# L&G Gold Mining UCITS ETF (AUCP)

**Page:** https://fundology.uk/fund/aucp · ISIN IE00B3CNHG25

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, AUCP (L&G Gold Mining UCITS ETF, ISIN IE00B3CNHG25) closed at £79.44 on the London Stock Exchange. Its ongoing charge is 0.65% a year (about £65 on £10,000). Over the five years to 13/11/2026 its total return was +225.4%, or +154.0% after UK CPIH inflation.

## Summary

L&G Gold Mining UCITS ETF is an exchange-traded fund (ETF) from L&G, launched in 2008. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.65% a year — about £65 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£79.44** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | AUCP |
| ISIN | IE00B3CNHG25 |
| Also listed as | AUCO (London Stock Exchange, US dollars), ETLX (Xetra, euros) |
| Category | Single sectors |
| Type | ETF |
| Provider | L&G |
| Income | Accumulating |
| Ongoing charge | 0.65% a year (£65 per £10,000) |
| Fund size | £654m |
| Launched | 2008 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/07/2010 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +13.89% | +9.86% | income reinvested |
| 3 years | +278.99% | +242.41% | income reinvested |
| 5 years | +225.41% | +154.00% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of L&G Gold Mining UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −4.0%, 2023 +8.7%, 2024 +26.9%, 2025 +139.3%; 2026 to 13/11/2026 +2.7%. Returns of L&G Gold Mining UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +20.3%; to 30/09/2025: +108.5%; to 30/09/2024: +57.5%; to 30/09/2023: +3.4%; to 30/09/2022: −3.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -4.0% | -12.2% | Price |
| 2023 | +8.7% | +4.4% | Price |
| 2024 | +26.9% | +22.6% | Price |
| 2025 | +139.3% | +131.1% | Price |
| 2026 to 13/11/2026 | +2.7% | -0.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 56.14% | -38.58% |
| 3 years | 42.42% | -38.58% |
| 5 years | 39.29% | -38.58% |

## Largest fall

Volatility of L&G Gold Mining UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 56.1% over 1 year, 42.4% over 3 years, 39.3% over 5 years. Largest fall in the price of L&G Gold Mining UCITS ETF since November 2021, in pounds: −38.6% from 27/02/2026 to 17/07/2026. The lowest 12-month return of L&G Gold Mining UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −24.9% (12 months to 10/03/2023); the highest was +196.4% (12 months to 27/02/2026). On 13/11/2026 the price of L&G Gold Mining UCITS ETF was 26.0% below its highest weekly close since November 2021 (27/02/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of L&G Gold Mining UCITS ETF 0.65% a year. Compared on 14/11/2026, 18 of the 164 other single-sector funds charge more, 6 the same and 140 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.65%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of AUCP?**

The ongoing charge of AUCP is 0.65% a year — about £65 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of L&G Gold Mining UCITS ETF 0.65% a year. Compared on 14/11/2026, 18 of the 164 other single-sector funds charge more, 6 the same and 140 less (share classes counted once).

**Is AUCP accumulating or distributing?**

AUCP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of AUCP?**

The ISIN of AUCP is IE00B3CNHG25. An ISIN identifies one exact share class of a fund; AUCP is its ticker on the London Stock Exchange. The same share class is also listed as AUCO (London Stock Exchange, US dollars) and ETLX (Xetra, euros).

**What were AUCP’s returns in each of the last five years?**

Calendar-year returns of AUCP in pounds (price, with income reinvested in the fund): 2022 −4.0%, 2023 +8.7%, 2024 +26.9%, 2025 +139.3%; 2026 to 13/11/2026 +2.7%. Past performance is not a guide to future returns.

**How has AUCP done after inflation?**

Over the five years to 13/11/2026 AUCP’s total return was +225.4%, or +154.0% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at L&G](https://fundcentres.landg.com/en/uk/private-investors/fund-centre/ETF/Gold-Mining/IE00B3CNHG25/)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.
