# L&G MSCI Europe Select UCITS ETF (RIEG) **Page:** https://fundology.uk/fund/rieg · ISIN IE00BKLTRN76 ## 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, RIEG (L&G MSCI Europe Select UCITS ETF, ISIN IE00BKLTRN76) closed at £17.04 on the London Stock Exchange. Its ongoing charge is 0.16% a year (about £16 on £10,000). Over the five years to 13/11/2026 its total return was +42.2%, or +11.0% after UK CPIH inflation. ## Summary L&G MSCI Europe Select UCITS ETF Accum Shs EUR is an exchange-traded fund (ETF) from L&G, launched in 2019. It tracks the MSCI ACWI Select Climate 500 Index Europe Subset Index — large and medium-sized companies across developed and emerging markets. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.16% a year — about £16 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: **£17.04** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | RIEG | | ISIN | IE00BKLTRN76 | | Also listed as | RIEU (London Stock Exchange, euros), DELF (Xetra, euros) | | Category | Sustainable & clean energy | | Type | ETF | | Provider | L&G | | Tracks | MSCI ACWI Select Climate 500 Index Europe Subset Index | | Income | Accumulating | | Ongoing charge | 0.16% a year (£16 per £10,000) | | Fund size | £1.2bn | | Launched | 2019 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/08/2019 | ## 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 | +8.42% | +4.58% | income reinvested | | 3 years | +48.07% | +33.78% | income reinvested | | 5 years | +42.19% | +10.99% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of L&G MSCI Europe Select UCITS ETF Accum Shs EUR in pounds (price, with income reinvested in the fund): 2022 −7.5%, 2023 +13.1%, 2024 +4.5%, 2025 +22.0%; 2026 to 13/11/2026 +7.9%. Returns of L&G MSCI Europe Select UCITS ETF Accum Shs EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +8.8%; to 30/09/2025: +12.4%; to 30/09/2024: +17.9%; to 30/09/2023: +17.4%; to 30/09/2022: −11.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -7.5% | -15.3% | Price | | 2023 | +13.1% | +8.6% | Price | | 2024 | +4.5% | +0.9% | Price | | 2025 | +22.0% | +17.8% | Price | | 2026 to 13/11/2026 | +7.9% | +4.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 13.70% | -11.24% | | 3 years | 12.30% | -11.24% | | 5 years | 14.03% | -18.61% | ## Largest fall Volatility of L&G MSCI Europe Select UCITS ETF Accum Shs EUR in pounds, annualised from weekly returns to 13/11/2026: 13.7% over 1 year, 12.3% over 3 years, 14.0% over 5 years. Largest fall in the price of L&G MSCI Europe Select UCITS ETF Accum Shs EUR since November 2021, in pounds: −17.5% from 19/11/2021 to 14/10/2022. The lowest 12-month return of L&G MSCI Europe Select UCITS ETF Accum Shs EUR in pounds (price, with income reinvested in the fund) since January 2021 was −13.9% (12 months to 14/10/2022); the highest was +24.5% (12 months to 10/04/2026). On 13/11/2026 the price of L&G MSCI Europe Select UCITS ETF Accum Shs EUR was 1.7% below its highest weekly close since November 2021 (07/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of L&G MSCI Europe Select UCITS ETF Accum Shs EUR 0.16% a year. Compared on 14/11/2026, 158 of the 177 other sustainable and clean-energy funds charge more, 3 the same and 16 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.16%** per year - 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 RIEG?** The ongoing charge of RIEG is 0.16% a year — about £16 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 L&G MSCI Europe Select UCITS ETF Accum Shs EUR 0.16% a year. Compared on 14/11/2026, 158 of the 177 other sustainable and clean-energy funds charge more, 3 the same and 16 less (share classes counted once). **What does RIEG track?** RIEG tracks the MSCI ACWI Select Climate 500 Index Europe Subset Index — large and medium-sized companies across developed and emerging markets. **Is RIEG accumulating or distributing?** RIEG 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 RIEG?** The ISIN of RIEG is IE00BKLTRN76. An ISIN identifies one exact share class of a fund; RIEG is its ticker on the London Stock Exchange. The same share class is also listed as RIEU (London Stock Exchange, euros) and DELF (Xetra, euros). **What were RIEG’s returns in each of the last five years?** Calendar-year returns of RIEG in pounds (price, with income reinvested in the fund): 2022 −7.5%, 2023 +13.1%, 2024 +4.5%, 2025 +22.0%; 2026 to 13/11/2026 +7.9%. Past performance is not a guide to future returns. **How has RIEG done after inflation?** Over the five years to 13/11/2026 RIEG’s total return was +42.2%, or +11.0% 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/MSCI-Europe-Select/IE00BKLTRN76/) - 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.