# L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF (EMAG) **Page:** https://fundology.uk/fund/emag · ISIN IE00BLCGR455 ## 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, 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. ## Summary 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. Latest close: **£8.17** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | EMAG | | ISIN | IE00BLCGR455 | | Also listed as | EMAU (London Stock Exchange, US dollars) | | Category | Corporate & other bonds | | Type | ETF | | Provider | L&G | | Tracks | J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.35% a year (£35 per £10,000) | | Fund size | £16.8m | | Launched | 2021 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 03/06/2021 | ## 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 | -0.28% | -3.81% | income reinvested | | 3 years | +11.34% | +0.59% | income reinvested | | 5 years | +1.96% | -20.42% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year 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 CPIH inflation | Measured as | |---|---|---|---| | 2022 | -0.8% | -9.2% | Price | | 2023 | +1.0% | -3.0% | Price | | 2024 | +8.7% | +5.0% | Price | | 2025 | -0.7% | -4.1% | Price | | 2026 to 13/11/2026 | +1.5% | -1.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.31% | -3.52% | | 3 years | 6.06% | -8.37% | | 5 years | 7.03% | -10.96% | ## Largest fall 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. ## Charges compared with similar funds 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). ## 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 | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Accum Shs USD (this fund) | 0.35% | -0.3% | +11.3% | +2.0% | | Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBP | 0.38% | +0.4% | +19.2% | — | | Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Shs USD | 0.35% | -0.3% | +11.3% | +2.0% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.35%** per year (as of 13/11/2026) - 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 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. ## Fund documents - [Fund page at L&G](https://fundcentres.landg.com/en/uk/private-investors/fund-centre/ETF/Emerging-Markets-Corporate-Bond-USD-Screened/IE00BLCGR455/) - 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.