# Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution (GILS) **Source:** https://fundology.uk/fund/gils · ISIN LU1407892592 · 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, GILS (Amundi Core UK Government Bond Dist Distribution, ISIN LU1407892592) closed at £4.95 on the London Stock Exchange. Its ongoing charge is 0.05% a year (about £5 on £10,000). Over the five years to 30/09/2026 its total return was −20.5%, or −37.8% after UK CPIH inflation. ## Summary 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. Latest close: **£4.95** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | GILS | | ISIN | LU1407892592 | | Category | Government bonds | | Type | ETF | | Provider | Amundi | | Tracks | Markit iBoxx GBP Gilts Mid Price TCA Net Total Return Index - GBP | | Income | Distributing | | Ongoing charge | 0.05% a year (£5 per £10,000) | | Fund size | £1.1bn | | Launched | 2016 | | Domicile | Luxembourg | ## 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 | +0.66% | -2.50% | income reinvested | | 3 years | +7.11% | -3.35% | income reinvested | | 5 years | -20.49% | -37.85% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 −6.2%, 2025 +2.1%; 2026 to 30/09/2026 −2.3%. 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: −2.2%; to 30/09/2025: −4.3%; to 30/09/2024: +5.8%; to 30/09/2023: −3.4%; to 30/09/2022: −26.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -25.5% | -31.8% | Price | | 2023 | +1.5% | -2.5% | Price | | 2024 | -6.2% | -9.4% | Price | | 2025 | +2.1% | -1.4% | Price | | 2026 to 30/09/2026 | -2.3% | -5.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 6.81% | -5.96% | | 3 years | 6.82% | -8.87% | | 5 years | 9.48% | -33.04% | ## Largest fall Volatility of Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution in pounds, annualised from weekly returns to 30/09/2026: 6.8% over 1 year, 6.8% over 3 years, 9.5% over 5 years. Largest fall in the price of Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution since October 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 30/09/2026 the price of Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution was 31.9% below its highest weekly close since October 2021 (03/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution 0.05% a year, as of 01/10/2026: 269 of the 274 other government bond funds charge more, 5 the same and 0 less (share classes counted once). ## 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 (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Capitalisation UCITS ETF Hedged | 0.07% | — | — | — | | Multi Units Luxembourg SICAV - Amundi Core UK Government Bond Dist Distribution (this fund) | 0.05% | +0.7% | +7.1% | -20.5% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.05%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | UNITED KINGDO TSY 4.375% 07Mar28 | 2.57% | | UNITED KINGDO TSY 4.75% 07Dec30 | 2.53% | | UNITED KINGDO TSY 4.25% 07Jun32 | 2.46% | | UNITED KINGDO TSY 4.375% 07Mar30 | 2.44% | | UNITED KINGDO TSY 4% 22May29 | 2.28% | | UNITED KINGDO TSY 1.25% 22Jul27 | 2.24% | | UNITED KINGDO TSY 4.75% 22Oct35 | 2.24% | | UNITED KINGDO TSY 0.875% 22Oct29 | 2.18% | | UNITED KINGDO TSY 4.5% 07Mar35 | 2.12% | | UNITED KINGDO TSY 0.125% 31Jan28 | 2.11% | All 71 holdings: https://fundology.uk/fund/gils/holdings --- 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.