L&G Global Equity UCITS ETF

L&G Global Equity UCITS ETF is an exchange-traded fund launched on 13 November 2018 and domiciled in Ireland, managed by Legal & General Investment Management (LGIM). It tracks the Solactive Core Developed Markets Large & Mid Cap USD Index (Net Total Return), employing a physical replication strategy to mirror the performance of large and mid-cap equities across developed markets worldwide, before fees. With assets under management around €909 million to £1.1 billion, it maintains a low total expense ratio of 0.10% p.a., making it cost-efficient for broad global exposure. As an accumulating ETF in USD and currency unhedged, it reinvests dividends to compound returns without distributions to investors. Key regional allocations include North America (68%), Europe ex-UK (12%), Japan (6%), and the UK (4%), spanning sectors like technology (19-28%), industrials (27%), financials (17%), and consumer goods. Holding approximately 1,390-1,394 stocks, including leaders like NVIDIA, Apple, and Microsoft, it offers diversified access to global developed market growth opportunities in a UCITS-compliant structure.