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

**Page:** https://fundology.uk/fund/0hgy · ISIN LU1650487413

## 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, 0HGY (Amundi Euro Government Bond 1-3Y UCITS ETF Acc, ISIN LU1650487413) closed at €127.91 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 +0.8%, or −21.3% 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 0.16% 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.

Latest close: **€127.91** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0HGY |
| ISIN | LU1650487413 |
| Also listed as | LYQ2 (Xetra, euros) |
| Category | Government bonds |
| Type | ETF |
| Provider | Amundi |
| Tracks | Bloomberg Barclays Euro Treasury 50bn 1-3 Year Bond Index - EUR |
| Income | Accumulating |
| Ongoing charge | 0.16% a year (£16 per £10,000) |
| Fund size | £1.9bn |
| Launched | 2005 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 23/11/2017 |

## 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 | -4.97% | -8.33% | income reinvested |
| 3 years | +2.60% | -7.30% | income reinvested |
| 5 years | +0.81% | -21.31% | income reinvested |

Returns: as reported (delayed data). Inflation: UK 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 −1.8%, 2025 +7.3%; 2026 to 13/11/2026 −4.0%. 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: −1.9%; to 30/09/2025: +7.2%; to 30/09/2024: +1.1%; to 30/09/2023: −2.2%; to 30/09/2022: −1.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +0.3% | -8.1% | Price |
| 2023 | +1.2% | -2.8% | Price |
| 2024 | -1.8% | -5.1% | Price |
| 2025 | +7.3% | +3.6% | Price |
| 2026 to 13/11/2026 | -4.0% | -7.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 3.09% | -5.54% |
| 3 years | 4.49% | -5.54% |
| 5 years | 5.01% | -5.54% |

## Largest fall

Volatility of Amundi Euro Government Bond 1-3Y UCITS ETF Acc in pounds, annualised from weekly returns to 13/11/2026: 3.1% over 1 year, 4.5% over 3 years, 5.0% over 5 years. Largest fall in the price of Amundi Euro Government Bond 1-3Y UCITS ETF Acc since November 2021, in pounds: −5.5% from 14/11/2025 to 30/10/2026. 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 13/11/2026 the price of Amundi Euro Government Bond 1-3Y UCITS ETF Acc was 5.2% below its highest weekly close since November 2021 (14/11/2025), in pounds.

## Charges compared with similar funds

Ongoing charge of Amundi Euro Government Bond 1-3Y 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).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.16%** 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 11/11/2026, 0HGY holds 80 positions, according to its published holdings. The largest is FRANCE OAT 0.75% 25May28 at 3.64% of the fund; the ten largest make up 26.9%.

### Top holdings

Largest positions (as of 11/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | FRANCE OAT 0.75% 25May28 | — | 3.64% |
| 2 | FRENCH REPUBL OAT 2.75% 25Feb29 | — | 3.64% |
| 3 | FRENCH REPUBL OAT 0.75% 25Nov28 | — | 3.39% |
| 4 | FRENCH REPUBL OAT 0.5% 25May29 | — | 3.12% |
| 5 | FRANCE OAT 5.5% 25Apr29 | — | 2.74% |
| 6 | FRENCH REPUBL OAT 2.4% 24Sep28 | — | 2.71% |
| 7 | FRENCH REPUBL OAT 0.75% 25Feb28 | — | 2.50% |
| 8 | FRENCH REPUBL OAT 2.4% 24Sep29 | — | 1.81% |
| 9 | KINGDOM OF SP 3.5% 31May29 | — | 1.70% |
| 10 | SPAIN (KINGDO 6% 31Jan29 | — | 1.69% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By country

As published for the fund, as of 11/11/2026.

| Country | Weight |
|---|---|
| France | 23.6% |
| Germany | 22.9% |
| Italy | 22.5% |
| Spain | 16.3% |
| Belgium | 3.7% |
| Netherlands | 3.5% |
| Austria | 3.3% |
| Portugal | 1.7% |
| Other countries | 2.6% |

The 79 holdings on record (of 80 reported): https://fundology.uk/fund/0hgy/holdings

## Questions people ask

**What is the ongoing charge of 0HGY?**

The ongoing charge of 0HGY 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 1-3Y 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 0HGY track?**

0HGY tracks the Bloomberg Barclays Euro Treasury 50bn 1-3 Year Bond Index - EUR.

**Is 0HGY accumulating or distributing?**

0HGY 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 0HGY?**

The ISIN of 0HGY is LU1650487413. An ISIN identifies one exact share class of a fund; 0HGY is its ticker on the London Stock Exchange. The same share class is also listed as LYQ2 (Xetra, euros).

**What does 0HGY hold?**

As of 11/11/2026, 0HGY holds 80 positions, according to its published holdings. The largest is FRANCE OAT 0.75% 25May28 at 3.64% of the fund; the ten largest make up 26.9%. Its ten largest holdings are FRANCE OAT 0.75% 25May28 (3.64%), FRENCH REPUBL OAT 2.75% 25Feb29 (3.64%), FRENCH REPUBL OAT 0.75% 25Nov28 (3.39%), FRENCH REPUBL OAT 0.5% 25May29 (3.12%), FRANCE OAT 5.5% 25Apr29 (2.74%), FRENCH REPUBL OAT 2.4% 24Sep28 (2.71%), FRENCH REPUBL OAT 0.75% 25Feb28 (2.50%), FRENCH REPUBL OAT 2.4% 24Sep29 (1.81%), KINGDOM OF SP 3.5% 31May29 (1.70%) and SPAIN (KINGDO 6% 31Jan29 (1.69%).

**What were 0HGY’s returns in each of the last five years?**

Calendar-year returns of 0HGY in pounds (price, with income reinvested in the fund): 2022 +0.3%, 2023 +1.2%, 2024 −1.8%, 2025 +7.3%; 2026 to 13/11/2026 −4.0%. Past performance is not a guide to future returns.

**How has 0HGY done after inflation?**

Over the five years to 13/11/2026 0HGY’s total return was +0.8%, or −21.3% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at Amundi](https://www.amundietf.co.uk/en/professional/products/fixed-income/amundi-euro-government-bond-13y-ucits-etf-acc/lu1650487413)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.