ETF · L&G
EMDH L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBP
ISIN IE000YPT5PG3London Stock Exchange: EMDHLegal & General Group Plc
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
- GBP hedged
Latest close
LSE£8.32
on
- Ongoing charge
- 0.38% a year
- Fund size
- £11.5m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, EMDH (L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBP, ISIN IE000YPT5PG3) closed at £8.32 on the London Stock Exchange. Its ongoing charge is 0.38% a year (about £38 on £10,000). Over the three years to 13/11/2026 its total return was +19.2%, or +7.7% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +0.4%
- −3.1% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +19.2%
- +7.7% after inflation (UK CPIH)
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 Hedged GBP in pounds (price only, income paid out not included): 2022 −14.5%, 2023 +1.0%, 2024 +0.4%, 2025 +1.9%; 2026 to 13/11/2026 −6.1%. Returns of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.7%; to 30/09/2025: 0.0%; to 30/09/2024: +6.6%; to 30/09/2023: +0.5%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −6.1% | −9.1% | |
| to | +1.9% | −1.6% | |
| to | +0.4% | −3.0% | |
| +1.0% | −3.0% | ||
| −14.5% | −21.7% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −5.7% | −9.0% |
| from | 0.0% | −3.9% |
| from | +6.6% | +3.9% |
| from | +0.5% | −5.5% |
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)
5.2%over 3 years
| 1 year | 5.6% |
|---|---|
| 3 years | 5.2% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since December 2021
- −20.1%
- From to
- Lowest 12-month return
- −14.5%
- 12 months to
- Highest 12-month return
- +7.8%
- 12 months to
- Below its highest weekly close since December 2021
- 17.0%
- High of , latest
In words: Volatility of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 5.6% over 1 year, 5.2% over 3 years. Largest fall in the price of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBP since December 2021, in pounds: −20.1% from 17/12/2021 to 21/10/2022. The lowest 12-month return of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since December 2021 was −14.5% (12 months to 30/12/2022); the highest was +7.8% (12 months to 18/10/2024). On 13/11/2026 the price of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBP was 17.0% below its highest weekly close since December 2021 (17/12/2021), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.38%
- a year
- On £10,000
- £38
- a year, roughly
- Over five years
- £189
- of £10,000, before growth
- 316 charge less
- 2 the same
- 109 charge more
Ongoing charge of Legal & General UCITS ETF ICAV - L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBP 0.38% a year. Compared on 14/11/2026, 109 of the 427 other corporate and other bond funds charge more, 2 the same and 316 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 Hedged GBP 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 0.38% a year — about £38 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
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 incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- EMDH
- ISIN
- IE000YPT5PG3
- Provider
- L&G
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.38% a year · about £38 on £10,000
- Fund size
- £11.5m
- 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
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from £8.81 on 14/11/2025 to £8.32 on 13/11/2026 (−5.6%). The lowest close shown was £8.28 on 02/10/2026 and the highest £8.88 on 09/01/2026.
One close a week. Before 02/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
254 weekly closes, from 17/12/2021 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
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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 ETFAccumulating · 0.35% a year | 0.35% | −0.3% | +11.3% | +2.0% |
| L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF Hedged GBPThis fundDistributing · 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
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 202 rolling 12-month returns since December 2021, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since December 2021, in pounds, with how many weeks it 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 EMDH?
The ongoing charge of EMDH is 0.38% a year — about £38 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 Hedged GBP 0.38% a year. Compared on 14/11/2026, 109 of the 427 other corporate and other bond funds charge more, 2 the same and 316 less (share classes counted once).
What does EMDH track?
EMDH tracks the J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index - Benchmark TR Net.
Is EMDH accumulating or distributing?
EMDH is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of EMDH?
The ISIN of EMDH is IE000YPT5PG3. An ISIN identifies one exact share class of a fund; EMDH is its ticker on the London Stock Exchange.
What were EMDH’s returns in each of the last five years?
Calendar-year returns of EMDH in pounds (price only, income paid out not included): 2022 −14.5%, 2023 +1.0%, 2024 +0.4%, 2025 +1.9%; 2026 to 13/11/2026 −6.1%. Past performance is not a guide to future returns.
How has EMDH done after inflation?
Over the three years to 13/11/2026 EMDH’s total return was +19.2%, or +7.7% 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.