L&G expands core equity ETF range by launching S&P 100 UCITS ETF
L&G has announced the launch of the L&G S&P 100 UCITS ETF. The firm writes that the fund aims to offer access to a core basket of the 100 largest US blue chip companies, also known as mega caps, which represent approximately two thirds of the S&P 500 Index[1] by market capitalisation.
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