# iShares Moderate Portfolio UCITS ETF Accum Hedged GBP (MAMG)

**Source:** https://fundology.uk/fund/mamg · ISIN IE00BLLZQ797 · 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, MAMG (iShares Moderate Portfolio UCITS ETF Accum Hedged GBP, ISIN IE00BLLZQ797) closed at £7.27 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 +16.5%, or −9.0% after UK CPIH inflation.

## Summary

iShares Moderate Portfolio UCITS ETF Accum Hedged GBP is an exchange-traded fund (ETF) from iShares, launched in 2020. It tracks the No Underlying 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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£7.27** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | MAMG |
| ISIN | IE00BLLZQ797 |
| Category | Ready-made mixes |
| Type | ETF |
| Provider | iShares |
| Income | Accumulating |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £19.3m |
| Launched | 2020 |
| 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 | +9.78% | +6.34% | income reinvested |
| 3 years | +38.43% | +24.91% | income reinvested |
| 5 years | +16.45% | -8.97% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares Moderate Portfolio UCITS ETF Accum Hedged GBP in pounds (price, with income reinvested in the fund): 2022 −14.5%, 2023 +10.0%, 2024 +11.1%, 2025 +9.0%; 2026 to 30/09/2026 +7.2%. Returns of iShares Moderate Portfolio UCITS ETF Accum Hedged GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +10.4%; to 30/09/2025: +8.1%; to 30/09/2024: +16.2%; to 30/09/2023: +5.3%; to 30/09/2022: −13.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -14.5% | -21.8% | Price |
| 2023 | +10.0% | +5.6% | Price |
| 2024 | +11.1% | +7.3% | Price |
| 2025 | +9.0% | +5.3% | Price |
| 2026 to 30/09/2026 | +7.2% | +4.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.34% | -5.05% |
| 3 years | 7.15% | -8.70% |
| 5 years | 7.99% | -17.31% |

## Largest fall

Volatility of iShares Moderate Portfolio UCITS ETF Accum Hedged GBP in pounds, annualised from weekly returns to 30/09/2026: 6.3% over 1 year, 7.1% over 3 years, 8.0% over 5 years. Largest fall in the price of iShares Moderate Portfolio UCITS ETF Accum Hedged GBP since October 2021, in pounds: −17.3% from 31/12/2021 to 21/10/2022. The lowest 12-month return of iShares Moderate Portfolio UCITS ETF Accum Hedged GBP in pounds (price, with income reinvested in the fund) since January 2021 was −15.6% (12 months to 04/11/2022); the highest was +21.2% (12 months to 25/10/2024). On 30/09/2026 the price of iShares Moderate Portfolio UCITS ETF Accum Hedged GBP was 1.4% below its highest weekly close since October 2021 (07/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Moderate Portfolio UCITS ETF Accum Hedged GBP 0.25% a year, as of 01/10/2026: 11 of the 42 other ready-made mixed funds charge more, 0 the same and 31 less (share classes counted once).

## 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.