ETF · Amundi
GCBH Amundi Global Corporate Bond 1-5Y Highest Rated ESG Shs -UCITS ETF Hedge- Distribution
ISIN LU2780871237London Stock Exchange: GCBHSAS Rue la Boétie
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
- GBP hedged
Latest close
LSE£20.56
on
- Ongoing charge
- 0.18% a year
- Fund size
- £1.8m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, GCBH (Amundi Global Corporate Bond 1-5Y Highest Rated ESG Shs -UCITS ETF Hedge- Distribution, ISIN LU2780871237) closed at £20.56 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the year to 13/11/2026 its total return was +0.9%, or −2.7% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +0.9%
- −2.7% 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 Amundi Global Corporate Bond 1-5Y Highest Rated ESG Shs -UCITS ETF Hedge- Distribution in pounds (price only, income paid out not included): 2026 to 13/11/2026 +0.8%. Returns of Amundi Global Corporate Bond 1-5Y Highest Rated ESG Shs -UCITS ETF Hedge- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +0.1%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +0.8% | −2.4% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +0.1% | −3.4% |
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)
2.3%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since July 2025
- None of 2% or more
- Below its highest weekly close since July 2025
- 0.6%
- High of , latest
In words: Volatility of Amundi Global Corporate Bond 1-5Y Highest Rated ESG Shs -UCITS ETF Hedge- Distribution in pounds, annualised from weekly returns to 13/11/2026: 2.3% over 1 year. No fall of 2% or more in the price of Amundi Global Corporate Bond 1-5Y Highest Rated ESG Shs -UCITS ETF Hedge- Distribution since July 2025, in pounds, to 13/11/2026. On 13/11/2026 the price of Amundi Global Corporate Bond 1-5Y Highest Rated ESG Shs -UCITS ETF Hedge- Distribution was 0.6% below its highest weekly close since July 2025 (06/11/2026), 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
- 0.18%
- a year
- On £10,000
- £18
- a year, roughly
- Over five years
- £90
- of £10,000, before growth
- 145 charge less
- 10 the same
- 272 charge more
Ongoing charge of Amundi Global Corporate Bond 1-5Y Highest Rated ESG Shs -UCITS ETF Hedge- Distribution 0.18% a year. Compared on 14/11/2026, 272 of the 427 other corporate and other bond funds charge more, 10 the same and 145 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Amundi Global Corporate Bond 1-5Y Highest Rated ESG Shs -UCITS ETF Hedge- Distribution is an exchange-traded fund (ETF) from Amundi, launched in 2024.
It tracks the Bloomberg MSCI Global Corporate A+ ESG Sustainability SRI 1-5 Year Index - 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 0.18% a year — about £18 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
- GCBH
- ISIN
- LU2780871237
- Provider
- Amundi
- Tracks
- Bloomberg MSCI Global Corporate A+ ESG Sustainability SRI 1-5 Year Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.18% a year · about £18 on £10,000
- Fund size
- £1.8m
- Launched
- Domicile
- Luxembourg
- 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 £20.47 on 14/11/2025 to £20.56 on 13/11/2026 (+0.4%). The lowest close shown was £20.28 on 27/03/2026 and the highest £20.67 on 06/11/2026.
One close a week. Before 31/07/2026 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
66 weekly closes, from 11/07/2025 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
- 1,937
- 1,963 reported in all
- Ten largest
- 2.5%
- of the whole fund
- Effective number of holdings
- 1,261
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 0.3%
- BANK OF AMER VAR Dec28
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | BANK OF AMER VAR Dec28FinancialsUnited States | 0.30% |
| 2 | ABBVIE INC 3.2% Nov29Health CareUnited States | 0.27% |
| 3 | SALESFORCE IN 4.5% Mar28Information TechnologyUnited States | 0.25% |
| 4 | WELLS FARGO C VAR Oct30FinancialsUnited States | 0.25% |
| 5 | DEUTSCHE TELE 8.75% Jun30Communication ServicesGermany | 0.24% |
| 6 | NVIDIA CORP 4.5% Jun31Information TechnologyUnited States | 0.24% |
| 7 | WELLS FARGO C VAR Jan31FinancialsUnited States | 0.24% |
| 8 | WELLS FARGO C VAR Feb31FinancialsUnited States | 0.23% |
| 9 | MORGAN STANLE VAR Jan29 (US61744YAP34)FinancialsUnited States | 0.22% |
| 10 | PFIZER INVSTM 4.45% May28Health CareUnited States | 0.22% |
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 sector
- Financials59.5%
- Health Care9.6%
- Consumer Discretionary8.8%
- Information Technology6.5%
- Industrials5.8%
- Consumer Staples5.1%
- Communication Services2.4%
- Materials1.2%
- Other sectors1.2%
By country
- United States53.9%
- United Kingdom7.7%
- Canada7.3%
- France6.5%
- Germany5.7%
- Japan4.3%
- Australia3.3%
- Switzerland1.9%
- Other countries9.4%
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 .
More of the portfolio
The fund publishes 1,963 holdings; the ten largest make up 2.5% of it. The fund's portfolio is also split by currency, maturity and credit quality.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
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
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 account
Create a free account to see the risk ratios
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of GCBH?
The ongoing charge of GCBH is 0.18% a year — about £18 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 Amundi Global Corporate Bond 1-5Y Highest Rated ESG Shs -UCITS ETF Hedge- Distribution 0.18% a year. Compared on 14/11/2026, 272 of the 427 other corporate and other bond funds charge more, 10 the same and 145 less (share classes counted once).
What does GCBH track?
GCBH tracks the Bloomberg MSCI Global Corporate A+ ESG Sustainability SRI 1-5 Year Index - Benchmark TR Net.
Is GCBH accumulating or distributing?
GCBH is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual.
What is the ISIN of GCBH?
The ISIN of GCBH is LU2780871237. An ISIN identifies one exact share class of a fund; GCBH is its ticker on the London Stock Exchange.
What does GCBH hold?
As of 11/11/2026, GCBH holds 1,963 positions, according to its published holdings. The largest is BANK OF AMER VAR Dec28 at 0.30% of the fund; the ten largest make up 2.5%. Its ten largest holdings are BANK OF AMER VAR Dec28 (0.30%), ABBVIE INC 3.2% Nov29 (0.27%), SALESFORCE IN 4.5% Mar28 (0.25%), WELLS FARGO C VAR Oct30 (0.25%), DEUTSCHE TELE 8.75% Jun30 (0.24%), NVIDIA CORP 4.5% Jun31 (0.24%), WELLS FARGO C VAR Jan31 (0.24%), WELLS FARGO C VAR Feb31 (0.23%), MORGAN STANLE VAR Jan29 (US61744YAP34) (0.22%) and PFIZER INVSTM 4.45% May28 (0.22%).
What were GCBH’s returns in each of the last five years?
Calendar-year returns of GCBH in pounds (price only, income paid out not included): 2026 to 13/11/2026 +0.8%. Past performance is not a guide to future returns.
How has GCBH done after inflation?
Over the year to 13/11/2026 GCBH’s total return was +0.9%, or −2.7% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at Amundi (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.