# iShares Global Inflation Linked Govt Bond UCITS ETF (SGIL) **Page:** https://fundology.uk/fund/sgil · ISIN IE00B3B8PX14 ## 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, SGIL (iShares Global Inflation Linked Govt Bond UCITS ETF, ISIN IE00B3B8PX14) closed at £121.25 on the London Stock Exchange. Its ongoing charge is 0.22% a year (about £22 on £10,000). Over the five years to 13/11/2026 its total return was −15.7%, or −34.2% after UK CPIH inflation. ## Summary iShares Global Inflation Linked Govt Bond UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2008. It tracks the Bloomberg World Govt Inflation-Linked. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.22% a year — about £22 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. Latest close: **£121.25** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | SGIL | | ISIN | IE00B3B8PX14 | | Also listed as | IGIL (London Stock Exchange, US dollars), IUS5 (Xetra, euros) | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg World Govt Inflation-Linked | | Income | Accumulating | | Ongoing charge | 0.22% a year (£22 per £10,000) | | Fund size | £388m | | Launched | 2008 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/05/2010 | ## 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 | -2.23% | -5.69% | income reinvested | | 3 years | +1.32% | -8.46% | income reinvested | | 5 years | -15.68% | -34.18% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares Global Inflation Linked Govt Bond UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −12.5%, 2023 −0.6%, 2024 −1.1%, 2025 +0.1%; 2026 to 13/11/2026 −0.3%. Returns of iShares Global Inflation Linked Govt Bond UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −0.6%; to 30/09/2025: +0.6%; to 30/09/2024: +1.6%; to 30/09/2023: −7.8%; to 30/09/2022: −6.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -12.5% | -19.9% | Price | | 2023 | -0.6% | -4.6% | Price | | 2024 | -1.1% | -4.5% | Price | | 2025 | +0.1% | -3.3% | Price | | 2026 to 13/11/2026 | -0.3% | -3.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.20% | -3.79% | | 3 years | 5.59% | -5.40% | | 5 years | 7.63% | -20.03% | ## Largest fall Volatility of iShares Global Inflation Linked Govt Bond UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 4.2% over 1 year, 5.6% over 3 years, 7.6% over 5 years. Largest fall in the price of iShares Global Inflation Linked Govt Bond UCITS ETF since November 2021, in pounds: −20.0% from 03/12/2021 to 06/10/2023. The lowest 12-month return of iShares Global Inflation Linked Govt Bond UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −14.3% (12 months to 09/12/2022); the highest was +10.7% (12 months to 11/03/2022). On 13/11/2026 the price of iShares Global Inflation Linked Govt Bond UCITS ETF was 16.8% below its highest weekly close since November 2021 (03/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of iShares Global Inflation Linked Govt Bond UCITS ETF 0.22% a year. Compared on 14/11/2026, 52 of the 311 other government bond funds charge more, 7 the same and 252 less (share classes counted once). ## Funds tracking the same index 5 funds track Bloomberg World Govt Inflation-Linked, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.25% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares Global Inflation Linked Govt Bond UCITS ETF (this fund) | 0.22% | -2.2% | +1.3% | -15.7% | | iShares Global Inflation Linked Govt Bond UCITS ETF EUR Hedged Dist | 0.25% | -6.9% | -0.9% | -21.8% | | iShares III PLC - iShares Global Inflation Linked Government Bond UCITS ETF Hedged GBP | 0.20% | -0.1% | +8.6% | +4.4% | | Xtrackers II Global Inflation-Linked Bond UCITS ETF Acc | 0.20% | -2.3% | +2.0% | -14.9% | | Xtrackers II Global Inflation-Linked Bond UCITS ETF EUR Hedged Acc | 0.25% | -7.0% | -0.8% | -21.1% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.22%** 