ETF · Amundi
GGOV Amundi Index Solutions - J.P. Morgan GBI Global Govies
ISIN LU1437016204London Stock Exchange: GGOVSAS Rue la Boétie
- Government bonds
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£38.31
on
- Ongoing charge
- 0.22% a year
- Fund size
- £307m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, GGOV (Amundi Index Solutions - J.P. Morgan GBI Global Govies, ISIN LU1437016204) closed at £38.31 on the London Stock Exchange. Its ongoing charge is 0.22% a year (about £22 on £10,000). Over the five years to 13/11/2026 its total return was −15.0%, or −33.6% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −4.5%
- −7.9% after inflation (UK CPIH)
- 3 years to 13/11/2026
- −1.7%
- −11.2% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −15.0%
- −33.6% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £850 on 13/11/2026 — about £664 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
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 Index Solutions - J.P. Morgan GBI Global Govies in pounds (price, with income reinvested in the fund): 2022 −7.4%, 2023 −1.9%, 2024 −1.5%, 2025 −2.0%; 2026 to 13/11/2026 −1.7%. Returns of Amundi Index Solutions - J.P. Morgan GBI Global Govies in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −3.2%; to 30/09/2025: +0.1%; to 30/09/2024: +0.5%; to 30/09/2023: −8.9%; to 30/09/2022: −4.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −1.7% | −4.9% | |
| to | −2.0% | −5.3% | |
| to | −1.5% | −4.9% | |
| −1.9% | −5.8% | ||
| −7.4% | −15.2% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −3.2% | −6.6% |
| from | +0.1% | −3.8% |
| from | +0.5% | −2.1% |
| from | −8.9% | −14.4% |
| from | −4.2% | −12.0% |
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)
6.4%over 5 years
| 1 year | 4.4% |
|---|---|
| 3 years | 5.6% |
| 5 years | 6.4% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −16.9%
- From to
- Lowest 12-month return
- −11.1%
- 12 months to
- Highest 12-month return
- +3.8%
- 12 months to
- Below its highest weekly close since November 2021
- 16.4%
- High of , latest
In words: Volatility of Amundi Index Solutions - J.P. Morgan GBI Global Govies in pounds, annualised from weekly returns to 13/11/2026: 4.4% over 1 year, 5.6% over 3 years, 6.4% over 5 years. Largest fall in the price of Amundi Index Solutions - J.P. Morgan GBI Global Govies since November 2021, in pounds: −16.9% from 03/12/2021 to 21/08/2026. The lowest 12-month return of Amundi Index Solutions - J.P. Morgan GBI Global Govies in pounds (price, with income reinvested in the fund) since January 2021 was −11.1% (12 months to 18/08/2023); the highest was +3.8% (12 months to 16/08/2024). On 13/11/2026 the price of Amundi Index Solutions - J.P. Morgan GBI Global Govies was 16.4% below its highest weekly close since November 2021 (03/12/2021), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.22%
- a year
- On £10,000
- £22
- a year, roughly
- Over five years
- £110
- of £10,000, before growth
- 252 charge less
- 7 the same
- 52 charge more
Ongoing charge of Amundi Index Solutions - J.P. Morgan GBI Global Govies 0.22% a year. Compared on 14/11/2026, 52 of the 311 other government bond funds charge more, 7 the same and 252 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
Amundi Index Solutions - J.P. Morgan GBI Global Govies is an exchange-traded fund (ETF) from Amundi, launched in 2016.
It tracks the J.P. Morgan Government Bond Index Global (GBI Global) Index - EUR.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.22% a year — about £22 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.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Key facts
- Ticker
- GGOV
- ISIN
- LU1437016204
- Also listed as
- GOVU (London Stock Exchange, US dollars)
- Provider
- Amundi
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.22% a year · about £22 on £10,000
- Fund size
- £307m
- 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
- No
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Over the last year, the closing price went from £39.94 on 14/11/2025 to £38.31 on 13/11/2026 (−4.1%). The lowest close shown was £38.10 on 21/08/2026 and the highest £40.00 on 21/11/2025.
