ETF · Invesco
GBEG Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP
ISIN IE000P2WSBY0London Stock Exchange: GBEGInvesco Ltd.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
- GBP hedged
Latest close
LSE£4.92
on
- Ongoing charge
- 0.29% a year
- Fund size
- £257m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, GBEG (Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP, ISIN IE000P2WSBY0) closed at £4.92 on the London Stock Exchange. Its ongoing charge is 0.29% a year (about £29 on £10,000). Over the year to 13/11/2026 its total return was −1.0%, or −4.5% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −1.0%
- −4.5% 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 Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP in pounds (price only, income paid out not included): 2025 +1.2%; 2026 to 13/11/2026 −4.4%. Returns of Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −6.2%; to 30/09/2025: −1.0%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −4.4% | −7.5% | |
| to | +1.2% | −2.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −6.2% | −9.5% |
| from | −1.0% | −4.9% |
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)
5.0%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since April 2024
- −7.6%
- From to
- Lowest 12-month return
- −6.0%
- 12 months to
- Highest 12-month return
- +2.9%
- 12 months to
- Below its highest weekly close since April 2024
- 6.6%
- High of , latest
In words: Volatility of Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP in pounds, annualised from weekly returns to 13/11/2026: 5.0% over 1 year. Largest fall in the price of Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP since April 2024, in pounds: −7.6% from 06/09/2024 to 02/10/2026. The lowest 12-month return of Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP in pounds (price only, income paid out not included) since April 2024 was −6.0% (12 months to 02/10/2026); the highest was +2.9% (12 months to 10/04/2026). On 13/11/2026 the price of Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP was 6.6% below its highest weekly close since April 2024 (06/09/2024), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.29%
- a year
- On £10,000
- £29
- a year, roughly
- Over five years
- £144
- of £10,000, before growth
- 261 charge less
- 3 the same
- 163 charge more
Ongoing charge of Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP 0.29% a year. Compared on 14/11/2026, 163 of the 427 other corporate and other bond funds charge more, 3 the same and 261 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
Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP is an exchange-traded fund (ETF) from Invesco, launched in 2024.
It tracks the Bloomberg MSCI Global Liquid Corporate Climate Transition ESG 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 0.29% a year — about £29 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.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- GBEG
- ISIN
- IE000P2WSBY0
- Provider
- Invesco
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.29% a year · about £29 on £10,000
- Fund size
- £257m
- 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
- Corporate & other bonds
Price chart
Over the last year, the closing price went from £5.18 on 14/11/2025 to £4.92 on 13/11/2026 (−5.0%). The lowest close shown was £4.87 on 02/10/2026 and the highest £5.23 on 27/02/2026.
One close a week. Before 11/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
134 weekly closes, from 12/04/2024 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
What it holds
- Holdings
- 3,738
- 3,766 reported in all
- Ten largest
- 1.0%
- of the whole fund
- Effective number of holdings
- 2,889
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 0.1%
- SW Finance I PLC 7% 16/04/40
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | SW Finance I PLC 7% 16/04/40 | 0.13% |
| 2 | AbbVie Inc 3.2% 21/11/29 | 0.11% |
| 3 | Cigna Group/The 4.375% 15/10/28 | 0.11% |
| 4 | Goldman Sachs Group Inc/The 6.75% 01/10/37 | 0.11% |
| 5 | AXA SA Var 28/05/49 | 0.10% |
| 6 | Pfizer Investment Enterprises Pte 4.75% 19/05/33 | 0.10% |
| 7 | Pfizer Investment Enterprises Pte 5.3% 19/05/53 | 0.10% |
| 8 | AbbVie Inc 4.25% 21/11/49 | 0.09% |
| 9 | AerCap Ireland Capital DAC / AerCa 3% 29/10/28 | 0.09% |
| 10 | AerCap Ireland Capital DAC / AerCa 3.3% 30/01/32 | 0.09% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By country
- United States66.4%
- France5.2%
- Canada4.1%
- Germany1.1%
- Switzerland0.5%
- Belgium0.4%
- Italy0.2%
- Austria0.1%
- Other countries0.1%
- Not classified22.0%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
All holdings
The fund publishes 3,766 holdings; the ten largest make up 1.0% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track Bloomberg MSCI Global Liquid Corporate Climate Transition ESG Bond Index - USD - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.29% a year (13/11/2026).
| Fund | Charge | 1 year |
|---|---|---|
| Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBPThis fundDistributing · Currency hedged · 0.29% a year | 0.29% | −1.0% |
| Invesco Global Corporate Bond ESG Climate Transition UCITS ETF USDDistributing · 0.15% a year | 0.15% | −3.3% |
As of
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 year, from weekly returns in pounds.
With a free accountRolling returns
The full range of 82 rolling 12-month returns since April 2024, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since April 2024, in pounds, with how many weeks it 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 (132 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 GBEG?
The ongoing charge of GBEG is 0.29% a year — about £29 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 Invesco Global Corporate Bond ESG Climate Transition UCITS ETF -PFHGD- GBP 0.29% a year. Compared on 14/11/2026, 163 of the 427 other corporate and other bond funds charge more, 3 the same and 261 less (share classes counted once).
What does GBEG track?
GBEG tracks the Bloomberg MSCI Global Liquid Corporate Climate Transition ESG Bond Index - USD - Benchmark TR Net.
Is GBEG accumulating or distributing?
GBEG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of GBEG?
The ISIN of GBEG is IE000P2WSBY0. An ISIN identifies one exact share class of a fund; GBEG is its ticker on the London Stock Exchange.
What does GBEG hold?
As of 12/11/2026, GBEG holds 3,766 positions, according to its published holdings. The largest is SW Finance I PLC 7% 16/04/40 at 0.13% of the fund; the ten largest make up 1.0%. Its ten largest holdings are SW Finance I PLC 7% 16/04/40 (0.13%), AbbVie Inc 3.2% 21/11/29 (0.11%), Cigna Group/The 4.375% 15/10/28 (0.11%), Goldman Sachs Group Inc/The 6.75% 01/10/37 (0.11%), AXA SA Var 28/05/49 (0.10%), Pfizer Investment Enterprises Pte 4.75% 19/05/33 (0.10%), Pfizer Investment Enterprises Pte 5.3% 19/05/53 (0.10%), AbbVie Inc 4.25% 21/11/49 (0.09%), AerCap Ireland Capital DAC / AerCa 3% 29/10/28 (0.09%) and AerCap Ireland Capital DAC / AerCa 3.3% 30/01/32 (0.09%).
What were GBEG’s returns in each of the last five years?
Calendar-year returns of GBEG in pounds (price only, income paid out not included): 2025 +1.2%; 2026 to 13/11/2026 −4.4%. Past performance is not a guide to future returns.
How has GBEG done after inflation?
Over the year to 13/11/2026 GBEG’s total return was −1.0%, or −4.5% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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