# Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D (CGB)

**Page:** https://fundology.uk/fund/cgb · ISIN LU1094612022

## 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, CGB (Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D, ISIN LU1094612022) closed at $23.29 on the London Stock Exchange. Its ongoing charge is 0.21% a year (about £21 on £10,000). Over the five years to 13/11/2026 its total return was +14.3%, or −10.8% after UK CPIH inflation.

## Summary

Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D is an exchange-traded fund (ETF) from Xtrackers, launched in 2015. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.21% a year — about £21 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **$23.29** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CGB |
| ISIN | LU1094612022 |
| Category | Government bonds |
| Type | ETF |
| Provider | Xtrackers |
| Income | Distributing |
| Ongoing charge | 0.21% a year (£21 per £10,000) |
| Fund size | £19.3m |
| Launched | 2015 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 08/07/2015 |

## 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 | +9.15% | +5.28% | income reinvested |
| 3 years | +11.90% | +1.10% | income reinvested |
| 5 years | +14.32% | -10.77% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D in pounds (price only, income paid out not included): 2022 +1.0%, 2023 −7.4%, 2024 +3.6%, 2025 −4.9%; 2026 to 13/11/2026 +7.2%. Returns of Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +8.3%; to 30/09/2025: −2.0%; to 30/09/2024: −2.2%; to 30/09/2023: −12.1%; to 30/09/2022: +9.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +1.0% | -7.5% | Price |
| 2023 | -7.4% | -11.1% | Price |
| 2024 | +3.6% | +0.1% | Price |
| 2025 | -4.9% | -8.2% | Price |
| 2026 to 13/11/2026 | +7.2% | +3.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.95% | -2.92% |
| 3 years | 6.23% | -9.98% |
| 5 years | 7.34% | -17.17% |

## Largest fall

Volatility of Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D in pounds, annualised from weekly returns to 13/11/2026: 5.9% over 1 year, 6.2% over 3 years, 7.3% over 5 years. Largest fall in the price of Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D since November 2021, in pounds: −17.2% from 23/09/2022 to 27/06/2025. The lowest 12-month return of Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D in pounds (price only, income paid out not included) since January 2021 was −14.6% (12 months to 14/07/2023); the highest was +12.9% (12 months to 15/07/2022). On 13/11/2026 the price of Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D was 7.6% below its highest weekly close since November 2021 (23/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D 0.21% a year. Compared on 14/11/2026, 60 of the 311 other government bond funds charge more, 1 the same and 250 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.21%** 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 15/11/2026, CGB holds 44 positions, according to its published holdings. The largest is Export-Import Bank of China at 8.85% of the fund; the ten largest make up 59.8%.

### Top holdings

Largest positions (as of 15/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Export-Import Bank of China | — | 8.85% |
| 2 | Yuan Renminbi Offshore | — | 8.81% |
| 3 | Agricultural Development Bank of C | — | 8.39% |
| 4 | China Development Bank | — | 7.17% |
| 5 | China Peoples Republic of (Governm (CND1000BJ6Z1) | — | 7.05% |
| 6 | China Peoples Republic of (Governm (CND10009X0X2) | — | 4.78% |
| 7 | China Peoples Republic of (Governm (CND1000BJ709) | — | 4.13% |
| 8 | China Peoples Republic of (Governm (CND10009JF77) | — | 3.56% |
| 9 | China Peoples Republic of (Governm (CND1000BGMP3) | — | 3.55% |
| 10 | China Peoples Republic of (Governm (CND1000BFS91) | — | 3.54% |

## Where it invests

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

### By type of asset

Added up from the fund’s published holdings, as of 15/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 62.6% |
| Equity | 29.2% |
| Cash and money market | 8.2% |

All 44 holdings: https://fundology.uk/fund/cgb/holdings

## Questions people ask

**What is the ongoing charge of CGB?**

The ongoing charge of CGB is 0.21% a year — about £21 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 Xtrackers II HARVEST CSI CHINA SOVEREIGN BOND UCITS ETF (DR) Distribution 1D 0.21% a year. Compared on 14/11/2026, 60 of the 311 other government bond funds charge more, 1 the same and 250 less (share classes counted once).

**Is CGB accumulating or distributing?**

CGB is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of CGB?**

The ISIN of CGB is LU1094612022. An ISIN identifies one exact share class of a fund; CGB is its ticker on the London Stock Exchange.

**What does CGB hold?**

As of 15/11/2026, CGB holds 44 positions, according to its published holdings. The largest is Export-Import Bank of China at 8.85% of the fund; the ten largest make up 59.8%. Its ten largest holdings are Export-Import Bank of China (8.85%), Yuan Renminbi Offshore (8.81%), Agricultural Development Bank of C (8.39%), China Development Bank (7.17%), China Peoples Republic of (Governm (CND1000BJ6Z1) (7.05%), China Peoples Republic of (Governm (CND10009X0X2) (4.78%), China Peoples Republic of (Governm (CND1000BJ709) (4.13%), China Peoples Republic of (Governm (CND10009JF77) (3.56%), China Peoples Republic of (Governm (CND1000BGMP3) (3.55%) and China Peoples Republic of (Governm (CND1000BFS91) (3.54%).

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

Calendar-year returns of CGB in pounds (price only, income paid out not included): 2022 +1.0%, 2023 −7.4%, 2024 +3.6%, 2025 −4.9%; 2026 to 13/11/2026 +7.2%. Past performance is not a guide to future returns.

**How has CGB done after inflation?**

Over the five years to 13/11/2026 CGB’s total return was +14.3%, or −10.8% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/LU1094612022-harvest-china-government-bond-ucits-etf-1d/)
- 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.