# Mlt Strgy Enhnc Comm UCITS ETF (ECGH) **Page:** https://fundology.uk/fund/ecgh · ISIN IE00011CA799 ## 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, ECGH (Mlt Strgy Enhnc Comm UCITS ETF, ISIN IE00011CA799) closed at £13.77 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the three years to 13/11/2026 its total return was +34.9%, or +21.9% after UK CPIH inflation. ## Summary Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP is an exchange-traded fund (ETF) from L&G, launched in 2023. It tracks the Barclays Backwardation Tilt Multi-Strategy Capped Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.35% a year — about £35 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£13.77** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | ECGH | | ISIN | IE00011CA799 | | Category | Gold & commodities | | Type | ETF | | Provider | L&G | | Tracks | Barclays Backwardation Tilt Multi-Strategy Capped Index | | Income | Accumulating | | Ongoing charge | 0.35% a year (£35 per £10,000) | | Fund size | £335m | | Launched | 2023 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/06/2023 | ## 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 | +23.56% | +19.19% | income reinvested | | 3 years | +34.89% | +21.87% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP in pounds (price, with income reinvested in the fund): 2024 +4.5%, 2025 +5.9%; 2026 to 13/11/2026 +26.5%. Returns of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +32.5%; to 30/09/2025: +9.2%; to 30/09/2024: −4.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2024 | +4.5% | +0.9% | Price | | 2025 | +5.9% | +2.3% | Price | | 2026 to 13/11/2026 | +26.5% | +22.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 16.97% | -11.52% | | 3 years | 14.26% | -11.52% | ## Largest fall Volatility of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 17.0% over 1 year, 14.3% over 3 years. Largest fall in the price of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP since June 2023, in pounds: −11.5% from 15/05/2026 to 26/06/2026. The lowest 12-month return of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP in pounds (price, with income reinvested in the fund) since June 2023 was −9.5% (12 months to 06/09/2024); the highest was +36.4% (12 months to 15/05/2026). On 13/11/2026 the price of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP was 6.9% below its highest weekly close since June 2023 (23/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP 0.35% a year. Compared on 14/11/2026, 84 of the 149 other gold and commodity funds charge more, 10 the same and 55 less (share classes counted once). ## Funds tracking the same index 4 funds track Barclays Backwardation Tilt Multi-Strategy Capped Index, this one included and share classes counted once; their ongoing charges range from 0.30% to 0.35% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF | 0.30% | +22.8% | +25.3% | — | | Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP (this fund) | 0.35% | +23.6% | +34.9% | — | | Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Shs Hedged GBP | 0.30% | +23.6% | — | — | | Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF USD | 0.30% | +23.5% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.35%** 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 ECGH?** The ongoing charge of ECGH is 0.35% a year — about £35 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 Legal & General UCITS ETF Plc - Mlt Strgy Enhnc Comm UCITS ETF Accum Shs Hedged GBP 0.35% a year. Compared on 14/11/2026, 84 of the 149 other gold and commodity funds charge more, 10 the same and 55 less (share classes counted once). **What does ECGH track?** ECGH tracks the Barclays Backwardation Tilt Multi-Strategy Capped Index. **Is ECGH accumulating or distributing?** ECGH 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 ECGH?** The ISIN of ECGH is IE00011CA799. An ISIN identifies one exact share class of a fund; ECGH is its ticker on the London Stock Exchange. **What were ECGH’s returns in each of the last five years?** Calendar-year returns of ECGH in pounds (price, with income reinvested in the fund): 2024 +4.5%, 2025 +5.9%; 2026 to 13/11/2026 +26.5%. Past performance is not a guide to future returns. **How has ECGH done after inflation?** Over the three years to 13/11/2026 ECGH’s total return was +34.9%, or +21.9% 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/Multi-Strategy-Enhanced-Commodities/IE00011CA799/) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.