New ETFs from L&G on Xetra: access to Gerd Kommer's global portfolio concept as well as high quality companies from the UK and emerging markets

Release date: 21 Jun 2023 | Deutsche Börse Cash Market

New ETFs from L&G on Xetra: access to Gerd Kommer's global portfolio concept as well as high quality companies from the UK and emerging markets

Since Wednesday, four new exchange-traded funds issued by Legal & General Investment Management have been tradable on Xetra and via Börse Frankfurt.

For the first time, the L&G Gerd Kommer Multifactor Equity UCITS ETF offers investors the opportunity to invest in companies from developed and emerging markets that are selected according to Gerd Kommer's global portfolio concept. The countries are weighted 50 per cent by market capitalisation and 50 per cent by economic growth, measured by gross domestic product (GDP). In particular, this aims to reduce the so-called cluster risk of the US market. The ETF also takes a multi-factor approach by overweighting the factor premiums size, value, quality, investment and momentum. Investors can choose between a distributing and an accumulating share class.

With the two L&G Quality Equity Dividends ESG Exclusions UCITS ETFs, investors participate in the performance of high-dividend companies that have high profitability. Companies that do not meet certain ESG criteria are excluded. You can choose from companies from the United Kingdom and emerging markets.

Name

Asset class

ISIN

On-going charges

Distribution policy

Reference index

L&G Gerd Kommer Multifactor Equity UCITS ETF

Equity ETF

IE0001UQQ933

0.50 per cent

accumulating

Solactive Gerd Kommer Multifactor Equity Index

L&G Gerd Kommer Multifactor Equity UCITS ETF

Equity ETF

IE000FPWSL69

0.50 per cent

distributing

Solactive Gerd Kommer Multifactor Equity Index

L&G Quality Equity Dividends ESG Exclusions UK UCITS ETF

Equity ETF

IE00BMYDM802

0.25 per cent

distributing

FTSE All Share ex IT ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index

L&G Quality Equity Dividends ESG Exclusions Emerging Markets UCITS ETF

Equity ETF

IE00BMYDMC42

0.45 per cent

distributing

FTSE Emerging All Cap ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index

The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,050 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.

Further information

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