® Robotics and Automation UCITS ETF (the "ETF") aims to track the performance of the ROBO Global® Robotics and Automation 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 robotics, automation and enabling technologies

  • Leveraging industry expertise

An index tracking investment strategy that is supported by a team of robotics and automation experts

ROBO Global Robotics and Automation UCITS Index

The Index aims to track the performance of a basket of stocks of companies that are actively engaged in robotics and automation related activities.

The Index is comprised of companies which are publicly traded on various stock exchanges around the world that generate a material proportion of their revenues from the robotics and automation industry. The industry is deemed to be comprised of the following two subsectors: (1) Technology, which includes sensing, processing, computing and artificial intelligence, actuation, and integration; and (2) Applications, which includes manufacturing and industrial automation, 3D printing, logistics automation, food and agriculture, surveillance and security, energy, healthcare and consumer products.

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, companies that derive most of their revenues from robotics and automation are equally weighted and given an aggregate weighting of 40% and companies that derive only a distinct proportion of their revenues from robotics and automation are equally weighted and given an aggregate weighting of 60%.

Index data

Provider
Solactive
Bloomberg code
ROBOT
Reuters code
.ROBOT
Type
Net Total Return
Website
https://www.roboglobal.com/robo-global-indices/robo-index/

Fund updates

Performance

Source: Lipper.

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 30 Sep 2019

    Cumulative Fund Benchmark
    1 month 5.05 4.95
    6 months -1.03 -0.88
    Year to date 17.06 17.26
    3 years 38.57 39.97
    5 years - -
    Since launch 50.13 55.79
    Annualised Fund Benchmark
    1 year -8.23 -8.21
    3 years 11.49 11.86
    5 years - -
    Since launch 8.59 9.41

    As at 30 Sep 2019

    Cumulative Fund Benchmark
    Quarterly -4.19 -4.17
    Year to date 17.06 17.26
    3 years 38.57 39.97
    5 years - -
    Since launch 50.13 55.79
    Annualised Fund Benchmark
    1 year -8.23 -8.21
    3 years 11.49 11.86
    5 years - -
    Since launch 8.59 9.41
    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

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

    12 months to 30 September 2015 2016 2017 2018 2019
    Fund - 25.82 38.23 9.24 -8.23
    Benchmark - 27.56 39.40 9.39 -8.21

    Calendar year performance (%)

    2014 2015 2016 2017 2018
    Fund - -7.26 16.15 46.00 -20.36
    Benchmark - -5.92 17.62 46.71 -20.27

    Monthly performance (%)

    Annualised performance (%)

    1 year 3 years 5 years Since launch
    Fund -8.23 11.49 - 8.59
    Benchmark -8.21 11.86 - 9.41

    Annualised performance (%)

    1 year 3 years 5 years Since launch
    Fund -8.23 11.49 - 8.59
    Benchmark -8.21 11.86 - 9.41

    Performance for the USD Accumulating ETF class in USD, listed on 27 October 2014. 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 Sep 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 (%)

    Computing, Processing, & AI 21.0
    Mfg. & Ind. Automation 15.2
    Healthcare 12.2
    Actuation 11.5
    Sensing 11.3
    Logistics Automation 9.7
    Integration 7.2
    Food & Agriculture 5.6
    3D Printing 2.9
    Other 3.3

    Currency (%)

    USD 48.7
    JPY 22.4
    EUR 10.4
    TWD 5.6
    GBP 3.5
    CHF 3.5
    SEK 2.0
    KRW 1.6
    CNY 1.4
    CAD 0.9
    Top 10 constituents 16.3
    Rest of Index 83.7
    No. of constituents in Index 90

    Top 10 constituents (%)

    Fanuc 1.7
    Daifuku 1.7
    Intuitive Surgical 1.7
    Brooks Automation 1.6
    Krones 1.6
    Koh Young Technology 1.6
    Cognex Corporation 1.6
    Omron Corporation 1.6
    Yaskawa Electric Corporation 1.6
    Keyence 1.6

    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
    15.23
    Price time
    16:00 EST (NY)

    Further details

    Charges and tax

    TER
    0.80%
    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 EUR ROBE 27/10/2014 IE00BMW3QX54 ROBE LN ROBE.L 08:00 - 16:30
    London Stock Exchange GBP ROBG 27/10/2014 IE00BMW3QX54 ROBG LN ROBG.L 08:00 - 16:30
    London Stock Exchange USD ROBO 27/10/2014 IE00BMW3QX54 ROBO LN ROBO.L 08:00 - 16:30
    Borsa Italiana EUR ROBO 12/01/2015 IE00BMW3QX54 ROBO IM ROBO.MI 09:00 - 17:30
    Deutsche Börse EUR IROB 12/01/2015 DE000A12GJD2 IROB GY IROB.DE 09:00 - 17:30
    Euronext EUR ROBO 14/06/2017 IE00BMW3QX54 ROBO NA ROBO.AS 09:00 - 17:30
    SIX Swiss Exchange CHF ROBO 11/01/2016 IE00BMW3QX54 ROBO SW ROBO.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

    The L&G ROBO Global® Robotics and Automation UCITS ETF (the “ETF”) is not sponsored, promoted, sold or supported in any other manner by ROBO Global LLC 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 ROBO Global® Robotics and Automation UCITS 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 ROBO Global LLC 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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