# iShares Global AAA-AA Govt Bond UCITS ETF (GAAA)

**Source:** https://fundology.uk/fund/gaaa · ISIN IE00BZ171348 · 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, GAAA (iShares Global AAA-AA Govt Bond UCITS ETF, ISIN IE00BZ171348) closed at $4.64 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 30/09/2026 its total return was −14.0%, or −32.8% after UK CPIH inflation.

## Summary

iShares Global AAA-AA Govt Bond UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the Bloomberg Global Government AAA-AA Capped Bond Index - USD - 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: **$4.64** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | GAAA |
| ISIN | IE00BZ171348 |
| Category | Government bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Bloomberg Global Government AAA-AA Capped Bond Index - USD - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £20.8m |
| Launched | 2018 |
| 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 | -2.56% | -5.62% | income reinvested |
| 3 years | +3.02% | -7.04% | income reinvested |
| 5 years | -14.01% | -32.78% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of iShares Global AAA-AA Govt Bond UCITS ETF 0.20% a year, as of 01/10/2026: 54 of the 274 other government bond funds charge more, 24 the same and 196 less (share classes counted once).

## Funds tracking the same index

2 funds track Bloomberg Global Government AAA-AA Capped Bond Index - USD - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.20% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares Global AAA-AA Govt Bond UCITS ETF | 0.20% | -2.3% | +3.0% | -13.1% |
| iShares Global AAA-AA Govt Bond UCITS ETF (this fund) | 0.20% | -2.6% | +3.0% | -14.0% |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** 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.