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 06/11/2026, SGIL holds 155 positions, according to its published holdings. The largest is Treasury (Cpi) Note 2.13% 15/01/2035 at 1.89% of the fund; the ten largest make up 16.8%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Treasury (Cpi) Note 2.13% 15/01/2035 | — | 1.89% | | 2 | Treasury (Cpi) Note 0.50% 15/01/2028 | — | 1.73% | | 3 | Treasury (Cpi) Note 1.88% 15/01/2036 | — | 1.71% | | 4 | Treasury (Cpi) Note 1.13% 15/10/2030 | — | 1.68% | | 5 | Treasury (Cpi) Note 1.88% 15/07/2034 | — | 1.68% | | 6 | Treasury (Cpi) Note 1.63% 15/04/2030 | — | 1.64% | | 7 | Treasury (Cpi) Note 1.25% 15/04/2031 | — | 1.63% | | 8 | Treasury (Cpi) Note 1.88% 15/07/2035 | — | 1.63% | | 9 | Treasury (Cpi) Note 0.13% 15/01/2031 | — | 1.59% | | 10 | Treasury (Cpi) Note 0.63% 15/07/2032 | — | 1.59% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector As published for the fund, as of 06/11/2026. | Sector | Weight | |---|---| | Treasury | 99.7% | | Cash and derivatives | 0.3% | ### By country As published for the fund, as of 06/11/2026. | Country | Weight | |---|---| | United States | 52.2% | | United Kingdom | 22.0% | | France | 8.3% | | Italy | 7.0% | | Spain | 3.3% | | Germany | 1.9% | | Japan | 1.6% | | Canada | 1.3% | | Other countries | 2.4% | ### By type of asset Added up from the fund’s published holdings, as of 06/11/2026. | Type of asset | Weight | |---|---| | Bonds | 99.7% | | Cash and money market | 0.3% | All 157 holdings: https://fundology.uk/fund/sgil/holdings ## Questions people ask **What is the ongoing charge of SGIL?** The ongoing charge of SGIL is 0.22% a year — about £22 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 Global Inflation Linked Govt Bond UCITS ETF 0.22% a year. Compared on 14/11/2026, 52 of the 311 other government bond funds charge more, 7 the same and 252 less (share classes counted once). **What does SGIL track?** SGIL tracks the Bloomberg World Govt Inflation-Linked. **Is SGIL accumulating or distributing?** SGIL is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of SGIL?** The ISIN of SGIL is IE00B3B8PX14. An ISIN identifies one exact share class of a fund; SGIL is its ticker on the London Stock Exchange. The same share class is also listed as IGIL (London Stock Exchange, US dollars) and IUS5 (Xetra, euros). **What does SGIL hold?** As of 06/11/2026, SGIL holds 155 positions, according to its published holdings. The largest is Treasury (Cpi) Note 2.13% 15/01/2035 at 1.89% of the fund; the ten largest make up 16.8%. Its ten largest holdings are Treasury (Cpi) Note 2.13% 15/01/2035 (1.89%), Treasury (Cpi) Note 0.50% 15/01/2028 (1.73%), Treasury (Cpi) Note 1.88% 15/01/2036 (1.71%), Treasury (Cpi) Note 1.13% 15/10/2030 (1.68%), Treasury (Cpi) Note 1.88% 15/07/2034 (1.68%), Treasury (Cpi) Note 1.63% 15/04/2030 (1.64%), Treasury (Cpi) Note 1.25% 15/04/2031 (1.63%), Treasury (Cpi) Note 1.88% 15/07/2035 (1.63%), Treasury (Cpi) Note 0.13% 15/01/2031 (1.59%) and Treasury (Cpi) Note 0.63% 15/07/2032 (1.59%). **What were SGIL’s returns in each of the last five years?** Calendar-year returns of SGIL in pounds (price, with income reinvested in the fund): 2022 −12.5%, 2023 −0.6%, 2024 −1.1%, 2025 +0.1%; 2026 to 13/11/2026 −0.3%. Past performance is not a guide to future returns. **How has SGIL done after inflation?** Over the five years to 13/11/2026 SGIL’s total return was −15.7%, or −34.2% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/251746/ishares-global-inflation-linked-government-bond-ucits-etf) - [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-global-inflation-linked-govt-bond-ucits-etf-usd-acc-gb-ie00b3b8px14-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/igil-ishares-global-inflation-linked-govt-bond-ucits-etf-fund-fact-sheet-en-gb.pdf) - Links checked 12/10/2026. --- 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.