# Northern Trust Listed Private Equity UCITS ETF Accum - USD (FLPE)

**Page:** https://fundology.uk/fund/flpe · ISIN IE0008ZGI5C1

## 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, FLPE (Northern Trust Listed Private Equity UCITS ETF Accum - USD, ISIN IE0008ZGI5C1) closed at £22.84 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the three years to 13/11/2026 its total return was +30.7%, or +18.0% after UK CPIH inflation.

## Summary

Northern Trust Listed Private Equity UCITS ETF Accum - USD is an exchange-traded fund (ETF) from Northern Trust, launched in 2021. It tracks the MSCI World IMI Listed Private Equity Select Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 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: **£22.84** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | FLPE |
| ISIN | IE0008ZGI5C1 |
| Category | Single sectors |
| Type | ETF |
| Provider | Northern Trust |
| Tracks | MSCI World IMI Listed Private Equity Select Index |
| Income | Accumulating |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £226m |
| Launched | 2021 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 09/12/2021 |

## 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 | -11.65% | -14.78% | income reinvested |
| 3 years | +30.66% | +18.04% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Northern Trust Listed Private Equity UCITS ETF Accum - USD in pounds (price, with income reinvested in the fund): 2023 +35.1%, 2024 +33.2%, 2025 −2.6%; 2026 to 13/11/2026 −12.5%. Returns of Northern Trust Listed Private Equity UCITS ETF Accum - USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −20.0%; to 30/09/2025: +11.7%; to 30/09/2024: +35.4%; to 30/09/2023: +22.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2023 | +35.1% | +29.8% | Price |
| 2024 | +33.2% | +28.7% | Price |
| 2025 | -2.6% | -6.0% | Price |
| 2026 to 13/11/2026 | -12.5% | -15.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 21.10% | -25.72% |
| 3 years | 20.42% | -29.88% |

## Largest fall

Volatility of Northern Trust Listed Private Equity UCITS ETF Accum - USD in pounds, annualised from weekly returns to 13/11/2026: 21.1% over 1 year, 20.4% over 3 years. Largest fall in the price of Northern Trust Listed Private Equity UCITS ETF Accum - USD since February 2022, in pounds: −29.9% from 31/01/2025 to 27/03/2026. The lowest 12-month return of Northern Trust Listed Private Equity UCITS ETF Accum - USD in pounds (price, with income reinvested in the fund) since February 2022 was −20.4% (12 months to 02/10/2026); the highest was +54.7% (12 months to 18/10/2024). On 13/11/2026 the price of Northern Trust Listed Private Equity UCITS ETF Accum - USD was 19.8% below its highest weekly close since February 2022 (31/01/2025), in pounds.

## Charges compared with similar funds

Ongoing charge of Northern Trust Listed Private Equity UCITS ETF Accum - USD 0.40% a year. Compared on 14/11/2026, 65 of the 164 other single-sector funds charge more, 2 the same and 97 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** 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 FLPE?**

The ongoing charge of FLPE is 0.40% a year — about £40 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 Northern Trust Listed Private Equity UCITS ETF Accum - USD 0.40% a year. Compared on 14/11/2026, 65 of the 164 other single-sector funds charge more, 2 the same and 97 less (share classes counted once).

**What does FLPE track?**

FLPE tracks the MSCI World IMI Listed Private Equity Select Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US.

**Is FLPE accumulating or distributing?**

FLPE 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 FLPE?**

The ISIN of FLPE is IE0008ZGI5C1. An ISIN identifies one exact share class of a fund; FLPE is its ticker on the London Stock Exchange.

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

Calendar-year returns of FLPE in pounds (price, with income reinvested in the fund): 2023 +35.1%, 2024 +33.2%, 2025 −2.6%; 2026 to 13/11/2026 −12.5%. Past performance is not a guide to future returns.

**How has FLPE done after inflation?**

Over the three years to 13/11/2026 FLPE’s total return was +30.7%, or +18.0% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.