# iShares US Mortgage Backed Securities UCITS ETF Hedged GBP (IMGP) **Source:** https://fundology.uk/fund/imgp · ISIN IE000MFEI2J0 · 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, IMGP (iShares US Mortgage Backed Securities UCITS ETF Hedged GBP, ISIN IE000MFEI2J0) closed at £4.79 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the three years to 30/09/2026 its total return was +4.2%, or −6.0% after UK CPIH inflation. ## Summary iShares US Mortgage Backed Securities UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from iShares, launched in 2022. It tracks the Bloomberg U.S. MBS Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.3% a year — about £30 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: **£4.79** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IMGP | | ISIN | IE000MFEI2J0 | | Category | Corporate & other bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg U.S. MBS Index | | Income | Distributing | | Ongoing charge | 0.30% a year (£30 per £10,000) | | Fund size | £135m | | Launched | 2022 | | 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 | -2.05% | -5.12% | income reinvested | | 3 years | +4.17% | -6.00% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares US Mortgage Backed Securities UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2023 −0.4%, 2024 −2.8%, 2025 +4.2%; 2026 to 30/09/2026 −5.6%. Returns of iShares US Mortgage Backed Securities UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −6.0%; to 30/09/2025: −0.9%; to 30/09/2024: +7.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | -0.4% | -4.4% | Price | | 2024 | -2.8% | -6.1% | Price | | 2025 | +4.2% | +0.7% | Price | | 2026 to 30/09/2026 | -5.6% | -8.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.03% | -7.56% | | 3 years | 6.57% | -7.56% | ## Largest fall Volatility of iShares US Mortgage Backed Securities UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 30/09/2026: 5.0% over 1 year, 6.6% over 3 years. Largest fall in the price of iShares US Mortgage Backed Securities UCITS ETF Hedged GBP since October 2022, in pounds: −10.4% from 03/02/2023 to 20/10/2023. The lowest 12-month return of iShares US Mortgage Backed Securities UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since October 2022 was −6.4% (12 months to 30/09/2026); the highest was +9.0% (12 months to 18/10/2024). On 30/09/2026 the price of iShares US Mortgage Backed Securities UCITS ETF Hedged GBP was 7.6% below its highest weekly close since October 2022 (27/02/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares US Mortgage Backed Securities UCITS ETF Hedged GBP 0.30% a year, as of 01/10/2026: 131 of the 383 other corporate and other bond funds charge more, 20 the same and 232 less (share classes counted once). ## Funds tracking the same index 3 funds track Bloomberg U.S. MBS Index, this one included and share classes counted once; their ongoing charges range from 0.28% to 0.30% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares US Mortgage Backed Securities UCITS ETF Acc | 0.28% | -0.8% | +4.5% | -2.0% | | iShares US Mortgage Backed Securities UCITS ETF Hedged GBP (this fund) | 0.30% | -2.0% | +4.2% | — | | iShares US Mortgage Backed Securities UCITS ETF USD | 0.28% | -0.5% | +4.4% | -1.0% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.30%** per year - ISA eligible: yes - SIPP eligible: yes --- 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.