# First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD (FGRD) **Page:** https://fundology.uk/fund/fgrd · ISIN IE000J80JTL1 ## 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, FGRD (First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD, ISIN IE000J80JTL1) closed at £41.93 on the London Stock Exchange. Its ongoing charge is 0.70% a year (about £70 on £10,000). Over the three years to 13/11/2026 its price changed by +67.7%, or +51.5% after UK CPIH inflation. ## Summary First Trust Global Funds ICAV - First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD is an exchange-traded fund (ETF) from First Trust, launched in 2022. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.7% a year — about £70 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: **£41.93** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FGRD | | ISIN | IE000J80JTL1 | | Also listed as | GRDU (London Stock Exchange, US dollars) | | Category | Property & infrastructure | | Type | ETF | | Provider | First Trust | | Income | Accumulating | | Ongoing charge | 0.70% a year (£70 per £10,000) | | Fund size | £1.9bn | | Launched | 2022 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 21/04/2022 | ## 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 | +4.07% | +0.39% | income reinvested | | 3 years | +67.70% | +51.51% | 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 First Trust Global Funds ICAV - First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD in pounds (price, with income reinvested in the fund): 2023 +15.4%, 2024 +18.4%, 2025 +20.1%; 2026 to 13/11/2026 +5.2%. Returns of First Trust Global Funds ICAV - First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +20.1%; to 30/09/2025: +19.6%; to 30/09/2024: +24.9%; to 30/09/2023: +13.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | +15.4% | +10.8% | Price | | 2024 | +18.4% | +14.3% | Price | | 2025 | +20.1% | +16.0% | Price | | 2026 to 13/11/2026 | +5.2% | +1.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 21.39% | -21.08% | | 3 years | 18.26% | -21.08% | ## Largest fall Volatility of First Trust Global Funds ICAV - First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD in pounds, annualised from weekly returns to 13/11/2026: 21.4% over 1 year, 18.3% over 3 years. Largest fall in the price of First Trust Global Funds ICAV - First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD since April 2022, in pounds: −21.1% from 19/06/2026 to 06/11/2026. The lowest 12-month return of First Trust Global Funds ICAV - First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD in pounds (price, with income reinvested in the fund) since April 2022 was −7.9% (12 months to 04/04/2025); the highest was +61.0% (12 months to 17/04/2026). On 13/11/2026 the price of First Trust Global Funds ICAV - First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD was 17.7% below its highest weekly close since April 2022 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of First Trust Global Funds ICAV - First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD 0.70% a year. Compared on 14/11/2026, 2 of the 45 other property and infrastructure funds charge more, 1 the same and 42 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.70%** per year - 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. ## Questions people ask **What is the ongoing charge of FGRD?** The ongoing charge of FGRD is 0.70% a year — about £70 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 First Trust Global Funds ICAV - First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF Accum A USD 0.70% a year. Compared on 14/11/2026, 2 of the 45 other property and infrastructure funds charge more, 1 the same and 42 less (share classes counted once). **Is FGRD accumulating or distributing?** FGRD 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 FGRD?** The ISIN of FGRD is IE000J80JTL1. An ISIN identifies one exact share class of a fund; FGRD is its ticker on the London Stock Exchange. The same share class is also listed as GRDU (London Stock Exchange, US dollars). **What were FGRD’s returns in each of the last five years?** Calendar-year returns of FGRD in pounds (price, with income reinvested in the fund): 2023 +15.4%, 2024 +18.4%, 2025 +20.1%; 2026 to 13/11/2026 +5.2%. Past performance is not a guide to future returns. **How has FGRD done after inflation?** Over the three years to 13/11/2026 FGRD’s price changed by +67.7%, or +51.5% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.