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L&G LSF African Government Bond (USD) UCITS ETF Dist

ISIN IE000MJ79846

 | 

WKN A42AKM

 | 

Ticker LION

TER
0.39% p.a.
Distribution policy
Distributing
Replication
Physical
Fund size
EUR 29 m
Inception Date
6 August 2026
 

Overview

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Description

The L&G LSF African Government Bond (USD) UCITS ETF Dist seeks to track the iBoxx® LSF USD African Sovereigns index. The iBoxx® LSF USD African Sovereigns index tracks US dollar-denominated sovereign bonds from African emerging markets. All maturities are included. Rating: all.
 
The ETF's TER (total expense ratio) amounts to 0.39% p.a.. The L&G LSF African Government Bond (USD) UCITS ETF Dist is the only ETF that tracks the iBoxx® LSF USD African Sovereigns index. The ETF replicates the performance of the underlying index by full replication (buying all the index constituents). The interest income (coupons) in the ETF is distributed to the investors (Semi annually).
 
The L&G LSF African Government Bond (USD) UCITS ETF Dist is a small ETF with 29m Euro assets under management. The ETF was launched on 6 August 2026 and is domiciled in Ireland.
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Chart

Basics

Data

Index
iBoxx® LSF USD African Sovereigns
Investment focus
Bonds, USD, Africa, Government, All maturities
Fund size
EUR 29 m
Total expense ratio
0.39% p.a.
Replication Physical (Full replication)
Legal structure ETF
Investment approach Long-only
Sustainability No
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in EUR)
-
Inception/ Listing Date 6 August 2026
Distribution policy Distributing
Distribution frequency Semi annually
Fund domicile Ireland
Fund Provider Legal & General (LGIM)
Germany Unknown
Switzerland ESTV Reporting
Austria Non-Tax Reporting Fund
UK UK Reporting
Italy -
Indextype -
Swap counterparty -
Collateral manager
Securities lending Yes
Securities lending counterparty

Similar ETFs

There are currently no ETFs tracking the same index or having an identical investment focus than the L&G LSF African Government Bond (USD) UCITS ETF Dist.
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Order fees

Here you can find information about different brokers that allow you to trade ETFs. Select your preferred order volume to compare the fees charged by the respective brokers.
 
Broker Rating Order fee ETF savings plans
0.99 €
3552
View offer**
0.95 €
2533
View offer*
0.00 €
1868
View offer*
0.00 €
2274
View offer*
9.95 €
1967
View offer*
Show all offers
Source: justETF Research; as of 8/2026. The offers are sorted in the following way: 1. Rating 2. Order fee 3. Number of ETF savings plans. In addition to the fees charged by online brokers, additional costs may apply. The stated fees are thus exclusive of standard market spreads, commissions, product costs and third-party fees. Please note: No guarantee can be given for the completeness, correctness and accuracy of the content listed. The information on the online brokers' homepages is decisive. Investments in securities involve risks.
*Affiliate link
** Important note: We are part of the Scalable Group since 2021 and are a wholly owned subsidiary of Scalable AG. This means that we are economically connected, but operate with editorial independence. Conflicts of interest are avoided because brokers — including Scalable — are evaluated according to uniform, objective criteria. You can view these in our transparent rating system. Ultimately, it’s up to you to decide how and with whom you want to invest.

Performance

The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.

Returns overview

YTD -
1 month -
3 months -
6 months -
1 year -
3 years -
5 years -
Since inception (MAX) +0.57%
2025 -
2024 -
2023 -
2022 -

Monthly returns in a heat map

Dividends

Current dividend yield

Current dividend yield -
Dividends (last 12 months) -

Historic dividend yields

Period Dividend in EUR Dividend yield in %
1 Year - -

Dividend yield contribution

Monthly dividends

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year -
Volatility 3 years -
Volatility 5 years -
Return per risk 1 year -
Return per risk 3 years -
Return per risk 5 years -
Maximum drawdown 1 year -
Maximum drawdown 3 years -
Maximum drawdown 5 years -
Maximum drawdown since inception -0.23%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
SIX Swiss Exchange USD LION -
-
-
-
-
XETRA EUR LION -
-
-
-
-
London Stock Exchange GBX LIOG

London Stock Exchange USD LION

Frequently asked questions

What is the name of LION?

The name of LION is L&G LSF African Government Bond (USD) UCITS ETF Dist.

What is the ticker of L&G LSF African Government Bond (USD) UCITS ETF Dist?

The primary ticker of L&G LSF African Government Bond (USD) UCITS ETF Dist is LION.

What is the ISIN of L&G LSF African Government Bond (USD) UCITS ETF Dist?

The ISIN of L&G LSF African Government Bond (USD) UCITS ETF Dist is IE000MJ79846.

What are the costs of L&G LSF African Government Bond (USD) UCITS ETF Dist?

The total expense ratio (TER) of L&G LSF African Government Bond (USD) UCITS ETF Dist amounts to 0.39% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of L&G LSF African Government Bond (USD) UCITS ETF Dist?

The fund size of L&G LSF African Government Bond (USD) UCITS ETF Dist is 29m Euro. See the following article for more information about the size of ETFs.

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— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.