ETF · Amundi
0HE5 Amundi Euro Government Bond 15+Y UCITS ETF Acc
ISIN LU1287023268London Stock Exchange: 0HE5SAS Rue la Boétie
- Government bonds
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE€165.41
on
- Ongoing charge
- 0.16% a year
- Fund size
- £287m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, 0HE5 (Amundi Euro Government Bond 15+Y UCITS ETF Acc, ISIN LU1287023268) closed at €165.41 on the London Stock Exchange. Its ongoing charge is 0.16% a year (about £16 on £10,000). Over the five years to 13/11/2026 its total return was −40.2%, or −53.3% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −11.8%
- −15.0% after inflation (UK CPIH)
- 3 years to 13/11/2026
- −5.7%
- −14.8% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −40.2%
- −53.3% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £598 on 13/11/2026 — about £467 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Amundi Euro Government Bond 15+Y UCITS ETF Acc in pounds (price, with income reinvested in the fund): 2025 −1.7%; 2026 to 13/11/2026 −8.8%. Returns of Amundi Euro Government Bond 15+Y UCITS ETF Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −9.6%; to 30/09/2025: −2.1%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −8.8% | −11.7% | |
| to | −1.7% | −5.0% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −9.6% | −12.8% |
| from | −2.1% | −5.9% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
12.7%over 3 years
| 1 year | 8.1% |
|---|---|
| 3 years | 12.7% |
Annualised from weekly returns. Higher means bumpier.
- Lowest 12-month return
- −12.5%
- 12 months to
- Highest 12-month return
- +4.9%
- 12 months to
In words: Volatility of Amundi Euro Government Bond 15+Y UCITS ETF Acc in pounds, annualised from weekly returns to 13/11/2026: 8.1% over 1 year, 12.7% over 3 years. The lowest 12-month return of Amundi Euro Government Bond 15+Y UCITS ETF Acc in pounds (price, with income reinvested in the fund) since May 2024 was −12.5% (12 months to 30/10/2026); the highest was +4.9% (12 months to 13/03/2026).
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.16%
- a year
- On £10,000
- £16
- a year, roughly
- Over five years
- £80
- of £10,000, before growth
- 195 charge less
- 10 the same
- 106 charge more
Ongoing charge of Amundi Euro Government Bond 15+Y UCITS ETF Acc 0.16% a year. Compared on 14/11/2026, 106 of the 311 other government bond funds charge more, 10 the same and 195 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Amundi Euro Government Bond 15+Y UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, launched in 2007.
It tracks the Bloomberg Euro Treasury 50bn 15+ Year Bond Index - EUR - Benchmark TR Net.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.16% a year — about £16 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.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- 0HE5
- ISIN
- LU1287023268
- Provider
- Amundi
- Tracks
- Bloomberg Euro Treasury 50bn 15+ Year Bond Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.16% a year · about £16 on £10,000
- Fund size
- £287m
- Launched
- Domicile
- Luxembourg
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- EUR
- Category
- Government bonds
Price chart
Over the last year, the closing price went from €177.37 on 14/11/2025 to €165.41 on 13/11/2026 (−6.7%). The lowest close shown was €162.56 on 09/10/2026 and the highest €180.56 on 27/02/2026.
One close a week. Before 04/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
147 weekly closes, from 07/01/2022 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 103
- 104 reported in all
- Ten largest
- 21.9%
- of the whole fund
- Effective number of holdings
- 74
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 2.7%
- FEDERAL REPUB BRD 2.9% 15Aug56
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | FEDERAL REPUB BRD 2.9% 15Aug56GovernmentGermany | 2.69% |
| 2 | GERMANY BRD 2.5% 15Aug46GovernmentGermany | 2.63% |
| 3 | GERMANY BRD 2.5% 04Jul44GovernmentGermany | 2.49% |
| 4 | GERMANY BRD 1.25% 15Aug48GovernmentGermany | 2.34% |
| 5 | FEDERAL REPUB BRD 1.8% 15Aug53 (DE0001102614)GovernmentGermany | 2.10% |
| 6 | FRANCE OAT 3.25% 25May45GovernmentFrance | 2.10% |
| 7 | FEDERAL REPUB BRD 2.5% 15Aug54GovernmentGermany | 2.02% |
| 8 | FRENCH REPUBL OAT 3.6% 25May42GovernmentFrance | 1.88% |
| 9 | GERMANY BRD 3.25% 04Jul42GovernmentGermany | 1.87% |
| 10 | NETHERLANDS 3.75% 15Jan42GovernmentNetherlands | 1.78% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By country
- France24.0%
- Germany21.6%
- Italy16.4%
- Spain13.2%
- Netherlands7.8%
- Belgium6.3%
- Austria4.7%
- Portugal2.1%
- Other countries4.0%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 104 holdings; the ten largest make up 21.9% of it. The fund's portfolio is also split by currency, maturity and credit quality.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 63 rolling 12-month returns since May 2024, in pounds, with how often they were above zero.
With a free account
Create a free account to see the risk ratios and every rolling return
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of 0HE5?
The ongoing charge of 0HE5 is 0.16% a year — about £16 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 Amundi Euro Government Bond 15+Y UCITS ETF Acc 0.16% a year. Compared on 14/11/2026, 106 of the 311 other government bond funds charge more, 10 the same and 195 less (share classes counted once).
What does 0HE5 track?
0HE5 tracks the Bloomberg Euro Treasury 50bn 15+ Year Bond Index - EUR - Benchmark TR Net.
Is 0HE5 accumulating or distributing?
0HE5 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 0HE5?
The ISIN of 0HE5 is LU1287023268. An ISIN identifies one exact share class of a fund; 0HE5 is its ticker on the London Stock Exchange.
What does 0HE5 hold?
As of 11/11/2026, 0HE5 holds 104 positions, according to its published holdings. The largest is FEDERAL REPUB BRD 2.9% 15Aug56 at 2.69% of the fund; the ten largest make up 21.9%. Its ten largest holdings are FEDERAL REPUB BRD 2.9% 15Aug56 (2.69%), GERMANY BRD 2.5% 15Aug46 (2.63%), GERMANY BRD 2.5% 04Jul44 (2.49%), GERMANY BRD 1.25% 15Aug48 (2.34%), FEDERAL REPUB BRD 1.8% 15Aug53 (DE0001102614) (2.10%), FRANCE OAT 3.25% 25May45 (2.10%), FEDERAL REPUB BRD 2.5% 15Aug54 (2.02%), FRENCH REPUBL OAT 3.6% 25May42 (1.88%), GERMANY BRD 3.25% 04Jul42 (1.87%) and NETHERLANDS 3.75% 15Jan42 (1.78%).
What were 0HE5’s returns in each of the last five years?
Calendar-year returns of 0HE5 in pounds (price, with income reinvested in the fund): 2025 −1.7%; 2026 to 13/11/2026 −8.8%. Past performance is not a guide to future returns.
How has 0HE5 done after inflation?
Over the five years to 13/11/2026 0HE5’s total return was −40.2%, or −53.3% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at Amundi (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.