# Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution (PRHG)

**Page:** https://fundology.uk/fund/prhg · ISIN LU2977996904

## 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 13/11/2026, PRHG (Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution, ISIN LU2977996904) closed at £10.03 on the London Stock Exchange. Its ongoing charge is 0.09% a year (about £9 on £10,000). Over the year to 13/11/2026 its total return was −0.9%, or −4.4% after UK CPIH inflation.

## Summary

Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution is an exchange-traded fund (ETF) from Amundi, launched in 2025. It tracks the Solactive Global Developed Government Bond Index TR EUR. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.09% a year — about £9 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: **£10.03** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | PRHG |
| ISIN | LU2977996904 |
| Category | Government bonds |
| Type | ETF |
| Provider | Amundi |
| Tracks | Solactive Global Developed Government Bond Index TR EUR |
| Income | Distributing |
| Ongoing charge | 0.09% a year (£9 per £10,000) |
| Fund size | £66.5m |
| Launched | 2025 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/10/2024 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -0.91% | -4.42% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution in pounds (price only, income paid out not included): 2026 to 13/11/2026 −1.0%. Returns of Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −3.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 13/11/2026 | -1.0% | -4.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 3.87% | -3.97% |

## Largest fall

Volatility of Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution in pounds, annualised from weekly returns to 13/11/2026: 3.9% over 1 year. Largest fall in the price of Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution since June 2025, in pounds: −4.0% from 27/02/2026 to 02/10/2026. On 13/11/2026 the price of Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution was 2.9% below its highest weekly close since June 2025 (27/02/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution 0.09% a year. Compared on 14/11/2026, 224 of the 311 other government bond funds charge more, 14 the same and 73 less (share classes counted once).

## Funds tracking the same index

2 funds track Solactive Global Developed Government Bond Index TR EUR, this one included and share classes counted once; their ongoing charges range from 0.07% to 0.09% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution (this fund) | 0.09% | -0.9% | — | — |
| Amundi Prime Global Government Bond UCITS ETF DR Distribution | 0.07% | -4.6% | -0.8% | -14.5% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.09%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 11/11/2026, PRHG holds 1,076 positions, according to its published holdings. The largest is UNITED ST TSY 4.25% 15May35 at 0.44% of the fund; the ten largest make up 4.1%.

### Top holdings

Largest positions (as of 11/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | UNITED ST TSY 4.25% 15May35 | — | 0.44% |
| 2 | UNITED ST TSY 4.375% 15May36 | — | 0.44% |
| 3 | UNITED ST TSY 4.375% 15May34 | — | 0.43% |
| 4 | UNITED ST TSY 4% 15Feb34 | — | 0.42% |
| 5 | UNITED ST TSY 4.625% 15Feb35 | — | 0.42% |
| 6 | UNITED ST TSY 3.5% 31Jan28 | — | 0.41% |
| 7 | UNITED ST TSY 4.25% 15Nov34 | — | 0.41% |
| 8 | UNITED ST TSY 4% 15Nov35 | — | 0.39% |
| 9 | UNITED ST TSY 4% 28Feb30 | — | 0.39% |
| 10 | UNITED ST TSY 4.125% 15Feb36 | — | 0.39% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By country

As published for the fund, as of 04/11/2026.

| Country | Weight |
|---|---|
| United States | 50.3% |
| Japan | 10.7% |
| France | 7.3% |
| Italy | 6.6% |
| United Kingdom | 6.3% |
| Germany | 6.0% |
| Spain | 4.5% |
| Canada | 2.6% |
| Other countries | 5.7% |

The 1,049 holdings on record (of 1,076 reported): https://fundology.uk/fund/prhg/holdings

## Questions people ask

**What is the ongoing charge of PRHG?**

The ongoing charge of PRHG is 0.09% a year — about £9 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 Amundi Index Solutions - Prime Glb Govt Bond UCITS ETF Hedge- Distribution 0.09% a year. Compared on 14/11/2026, 224 of the 311 other government bond funds charge more, 14 the same and 73 less (share classes counted once).

**What does PRHG track?**

PRHG tracks the Solactive Global Developed Government Bond Index TR EUR.

**Is PRHG accumulating or distributing?**

PRHG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual.

**What is the ISIN of PRHG?**

The ISIN of PRHG is LU2977996904. An ISIN identifies one exact share class of a fund; PRHG is its ticker on the London Stock Exchange.

**What does PRHG hold?**

As of 11/11/2026, PRHG holds 1,076 positions, according to its published holdings. The largest is UNITED ST TSY 4.25% 15May35 at 0.44% of the fund; the ten largest make up 4.1%. Its ten largest holdings are UNITED ST TSY 4.25% 15May35 (0.44%), UNITED ST TSY 4.375% 15May36 (0.44%), UNITED ST TSY 4.375% 15May34 (0.43%), UNITED ST TSY 4% 15Feb34 (0.42%), UNITED ST TSY 4.625% 15Feb35 (0.42%), UNITED ST TSY 3.5% 31Jan28 (0.41%), UNITED ST TSY 4.25% 15Nov34 (0.41%), UNITED ST TSY 4% 15Nov35 (0.39%), UNITED ST TSY 4% 28Feb30 (0.39%) and UNITED ST TSY 4.125% 15Feb36 (0.39%).

**What were PRHG’s returns in each of the last five years?**

Calendar-year returns of PRHG in pounds (price only, income paid out not included): 2026 to 13/11/2026 −1.0%. Past performance is not a guide to future returns.

**How has PRHG done after inflation?**

Over the year to 13/11/2026 PRHG’s total return was −0.9%, or −4.4% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at Amundi](https://www.amundietf.co.uk/en/professional/products/fixed-income/amundi-prime-global-government-bond-ucits-etf-gbp-hedged-dist/lu2977996904)
- Links checked 12/10/2026.

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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.