L&G Metaverse ESG Exclusions UCITS ETF Acc

Issuer: L&G ETFs

Asset Class: Equity

TER: 39bps

Trading Currency: GBX

Pays Income: False

Listing Date: 07 Sep 2022

Ticker: MTVG

ISIN: IE0004U3TX15

This fund offers targeted exposure to the burgeoning metaverse theme, which represents the next evolutionary step of the internet. It focuses on companies poised to build, power, and populate the immersive, persistent, and shared virtual worlds of the future. The investment strategy is designed to capture the growth potential of companies that are integral to the development of the metaverse ecosystem. This includes those involved in creating the foundational hardware like high-performance computing chips and virtual/augmented reality headsets, as well as those developing the software platforms, digital infrastructure, and payment systems that will enable seamless interaction within these new digital frontiers.

The portfolio is constructed to provide a comprehensive look at this disruptive trend, holding a globally diversified basket of equities. It grants access to companies across various critical sub-themes such as digital infrastructure, which includes data centres and connectivity providers; content and social platforms, encompassing gaming engines and virtual event spaces; and the hardware that serves as the gateway to these experiences. By investing in a range of companies, from established technology giants pioneering metaverse initiatives to more specialized firms developing key enabling technologies, the fund aims to balance stability with high-growth potential.

This thematic investment is suitable for those looking to capitalize on the long-term structural shift towards greater digitalization in work, entertainment, and social interaction. It provides a strategic allocation to a high-growth, innovative sector that could redefine how we engage with technology and each other. The fund offers a convenient and diversified vehicle for gaining exposure to the complex and multi-faceted value chain of the metaverse, potentially rewarding investors who believe in the transformative power of this next-generation digital reality.