# iShares Japan Govt Bond UCITS ETF Hedged GBP (JGBH) **Source:** https://fundology.uk/fund/jgbh · ISIN IE0009SA6OY7 · 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 01/10/2026, JGBH (iShares Japan Govt Bond UCITS ETF Hedged GBP, ISIN IE0009SA6OY7) closed at £4.77 on the London Stock Exchange. Its ongoing charge is 0.11% a year (about £11 on £10,000). Over the year to 01/10/2026 its total return was −2.6%, or −5.6% after UK CPIH inflation. ## Summary iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from iShares, launched in 2025. It tracks the Bloomberg Japan Treasury Index - JPY - 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 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: **£4.77** (01/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | JGBH | | ISIN | IE0009SA6OY7 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg Japan Treasury Index - JPY - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.11% a year (£11 per £10,000) | | Fund size | £412m | | Launched | 2025 | | Domicile | Ireland | ## Past returns (periods to 01/10/2026) 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 | -2.58% | -5.64% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2026 to 01/10/2026 −3.5%. Returns of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 01/10/2026 | -3.5% | -6.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 3.46% | -5.87% | ## Largest fall Volatility of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 01/10/2026: 3.5% over 1 year. Largest fall in the price of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP since August 2025, in pounds: −5.9% from 31/10/2025 to 24/09/2026. On 01/10/2026 the price of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP was 5.6% below its highest weekly close since August 2025 (31/10/2025), in pounds. ## Charges compared with similar funds Ongoing charge of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP 0.11% a year, as of 02/10/2026: 157 of the 275 other government bond funds charge more, 4 the same and 114 less (share classes counted once). ## Funds tracking the same index 2 funds track Bloomberg Japan Treasury Index - JPY - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.09% to 0.11% a year (01/10/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares Japan Govt Bond UCITS ETF AccumHedged GBP | 0.09% | -2.6% | — | — | | iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP (this fund) | 0.11% | -2.6% | — | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.11%** per year - ISA eligible: yes - SIPP eligible: yes ## Questions people ask **What is the ongoing charge of JGBH?** The ongoing charge of JGBH 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 V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP 0.11% a year, as of 02/10/2026: 157 of the 275 other government bond funds charge more, 4 the same and 114 less (share classes counted once). **What does JGBH track?** JGBH tracks the Bloomberg Japan Treasury Index - JPY - Benchmark TR Net. **Is JGBH accumulating or distributing?** JGBH 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 JGBH?** The ISIN of JGBH is IE0009SA6OY7. An ISIN identifies one exact share class of a fund; JGBH is its ticker on the London Stock Exchange. **What were JGBH’s returns in each of the last five years?** Calendar-year returns of JGBH in pounds (price only, income paid out not included): 2026 to 01/10/2026 −3.5%. Past performance is not a guide to future returns. **How has JGBH done after inflation?** Over the year to 01/10/2026 JGBH’s total return was −2.6%, or −5.6% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.