# iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP (GILG) **Source:** https://fundology.uk/fund/gilg · ISIN IE00BMDBML89 · 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, GILG (iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP, ISIN IE00BMDBML89) closed at £4.41 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 +3.1%, or −19.4% after UK CPIH inflation. ## Summary iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from iShares, launched in 2020. It tracks the Bloomberg World Govt Inflation-Linked. 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 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. Latest close: **£4.41** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | GILG | | ISIN | IE00BMDBML89 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg World Govt Inflation-Linked | | Income | Distributing | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £204m | | Launched | 2020 | | 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 | -0.44% | -3.56% | income reinvested | | 3 years | +8.23% | -2.34% | income reinvested | | 5 years | +3.11% | -19.39% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2022 −19.0%, 2023 +2.3%, 2024 −1.8%, 2025 +3.1%; 2026 to 30/09/2026 −2.0%. Returns of iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −1.5%; to 30/09/2025: −0.7%; to 30/09/2024: +7.4%; to 30/09/2023: −3.7%; to 30/09/2022: −17.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -19.0% | -25.8% | Price | | 2023 | +2.3% | -1.8% | Price | | 2024 | -1.8% | -5.1% | Price | | 2025 | +3.1% | -0.4% | Price | | 2026 to 30/09/2026 | -2.0% | -4.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 3.53% | -4.30% | | 3 years | 5.06% | -4.61% | | 5 years | 7.46% | -24.60% | ## Largest fall Volatility of iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 30/09/2026: 3.5% over 1 year, 5.1% over 3 years, 7.5% over 5 years. Largest fall in the price of iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP since October 2021, in pounds: −24.6% from 03/12/2021 to 14/10/2022. The lowest 12-month return of iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since January 2021 was −22.4% (12 months to 14/10/2022); the highest was +8.2% (12 months to 04/10/2024). On 30/09/2026 the price of iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP was 19.3% below its highest weekly close since October 2021 (03/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP 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 5 funds track Bloomberg World Govt Inflation-Linked, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.25% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares Global Inflation Linked Govt Bond UCITS ETF | 0.25% | -0.6% | +1.8% | -12.5% | | iShares Global Inflation Linked Govt Bond UCITS ETF | 0.25% | -4.3% | +1.8% | -18.2% | | iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP (this fund) | 0.20% | -0.4% | +8.2% | +3.1% | | Xtrackers II Global Inflation-Linked Bond UCITS ETF | 0.25% | -3.9% | +1.9% | -18.7% | | Xtrackers II Global Inflation-Linked Bond UCITS ETF | — | -0.3% | +2.2% | -12.2% | 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 --- 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.