HomeAssetsL&G Europe ex-UK Quality Dividends Equal Weight UCITS ETF EUR Dist
LGGE
ETF
Equity

L&G Europe ex-UK Quality Dividends Equal Weight UCITS ETF EUR Dist

This ETF tracks a quality dividend index of European stocks excluding the UK, designed for investors seeking income from European equities.

ISIN IE00BMYDM919TER 0.25% TERInception 15 Apr 2021Policy DistributingProvider Legal & General (LGIM)

See below how EuroFolio members build portfolios around LGGE, and which ETFs they most commonly pair with it.

How EuroFolio members use LGGE

LGGE's most persistent companions are other dividend-focused equity funds and defensive assets. VDIV appears alongside LGGE in five of the top portfolios at allocations from 5% to 30%, while global core funds such as VGWD, XDW0, IS3S and the Swedish listed SE0021921087 frequently fill the 10–50% range. When LGGE is the anchor, as in the two-fund "Tillväxt" and "Dividend" variants, it holds 30–50% and is balanced by another income ETF; when the overall portfolio is more cautious, it drops to 5–20% and becomes the European sleeve next to large gold allocations (4GLD 50%, PPFB 8–49%) and IEAA bonds at 5%. These patterns suggest LGGE is not meant to stand alone but to bring a European quality-dividend tilt that slots neatly between broad global equity and defensive gold, contributing steady income without distorting overall volatility.

The community splits into two clear uses of LGGE. Yield-seeking users like user-txt449 and user-c3glzx push it to 30–50% in simple, concentrated income strategies such as "Dividend" (LGGE 30%, LDGL 40%, VDIV 30%) and "Tillväkt baby" (LGGE 50% paired with SE0021921087), which produce 22–27% annual returns and Sharpe ratios of 1.65–2.40. The defensive group led by user-jb9a33 and user-xi07wn limits it to 5–20% in portfolios like "Defensive seat" and "ARGA Dividend + gold + World" where gold and bonds carry the ballast, keeping volatility near 10% and drawdowns mostly under 13% while still generating 14–18% Per most. In both cases, LGGE is treated as a quality-income compounding block, scaled aggressively when the investor wants dividend upside and trimmed to a small add-on when capital preservation is the priority.

AI analysis of below portfolio data from our community only · Not investment advice · Sept 2026

Fund Details
Index TrackedFTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality
ReplicationPhysical
StrategyLong-only
Currency RiskCurrency unhedged
Fund DomicileIreland
Fund CurrencyEUR