L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF EUR Hedged Accumulating ETF/  IE000MINO564  /

Fonds
NAV7/26/2024 Chg.+0.0147 Type of yield Investment Focus Investment company
10.6349EUR +0.14% 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: 7/1
Last Distribution: -
Depository bank: -
Fund domicile: Ireland
Distribution permission: Austria, Germany, Switzerland
Fund manager: -
Fund volume: 504.23 mill.  USD
Launch date: 5/11/2022
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/
 

Assets

Bonds
 
94.13%
Cash
 
1.16%
Others
 
4.71%

Countries

Indonesia
 
4.87%
Turkey
 
4.67%
Brazil
 
4.09%
Oman
 
4.08%
Saudi Arabia
 
3.94%
Qatar
 
3.77%
Bahrain
 
3.60%
Dominican Republic
 
3.49%
Chile
 
3.39%
Poland
 
3.35%
Cayman Islands
 
3.25%
Philippines
 
3.20%
Egypt
 
2.63%
Panama
 
2.57%
Argentina
 
2.56%
Others
 
46.54%