# Ishares Broad Global Govt Bond UCITS ETF AccumUSD (IGBD)

**Page:** https://fundology.uk/fund/igbd · ISIN IE000I0U8OO3

## 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 13/11/2026, IGBD (Ishares Broad Global Govt Bond UCITS ETF AccumUSD, ISIN IE000I0U8OO3) closed at £3.68 on the London Stock Exchange. Its ongoing charge is 0.11% a year (about £11 on £10,000). Over the year to 13/11/2026 its total return was −0.7%, or −4.2% after UK CPIH inflation.

## Summary

Ishares Broad Global Govt Bond UCITS ETF AccumUSD is an exchange-traded fund (ETF) from iShares, launched in 2025. It tracks the Bloomberg Global Aggregate Treasuries Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.11% a year — about £11 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.

Latest close: **£3.68** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IGBD |
| ISIN | IE000I0U8OO3 |
| Category | Government bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Bloomberg Global Aggregate Treasuries Index - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.11% a year (£11 per £10,000) |
| Fund size | £402k |
| Launched | 2025 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 26/06/2025 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -0.68% | -4.20% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Ishares Broad Global Govt Bond UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 −0.6%. Returns of Ishares Broad Global Govt Bond UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −2.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 13/11/2026 | -0.6% | -3.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 4.40% | -3.94% |

## Largest fall

Volatility of Ishares Broad Global Govt Bond UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 4.4% over 1 year. Largest fall in the price of Ishares Broad Global Govt Bond UCITS ETF AccumUSD since July 2025, in pounds: −4.0% from 31/10/2025 to 21/08/2026. On 13/11/2026 the price of Ishares Broad Global Govt Bond UCITS ETF AccumUSD was 3.2% below its highest weekly close since July 2025 (31/10/2025), in pounds.

## Charges compared with similar funds

Ongoing charge of Ishares Broad Global Govt Bond UCITS ETF AccumUSD 0.11% a year. Compared on 14/11/2026, 180 of the 311 other government bond funds charge more, 3 the same and 128 less (share classes counted once).

## Funds tracking the same index

5 funds track Bloomberg Global Aggregate Treasuries Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.14% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Invesco Markets IV ICAV - Invesco Global Government Bond UCITS ETF -PFHDG- GBP | 0.12% | — | — | — |
| Invesco Markets IV ICAV - Invesco Global Government Bond UCITS ETF Accum-PFHDG- GBP | 0.12% | — | — | — |
| Ishares Broad Global Govt Bond UCITS ETF AccumUSD (this fund) | 0.11% | -0.7% | — | — |
| Ishares Broad Global Govt Bond UCITS ETF USD | 0.10% | -2.6% | — | — |
| iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP | 0.14% | +0.1% | — | — |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.11%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, IGBD holds 1,570 positions, according to its published holdings. The largest is China Peoples Republic of (Governm 1.61% 15/02/2035 at 1.47% of the fund; the ten largest make up 8.3%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | China Peoples Republic of (Governm 1.61% 15/02/2035 | — | 1.47% |
| 2 | China Peoples Republic of (Governm 1.49% 25/12/2031 | — | 1.18% |
| 3 | China Peoples Republic of (Governm 1.45% 25/02/2028 | — | 1.09% |
| 4 | China Peoples Republic of (Governm 2.52% 25/08/2033 | — | 0.87% |
| 5 | China Peoples Republic of (Governm 3.19% 15/04/2053 | — | 0.80% |
| 6 | China Peoples Republic of (Governm 1.43% 25/01/2030 | — | 0.79% |
| 7 | China Peoples Republic of (Governm 1.91% 15/07/2029 | — | 0.67% |
| 8 | China Peoples Republic of (Governm 1.46% 25/05/2028 | — | 0.49% |
| 9 | Treasury Note 4.88% 31/10/2028 | — | 0.49% |
| 10 | China Peoples Republic of (Governm 1.65% 15/05/2035 | — | 0.46% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Treasury | 99.5% |
| Cash and derivatives | 0.5% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| United States | 35.4% |
| Japan | 13.4% |
| China | 12.2% |
| United Kingdom | 5.5% |
| France | 5.3% |
| Italy | 4.8% |
| Germany | 4.4% |
| Spain | 3.2% |
| Other countries | 15.8% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 99.5% |
| Cash and money market | 0.5% |

The 1,472 holdings on record (of 1,570 reported): https://fundology.uk/fund/igbd/holdings

## Questions people ask

**What is the ongoing charge of IGBD?**

The ongoing charge of IGBD is 0.11% a year — about £11 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 Ishares Broad Global Govt Bond UCITS ETF AccumUSD 0.11% a year. Compared on 14/11/2026, 180 of the 311 other government bond funds charge more, 3 the same and 128 less (share classes counted once).

**What does IGBD track?**

IGBD tracks the Bloomberg Global Aggregate Treasuries Index - Benchmark TR Net.

**Is IGBD accumulating or distributing?**

IGBD is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of IGBD?**

The ISIN of IGBD is IE000I0U8OO3. An ISIN identifies one exact share class of a fund; IGBD is its ticker on the London Stock Exchange.

**What does IGBD hold?**

As of 06/11/2026, IGBD holds 1,570 positions, according to its published holdings. The largest is China Peoples Republic of (Governm 1.61% 15/02/2035 at 1.47% of the fund; the ten largest make up 8.3%. Its ten largest holdings are China Peoples Republic of (Governm 1.61% 15/02/2035 (1.47%), China Peoples Republic of (Governm 1.49% 25/12/2031 (1.18%), China Peoples Republic of (Governm 1.45% 25/02/2028 (1.09%), China Peoples Republic of (Governm 2.52% 25/08/2033 (0.87%), China Peoples Republic of (Governm 3.19% 15/04/2053 (0.80%), China Peoples Republic of (Governm 1.43% 25/01/2030 (0.79%), China Peoples Republic of (Governm 1.91% 15/07/2029 (0.67%), China Peoples Republic of (Governm 1.46% 25/05/2028 (0.49%), Treasury Note 4.88% 31/10/2028 (0.49%) and China Peoples Republic of (Governm 1.65% 15/05/2035 (0.46%).

**What were IGBD’s returns in each of the last five years?**

Calendar-year returns of IGBD in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 −0.6%. Past performance is not a guide to future returns.

**How has IGBD done after inflation?**

Over the year to 13/11/2026 IGBD’s total return was −0.7%, or −4.2% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/344143/ishares-broad-global-govt-bond-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-broad-global-govt-bond-ucits-etf-usd-acc-gb-ie000i0u8oo3-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/igbd-ishares-broad-global-govt-bond-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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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.