# iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP (SNGB) **Page:** https://fundology.uk/fund/sngb · ISIN IE000D352U62 ## 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, SNGB (iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP, ISIN IE000D352U62) closed at £5.12 on the London Stock Exchange. Its ongoing charge is 0.59% a year (about £59 on £10,000). Over the three years to 13/11/2026 its total return was +8.3%, or −2.2% after UK CPIH inflation. ## Summary iShares V PLC - iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP is an exchange-traded fund (ETF) from iShares, launched in 2023. It tracks the JP Morgan CEMBI Broad Diversified Core MVB. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.59% a year — about £59 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: **£5.12** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | SNGB | | ISIN | IE000D352U62 | | Category | Corporate & other bonds | | Type | ETF | | Provider | iShares | | Tracks | JP Morgan CEMBI Broad Diversified Core MVB | | Income | Distributing | | Ongoing charge | 0.59% a year (£59 per £10,000) | | Fund size | £33.8m | | Launched | 2023 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 20/09/2023 | ## 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 | +0.81% | -2.76% | income reinvested | | 3 years | +8.26% | -2.19% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares V PLC - iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP in pounds (price only, income paid out not included): 2024 +0.5%, 2025 +2.3%; 2026 to 13/11/2026 −4.4%. Returns of iShares V PLC - iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −6.6%; to 30/09/2025: 0.0%; to 30/09/2024: +9.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2024 | +0.5% | -3.0% | Price | | 2025 | +2.3% | -1.2% | Price | | 2026 to 13/11/2026 | -4.4% | -7.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.88% | -7.39% | | 3 years | 4.92% | -7.39% | ## Largest fall Volatility of iShares V PLC - iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP in pounds, annualised from weekly returns to 13/11/2026: 4.9% over 1 year, 4.9% over 3 years. Largest fall in the price of iShares V PLC - iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP since September 2023, in pounds: −7.4% from 28/11/2025 to 02/10/2026. The lowest 12-month return of iShares V PLC - iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP in pounds (price only, income paid out not included) since September 2023 was −6.8% (12 months to 02/10/2026); the highest was +10.8% (12 months to 18/10/2024). On 13/11/2026 the price of iShares V PLC - iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP was 6.7% below its highest weekly close since September 2023 (28/11/2025), in pounds. ## Charges compared with similar funds Ongoing charge of iShares V PLC - iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP 0.59% a year. Compared on 14/11/2026, 32 of the 427 other corporate and other bond funds charge more, 0 the same and 395 less (share classes counted once). ## Funds tracking the same index 3 funds track JP Morgan CEMBI Broad Diversified Core MVB, this one included and share classes counted once; their ongoing charges range from 0.50% to 0.59% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares JP Morgan USD EM Corp Bond UCITS ETF | 0.50% | +0.7% | +13.5% | +11.1% | | iShares JP Morgan USD EM Corp Bond UCITS ETF USD | 0.50% | -0.2% | +12.3% | +11.5% | | iShares V PLC - iShares JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP (this fund) | 0.59% | +0.8% | +8.3% | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.59%** per year (as of 04/11/2026) - 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, SNGB holds 1,292 positions, according to its