# Amundi Euro Highest Rated Macro-Weighted Government Bond UCITS ETF Acc (0E46)

**Source:** https://fundology.uk/fund/0e46 · ISIN LU1287023342 · 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, 0E46 (Amundi Euro Highest Rated Macro-Weighted Government Bond UCITS ETF Acc, ISIN LU1287023342) closed at €122.14 on the London Stock Exchange. Its ongoing charge is 0.17% a year (about £17 on £10,000). Over the five years to 30/09/2026 its total return was −18.6%, or −36.3% after UK CPIH inflation.

## Summary

Amundi Euro Highest Rated Macro-Weighted Government Bond UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, launched in 2009. It tracks the FTSE Eurozone Mid Price Highest Rated Macro-Weighted Government Bond. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.17% a year — about £17 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: **€122.14** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0E46 |
| ISIN | LU1287023342 |
| Category | Government bonds |
| Type | ETF |
| Provider | Amundi |
| Tracks | FTSE Eurozone Mid Price Highest Rated Macro-Weighted Government Bond |
| Income | Accumulating |
| Ongoing charge | 0.17% a year (£17 per £10,000) |
| Fund size | £208m |
| Launched | 2009 |
| Domicile | Luxembourg |

## 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 | -5.55% | -8.51% | income reinvested |
| 3 years | +1.25% | -8.64% | income reinvested |
| 5 years | -18.56% | -36.34% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of Amundi Euro Highest Rated Macro-Weighted Government Bond UCITS ETF Acc 0.17% a year, as of 01/10/2026: 83 of the 274 other government bond funds charge more, 11 the same and 180 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.17%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 29/09/2026):

| Holding | Weight |
|---|---|
| FEDERAL REPUB BRD 2.3% 15Feb33 | 1.64% |
| FEDERAL REPUB BRD 2.5% 15Feb35 | 1.40% |
| FEDERAL REPUB BRD 2.9% 15Feb36 | 1.37% |
| FEDERAL REPUB BOBL 1.3% 15Oct27 | 1.34% |
| FEDERAL REPUB BRD % 15Aug30 | 1.31% |
| FEDERAL REPUB BOBL 2.5% 16Apr31 | 1.18% |
| FEDERAL REPUB BRD 2.6% 15Aug34 | 1.10% |
| FEDERAL REPUB BRD 1.8% 15Aug53 | 1.09% |
| FEDERAL REPUB BRD 2.2% 15Feb34 | 1.09% |
| FEDERAL REPUB BOBL 2.1% 12Apr29 | 1.08% |

## 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 country

As published by Amundi, as of 29/09/2026.

| Country | Weight |
|---|---|
| Germany | 50.5% |
| France | 27.4% |
| Netherlands | 13.9% |
| Austria | 5.3% |
| Finland | 2.9% |

All 194 holdings: https://fundology.uk/fund/0e46/holdings

---

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.