ETF · L&G
EMAG L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF
ISIN IE00BLCGR455London Stock Exchange: EMAGLegal & General Group Plc
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£8.17
on
- Ongoing charge
- 0.35% a year
- Fund size
- £16.8m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, EMAG (L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF, ISIN IE00BLCGR455) closed at £8.17 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 13/11/2026 its total return was +2.0%, or −20.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −0.3%
- −3.8% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +11.3%
- +0.6% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +2.0%
- −20.4% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,020 on 13/11/2026 — about £796 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund): 2022 −0.8%, 2023 +1.0%, 2024 +8.7%, 2025 −0.7%; 2026 to 13/11/2026 +1.5%. Returns of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +2.1%; to 30/09/2025: +5.3%; to 30/09/2024: +2.6%; to 30/09/2023: −2.8%; to 30/09/2022: +1.5%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +1.5% | −1.7% | |
| to | −0.7% | −4.1% | |
| to | +8.7% | +5.0% | |
| +1.0% | −3.0% | ||
| −0.8% | −9.2% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +2.1% | −1.5% |
| from | +5.3% | +1.2% |
| from | +2.6% | 0.0% |
| from | −2.8% | −8.6% |
| from | +1.5% | −6.7% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
7.0%over 5 years
| 1 year | 5.3% |
|---|---|
| 3 years | 6.1% |
| 5 years | 7.0% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −11.0%
- From to
- Lowest 12-month return
- −5.6%
- 12 months to
- Highest 12-month return
- +10.7%
- 12 months to
- Below its highest weekly close since November 2021
- 2.1%
- High of , latest
In words: Volatility of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Accum Shs USD in pounds, annualised from weekly returns to 13/11/2026: 5.3% over 1 year, 6.1% over 3 years, 7.0% over 5 years. Largest fall in the price of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Accum Shs USD since November 2021, in pounds: −11.0% from 23/09/2022 to 14/07/2023. The lowest 12-month return of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund) since June 2021 was −5.6% (12 months to 18/08/2023); the highest was +10.7% (12 months to 17/01/2025). On 13/11/2026 the price of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Accum Shs USD was 2.1% below its highest weekly close since November 2021 (26/06/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.35%
- a year
- On £10,000
- £35
- a year, roughly
- Over five years
- £174
- of £10,000, before growth
- 293 charge less
- 18 the same
- 116 charge more
Ongoing charge of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Accum Shs USD 0.35% a year. Compared on 14/11/2026, 116 of the 427 other corporate and other bond funds charge more, 18 the same and 293 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Accum Shs USD is an exchange-traded fund (ETF) from L&G, launched in 2021.
It tracks the J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index - Benchmark TR Net.
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.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- EMAG
- ISIN
- IE00BLCGR455
- Also listed as
- EMAU (London Stock Exchange, US dollars)
- Provider
- L&G
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.35% a year · about £35 on £10,000
- Fund size
- £16.8m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from £8.20 on 14/11/2025 to £8.17 on 13/11/2026 (−0.3%). The lowest close shown was £7.96 on 30/01/2026 and the highest £8.35 on 26/06/2026.
One close a week. Before 01/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
260 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Funds tracking the same index
3 funds track J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.35% to 0.38% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETFThis fundAccumulating · 0.35% a year | 0.35% | −0.3% | +11.3% | +2.0% |
| L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBPDistributing · Currency hedged · 0.38% a year | 0.38% | +0.4% | +19.2% | Not reported |
| L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Shs USDDistributing · 0.35% a year | 0.35% | −0.3% | +11.3% | +2.0% |
As of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
- L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBPDistributing · Currency hedged · 0.38% a year · IE000YPT5PG3
- L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Shs USDDistributing · 0.35% a year · IE00BLRPRF81
Read more:Share classesAccumulating or incomeCurrency hedging
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 231 rolling 12-month returns since June 2021, and of 127 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (152 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of EMAG?
The ongoing charge of EMAG 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 ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Accum Shs USD 0.35% a year. Compared on 14/11/2026, 116 of the 427 other corporate and other bond funds charge more, 18 the same and 293 less (share classes counted once).
What does EMAG track?
EMAG tracks the J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index - Benchmark TR Net.
Is EMAG accumulating or distributing?
EMAG 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 EMAG?
The ISIN of EMAG is IE00BLCGR455. An ISIN identifies one exact share class of a fund; EMAG is its ticker on the London Stock Exchange. The same share class is also listed as EMAU (London Stock Exchange, US dollars).
What were EMAG’s returns in each of the last five years?
Calendar-year returns of EMAG in pounds (price, with income reinvested in the fund): 2022 −0.8%, 2023 +1.0%, 2024 +8.7%, 2025 −0.7%; 2026 to 13/11/2026 +1.5%. Past performance is not a guide to future returns.
How has EMAG done after inflation?
Over the five years to 13/11/2026 EMAG’s total return was +2.0%, or −20.4% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at L&G (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.