L&G Core Ex-Bank UCITS ETF

The L&G Core Ex-Bank UCITS ETF is an exchange-traded fund designed to offer exposure to companies within a specific group of industries while explicitly excluding the banking sector. The primary function of this ETF is to provide investors with an efficient vehicle to invest in a diversified portfolio of core sectors of the economy without exposure to financial institutions such as banks. It targets industries like technology, healthcare, consumer goods, and industrials, ensuring a broad coverage of economically significant sectors outside the realm of banking. The ETF aims to mirror the performance of its benchmark index, which aggregates the equities of leading non-bank corporations, thereby appealing to investors who seek to diversify their portfolios away from financial sector risks. Legal & General Investment Management, a leading asset management entity, manages this product with a focus on liquidity, cost-efficiency, and tight tracking of the underlying index. By doing so, L&G Core Ex-Bank UCITS ETF plays a crucial role in financial markets, filling a niche for those desiring diversified exposure with a strategic exclusion of banks.