L&G UK Equity

ETF description

The L&G UK Equity ETF aims to track the performance of the Solactive Core United Kingdom Large & Mid Cap index. The index is designed to be a benchmark for the U.K. equity market and measures the performance of large and mid‑cap publicly traded U.K. companies which satisfy minimum criteria relating to liquidity and size and excludes companies.

Funds tracking this index are commonly used by investors seeking to invest in the UK market or to benchmark their UK equity investments.

Issuer details

Legal & General Investment Management (LGIM) is one of Europe’s largest asset managers and a subsidiary of Legal & General Group plc. With over £1.5 trillion in assets under management as of June 2024. Established in 1836, LGIM has a long history and is known for its strong focus on index investing, providing investors with cost‑effective and diversified exposure to various markets. LGIM is also recognized for its innovative ESG integration across its investment strategies and expertise in liability‑driven investment (LDI) solutions. Notable ETFs include the L&G Global Technology Leaders UCITS ETF and the L&G Cyber Security UCITS ETF, reflecting LGIM’s commitment to providing access to innovative and thematic investment themes. LGIM offers a range of investment solutions and covers various market segments.

Index details

The UK Equity index offers exposure to companies listed on the London Stock Exchange, reflecting the performance of the UK equity market. With its focus on the diverse and dynamic UK economy, the index provides opportunities for growth and sector diversification.