L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF EUR Hedged Accumulating ETF
IE000MINO564
L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF EUR Hedged Accumulating ETF/ IE000MINO564 /
NAV03/09/2024 |
Chg.-0.0011 |
Type of yield |
Investment Focus |
Investment company |
10.7972EUR |
-0.01% |
reinvestment |
Bonds
Emerging Markets
|
LGIM Managers (EU) ▶ |
Investment strategy
The Fund is a passively managed exchange traded Fund that aims to track the performance of the J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity Index (the "Index"), subject to the deduction of the ongoing charges and other costs associated with operating the Fund.
The Fund promotes a range of environmental and social characteristics which are met by tracking the Index. Shares in this Share Class (the "Shares") are denominated in USD and can be bought and sold on stock exchanges by ordinary investors using an intermediary (e.g. a stockbroker). In normal circumstances, only Authorised Participants may buy and sell Shares directly with the Company. Authorised Participants may redeem their Shares on demand in accordance with the "Dealing Timetable" published on http://www.lgim.com. The index is designed to provide an exposure to certain US Dollar-denominated emerging market fixed and floating rate bonds issued by sovereign and quasi-sovereign entities from eligible countries. Only those countries that satisfy the gross national income per capita based index income ceiling criterion or the purchasing power parity (PPP) based index PPP ratio criterion are eligible for inclusion in the Index. There is no credit rating criteria for inclusion in the Index. The index is designed to provide exposure to securities of issuers that satisfy certain environmental, social and governance ("ESG") requirements, as defined by the index provider. An ESG scoring and screening methodology is applied by the Index to tilt towards issuers ranked higher on ESG criteria and green bond issues, and to underweight and exclude issuers that rank lower. The Index excludes issuers with revenue from the following industries: (a) thermal coal, (b) tobacco, and (c) weapons. The Fund will primarily invest in a representative sample of the bonds contained in the Index whose risk and performance characteristics closely resemble that of the Index as a whole. The Fund may also invest in (1) bonds and similar securities that are not constituents of the Index that have similar risk and performance characteristics to the bonds contained in the Index and (2) financial derivative instruments ("FDIs") (i.e. investments the prices of which are based on the bonds contained in the Index and/or such other bonds or similar securities). This Share Class aims to pay semi-annual dividends out of the Fund's net income by electronic transfer.
Investment goal
The Fund is a passively managed exchange traded Fund that aims to track the performance of the J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity Index (the "Index"), subject to the deduction of the ongoing charges and other costs associated with operating the Fund.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Emerging Markets |
Branch: |
ETF Bonds |
Benchmark: |
J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity Index |
Business year start: |
01/07 |
Last Distribution: |
- |
Depository bank: |
- |
Fund domicile: |
Ireland |
Distribution permission: |
Austria, Germany, Switzerland |
Fund manager: |
- |
Fund volume: |
534.15 mill.
USD
|
Launch date: |
11/05/2022 |
Investment focus: |
- |
Conditions
Issue surcharge: |
5.00% |
Max. Administration Fee: |
0.28% |
Minimum investment: |
1.00 EUR |
Deposit fees: |
- |
Redemption charge: |
3.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
LGIM Managers (EU) |
Address: |
2 Dublin Landings, 1-W-131, Dublin |
Country: |
Ireland |
Internet: |
www.lgim.com/ie/
|
Countries
Turkey |
|
5.20% |
Indonesia |
|
5.19% |
Cayman Islands |
|
4.65% |
Oman |
|
4.47% |
Brazil |
|
4.21% |
Qatar |
|
4.15% |
Hungary |
|
4.07% |
Philippines |
|
3.86% |
Saudi Arabia |
|
3.61% |
Romania |
|
3.59% |
Chile |
|
3.55% |
Poland |
|
3.40% |
United Arab Emirates |
|
3.36% |
Bahrain |
|
3.14% |
Dominican Republic |
|
2.84% |
Others |
|
40.71% |