L&G Global Brands UCITS ETF USD Acc

ISIN IE0007HKA9K1

 | 

Ticker LAB2

TER
0.39% p.a.
Distribution policy
Accumulating
Replication
Full replication
Fund size
6 m
Holdings
81
 

Overview

Description

The L&G Global Brands UCITS ETF USD Acc seeks to track the Solactive BrandFinance Global Brands index. The Solactive BrandFinance Global Brands index tracks companies that represent the most valuable brands worldwide. Liquidity-, ESG-, and quality-based filters are applied.
 
The ETF's TER (total expense ratio) amounts to 0.39% p.a.. The L&G Global Brands UCITS ETF USD Acc is the only ETF that tracks the Solactive BrandFinance Global Brands index. The ETF replicates the performance of the underlying index by full replication (buying all the index constituents). The dividends in the ETF are accumulated and reinvested in the ETF.
 
The L&G Global Brands UCITS ETF USD Acc is a very small ETF with 6m GBP assets under management. The ETF was launched on 21 September 2023 and is domiciled in Ireland.
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Chart

Basics

Data

Fund size
GBP 6 m
Total expense ratio
0.39% p.a.
Replication Physical (Full replication)
Legal structure ETF
Strategy risk Long-only
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in GBP)
-
Inception/ Listing Date 21 September 2023
Distribution policy Accumulating
Distribution frequency -
Fund domicile Ireland
Fund Provider Legal & General (LGIM)
Germany Unknown
Switzerland ESTV Reporting
Austria Tax Reporting Fund
UK UK Reporting
Indextype -
Swap counterparty -
Collateral manager BNY Mellon Fund Services (Ireland) Limited
Securities lending No
Securities lending counterparty

Similar ETFs

This section provides you with information on other ETFs with a similar investment focus to the L&G Global Brands UCITS ETF USD Acc.
How do you like our new ETF profile? Here you'll find our Questionnaire.

Holdings

Below you find information about the composition of the L&G Global Brands UCITS ETF USD Acc.

Top 10 Holdings

Weight of top 10 holdings
out of 81
42.60%
AMAZON.COM INC
5.52%
MICROSOFT CORP
5.32%
APPLE INC
5.01%
NVIDIA CORP
5.00%
ALPHABET INC A
4.71%
TESLA INC
4.06%
META PLATFORMS INC A
4.02%
BERKSHIRE HATHAWAY INC -B
3.94%
JPMORGAN CHASE & CO
2.51%
TWN SEMICONT MAN ORD
2.51%

Countries

United States
76.84%
France
4.12%
Germany
3.95%
Japan
2.91%
Other
12.18%
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Sectors

Technology
30.70%
Consumer Discretionary
20.51%
Telecommunication
14.72%
Consumer Staples
14.08%
Other
19.99%
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As of 28/12/2023

Performance

Returns overview

YTD +9.34%
1 month +6.08%
3 months +11.85%
6 months -
1 year -
3 years -
5 years -
Since inception (MAX) +13.50%
2023 -
2022 -
2021 -
2020 -

Monthly returns in a heat map

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 -4.91%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
Borsa Italiana EUR LABL LABL IM
TOPBEUIV
LABL.MI
Flow Traders B.V.
London Stock Exchange GBX LAB2 LAB2 LN
LAB2.L
Flow Traders B.V.
London Stock Exchange USD LABL LABL LN
LABL.L
Flow Traders B.V.
SIX Swiss Exchange USD -

Flow Traders B.V.
XETRA EUR TOPB TOPB GY
TOPBEUIV
TOPBG.DE
Flow Traders B.V.

Frequently asked questions

What is the name of LAB2?

The name of LAB2 is L&G Global Brands UCITS ETF USD Acc.

What is the ticker of L&G Global Brands UCITS ETF USD Acc?

The primary ticker of L&G Global Brands UCITS ETF USD Acc is LAB2.

What is the ISIN of L&G Global Brands UCITS ETF USD Acc?

The ISIN of L&G Global Brands UCITS ETF USD Acc is IE0007HKA9K1.

What are the costs of L&G Global Brands UCITS ETF USD Acc?

The total expense ratio (TER) of L&G Global Brands UCITS ETF USD Acc 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.

Is L&G Global Brands UCITS ETF USD Acc paying dividends?

L&G Global Brands UCITS ETF USD Acc is an accumulating ETF. This means that dividends are not distributed to investors. Instead, dividends are reinvested in the fund on the ex-date, which leads to an increase of the ETF's share price.

What's the fund size of L&G Global Brands UCITS ETF USD Acc?

The fund size of L&G Global Brands UCITS ETF USD Acc is 6m GBP. 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.