L&G CORPORATE BOND EX-BANKS HIGHER RATINGS 0-2Y UCITS ETF USD ACC

Benchmark

The J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index measures the performance of certain Euro and/or US Dollar-denominated corporate bonds rated A-equivalent or above, maturing within the next 3 months to 2 years and issued by developed market issuers, excluding banks, and any issuer with “Bank” in the name. The Index also (i) excludes issuers with a level of revenue determined by the index provider from thermal coal, oil sands, tobacco, alcohol, gambling, adult entertainment, controversial weapons, small arms, and military contracting, and (ii) excludes issuers not in compliance with the United Nations Global Compact principles, as determined by the Index provider’s methodology.

PERFORMANCE

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