"L&G China CNY Bond UCITS ETF USD Dist" is an exchange-traded investment fund (ETF). It refers to the JP Morgan China Custom Liquid ESG Capped Index. This index reflects the development of securities . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings are distributed to the investors. The fund company L&G ETF claims a total expense ratio (TER) of 0.30% per year. The yearly average divergence from the index performance (Tracking Difference) since 2021 was 0.32% per year. Therefore, the ETF was slightly more expensive than the TER suggests.