# UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- Distribution (UBIF) **Page:** https://fundology.uk/fund/ubif · ISIN LU1645380368 ## 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, UBIF (UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- Distribution, ISIN LU1645380368) closed at £11.81 on the London Stock Exchange. Its ongoing charge is 0.09% a year (about £9 on £10,000). Over the five years to 13/11/2026 its total return was +3.9%, or −18.9% after UK CPIH inflation. ## Summary UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- Distribution is an exchange-traded fund (ETF) from UBS, launched in 2017. It tracks the Bloomberg Euro Govt Inflation-Linked (1-10 Y). 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. Latest close: **£11.81** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | UBIF | | ISIN | LU1645380368 | | Also listed as | FRC3 (Xetra, euros) | | Category | Government bonds | | Type | ETF | | Provider | UBS | | Tracks | Bloomberg Euro Govt Inflation-Linked (1-10 Y) | | Income | Distributing | | Ongoing charge | 0.09% a year (£9 per £10,000) | | Fund size | £232m | | Launched | 2017 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 31/10/2017 | ## 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 | -4.77% | -8.15% | income reinvested | | 3 years | +3.29% | -6.68% | income reinvested | | 5 years | +3.90% | -18.90% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- Distribution in pounds (price only, income paid out not included): 2022 −1.8%, 2023 −2.5%, 2024 −5.3%, 2025 +5.0%; 2026 to 13/11/2026 −6.0%. Returns of UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.1%; to 30/09/2025: +4.7%; to 30/09/2024: −1.0%; to 30/09/2023: −4.1%; to 30/09/2022: −5.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -1.8% | -10.1% | Price | | 2023 | -2.5% | -6.4% | Price | | 2024 | -5.3% | -8.5% | Price | | 2025 | +5.0% | +1.4% | Price | | 2026 to 13/11/2026 | -6.0% | -9.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.78% | -8.02% | | 3 years | 4.66% | -8.02% | | 5 years | 5.69% | -12.83% | ## Largest fall Volatility of UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- Distribution in pounds, annualised from weekly returns to 13/11/2026: 4.8% over 1 year, 4.7% over 3 years, 5.7% over 5 years. Largest fall in the price of UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- Distribution since November 2021, in pounds: −12.8% from 06/05/2022 to 13/11/2026. The lowest 12-month return of UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- Distribution in pounds (price only, income paid out not included) since January 2021 was −8.7% (12 months to 30/06/2023); the highest was +7.3% (12 months to 27/02/2026). On 13/11/2026 the price of UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- Distribution was 12.8% below its highest weekly close since November 2021 (06/05/2022), in pounds. ## Charges compared with similar funds Ongoing charge of UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- 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 Bloomberg Euro Govt Inflation-Linked (1-10 Y), this one included and share classes counted once; their ongoing charges range from 0.09% to 0.09% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- Distribution (this fund) | 0.09% | -4.8% | +3.3% | +3.9% | | UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF Shs -(EUR) A-acc- Capitalisation | 0.09% | -3.0% | — | — | 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. ## Questions people ask **What is the ongoing charge of UBIF?** The ongoing charge of UBIF 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 UBS Core BBG Euro Inflation Linked Bond 1-10 UCITS ETF -EUR dis- 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 UBIF track?** UBIF tracks the Bloomberg Euro Govt Inflation-Linked (1-10 Y). **Is UBIF accumulating or distributing?** UBIF 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 UBIF?** The ISIN of UBIF is LU1645380368. An ISIN identifies one exact share class of a fund; UBIF is its ticker on the London Stock Exchange. The same share class is also listed as FRC3 (Xetra, euros). **What were UBIF’s returns in each of the last five years?** Calendar-year returns of UBIF in pounds (price only, income paid out not included): 2022 −1.8%, 2023 −2.5%, 2024 −5.3%, 2025 +5.0%; 2026 to 13/11/2026 −6.0%. Past performance is not a guide to future returns. **How has UBIF done after inflation?** Over the five years to 13/11/2026 UBIF’s total return was +3.9%, or −18.9% 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.