published holdings. The largest is DIGICEL INTERNATIONAL FINANCE LTD RegS 8.63% 01/08/2032 at 0.37% of the fund; the ten largest make up 2.9%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | DIGICEL INTERNATIONAL FINANCE LTD RegS 8.63% 01/08/2032 | — | 0.37% | | 2 | Sands China Ltd 5.40% 08/08/2028 | — | 0.35% | | 3 | Ecopetrol SA 8.88% 13/01/2033 | — | 0.31% | | 4 | YPF SA RegS 8.25% 17/01/2034 | — | 0.31% | | 5 | ORLEN SA RegS 6.00% 30/01/2035 | — | 0.28% | | 6 | FIRST QUANTUM MINERALS LTD RegS 6.38% 15/02/2036 | — | 0.27% | | 7 | FREEPORT INDONESIA PT RegS 5.32% 14/04/2032 | — | 0.27% | | 8 | SAMARCO MINERACAO SA RegS 9.00% 30/06/2031 | — | 0.26% | | 9 | Ecopetrol SA 6.88% 29/04/2030 | — | 0.25% | | 10 | FIRST QUANTUM MINERALS LTD RegS 8.63% 01/06/2031 | — | 0.25% | ## 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 | |---|---| | Industrial | 42.8% | | Financial Institutions | 26.3% | | Agency | 24.3% | | Utility | 5.3% | | Supranational | 1.0% | | Cash and derivatives | 0.2% | | Local Authority | 0.2% | ### By country As published for the fund, as of 06/11/2026. | Country | Weight | |---|---| | Saudi Arabia | 6.3% | | China | 6.2% | | Hong Kong | 5.9% | | Mexico | 5.4% | | Brazil | 5.2% | | United Arab Emirates | 5.1% | | Colombia | 4.1% | | India | 4.1% | | Other countries | 57.6% | ### By type of asset Added up from the fund’s published holdings, as of 06/11/2026. | Type of asset | Weight | |---|---| | Bonds | 99.8% | | Cash and money market | 0.2% | The 1,290 holdings on record (of 1,292 reported): https://fundology.uk/fund/sngb/holdings ## Questions people ask **What is the ongoing charge of SNGB?** The ongoing charge of SNGB is 0.59% a year — about £59 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 JP Morgan USD EM Corp Bond UCITS ETF -Hedged- GBP 0.59% a year. Compared on 14/11/2026, 32 of the 427 other corporate and other bond funds charge more, 0 the same and 395 less (share classes counted once). **What does SNGB track?** SNGB tracks the JP Morgan CEMBI Broad Diversified Core MVB. **Is SNGB accumulating or distributing?** SNGB 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 SNGB?** The ISIN of SNGB is IE000D352U62. An ISIN identifies one exact share class of a fund; SNGB is its ticker on the London Stock Exchange. **What does SNGB hold?** As of 06/11/2026, SNGB holds 1,292 positions, according to its published holdings. The largest is DIGICEL INTERNATIONAL FINANCE LTD RegS 8.63% 01/08/2032 at 0.37% of the fund; the ten largest make up 2.9%. Its ten largest holdings are DIGICEL INTERNATIONAL FINANCE LTD RegS 8.63% 01/08/2032 (0.37%), Sands China Ltd 5.40% 08/08/2028 (0.35%), Ecopetrol SA 8.88% 13/01/2033 (0.31%), YPF SA RegS 8.25% 17/01/2034 (0.31%), ORLEN SA RegS 6.00% 30/01/2035 (0.28%), FIRST QUANTUM MINERALS LTD RegS 6.38% 15/02/2036 (0.27%), FREEPORT INDONESIA PT RegS 5.32% 14/04/2032 (0.27%), SAMARCO MINERACAO SA RegS 9.00% 30/06/2031 (0.26%), Ecopetrol SA 6.88% 29/04/2030 (0.25%) and FIRST QUANTUM MINERALS LTD RegS 8.63% 01/06/2031 (0.25%). **What were SNGB’s returns in each of the last five years?** Calendar-year returns of SNGB in pounds (price only, income paid out not included): 2024 +0.5%, 2025 +2.3%; 2026 to 13/11/2026 −4.4%. Past performance is not a guide to future returns. **How has SNGB done after inflation?** Over the three years to 13/11/2026 SNGB’s total return was +8.3%, or −2.2% 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/333166/ishares-j-p-morgan-em-corp-bond-ucits-etf) - [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-jp-morgan-em-corp-bond-ucits-etf-gbp-hedged-dist-gb-ie000d352u62-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/sngb-ishares-j-p-morgan-em-corp-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.