# Amundi Euro Government Bond 1-3Y UCITS ETF Acc (0HGY)

**Source:** https://fundology.uk/fund/0hgy · ISIN LU1650487413 · 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, 0HGY (Amundi Euro Government Bond 1-3Y UCITS ETF Acc, ISIN LU1650487413) closed at €127.30 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 +1.9%, or −20.4% after UK CPIH inflation.

## Summary

Amundi Euro Government Bond 1-3Y UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, launched in 2005. It tracks the Bloomberg Barclays Euro Treasury 50bn 1-3 Year Bond Index - EUR. 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: **€127.30** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0HGY |
| ISIN | LU1650487413 |
| Category | Government bonds |
| Type | ETF |
| Provider | Amundi |
| Tracks | Bloomberg Barclays Euro Treasury 50bn 1-3 Year Bond Index - EUR |
| Income | Accumulating |
| Ongoing charge | 0.17% a year (£17 per £10,000) |
| Fund size | £1.4bn |
| Launched | 2005 |
| 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 | -2.08% | -5.16% | income reinvested |
| 3 years | +6.02% | -4.33% | income reinvested |
| 5 years | +1.86% | -20.37% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Amundi Euro Government Bond 1-3Y UCITS ETF Acc in pounds (price, with income reinvested in the fund): 2022 +0.3%, 2023 +1.2%, 2024 −1.6%, 2025 +7.2%; 2026 to 30/09/2026 −2.2%. Returns of Amundi Euro Government Bond 1-3Y UCITS ETF Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −2.0%; to 30/09/2025: +7.2%; to 30/09/2024: +1.1%; to 30/09/2023: −2.2%; to 30/09/2022: −1.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +0.3% | -8.1% | Price |
| 2023 | +1.2% | -2.8% | Price |
| 2024 | -1.6% | -5.0% | Price |
| 2025 | +7.2% | +3.5% | Price |
| 2026 to 30/09/2026 | -2.2% | -5.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 3.08% | -3.54% |
| 3 years | 4.46% | -3.54% |
| 5 years | 5.05% | -5.40% |

## Largest fall

Volatility of Amundi Euro Government Bond 1-3Y UCITS ETF Acc in pounds, annualised from weekly returns to 30/09/2026: 3.1% over 1 year, 4.5% over 3 years, 5.1% over 5 years. Largest fall in the price of Amundi Euro Government Bond 1-3Y UCITS ETF Acc since October 2021, in pounds: −5.4% from 01/10/2021 to 07/07/2023. The lowest 12-month return of Amundi Euro Government Bond 1-3Y UCITS ETF Acc in pounds (price, with income reinvested in the fund) since January 2021 was −8.3% (12 months to 07/01/2022); the highest was +9.4% (12 months to 20/02/2026). On 30/09/2026 the price of Amundi Euro Government Bond 1-3Y UCITS ETF Acc was 3.5% below its highest weekly close since October 2021 (14/11/2025), in pounds.

## Charges compared with similar funds

Ongoing charge of Amundi Euro Government Bond 1-3Y 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 |
|---|---|
| FRANCE OAT 0.75% 25May28 | 3.51% |
| FRENCH REPUBL OAT 2.75% 25Feb29 | 3.44% |
| FRANCE OAT 2.75% 25Oct27 | 3.39% |
| FRENCH REPUBL OAT 0.75% 25Nov28 | 3.20% |
| FRENCH REPUBL OAT 0.5% 25May29 | 2.95% |
| FRENCH REPUBL OAT 0.75% 25Feb28 | 2.70% |
| FRANCE OAT 5.5% 25Apr29 | 2.59% |
| FRENCH REPUBL OAT 2.4% 24Sep28 | 2.56% |
| FEDERAL REPUB BOBL 1.3% 15Oct27 | 2.19% |
| FRENCH REPUBL OAT 2.5% 24Sep27 | 2.18% |

## 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 |
|---|---|
| France | 26.6% |
| Germany | 22.7% |
| Italy | 21.6% |
| Spain | 15.1% |
| Belgium | 3.6% |
| Netherlands | 3.3% |
| Austria | 2.6% |
| Portugal | 2.0% |
| Other countries | 2.5% |

All 79 holdings: https://fundology.uk/fund/0hgy/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.
