Legal & General UCITS ETF Plc - L&G ESG Green Bond UCITS ETF
GBNG.L
London Stock Exchange- -
GBp
- -
- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- IPO Date
- Feb 12, 2021
- Similar Companies
- Business
- Legal & General UCITS ETF Plc operates as an open-ended investment company with variable capital, structured as an umbrella fund with segregated liability between sub-funds, authorized in Ireland as a UCITS vehicle pursuant to the Companies Act 2014 and UCITS Regulations. The company, authorized on 29 August 2008 and headquartered at 70 Sir John Rogerson's Quay, Dublin 2, D02 R296, Ireland, offers a diversified range of exchange-traded funds (ETFs) tracking equity, fixed income, commodity, and sustainable investment indices from developed and emerging markets worldwide; core products include L&G ESG Green Bond UCITS ETF (ticker: GBNG.L or GBND:LN, ISIN: IE00BMYDMD58), which tracks the J.P. Morgan ESG Green Bond Focus Index comprising ESG-screened green bonds in hard currencies (USD, EUR, GBP) and local currency government bonds certified by the Climate Bonds Initiative, alongside other sub-funds such as L&G Global Equity UCITS ETF, L&G Gold Mining UCITS ETF, L&G S&P 100 UCITS ETF, L&G GBP Corporate Bond Screened UCITS ETF, and L&G E Fund MSCI China A UCITS ETF. These ETFs employ sampling replication techniques, feature total expense ratios around 0.25% p.a., and serve institutional and retail investors across Europe with accumulating or distributing share classes listed on exchanges including the London Stock Exchange. In recent developments, Legal & General Investment Management (LGIM), the promoter and manager, liquidated the L&G ESG Green Bond UCITS ETF (GBND) on 19 May 2023 (last traded 12 May 2023) due to changing investor demand and in the long-term interests of shareholders, with assets under management at approximately EUR 6 million prior to closure. The company has pursued expansions through new product launches, including the L&G S&P 100 UCITS ETF in September 2025 to provide exposure to U.S. mega-cap equities, complementing the earlier L&G S&P 100 Equal Weight ETF, and the L&G ex Banks Corporate Bond UCITS ETF in October 2024 targeting short-duration Euro- and USD-denominated investment-grade corporate bonds excluding banks, anchored by German asset manager Gerd Kommer Invest following their 2023 collaboration on the L&G Gerd Kommer Multifactor Equity UCITS ETF. Additional changes encompass ETF name updates in May 2025, such as renaming L&G Healthcare Breakthrough UCITS ETF to L&G Healthcare Technology & Innovation UCITS ETF (effective around 15 May 2025) for better alignment with the ROBO Global Healthcare Technology and Innovation Index, and similar adjustments to L&G ESG USD Corporate Bond UCITS ETF share classes, without altering benchmarks or management strategies.