# Blmb. 1-3 Month T-Bill ETF (0ACS) **Page:** https://fundology.uk/fund/0acs · ISIN IE00BJXRT698 ## 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, 0ACS (Blmb. 1-3 Month T-Bill ETF, ISIN IE00BJXRT698) closed at $121.93 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the five years to 13/11/2026 its total return was +22.0%, or −4.8% after UK CPIH inflation. ## Summary SSgA SPDR ETFs Europe I Plc - Blmb. 1-3 Month T-Bill ETF is an exchange-traded fund (ETF) from SPDR, launched in 2019. It tracks the Bloomberg US Treasury - Bills (1-3 M). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.06% a year — about £6 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: **$121.93** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0ACS | | ISIN | IE00BJXRT698 | | Also listed as | ZPR1 (Xetra, US dollars) | | Category | Cash-like & short-term | | Type | ETF | | Provider | SPDR | | Tracks | Bloomberg US Treasury - Bills (1-3 M) | | Income | Accumulating | | Ongoing charge | 0.06% a year (£6 per £10,000) | | Fund size | £760m | | Launched | 2019 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 17/07/2019 | ## 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 | +3.35% | -0.31% | income reinvested | | 3 years | +5.47% | -4.71% | income reinvested | | 5 years | +21.95% | -4.81% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of SSgA SPDR ETFs Europe I Plc - Blmb. 1-3 Month T-Bill ETF in pounds (price, with income reinvested in the fund): 2024 +7.8%, 2025 −3.8%; 2026 to 13/11/2026 +4.9%. Returns of SSgA SPDR ETFs Europe I Plc - Blmb. 1-3 Month T-Bill ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +4.9%; to 30/09/2025: +4.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2024 | +7.8% | +4.2% | Price | | 2025 | -3.8% | -7.1% | Price | | 2026 to 13/11/2026 | +4.9% | +1.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.53% | -4.15% | | 3 years | 6.24% | -9.44% | ## Largest fall Volatility of SSgA SPDR ETFs Europe I Plc - Blmb. 1-3 Month T-Bill ETF in pounds, annualised from weekly returns to 13/11/2026: 5.5% over 1 year, 6.2% over 3 years. Largest fall in the price of SSgA SPDR ETFs Europe I Plc - Blmb. 1-3 Month T-Bill ETF since October 2023, in pounds: −9.4% from 17/01/2025 to 27/06/2025. The lowest 12-month return of SSgA SPDR ETFs Europe I Plc - Blmb. 1-3 Month T-Bill ETF in pounds (price, with income reinvested in the fund) since October 2023 was −6.0% (12 months to 30/01/2026); the highest was +9.3% (12 months to 17/01/2025). On 13/11/2026 the price of SSgA SPDR ETFs Europe I Plc - Blmb. 1-3 Month T-Bill ETF was 1.0% below its highest weekly close since October 2023 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of SSgA SPDR ETFs Europe I Plc - Blmb. 1-3 Month T-Bill ETF 0.06% a year. Compared on 14/11/2026, 36 of the 43 other cash-like and short-term funds charge more, 2 the same and 5 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.06%** 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. ## What it holds As of 05/11/2026, 0ACS holds 20 positions, according to its published holdings. The largest is Treasury Bill 0 12/10/2026 at 9.62% of the fund; the ten largest make up 74.2%. ### Top holdings Largest positions (as of 05/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Treasury Bill 0 12/10/2026 | — | 9.62% | | 2 | Treasury Bill 0 12/03/2026 | — | 9.30% | | 3 | Treasury Bill 0 12/24/2026 | — | 8.26% | | 4 | Treasury Bill 0 01/21/2027 | — | 8.18% | | 5 | Treasury Bill 0 12/31/2026 | — | 6.73% | | 6 | United States Treas Bill 0 01/07/2027 | — | 6.57% | | 7 | Treasury Bill 0 01/28/2027 | — | 6.54% | | 8 | Treasury Bill 0 01/14/2027 | — | 6.48% | | 9 | Treasury Bill 0 12/17/2026 | — | 6.38% | | 10 | Treasury Bill 0 12/22/2026 | — | 6.15% | The 19 holdings on record (of 20 reported): https://fundology.uk/fund/0acs/holdings ## Questions people ask **What is the ongoing charge of 0ACS?** The ongoing charge of 0ACS is 0.06% a year — about £6 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 SSgA SPDR ETFs Europe I Plc - Blmb. 1-3 Month T-Bill ETF 0.06% a year. Compared on 14/11/2026, 36 of the 43 other cash-like and short-term funds charge more, 2 the same and 5 less (share classes counted once). **What does 0ACS track?** 0ACS tracks the Bloomberg US Treasury - Bills (1-3 M). **Is 0ACS accumulating or distributing?** 0ACS 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 0ACS?** The ISIN of 0ACS is IE00BJXRT698. An ISIN identifies one exact share class of a fund; 0ACS is its ticker on the London Stock Exchange. The same share class is also listed as ZPR1 (Xetra, US dollars). **What does 0ACS hold?** As of 05/11/2026, 0ACS holds 20 positions, according to its published holdings. The largest is Treasury Bill 0 12/10/2026 at 9.62% of the fund; the ten largest make up 74.2%. Its ten largest holdings are Treasury Bill 0 12/10/2026 (9.62%), Treasury Bill 0 12/03/2026 (9.30%), Treasury Bill 0 12/24/2026 (8.26%), Treasury Bill 0 01/21/2027 (8.18%), Treasury Bill 0 12/31/2026 (6.73%), United States Treas Bill 0 01/07/2027 (6.57%), Treasury Bill 0 01/28/2027 (6.54%), Treasury Bill 0 01/14/2027 (6.48%), Treasury Bill 0 12/17/2026 (6.38%) and Treasury Bill 0 12/22/2026 (6.15%). **What were 0ACS’s returns in each of the last five years?** Calendar-year returns of 0ACS in pounds (price, with income reinvested in the fund): 2024 +7.8%, 2025 −3.8%; 2026 to 13/11/2026 +4.9%. Past performance is not a guide to future returns. **How has 0ACS done after inflation?** Over the five years to 13/11/2026 0ACS’s total return was +22.0%, or −4.8% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at State Street Global Advisors](https://www.ssga.com/uk/en_gb/intermediary/etfs/state-street-spdr-bloomberg-1-3-month-t-bill-ucits-etf-acc-zpr1-gy) - [Key investor information document (KIID)](https://www.ssga.com/library-content/kiids?isin=IE00BJXRT698&documentType=kiid&country=uk&language=en_gb&ticker=zpr1-gy) - [Factsheet](https://www.ssga.com/library-content/products/factsheets/etfs/emea/factsheet-emea-en_gb-zpr1-gy.pdf) - 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.