# Amundi Euro Government Green Bond -Acc- Capitalisation (EART)

**Page:** https://fundology.uk/fund/eart · ISIN LU2356220926

## 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, EART (Amundi Euro Government Green Bond -Acc- Capitalisation, ISIN LU2356220926) closed at £5.94 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 13/11/2026 its price changed by −32.1%, or −47.0% after UK CPIH inflation.

## Summary

Multi Units Luxembourg SICAV - Amundi Euro Government Green Bond -Acc- Capitalisation is an exchange-traded fund (ETF) from Amundi, launched in 2021. It tracks the Solactive Euro Government Green 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 0.2% a year — about £20 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: **£5.94** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | EART |
| ISIN | LU2356220926 |
| Also listed as | EAH (Xetra, euros) |
| Category | Government bonds |
| Type | ETF |
| Provider | Amundi |
| Tracks | Solactive Euro Government Green Bond Index - EUR - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £269m |
| Launched | 2021 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 25/06/2021 |

## 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 | -10.19% | -13.37% | income reinvested |
| 3 years | -2.72% | -12.11% | income reinvested |
| 5 years | -32.15% | -47.04% | price only |

Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Multi Units Luxembourg SICAV - Amundi Euro Government Green Bond -Acc- Capitalisation in pounds (price, with income reinvested in the fund): 2022 −26.5%, 2023 +6.7%, 2024 −5.9%, 2025 +3.0%; 2026 to 13/11/2026 −7.5%. Returns of Multi Units Luxembourg SICAV - Amundi Euro Government Green Bond -Acc- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −7.6%; to 30/09/2025: +2.0%; to 30/09/2024: +7.4%; to 30/09/2023: −7.2%; to 30/09/2022: −26.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -26.5% | -32.7% | Price |
| 2023 | +6.7% | +2.4% | Price |
| 2024 | -5.9% | -9.1% | Price |
| 2025 | +3.0% | -0.6% | Price |
| 2026 to 13/11/2026 | -7.5% | -10.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 8.18% | -11.72% |
| 3 years | 8.11% | -11.72% |
| 5 years | 10.54% | -34.34% |

## Largest fall

Volatility of Multi Units Luxembourg SICAV - Amundi Euro Government Green Bond -Acc- Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 8.2% over 1 year, 8.1% over 3 years, 10.5% over 5 years. Largest fall in the price of Multi Units Luxembourg SICAV - Amundi Euro Government Green Bond -Acc- Capitalisation since November 2021, in pounds: −34.3% from 03/12/2021 to 06/10/2023. The lowest 12-month return of Multi Units Luxembourg SICAV - Amundi Euro Government Green Bond -Acc- Capitalisation in pounds (price, with income reinvested in the fund) since July 2021 was −29.0% (12 months to 14/10/2022); the highest was +8.8% (12 months to 04/10/2024). On 13/11/2026 the price of Multi Units Luxembourg SICAV - Amundi Euro Government Green Bond -Acc- Capitalisation was 33.3% below its highest weekly close since November 2021 (03/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of Multi Units Luxembourg SICAV - Amundi Euro Government Green Bond -Acc- Capitalisation 0.20% a year. Compared on 14/11/2026, 62 of the 311 other government bond funds charge more, 30 the same and 219 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** 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, EART holds 29 positions, according to its published holdings. The largest is FRANCE OAT 1.75% 25Jun39 at 8.98% of the fund; the ten largest make up 50.6%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | FRANCE OAT 1.75% 25Jun39 | — | 8.98% |
| 2 | REPUBLIC OF I BTPS 4% 30Apr35 | — | 4.99% |
| 3 | FRENCH REPUBL OAT 0.5% 25Jun44 | — | 4.92% |
| 4 | FEDERAL REPUB BRD 2.3% 15Feb33 | — | 4.78% |
| 5 | REPUBLIC OF I BTPS 4.05% 30Oct37 | — | 4.72% |
| 6 | FRENCH REPUBL OAT 3.8% 25Jun37 | — | 4.58% |
| 7 | REPUBLIC OF I BTPS 4% 30Oct31 | — | 4.57% |
| 8 | GOVERNMENT OF 3.25% 15Jan44 | — | 4.56% |
| 9 | FRENCH REPUBL OAT 3% 25Jun49 | — | 4.40% |
| 10 | KINGDOM OF SP 1% 30Jul42 | — | 4.08% |

## 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 |
|---|---|
| Germany | 24.2% |
| Italy | 23.1% |
| France | 22.9% |
| Netherlands | 8.3% |
| Belgium | 6.6% |
| Spain | 5.5% |
| Austria | 5.0% |
| Ireland | 4.4% |

The 28 holdings on record (of 29 reported): https://fundology.uk/fund/eart/holdings

## Questions people ask

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

The ongoing charge of EART is 0.20% a year — about £20 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 Multi Units Luxembourg SICAV - Amundi Euro Government Green Bond -Acc- Capitalisation 0.20% a year. Compared on 14/11/2026, 62 of the 311 other government bond funds charge more, 30 the same and 219 less (share classes counted once).

**What does EART track?**

EART tracks the Solactive Euro Government Green Bond Index - EUR - Benchmark TR Net.

**Is EART accumulating or distributing?**

EART 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 EART?**

The ISIN of EART is LU2356220926. An ISIN identifies one exact share class of a fund; EART is its ticker on the London Stock Exchange. The same share class is also listed as EAH (Xetra, euros).

**What does EART hold?**

As of 11/11/2026, EART holds 29 positions, according to its published holdings. The largest is FRANCE OAT 1.75% 25Jun39 at 8.98% of the fund; the ten largest make up 50.6%. Its ten largest holdings are FRANCE OAT 1.75% 25Jun39 (8.98%), REPUBLIC OF I BTPS 4% 30Apr35 (4.99%), FRENCH REPUBL OAT 0.5% 25Jun44 (4.92%), FEDERAL REPUB BRD 2.3% 15Feb33 (4.78%), REPUBLIC OF I BTPS 4.05% 30Oct37 (4.72%), FRENCH REPUBL OAT 3.8% 25Jun37 (4.58%), REPUBLIC OF I BTPS 4% 30Oct31 (4.57%), GOVERNMENT OF 3.25% 15Jan44 (4.56%), FRENCH REPUBL OAT 3% 25Jun49 (4.40%) and KINGDOM OF SP 1% 30Jul42 (4.08%).

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

Calendar-year returns of EART in pounds (price, with income reinvested in the fund): 2022 −26.5%, 2023 +6.7%, 2024 −5.9%, 2025 +3.0%; 2026 to 13/11/2026 −7.5%. Past performance is not a guide to future returns.

**How has EART done after inflation?**

Over the five years to 13/11/2026 EART’s price changed by −32.1%, or −47.0% 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-green-bond-ucits-etf-acc/lu2356220926)
- 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.