LGIM Rolls Out New ESG Equity Index Funds
A Brief Summary
Legal & General Investment Management (LGIM) today announced the launch of the Future World ESG Index funds, a new set of four ESG equity index funds aimed at giving low-cost access to sustainable investing themes across a variety of equities strategies.
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The Legal & General Future World ESG Europe ex UK Index Fund, Legal & General Future World ESG Japan Index Fund, Legal & General Future World ESG North America Index Fund, and Legal & General Future World ESG Asia Pacific Index Fund are among the funds included in the suite. LGIM said it plans to develop a fifth product in the portfolio, giving investors further exposure to emerging markets.
The new indexes are based on ESG indices that include a carbon emissions reduction trajectory and a sustainable investment methodology, as well as exclusions, ESG scoring, and decarbonization factors. It's for clients who wish to show their commitment to ethical investing through a variety of equity methods. The Future World family of products includes index tracker funds as well as investments in stocks, bonds, and commercial real estate.
The funds, which are managed by LGIM's index teams, are meant to mirror LGIM-created benchmark indexes that include ESG factors into the investing strategy. The Funds may be utilized flexibly for customers wanting particularly targeted exposure or combined to produce a low-cost customised equities ESG solution thanks to a consistent ESG methodology across all strategies.