L&G US Equity UCITS ETF GBP is a equity ETF from L&G tracking the US Equity index through physical replication. Domiciled in Ireland and launched in 2018, the fund manages about 1.3 bn € and charges a TER of 0.05% — 5 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
L&G US Equity UCITS ETF GBP competes with 359 other products in the same class and region (Equity, USA): it ranks 93rd by fund size and 9th by ongoing cost, with a TER of 0.05% against a group median of 0.20%. It has been listed since 2018, 8 years of track record.
On a €10,000 investment the TER costs 5 € a year, against 20 € for the median product in the category.
Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 37.1% 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 GBP. 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.
| NVIDIA Corporation | 7.4% |
| Apple Inc. | 6.6% |
| Microsoft Corporation | 4.3% |
| Amazon.com Inc | 3.6% |
| Alphabet Inc Class A | 3.3% |
| Alphabet Inc Class C | 2.8% |
| Broadcom Inc | 2.8% |
| Tesla Inc | 2.2% |
| Micron Technology Inc | 2.1% |
| Meta Platforms Inc. | 2.0% |
| Borsa Italiana | LGUS | EUR |
| XETRA | ETLS | EUR |
| London Stock Exchange | LGUG | GBX |
| London Stock Exchange | LGUS | USD |
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 Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.