L&G India INR Government Bond UCITS ETF USD Distributing

The L&G India INR Government Bond ETF invests primarily in large-scale Indian central government bonds denominated in Indian Rupees. Its portfolio consists of fixed-rate and zero-coupon bonds that are eligible for non-resident investment through the Fully Accessible Route. To be included, each bond must have been issued with a minimum size of US$1 billion equivalent and must have at least 2.5 years remaining until maturity when added to the fund, maintaining at least six months until maturity during each monthly rebalance. The ETF aims to mirror the composition and performance of the J.P. Morgan India Government Fully Accessible Route Bonds Index by holding these securities in proportions that reflect their weights in the index.