# Europe (ex-UK) Equity (LGEG)

**Page:** https://fundology.uk/fund/lgeg · ISIN IE00BFXR5V83

## 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, LGEG (Europe (ex-UK) Equity, ISIN IE00BFXR5V83) closed at £19.12 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 13/11/2026 its total return was +50.3%, or +17.3% after UK CPIH inflation.

## Summary

Legal & General UCITS ETF Plc - Europe (ex-UK) Equity is an exchange-traded fund (ETF) from L&G, launched in 2018. It tracks the Solactive Core Developed Markets Europe ex UK Large & Mid Cap Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.1% a year — about £10 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: **£19.12** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | LGEG |
| ISIN | IE00BFXR5V83 |
| Also listed as | LGEU (London Stock Exchange, euros), ETLN (Xetra, euros) |
| Category | European shares |
| Type | ETF |
| Provider | L&G |
| Tracks | Solactive Core Developed Markets Europe ex UK Large & Mid Cap Index |
| Income | Accumulating |
| Ongoing charge | 0.10% a year (£10 per £10,000) |
| Fund size | £444m |
| Launched | 2018 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/11/2018 |

## 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 | +11.68% | +7.73% | income reinvested |
| 3 years | +53.09% | +38.31% | income reinvested |
| 5 years | +50.26% | +17.28% | 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 - Europe (ex-UK) Equity in pounds (price, with income reinvested in the fund): 2022 −6.9%, 2023 +15.7%, 2024 +1.9%, 2025 +26.7%; 2026 to 13/11/2026 +9.4%. Returns of Legal & General UCITS ETF Plc - Europe (ex-UK) Equity in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +11.9%; to 30/09/2025: +15.5%; to 30/09/2024: +16.7%; to 30/09/2023: +19.1%; to 30/09/2022: −11.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -6.9% | -14.8% | Price |
| 2023 | +15.7% | +11.1% | Price |
| 2024 | +1.9% | -1.5% | Price |
| 2025 | +26.7% | +22.4% | Price |
| 2026 to 13/11/2026 | +9.4% | +5.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 13.75% | -10.60% |
| 3 years | 12.90% | -10.60% |
| 5 years | 14.52% | -18.58% |

## Largest fall

Volatility of Legal & General UCITS ETF Plc - Europe (ex-UK) Equity in pounds, annualised from weekly returns to 13/11/2026: 13.7% over 1 year, 12.9% over 3 years, 14.5% over 5 years. Largest fall in the price of Legal & General UCITS ETF Plc - Europe (ex-UK) Equity since November 2021, in pounds: −17.3% from 19/11/2021 to 04/03/2022. The lowest 12-month return of Legal & General UCITS ETF Plc - Europe (ex-UK) Equity in pounds (price, with income reinvested in the fund) since January 2021 was −13.8% (12 months to 14/10/2022); the highest was +28.8% (12 months to 10/04/2026). On 13/11/2026 the price of Legal & General UCITS ETF Plc - Europe (ex-UK) Equity was 2.1% below its highest weekly close since November 2021 (07/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Legal & General UCITS ETF Plc - Europe (ex-UK) Equity 0.10% a year. Compared on 14/11/2026, 206 of the 242 other European share funds charge more, 17 the same and 19 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.10%** 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 LGEG?**

The ongoing charge of LGEG is 0.10% a year — about £10 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 - Europe (ex-UK) Equity 0.10% a year. Compared on 14/11/2026, 206 of the 242 other European share funds charge more, 17 the same and 19 less (share classes counted once).

**What does LGEG track?**

LGEG tracks the Solactive Core Developed Markets Europe ex UK Large & Mid Cap Index.

**Is LGEG accumulating or distributing?**

LGEG 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 LGEG?**

The ISIN of LGEG is IE00BFXR5V83. An ISIN identifies one exact share class of a fund; LGEG is its ticker on the London Stock Exchange. The same share class is also listed as LGEU (London Stock Exchange, euros) and ETLN (Xetra, euros).

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

Calendar-year returns of LGEG in pounds (price, with income reinvested in the fund): 2022 −6.9%, 2023 +15.7%, 2024 +1.9%, 2025 +26.7%; 2026 to 13/11/2026 +9.4%. Past performance is not a guide to future returns.

**How has LGEG done after inflation?**

Over the five years to 13/11/2026 LGEG’s total return was +50.3%, or +17.3% 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/Europe-ex-UK-Equity/IE00BFXR5V83/)
- 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.
