# Hsbc Global Government Bond Ucits ETF (HGVU)

**Source:** https://fundology.uk/fund/hgvu · ISIN IE0006NCFSW9 · 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, HGVU (Hsbc Global Government Bond Ucits ETF, ISIN IE0006NCFSW9) closed at $10.73 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the three years to 30/09/2026 its total return was −5.9%, or −15.1% after UK CPIH inflation.

## Summary

Hsbc Global Government Bond Ucits ETF is an exchange-traded fund (ETF) from HSBC, launched in 2023. It tracks the FTSE World Government Bond - USD - Benchmark TR Gross Hedged. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.1% a year — about £10 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **$10.73** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | HGVU |
| ISIN | IE0006NCFSW9 |
| Category | Government bonds |
| Type | ETF |
| Provider | HSBC |
| Tracks | FTSE World Government Bond - USD - Benchmark TR Gross Hedged |
| Income | Accumulating |
| Ongoing charge | 0.10% a year (£10 per £10,000) |
| Fund size | £19.0m |
| Launched | 2023 |
| 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 | +0.20% | -2.94% | income reinvested |
| 3 years | -5.92% | -15.10% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of Hsbc Global Government Bond Ucits ETF 0.10% a year, as of 01/10/2026: 161 of the 274 other government bond funds charge more, 37 the same and 76 less (share classes counted once).

## Funds tracking the same index

2 funds track FTSE World Government Bond - USD - Benchmark TR Gross Hedged, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.10% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| HSBC Global Funds ICAV - Global Government Bond UCITS ETF -ETFSH- GBP | 0.10% | +0.5% | +3.5% | — |
| Hsbc Global Government Bond Ucits ETF (this fund) | 0.10% | +0.2% | -5.9% | — |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.10%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.