The L&G US Equity UCITS ETF seeks to track the Solactive Core United States Large & Mid Cap index. The Solactive Core United States Large & Mid Cap index tracks the U.S. equity market and measures the performance of large and mid-cap publicly traded U.S. 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.
The ETF's
TER (total expense ratio) amounts to
0.05% p.a.. The L&G US Equity UCITS ETF is the only ETF that tracks the Solactive Core United States Large & Mid Cap index. The ETF replicates the performance of the underlying index by
sampling technique (buying a selection of the most relevant index constituents). The dividends in the ETF are
accumulated and reinvested in the ETF.
The L&G US Equity UCITS ETF has
111m Euro assets under management. The ETF was
launched on 17 December 2018 and is
domiciled in Ireland.