# L&G GBP Corporate Bond Screened UCITS ETF GBP (GBPC) **Page:** https://fundology.uk/fund/gbpc · ISIN IE00BLRPQM83 ## 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, GBPC (L&G GBP Corporate Bond Screened UCITS ETF GBP, ISIN IE00BLRPQM83) closed at £7.81 on the London Stock Exchange. Its ongoing charge is 0.09% a year (about £9 on £10,000). Over the five years to 13/11/2026 its total return was +7.1%, or −16.4% after UK CPIH inflation. ## Summary L&G GBP Corporate Bond Screened UCITS ETF GBP is an exchange-traded fund (ETF) from L&G, launched in 2020. It tracks the J.P. Morgan GCI ESG Investment Grade GBP Short-Term Custom Maturity Index - GBP. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.09% a year — about £9 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. Latest close: **£7.81** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | GBPC | | ISIN | IE00BLRPQM83 | | Category | Corporate & other bonds | | Type | ETF | | Provider | L&G | | Tracks | J.P. Morgan GCI ESG Investment Grade GBP Short-Term Custom Maturity Index - GBP | | Income | Distributing | | Ongoing charge | 0.09% a year (£9 per £10,000) | | Fund size | £134m | | Launched | 2020 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 03/12/2020 | ## 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 | +0.68% | -2.89% | income reinvested | | 3 years | +15.48% | +4.33% | income reinvested | | 5 years | +7.06% | -16.43% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of L&G GBP Corporate Bond Screened UCITS ETF GBP in pounds (price only, income paid out not included): 2022 −18.7%, 2023 +4.4%, 2024 −2.3%, 2025 +1.3%; 2026 to 13/11/2026 −4.9%. Returns of L&G GBP Corporate Bond Screened UCITS ETF GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −3.7%; to 30/09/2025: −0.7%; to 30/09/2024: +5.4%; to 30/09/2023: +4.2%; to 30/09/2022: −24.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -18.7% | -25.6% | Price | | 2023 | +4.4% | +0.2% | Price | | 2024 | -2.3% | -5.6% | Price | | 2025 | +1.3% | -2.2% | Price | | 2026 to 13/11/2026 | -4.9% | -8.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 6.62% | -6.33% | | 3 years | 6.21% | -6.84% | | 5 years | 8.00% | -27.70% | ## Largest fall Volatility of L&G GBP Corporate Bond Screened UCITS ETF GBP in pounds, annualised from weekly returns to 13/11/2026: 6.6% over 1 year, 6.2% over 3 years, 8.0% over 5 years. Largest fall in the price of L&G GBP Corporate Bond Screened UCITS ETF GBP since November 2021, in pounds: −27.7% from 10/12/2021 to 14/10/2022. The lowest 12-month return of L&G GBP Corporate Bond Screened UCITS ETF GBP in pounds (price only, income paid out not included) since January 2021 was −26.0% (12 months to 14/10/2022); the highest was +8.3% (12 months to 18/10/2024). On 13/11/2026 the price of L&G GBP Corporate Bond Screened UCITS ETF GBP was 21.2% below its highest weekly close since November 2021 (10/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of L&G GBP Corporate Bond Screened UCITS ETF GBP 0.09% a year. Compared on 14/11/2026, 410 of the 427 other corporate and other bond funds charge more, 9 the same and 8 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.09%** 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. ## Questions people ask **What is the ongoing charge of GBPC?** The ongoing charge of GBPC is 0.09% a year — about £9 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 L&G GBP Corporate Bond Screened UCITS ETF GBP 0.09% a year. Compared on 14/11/2026, 410 of the 427 other corporate and other bond funds charge more, 9 the same and 8 less (share classes counted once). **What does GBPC track?** GBPC tracks the J.P. Morgan GCI ESG Investment Grade GBP Short-Term Custom Maturity Index - GBP. **Is GBPC accumulating or distributing?** GBPC is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual. **What is the ISIN of GBPC?** The ISIN of GBPC is IE00BLRPQM83. An ISIN identifies one exact share class of a fund; GBPC is its ticker on the London Stock Exchange. **What were GBPC’s returns in each of the last five years?** Calendar-year returns of GBPC in pounds (price only, income paid out not included): 2022 −18.7%, 2023 +4.4%, 2024 −2.3%, 2025 +1.3%; 2026 to 13/11/2026 −4.9%. Past performance is not a guide to future returns. **How has GBPC done after inflation?** Over the five years to 13/11/2026 GBPC’s total return was +7.1%, or −16.4% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at L&G](https://fundcentres.landg.com/en/uk/private-investors/fund-centre/ETF/GBP-Corporate-Bond-Screened/IE00BLRPQM83/) - 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.