{"id":60799,"date":"2024-10-17T10:00:47","date_gmt":"2024-10-17T09:00:47","guid":{"rendered":"https:\/\/www.etfworld.com\/nl\/?p=60799"},"modified":"2025-05-23T16:57:02","modified_gmt":"2025-05-23T14:57:02","slug":"lgim-expands-fixed-income-etf-range-with-the-launch-of-ex-banks-corporate-bond-ucits-etf","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/lgim-expands-fixed-income-etf-range-with-the-launch-of-ex-banks-corporate-bond-ucits-etf\/","title":{"rendered":"LGIM expands fixed income ETF range with the launch of ex-banks corporate bond UCITS ETF"},"content":{"rendered":"
Legal & General Investment Management (LGIM) has today announced the expansion of its ETF range with the launch of the L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF.<\/h5>\n

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

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Aanand Venkatramanan Head of ETFs, EMEA at Legal & General Investment Management (LGIM)<\/strong><\/p>\n

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First of its kind ETF focuses on quality, stability, diversification and income.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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The ETF will provide investors with exposure to highly rated Euro- and USD- denominated corporate bonds with a short duration and exclude bank issuers. Anchor investor in this ETF is German asset manager Gerd Kommer Invest (GKI).<\/p>\n

This launch will add to L&G Asset Management\u2019s broad set of capabilities in the index fixed income space, with the ETF complementing its successful existing range, including the L&G India INR Government Bond UCITS ETF and the L&G ESG EM Corporate Bond UCITS ETF amongst other strategies.<\/p>\n

The banking sector accounts for a large share of total issuance within today\u2019s global corporate bond market. Such concentration can limit the diversification effects of many corporate bond indices on the market. By choosing an exbanks approach, this ETF seeks to mitigate this concentration risk by giving investors a more diversified sector
\nexposure.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Aanand Venkatramanan, Head of ETFs, EMEA at LGIM<\/span>: <\/strong> \u201cInvestors have long recognised the issue of bank issuer concentration in market-cap weighted corporate bond indices. We are excited to introduce this first of its kind ETF to the market which enables investors to benefit from the yield opportunity short-duration corporate bonds provide, with the added overlay of true diversification given the exclusion of bank issuers.\u201d <\/q><\/div>\n<\/div>\n<\/div>\n
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Key features of the ETF:<\/p>\n