L&G ROBO Global Robotics and Automation UCITS ETF
ISIN IE00BMW3QX54 Rating ★★★★☆
Replication
physical
Earnings
accumulating
Asset class
Equity
Region
World
TER
0.80 %
TD
0.76 %
Currency
USD
Fund size
746 Mio EUR
Perf. 2021
15.60 %
"L&G ROBO Global Robotics and Automation UCITS ETF" is an exchange-traded investment fund (ETF). It refers to the ROBO Global Robotics and Automation Index. This index reflects the development of world wide stocks . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company L&G ETF claims a total expense ratio (TER) of 0.80% per year. The yearly average divergence from the index performance (Tracking Difference) since 2015 was 0.76% per year. Therefore, the ETF was slightly less expensive than the TER suggests.