L&G Global Equity UCITS ETF

 The L&G Global Equity UCITS ETF (the "Fund") is a passively managed exchange traded fund ("ETF") that aims to track the performance of the Solactive Core Developed Markets Large and Mid Cap USD Index NTR (the "Index"), subject to the deduction of the ongoing charges and other costs associated with operating the Fund.  The Fund promotes a range of environmental and social characteristics which are met by tracking the Index. Further information on how such characteristics are met by the Fund can be found in the Fund Supplement.  Dealing. Shares in this Share Class (the “Shares”) are denominated in USD and can be bought and sold on stock exchanges by ordinary investors using an intermediary (e.g. a stockbroker). In normal circumstances, only Authorised Participants may buy and sell Shares directly with the Company. Authorised Participants may redeem their Shares on demand in accordance with the “Dealing Timetable” published on http://www.lgim.com.  Index. The Index is designed to be a benchmark for the global developed equities market and measures the performance of large and mid-cap publically traded companies from various developed market countries which satisfy minimum criteria relating to liquidity and size and excludes companies: (a) engaged in pure coal mining; (b) involved in the production of controversial weapons, such as cluster weapons, antipersonnel mines or biological and chemical weapons; or (c) that, for a continuous period of three years, have been classified as being in breach of at least one of the UN Global Compact principles, which is a set of globally accepted standards on human rights, labour, environment and corruption. The constituents are weighted according to their “free-float market capitalisation” which is a measure of the total market value of the proportion of a company’s shares that are publically traded (i.e. “floating”) in the stock market as opposed to locked-in shares held by promoters, company officers, controllinginterest investors, or government authorities.  The Index is reconstituted on a quarterly basis on the first Wednesday in February, May, August and November.  Replication. The Fund will primarily invest directly in the securities represented in the Index in similar proportions to their weightings in the Index. The Fund may also invest in (1) companies that are not constituents of the Index that have similar risk and performance characteristics to the companies contained in the Index and (2) financial derivative instruments (“FDIs”) (i.e. investments the prices of which are based on the companies contained in the Index and/or such other companies).  Dividend Policy. This Share Class does not intend to pay dividends. Any income which may result from the Fund’s investments will be reinvested into the Fund.