L&G Battery Value-Chain UCITS ETF USD Accumulating ETF

BATE IE00BF0M2Z96
TER
0.49%
Cost per €10,000
49 €/year
Fund size
≈ 691 M €
Income
Accumulating
Replication
Physical
Currency
USD
Domicile
Ireland
Launch
2018
Issuer
Index
Battery Value-Chain
Sustainability
Standard
Type
ETF

Description

L&G Battery Value-Chain UCITS ETF USD Accumulating ETF is a equity ETF from L&G tracking the Battery Value-Chain index through physical replication. Domiciled in Ireland and launched in 2018, the fund manages about 691 M € and charges a TER of 0.49% — 49 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).

The fund in context

L&G Battery Value-Chain UCITS ETF USD Accumulating ETF competes with 175 other products in the same class and region (Equity, Global): it ranks 54th by fund size and 106th by ongoing cost, with a TER of 0.49% against a group median of 0.40%. It has been listed since 2018, 8 years of track record.

On a €10,000 investment the TER costs 49 € a year, against 40 € for the median product in the category.

Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 29.4% of the portfolio.

Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in USD. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.

Irish domicile lets the fund apply the Ireland–US tax treaty, with 15% withholding instead of 30% on US dividends received by the fund.

Top 10 holdings

Fluence Energy Inc4.2%
NGK Insulators Ltd.3.6%
SolarEdge Technologies Inc3.5%
Panasonic Corp3.3%
TDK Corp3.2%
Caterpillar Inc3.1%
Sumitomo Electric Industries Ltd.2.9%
GE Vernova LLC2.8%
Siemens Aktiengesellschaft2.8%
Indicative weights from the latest factsheet — they change with the market.

Stock exchange listings

Borsa ItalianaBATTEUR
XETRABATEEUR
London Stock ExchangeBATGGBX
London Stock ExchangeBATTUSD
Euronext AmsterdamBATTEUR
SIX Swiss ExchangeBATTCHF
Trading tickers by exchange (reference data). Prices are not shown here.

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ETF savings plans

Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.

This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.