# iShares Global Govt Bond UCITS ETF Hedged GBP (IGLH)

**Source:** https://fundology.uk/fund/iglh · ISIN IE00BDFK3H31 · 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, IGLH (iShares Global Govt Bond UCITS ETF Hedged GBP, ISIN IE00BDFK3H31) closed at £4.38 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 30/09/2026 its total return was −8.3%, or −28.3% after UK CPIH inflation.

## Summary

iShares Global Govt Bond UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the FTSE G7 Government Bond Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 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: **£4.38** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IGLH |
| ISIN | IE00BDFK3H31 |
| Category | Government bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | FTSE G7 Government Bond Index |
| Income | Distributing |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £362m |
| Launched | 2018 |
| 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 | -2.18% | -5.25% | income reinvested |
| 3 years | +7.09% | -3.36% | income reinvested |
| 5 years | -8.28% | -28.30% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares Global Govt Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2022 −14.2%, 2023 +3.2%, 2024 −1.9%, 2025 +0.5%; 2026 to 30/09/2026 −5.5%. Returns of iShares Global Govt Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.0%; to 30/09/2025: −2.2%; to 30/09/2024: +6.1%; to 30/09/2023: −3.2%; to 30/09/2022: −13.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -14.2% | -21.4% | Price |
| 2023 | +3.2% | -0.9% | Price |
| 2024 | -1.9% | -5.2% | Price |
| 2025 | +0.5% | -2.9% | Price |
| 2026 to 30/09/2026 | -5.5% | -8.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 4.04% | -6.13% |
| 3 years | 4.90% | -7.40% |
| 5 years | 5.24% | -18.31% |

## Largest fall

Volatility of iShares Global Govt Bond UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 30/09/2026: 4.0% over 1 year, 4.9% over 3 years, 5.2% over 5 years. Largest fall in the price of iShares Global Govt Bond UCITS ETF Hedged GBP since October 2021, in pounds: −18.3% from 03/12/2021 to 30/09/2026. The lowest 12-month return of iShares Global Govt Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since January 2021 was −15.4% (12 months to 04/11/2022); the highest was +6.3% (12 months to 18/10/2024). On 30/09/2026 the price of iShares Global Govt Bond UCITS ETF Hedged GBP was 18.3% below its highest weekly close since October 2021 (03/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Global Govt Bond UCITS ETF Hedged GBP 0.25% a year, as of 01/10/2026: 28 of the 274 other government bond funds charge more, 14 the same and 232 less (share classes counted once).

## Funds tracking the same index

3 funds track FTSE G7 Government Bond Index, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.25% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares Global Govt Bond UCITS ETF | 0.20% | -3.1% | -2.4% | -15.3% |
| iShares Global Govt Bond UCITS ETF Accum USD | 0.20% | -3.4% | -2.4% | -16.1% |
| iShares Global Govt Bond UCITS ETF Hedged GBP (this fund) | 0.25% | -2.2% | +7.1% | -8.3% |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.25%** 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.
