ETF · Fidelity
FGGG Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP
ISIN IE000QVCP9S5London Stock Exchange: FGGGFMR LLC
- Government bonds
- ETF
- ISA
- SIPP
- Accumulating
- GBP hedged
Latest close
LSE£5.48
on
- Ongoing charge
- 0.25% a year
- Fund size
- £525m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, FGGG (Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP, ISIN IE000QVCP9S5) closed at £5.48 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the three years to 13/11/2026 its total return was +3.5%, or −6.5% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −0.4%
- −3.9% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +3.5%
- −6.5% after inflation (UK CPIH)
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Fidelity Ucits II ICAV - Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP in pounds (price, with income reinvested in the fund): 2024 +2.4%, 2025 +3.7%; 2026 to 13/11/2026 −0.5%. Returns of Fidelity Ucits II ICAV - Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −0.9%; to 30/09/2025: +2.3%; to 30/09/2024: +9.0%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −0.5% | −3.7% | |
| to | +3.7% | +0.2% | |
| to | +2.4% | −1.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −0.9% | −4.4% |
| from | +2.3% | −1.7% |
| from | +9.0% | +6.2% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
3.9%over 3 years
| 1 year | 4.3% |
|---|---|
| 3 years | 3.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since August 2023
- −3.2%
- From to
- Lowest 12-month return
- −1.0%
- 12 months to
- Highest 12-month return
- +9.5%
- 12 months to
- Below its highest weekly close since August 2023
- 2.4%
- High of , latest
In words: Volatility of Fidelity Ucits II ICAV - Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP in pounds, annualised from weekly returns to 13/11/2026: 4.3% over 1 year, 3.9% over 3 years. Largest fall in the price of Fidelity Ucits II ICAV - Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP since August 2023, in pounds: −3.2% from 27/02/2026 to 02/10/2026. The lowest 12-month return of Fidelity Ucits II ICAV - Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP in pounds (price, with income reinvested in the fund) since August 2023 was −1.0% (12 months to 23/10/2026); the highest was +9.5% (12 months to 18/10/2024). On 13/11/2026 the price of Fidelity Ucits II ICAV - Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP was 2.4% below its highest weekly close since August 2023 (27/02/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.25%
- a year
- On £10,000
- £25
- a year, roughly
- Over five years
- £124
- of £10,000, before growth
- 265 charge less
- 16 the same
- 30 charge more
Ongoing charge of Fidelity Ucits II ICAV - Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP 0.25% a year. Compared on 14/11/2026, 30 of the 311 other government bond funds charge more, 16 the same and 265 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Fidelity Ucits II ICAV - Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP is an exchange-traded fund (ETF) from Fidelity, launched in 2023.
It tracks the Solactive Paris Aware Global Government USD Index - Benchmark TR Gross.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.25% a year — about £25 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.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Terms:ETFIndex fundAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- FGGG
- ISIN
- IE000QVCP9S5
- Provider
- Fidelity
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.25% a year · about £25 on £10,000
- Fund size
- £525m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Over the last year, the closing price went from £5.51 on 14/11/2025 to £5.48 on 13/11/2026 (−0.6%). The lowest close shown was £5.44 on 02/10/2026 and the highest £5.62 on 27/02/2026.
One close a week. Before 05/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
165 weekly closes, from 04/08/2023 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Funds tracking the same index
2 funds track Solactive Paris Aware Global Government USD Index - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.25% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years |
|---|---|---|---|
| Fidelity Global Government Bond Climate Aware Ucits ETFDistributing · 0.20% a year | 0.20% | −4.5% | +0.1% |
| Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBPThis fundAccumulating · Currency hedged · 0.25% a year | 0.25% | −0.4% | +3.5% |
As of
Solactive Paris Aware Global Government USD funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 113 rolling 12-month returns since August 2023, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since August 2023, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (148 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of FGGG?
The ongoing charge of FGGG is 0.25% a year — about £25 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 Fidelity Ucits II ICAV - Fidelity Global Government Bond Climate Aware Ucits ETF AccumHedged GBP 0.25% a year. Compared on 14/11/2026, 30 of the 311 other government bond funds charge more, 16 the same and 265 less (share classes counted once).
What does FGGG track?
FGGG tracks the Solactive Paris Aware Global Government USD Index - Benchmark TR Gross.
Is FGGG accumulating or distributing?
FGGG 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 FGGG?
The ISIN of FGGG is IE000QVCP9S5. An ISIN identifies one exact share class of a fund; FGGG is its ticker on the London Stock Exchange.
What were FGGG’s returns in each of the last five years?
Calendar-year returns of FGGG in pounds (price, with income reinvested in the fund): 2024 +2.4%, 2025 +3.7%; 2026 to 13/11/2026 −0.5%. Past performance is not a guide to future returns.
How has FGGG done after inflation?
Over the three years to 13/11/2026 FGGG’s total return was +3.5%, or −6.5% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.