L&G Corporate Bond Ex-Banks Higher Ratings 0-2Y UCITS ETF Accu-ETF- USD
XBNK.L
London Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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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
- 70 Sir John Rogerson's Quay Dublin Ireland D02 R296
- IPO Date
- Oct 14, 2024
- Website
- fundcentres.lgim.com
- Similar Companies
- Business
- L&G Corporate Bond Ex-Banks Higher Ratings 0-2Y UCITS ETF Accu-ETF- USD (Ticker: XBNK.L) is a UCITS-compliant exchange-traded fund managed by Legal & General Investment Management (LGIM) that seeks to track the performance of a specified domestic and international corporate bond universe with exposure to higher-rated, short-duration issuers excluding banks. The fund operates as a passive fixed-income vehicle offering exposure to investment-grade corporate bonds with maturities up to two years, prioritizing liquidity and capital preservation while delivering incremental yield relative to cash benchmarks. Main products and services: core ETF offering; index-tracking governance; fund management and administration; performance measurement and reporting; liquidity and trading support; custody and fund accounting; investor communications; ongoing accessibility through UCITS framework; currency hedging and exposure management as applicable; ancillary risk controls and compliance monitoring; distribution to wholesale and institutional clients; fund-specific branding and lifecycle maintenance; regulatory filing and compliance services; fund issuance, redemption, and secondary market facilitation. Latest major company changes: partnership and alliance activities with index providers and distributors; potential updates to fund objective or index methodology; fund launches or rebranding within the LGIM ETF lineup; expansions of geographic distribution channels to broaden investor access; strategic adjustments to risk management or underwriting standards; changes to fund structure or domicile within the last 1-2 years; potential name or branding refinements to align with LGIM’s ETF platform. Industry and business context: asset management and exchange-traded funds; fixed income and bond index tracking; UCITS fund structure; target markets include institutional and wholesale investors seeking short-duration, higher-rated corporate exposure; geographic operations span multiple European regions and global distribution through LGIM’s platform; parent company LGIM (Legal & General Investment Management) with subsidiaries in related asset management and financial services entities. Founding year and headquarters: LGIM traces its origins to the broader Legal & General Group, with core European asset management operations headquartered in London. Subsidiaries and parent relationships: part of LGIM’s ETF and asset-management ecosystem; operates under the Legal & General Group umbrella with shared platform infrastructure, risk controls, and distribution networks.