Overview
Description
L&G Clean Water UCITS ETF is an equity exchange-traded fund designed to provide exposure to companies that are at the forefront of the international clean water industry. The fund tracks the Solactive Clean Water Index, which comprises firms engaged in activities such as water technology, engineering, digital solutions, utilities, and other services related to water treatment and provision. With a portfolio of approximately 57 holdings, the ETF emphasizes diversification across leading global corporations committed to ensuring sustainable access to clean water resources. It utilizes a physical, full replication approach, meaning it directly invests in all index constituents. The ETF operates under an accumulating distribution policy, automatically reinvesting any dividends back into the fund, which can enhance capital growth over time. Managed by Legal & General Investment Management and domiciled in Ireland, this ETF plays a significant role in the responsible investment landscape by targeting companies whose operations contribute to environmental sustainability. Its total expense ratio is 0.49% per year, and it manages assets exceeding EUR 500 million, making it a notable option for investors interested in the intersection of environmental solutions and global equity markets.
About
Instrument type
ETF
Country
Germany
MIC code
XHAM