# Ishares Broad Global Govt Bond UCITS ETF USD (IGBG) **Page:** https://fundology.uk/fund/igbg · ISIN IE000J8Z5N74 ## 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, IGBG (Ishares Broad Global Govt Bond UCITS ETF USD, ISIN IE000J8Z5N74) closed at £3.55 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the year to 13/11/2026 its total return was −2.6%, or −6.0% after UK CPIH inflation. ## Summary Ishares Broad Global Govt Bond UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2024. 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 0.1% 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 paid out to holders as cash, usually a few times a year. Latest close: **£3.55** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IGBG | | ISIN | IE000J8Z5N74 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg Global Aggregate Treasuries Index - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.10% a year (£10 per £10,000) | | Fund size | £226m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 05/07/2024 | ## 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 | -2.59% | -6.04% | 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 USD in pounds (price only, income paid out not included): 2025 −4.0%; 2026 to 13/11/2026 −3.8%. Returns of Ishares Broad Global Govt Bond UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.2%; to 30/09/2025: −2.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | -4.0% | -7.2% | Price | | 2026 to 13/11/2026 | -3.8% | -6.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.79% | -6.91% | ## Largest fall Volatility of Ishares Broad Global Govt Bond UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 4.8% over 1 year. Largest fall in the price of Ishares Broad Global Govt Bond UCITS ETF USD since September 2024, in pounds: −8.9% from 10/01/2025 to 21/08/2026. The lowest 12-month return of Ishares Broad Global Govt Bond UCITS ETF USD in pounds (price only, income paid out not included) since September 2024 was −6.4% (12 months to 06/02/2026); the highest was +0.4% (12 months to 31/10/2025). On 13/11/2026 the price of Ishares Broad Global Govt Bond UCITS ETF USD was 8.1% below its highest weekly close since September 2024 (10/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Ishares Broad Global Govt Bond UCITS ETF USD 0.10% a year. Compared on 14/11/2026, 184 of the 311 other government bond funds charge more, 39 the same and 88 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 | 0.11% | -0.7% | — | — | | Ishares Broad Global Govt Bond UCITS ETF USD (this fund) | 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): **0.10%** per year - 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, IGBG 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/igbg/holdings ## Questions people ask **What is the ongoing charge of IGBG?** The ongoing charge of IGBG is 0.10% a year — about £10 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 USD 0.10% a year. Compared on 14/11/2026, 184 of the 311 other government bond funds charge more, 39 the same and 88 less (share classes counted once). **What does IGBG track?** IGBG tracks the Bloomberg Global Aggregate Treasuries Index - Benchmark TR Net. **Is IGBG accumulating or distributing?** IGBG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual. **What is the ISIN of IGBG?** The ISIN of IGBG is IE000J8Z5N74. An ISIN identifies one exact share class of a fund; IGBG is its ticker on the London Stock Exchange. **What does IGBG hold?** As of 06/11/2026, IGBG 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 IGBG’s returns in each of the last five years?** Calendar-year returns of IGBG in pounds (price only, income paid out not included): 2025 −4.0%; 2026 to 13/11/2026 −3.8%. Past performance is not a guide to future returns. **How has IGBG done after inflation?** Over the year to 13/11/2026 IGBG’s total return was −2.6%, or −6.0% 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/337754/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-dist-gb-ie000j8z5n74-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/igbg-ishares-broad-global-govt-bond-ucits-etf-fund-fact-sheet-en-gb.pdf) - Links checked 12/10/2026. --- 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.