ETF · Amundi
GILS Amundi Core UK Government Bond Dist Distribution
ISIN LU1407892592London Stock Exchange: GILSSAS Rue la Boétie
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£5.02
on
- Ongoing charge
- 0.05% a year
- Fund size
- £1.5bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, GILS (Amundi Core UK Government Bond Dist Distribution, ISIN LU1407892592) closed at £5.02 on the London Stock Exchange. Its ongoing charge is 0.05% a year (about £5 on £10,000). Over the five years to 13/11/2026 its total return was −20.8%, or −38.2% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −0.4%
- −3.9% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +7.7%
- −2.7% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −20.8%
- −38.2% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £792 on 13/11/2026 — about £618 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 Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution in pounds (price only, income paid out not included): 2022 −25.5%, 2023 +1.5%, 2024 −5.9%, 2025 +1.6%; 2026 to 13/11/2026 −0.8%. Returns of Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −2.7%; to 30/09/2025: −3.8%; to 30/09/2024: +5.8%; to 30/09/2023: −3.4%; to 30/09/2022: −25.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −0.8% | −4.0% | |
| to | +1.6% | −1.9% | |
| to | −5.9% | −9.1% | |
| +1.5% | −2.5% | ||
| −25.5% | −31.8% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −2.7% | −6.1% |
| from | −3.8% | −7.5% |
| from | +5.8% | +3.1% |
| from | −3.4% | −9.2% |
| from | −25.2% | −31.2% |
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)
9.4%over 5 years
| 1 year | 6.8% |
|---|---|
| 3 years | 6.6% |
| 5 years | 9.4% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −33.0%
- From to
- Lowest 12-month return
- −29.3%
- 12 months to
- Highest 12-month return
- +7.4%
- 12 months to
- Below its highest weekly close since November 2021
- 31.0%
- High of , latest
In words: Volatility of Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution in pounds, annualised from weekly returns to 13/11/2026: 6.8% over 1 year, 6.6% over 3 years, 9.4% over 5 years. Largest fall in the price of Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution since November 2021, in pounds: −33.0% from 03/12/2021 to 14/10/2022. The lowest 12-month return of Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution in pounds (price only, income paid out not included) since January 2021 was −29.3% (12 months to 14/10/2022); the highest was +7.4% (12 months to 16/08/2024). On 13/11/2026 the price of Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution was 31.0% below its highest weekly close since November 2021 (03/12/2021), 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
- 0.05%
- a year
- On £10,000
- £5
- a year, roughly
- Over five years
- £25
- of £10,000, before growth
- 0 charge less
- 12 the same
- 299 charge more
Ongoing charge of Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution 0.05% a year. Compared on 14/11/2026, 299 of the 311 other government bond funds charge more, 12 the same and 0 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
Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution is an exchange-traded fund (ETF) from Amundi, launched in 2016.
It tracks the Markit iBoxx GBP Gilts Mid Price TCA Net Total Return Index - GBP — UK government bonds (gilts).
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.05% a year — about £5 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.
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
- GILS
- ISIN
- LU1407892592
- Provider
- Amundi
- 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
- 0.05% a year · about £5 on £10,000
- Fund size
- £1.5bn
- 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 £5.15 on 14/11/2025 to £5.02 on 13/11/2026 (−2.6%). The lowest close shown was £4.91 on 15/05/2026 and the highest £5.22 on 05/12/2025.
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
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
- 70
- 71 reported in all
- Ten largest
- 23.2%
- of the whole fund
- Effective number of holdings
- 59
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 2.5%
- UNITED KINGDO TSY 4.375% 07Mar28
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | UNITED KINGDO TSY 4.375% 07Mar28GovernmentUnited Kingdom | 2.55% |
| 2 | UNITED KINGDO TSY 4.75% 07Dec30GovernmentUnited Kingdom | 2.52% |
| 3 | UNITED KINGDO TSY 4.25% 07Jun32GovernmentUnited Kingdom | 2.45% |
| 4 | UNITED KINGDO TSY 4.375% 07Mar30GovernmentUnited Kingdom | 2.42% |
| 5 | UNITED KINGDO TSY 4% 22May29GovernmentUnited Kingdom | 2.26% |
| 6 | UNITED KINGDO TSY 4.875% 31Jul36GovernmentUnited Kingdom | 2.26% |
| 7 | UNITED KINGDO TSY 1.25% 22Jul27GovernmentUnited Kingdom | 2.23% |
| 8 | UNITED KINGDO TSY 4.75% 22Oct35GovernmentUnited Kingdom | 2.20% |
| 9 | UNITED KINGDO TSY 0.125% 31Jan28GovernmentUnited Kingdom | 2.17% |
| 10 | UNITED KINGDO TSY 0.875% 22Oct29GovernmentUnited Kingdom | 2.15% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 70 largest and what changed since .
More of the portfolio
The fund publishes 71 holdings; the ten largest make up 23.2% 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 Markit iBoxx GBP Gilts Mid Price TCA Net Total Return Index - GBP, this one included and share classes counted once; their ongoing charges range from 0.05% to 0.07% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core UK Government Bond Capitalisation UCITS ETF HedgedAccumulating · Currency hedged · 0.07% a year | 0.07% | Not reported | Not reported | Not reported |
| Amundi Core UK Government Bond Dist DistributionThis fundDistributing · 0.05% a year | 0.05% | −0.4% | +7.7% | −20.8% |
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 254 rolling 12-month returns since January 2021, and of 150 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 GILS?
The ongoing charge of GILS is 0.05% a year — about £5 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 Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution 0.05% a year. Compared on 14/11/2026, 299 of the 311 other government bond funds charge more, 12 the same and 0 less (share classes counted once).
What does GILS track?
GILS tracks the Markit iBoxx GBP Gilts Mid Price TCA Net Total Return Index - GBP — UK government bonds (gilts).
Is GILS accumulating or distributing?
GILS 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 GILS?
The ISIN of GILS is LU1407892592. An ISIN identifies one exact share class of a fund; GILS is its ticker on the London Stock Exchange.
What does GILS hold?
As of 11/11/2026, GILS holds 71 positions, according to its published holdings. The largest is UNITED KINGDO TSY 4.375% 07Mar28 at 2.55% of the fund; the ten largest make up 23.2%. Its ten largest holdings are UNITED KINGDO TSY 4.375% 07Mar28 (2.55%), UNITED KINGDO TSY 4.75% 07Dec30 (2.52%), UNITED KINGDO TSY 4.25% 07Jun32 (2.45%), UNITED KINGDO TSY 4.375% 07Mar30 (2.42%), UNITED KINGDO TSY 4% 22May29 (2.26%), UNITED KINGDO TSY 4.875% 31Jul36 (2.26%), UNITED KINGDO TSY 1.25% 22Jul27 (2.23%), UNITED KINGDO TSY 4.75% 22Oct35 (2.20%), UNITED KINGDO TSY 0.125% 31Jan28 (2.17%) and UNITED KINGDO TSY 0.875% 22Oct29 (2.15%).
What were GILS’s returns in each of the last five years?
Calendar-year returns of GILS in pounds (price only, income paid out not included): 2022 −25.5%, 2023 +1.5%, 2024 −5.9%, 2025 +1.6%; 2026 to 13/11/2026 −0.8%. Past performance is not a guide to future returns.
How has GILS done after inflation?
Over the five years to 13/11/2026 GILS’s total return was −20.8%, or −38.2% 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.