# iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP (IGBS) **Source:** https://fundology.uk/fund/igbs · ISIN IE000S6ZDHA0 · 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, IGBS (Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP, ISIN IE000S6ZDHA0) closed at £4.80 on the London Stock Exchange. Its ongoing charge is 1.00% a year (about £100 on £10,000). Over the year to 30/09/2026 its total return was −1.2%, or −4.3% after UK CPIH inflation. ## Summary iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP is an exchange-traded fund (ETF) from iShares, launched in 2024. It tracks the BBG Global Aggregate Treasury 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 1.0% a year — about £100 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: **£4.80** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IGBS | | ISIN | IE000S6ZDHA0 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | BBG Global Aggregate Treasury Index - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 1.00% a year (£100 per £10,000) | | Fund size | £1.0bn | | Launched | 2024 | | 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 | -1.17% | -4.27% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP in pounds (price only, income paid out not included): 2025 +1.0%; 2026 to 30/09/2026 −4.5%. Returns of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | +1.0% | -2.4% | Price | | 2026 to 30/09/2026 | -4.5% | -7.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 3.74% | -5.12% | ## Largest fall Volatility of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP in pounds, annualised from weekly returns to 30/09/2026: 3.7% over 1 year. Largest fall in the price of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP since October 2024, in pounds: −5.2% from 04/04/2025 to 30/09/2026. The lowest 12-month return of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP in pounds (price only, income paid out not included) since October 2024 was −4.3% (12 months to 30/09/2026); the highest was +1.9% (12 months to 09/01/2026). On 30/09/2026 the price of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP was 5.2% below its highest weekly close since October 2024 (04/04/2025), in pounds. ## Charges compared with similar funds Ongoing charge of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP 1.00% a year, as of 01/10/2026: 0 of the 274 other government bond funds charge more, 0 the same and 274 less (share classes counted once). ## Funds tracking the same index 3 funds track BBG Global Aggregate Treasury Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.10% to 1.00% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Ishares Broad Global Govt Bond UCITS ETF AccumUSD | 0.11% | -1.3% | — | — | | Ishares Broad Global Govt Bond UCITS ETF USD | 0.10% | -1.9% | — | — | | iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP (this fund) | 1.00% | -1.2% | — | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **1.00%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Treasury Note | 26.43% | | China Peoples Republic of (Governm | 12.15% | | Treasury Bond | 6.53% | | UK CONV GILT RegS | 4.94% | | GERMANY (FEDERAL REPUBLIC OF) RegS | 3.97% | | FRANCE (REPUBLIC OF) RegS | 3.34% | | Spain (Kingdom Of) | 3.06% | | Italy (Republic Of) | 2.34% | | ITALY (REPUBLIC OF) RegS | 2.31% | | France (Republic Of) | 2.10% | ## 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 sector As published by iShares, as of 29/09/2026. | Sector | Weight | |---|---| | Treasury | 99.5% | | Cash and derivatives | 0.5% | ### By country As published by iShares, as of 29/09/2026. | Country | Weight | |---|---| | United States | 35.1% | | Japan | 13.6% | | China | 12.1% | | United Kingdom | 5.5% | | France | 5.4% | | Italy | 4.8% | | Germany | 4.4% | | Spain | 3.2% | | Other countries | 15.9% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Bonds | 99.5% | | Cash and money market | 0.4% | All 335 holdings: https://fundology.uk/fund/igbs/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.