{"id":62042,"date":"2025-07-17T10:55:43","date_gmt":"2025-07-17T09:55:43","guid":{"rendered":"https:\/\/www.etfworld.com\/co.uk\/?p=62042"},"modified":"2025-07-17T14:19:24","modified_gmt":"2025-07-17T13:19:24","slug":"lg-announces-launch-of-new-equal-weight-sp-100-etf","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/lg-announces-launch-of-new-equal-weight-sp-100-etf\/","title":{"rendered":"L&G Announces Launch of New Equal-Weight S&P 100 ETF"},"content":{"rendered":"
Legal & General (L&G) today announces the launch of its new L&G S&P 100 Equal Weight UCITS ETF<\/strong>.<\/h5>\n

<\/p>\n

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By ETFWorld.co.uk<\/strong><\/p>\n

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Giancarlo Sandrin, Deputy Head of Wholesale Distribution Europe at L&G<\/strong><\/p>\n

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This fund aims to provide investors with\u00a0equal-weighted exposure<\/strong>\u00a0to the S&P 100. This index, a subset of the better-known S&P 500, comprises the 100 largest US blue-chip companies, active across diverse sectors.<\/p>\n

This is the\u00a0first ETF launched on European platforms<\/strong>\u00a0enabling investors to take a position in the S&P 100 Equal Weighted Index Net Total Return. It presents itself as an\u00a0alternative to the standard S&P 500<\/strong>, offering access to larger, financially robust assets that significantly contribute to the index, but with\u00a0lower concentration risk<\/strong>.<\/p>\n

Indeed, L&G’s purpose behind launching this product is twofold: to give its investors, including potential ones, the opportunity to access major US market stocks in a simple, liquid, and cost-efficient manner; and to do so via a product where each underlying asset, at every rebalancing phase, represents\u00a01% of the total<\/strong>.<\/p>\n

Giancarlo Sandrin, Deputy Head of Wholesale Distribution Europe at L&G<\/strong><\/span>, stated: “We have observed\u00a0growing investor demand for equal-weighted index solutions<\/strong>. This ETF can provide a good balance between diversification and exposure to those large-cap stocks that have been the primary source of returns in recent years. The Italian market is one of the most important for L&G, and we will continue to commit to bringing other innovative ETFs to our clients in this country.”<\/p>\n

\"Boal<\/a>Fiona Boal, Global Head of Equities at S&P Dow Jones Indices (S&P DJI)<\/strong><\/span>, added: “We are excited about this collaboration with L&G for the launch of the L&G S&P 100 Equal Weight UCITS ETF, thereby expanding the range of index products available to European investors. Specifically, this index represents an\u00a0alternative to the traditional market-cap weighting<\/strong>\u00a0of assets in an ETF,\u00a0enhancing diversification<\/strong>. This underscores our commitment to providing innovative and transparent benchmarks that meet investors’ evolving needs.”<\/p>\n

Below is a table with some key information on the new ETF:<\/p>\n\n\n\n\n\n\n\n\n\n
Product Name<\/strong><\/td>\nL&G S&P 100 Equal Weight UCITS ETF<\/strong>.<\/span><\/td>\n<\/tr>\n
ISIN<\/strong><\/td>\n\n
IE000YELA4E3<\/div>\n<\/td>\n<\/tr>\n
SEDOL<\/strong><\/td>\n\n
BTFGL79<\/div>\n<\/td>\n<\/tr>\n
Issuer<\/strong><\/td>\nLegal & General UCITS ETF Plc<\/span><\/td>\n<\/tr>\n
Currency<\/strong><\/td>\nGBX<\/td>\n<\/tr>\n
Underlying<\/strong><\/td>\n\n

S&P 100 Equal Weighted Index Net Total Return<\/strong><\/p>\n<\/td>\n<\/tr>\n

Management Fee<\/strong><\/td>\n0.19%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n
Product Name<\/strong><\/td>\nL&G S&P 100 Equal Weight UCITS ETF<\/strong>.<\/span><\/td>\n<\/tr>\n
ISIN<\/strong><\/td>\nIE000YELA4E3<\/td>\n<\/tr>\n
SEDOL<\/strong><\/td>\nBTFGL68<\/td>\n<\/tr>\n
Issuer<\/strong><\/td>\nLegal & General UCITS ETF Plc<\/span><\/td>\n<\/tr>\n
Currency<\/strong><\/td>\nUSD<\/td>\n<\/tr>\n
Underlying<\/strong><\/td>\nS&P 100 Equal Weighted Index Net Total Return<\/strong><\/td>\n<\/tr>\n
Management Fee<\/strong><\/td>\n0.19%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"

Legal & General (L&G) today announces the launch of its new L&G S&P 100 Equal Weight UCITS ETF.<\/p>\n","protected":false},"author":4,"featured_media":62043,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[19],"tags":[594],"class_list":["post-62042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-lse","tag-lg"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=62042"}],"version-history":[{"count":2,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62042\/revisions"}],"predecessor-version":[{"id":62049,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62042\/revisions\/62049"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/62043"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=62042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=62042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=62042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}