# iShares China CNY Bond UCITS ETF USD (CNYB)

**Source:** https://fundology.uk/fund/cnyb · ISIN IE00BYPC1H27 · 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, CNYB (iShares China CNY Bond UCITS ETF USD, ISIN IE00BYPC1H27) closed at £4.33 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 30/09/2026 its total return was +19.8%, or −6.4% after UK CPIH inflation.

## Summary

iShares China CNY Bond UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2019. It tracks the Bloomberg China Treasury + Policy Bank. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.35% a year — about £35 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: **£4.33** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CNYB |
| ISIN | IE00BYPC1H27 |
| Category | Government bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Bloomberg China Treasury + Policy Bank |
| Income | Distributing |
| Ongoing charge | 0.35% a year (£35 per £10,000) |
| Fund size | £375m |
| Launched | 2019 |
| Domicile | Ireland |

## 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 | +11.20% | +7.71% | income reinvested |
| 3 years | +13.14% | +2.09% | income reinvested |
| 5 years | +19.77% | -6.37% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares China CNY Bond UCITS ETF USD in pounds (price only, income paid out not included): 2022 +3.3%, 2023 −6.6%, 2024 +4.1%, 2025 −4.6%; 2026 to 30/09/2026 +8.3%. Returns of iShares China CNY Bond UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +8.9%; to 30/09/2025: −1.5%; to 30/09/2024: −1.4%; to 30/09/2023: −10.3%; to 30/09/2022: +13.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +3.3% | -5.4% | Price |
| 2023 | -6.6% | -10.3% | Price |
| 2024 | +4.1% | +0.6% | Price |
| 2025 | -4.6% | -7.9% | Price |
| 2026 to 30/09/2026 | +8.3% | +5.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.50% | -3.26% |
| 3 years | 6.06% | -9.81% |
| 5 years | 7.28% | -16.78% |

## Largest fall

Volatility of iShares China CNY Bond UCITS ETF USD in pounds, annualised from weekly returns to 30/09/2026: 5.5% over 1 year, 6.1% over 3 years, 7.3% over 5 years. Largest fall in the price of iShares China CNY Bond UCITS ETF USD since October 2021, in pounds: −16.8% from 23/09/2022 to 14/07/2023. The lowest 12-month return of iShares China CNY Bond UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −13.4% (12 months to 14/07/2023); the highest was +15.5% (12 months to 23/09/2022). On 30/09/2026 the price of iShares China CNY Bond UCITS ETF USD was 7.1% below its highest weekly close since October 2021 (23/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares China CNY Bond UCITS ETF USD 0.35% a year, as of 01/10/2026: 22 of the 274 other government bond funds charge more, 0 the same and 252 less (share classes counted once).

## Funds tracking the same index

5 funds track Bloomberg China Treasury + Policy Bank, this one included and share classes counted once; their ongoing charges range from 0.35% to 0.82% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| China Government Local Bond UCITS ETF Accum-ETFC- USD | 0.60% | +10.9% | +3.3% | — |
| China Government Local Bond UCITS ETF Accum-ETFCH- USD | 0.82% | +7.0% | -1.6% | — |
| China Government Local Bond UCITS ETF Accum-ETFSHGBP- GBP | 0.82% | +6.5% | +7.5% | — |
| iShares China CNY Bond UCITS ETF Hedged GBP | 0.40% | +5.4% | +21.6% | +6.9% |
| iShares China CNY Bond UCITS ETF USD (this fund) | 0.35% | +11.2% | +13.1% | +19.8% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.35%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.