# Amundi Core Global Government Bond UCITS ETF GBP Hedged Dist (GOVG) **Source:** https://fundology.uk/fund/govg · ISIN LU2355200796 · 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, GOVG (Amundi Core Global Government Bond UCITS ETF GBP Hedged Dist, ISIN LU2355200796) closed at £42.76 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 30/09/2026 its total return was +1.2%, or −20.9% after UK CPIH inflation. ## Summary Amundi Core Global Government Bond UCITS ETF GBP Hedged Dist is an exchange-traded fund (ETF) from Amundi, launched in 2021. 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 0.15% a year — about £15 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: **£42.76** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | GOVG | | ISIN | LU2355200796 | | Category | Government bonds | | Type | ETF | | Provider | Amundi | | Tracks | J.P. Morgan Government Bond Index Global (GBI Global) Index - EUR | | Income | Distributing | | Ongoing charge | 0.15% a year (£15 per £10,000) | | Fund size | £19.1m | | Launched | 2021 | | 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 | -1.81% | -4.89% | income reinvested | | 3 years | +7.85% | -2.68% | income reinvested | | 5 years | +1.20% | -20.89% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Charges compared with similar funds Ongoing charge of Amundi Core Global Government Bond UCITS ETF GBP Hedged Dist 0.15% a year, as of 01/10/2026: 100 of the 274 other government bond funds charge more, 24 the same and 150 less (share classes counted once). ## 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 (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Core Global Government Bond UCITS ETF GBP Hedged Dist (this fund) | 0.15% | -1.8% | +7.9% | +1.2% | | Amundi Index Solutions - J.P. Morgan GBI Global Govies | 0.22% | -3.0% | -2.3% | -15.0% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.15%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | UNITED ST TSY 4.25% 15Nov34 | 0.39% | | UNITED ST TSY 1.625% 15May31 | 0.38% | | UNITED ST TSY 4.25% 15May35 | 0.38% | | UNITED ST TSY 4.375% 15May36 | 0.38% | | UNITED ST TSY 4.625% 15Feb35 | 0.38% | | UNITED ST TSY 4% 15Nov35 | 0.37% | | UNITED ST TSY 4.125% 15Feb36 | 0.37% | | UNITED ST TSY 4.375% 15May34 | 0.37% | | UNITED ST TSY 1.125% 15Feb31 | 0.36% | | UNITED ST TSY 4.25% 15Aug35 | 0.36% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By country As published by Amundi, as of 29/09/2026. | Country | Weight | |---|---| | United States | 51.7% | | Japan | 14.5% | | France | 6.4% | | United Kingdom | 6.2% | | Italy | 5.7% | | Germany | 5.1% | | Spain | 3.9% | | Canada | 2.2% | | Other countries | 4.4% | All 1,110 holdings: https://fundology.uk/fund/govg/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.