One close a week. Before 25/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 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
- 1,131
- 1,142 reported in all
- Ten largest
- 3.7%
- of the whole fund
- Effective number of holdings
- 705
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 0.4%
- UNITED ST TSY 4.25% 15May35
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | UNITED ST TSY 4.25% 15May35GovernmentUnited States | 0.38% |
| 2 | UNITED ST TSY 4.25% 15Nov34GovernmentUnited States | 0.38% |
| 3 | UNITED ST TSY 4.625% 15Feb35GovernmentUnited States | 0.38% |
| 4 | UNITED ST TSY 4.125% 15Feb36GovernmentUnited States | 0.37% |
| 5 | UNITED ST TSY 4.375% 15May34GovernmentUnited States | 0.37% |
| 6 | UNITED ST TSY 4.625% 15Aug36GovernmentUnited States | 0.37% |
| 7 | UNITED ST TSY 1.625% 15May31GovernmentUnited States | 0.36% |
| 8 | UNITED ST TSY 4% 15Nov35GovernmentUnited States | 0.36% |
| 9 | UNITED ST TSY 4.25% 15Aug35GovernmentUnited States | 0.36% |
| 10 | UNITED ST TSY 4.375% 15May36GovernmentUnited States | 0.36% |
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 States52.0%
- Japan14.6%
- United Kingdom6.4%
- France6.1%
- Italy5.6%
- Germany5.1%
- Spain3.7%
- Canada2.2%
- Other countries4.3%
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 1,142 holdings; the ten largest make up 3.7% 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
Funds tracking the same index
2 funds track J.P. Morgan Government Bond Index Global (GBI Global) Index - EUR, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.22% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core Global Government Bond UCITS ETF GBP Hedged DistDistributing · Currency hedged · 0.15% a year | 0.15% | −1.3% | +8.0% | +2.7% |
| Amundi Index Solutions - J.P. Morgan GBI Global GoviesThis fundAccumulating · 0.22% a year | 0.22% | −4.5% | −1.7% | −15.0% |
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, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 253 rolling 12-month returns since January 2021, and of 149 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since November 2021, 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 (156 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 GGOV?
The ongoing charge of GGOV is 0.22% a year — about £22 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 Index Solutions - J.P. Morgan GBI Global Govies 0.22% a year. Compared on 14/11/2026, 52 of the 311 other government bond funds charge more, 7 the same and 252 less (share classes counted once).
What does GGOV track?
GGOV tracks the J.P. Morgan Government Bond Index Global (GBI Global) Index - EUR.
Is GGOV accumulating or distributing?
GGOV 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 GGOV?
The ISIN of GGOV is LU1437016204. An ISIN identifies one exact share class of a fund; GGOV is its ticker on the London Stock Exchange. The same share class is also listed as GOVU (London Stock Exchange, US dollars).
What does GGOV hold?
As of 11/11/2026, GGOV holds 1,142 positions, according to its published holdings. The largest is UNITED ST TSY 4.25% 15May35 at 0.38% of the fund; the ten largest make up 3.7%. Its ten largest holdings are UNITED ST TSY 4.25% 15May35 (0.38%), UNITED ST TSY 4.25% 15Nov34 (0.38%), UNITED ST TSY 4.625% 15Feb35 (0.38%), UNITED ST TSY 4.125% 15Feb36 (0.37%), UNITED ST TSY 4.375% 15May34 (0.37%), UNITED ST TSY 4.625% 15Aug36 (0.37%), UNITED ST TSY 1.625% 15May31 (0.36%), UNITED ST TSY 4% 15Nov35 (0.36%), UNITED ST TSY 4.25% 15Aug35 (0.36%) and UNITED ST TSY 4.375% 15May36 (0.36%).
What were GGOV’s returns in each of the last five years?
Calendar-year returns of GGOV in pounds (price, with income reinvested in the fund): 2022 −7.4%, 2023 −1.9%, 2024 −1.5%, 2025 −2.0%; 2026 to 13/11/2026 −1.7%. Past performance is not a guide to future returns.
How has GGOV done after inflation?
Over the five years to 13/11/2026 GGOV’s total return was −15.0%, or −33.6% 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
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