# iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR (0ACM) **Source:** https://fundology.uk/fund/0acm · ISIN IE00BGPP6697 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 30/09/2026, 0ACM (iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR, ISIN IE00BGPP6697) closed at €4.15 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 30/09/2026 its total return was −18.4%, or −36.2% after UK CPIH inflation. ## Summary iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR is an exchange-traded fund (ETF) from iShares, launched in 2019. It tracks the ICE BofA US Treasury (7-10 Y). 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 paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **€4.15** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0ACM | | ISIN | IE00BGPP6697 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | ICE BofA US Treasury (7-10 Y) | | Income | Distributing | | Ongoing charge | 0.10% a year (£10 per £10,000) | | Fund size | £973m | | Launched | 2019 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -7.25% | -10.16% | income reinvested | | 3 years | +2.17% | -7.81% | income reinvested | | 5 years | -18.41% | -36.22% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR in pounds (price only, income paid out not included): 2024 −10.5%, 2025 +10.9%; 2026 to 30/09/2026 −2.1%. Returns of iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −2.2%; to 30/09/2025: +2.7%; to 30/09/2024: +1.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2024 | -10.5% | -13.5% | Price | | 2025 | +10.9% | +7.1% | Price | | 2026 to 30/09/2026 | -2.1% | -4.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 2.95% | -3.80% | | 3 years | 7.11% | -10.76% | ## Largest fall Volatility of iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR in pounds, annualised from weekly returns to 30/09/2026: 2.9% over 1 year, 7.1% over 3 years. Largest fall in the price of iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR since July 2023, in pounds: −11.3% from 21/07/2023 to 10/01/2025. The lowest 12-month return of iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR in pounds (price only, income paid out not included) since July 2023 was −10.5% (12 months to 27/12/2024); the highest was +11.6% (12 months to 14/11/2025). On 30/09/2026 the price of iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR was 3.4% below its highest weekly close since July 2023 (21/07/2023), in pounds. ## Charges compared with similar funds Ongoing charge of iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR 0.10% a year, as of 01/10/2026: 161 of the 274 other government bond funds charge more, 37 the same and 76 less (share classes counted once). ## Funds tracking the same index 5 funds track ICE BofA US Treasury (7-10 Y), this one included and share classes counted once; their ongoing charges range from 0.07% to 0.10% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares USD Treasury Bond 7-10yr UCITS ETF | 0.07% | -2.0% | +1.1% | -6.7% | | iShares USD Treasury Bond 7-10yr UCITS ETF AccumHedged GBP | 0.10% | -3.5% | — | — | | iShares USD Treasury Bond 7-10yr UCITS ETF GBP | 0.10% | -3.5% | +8.6% | -11.3% | | iShares USD Treasury Bond 7-10yr UCITS ETF Hedged EUR (this fund) | 0.10% | -7.2% | +2.2% | -18.4% | | iShares USD Treasury Bond 7-10yr UCITS ETF USD (Acc) USD | 0.07% | -2.3% | +1.2% | -7.7% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.10%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Treasury Note | 78.92% | | Treasury Note (Old) | 8.77% | | Treasury Note (2OLD) | 8.68% | | Treasury Note (Otr) | 3.09% | | Treasury Bond | 0.49% | | EUR Cash | 0.24% | | GBP Cash | 0.03% | | Blk Ics USD Liq Agency Dis | 0.01% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector As published by iShares, as of 29/09/2026. | Sector | Weight | |---|---| | Treasury | 100.0% | | Cash and derivatives | 0.1% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Bonds | 100.0% | | Cash and money market | 0.3% | --- 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.