ETF · L&G
UKG5 L&G UK Gilt 0-5 Year UCITS ETF GBP
ISIN IE00BLRPQK69London Stock Exchange: UKG5Legal & General Group Plc
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£9.28
on
- Ongoing charge
- 0.06% a year
- Fund size
- £306m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, UKG5 (L&G UK Gilt 0-5 Year UCITS ETF GBP, ISIN IE00BLRPQK69) closed at £9.28 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the five years to 13/11/2026 its total return was +6.4%, or −16.9% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +1.6%
- −2.0% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +11.1%
- +0.4% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +6.4%
- −16.9% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,064 on 13/11/2026 — about £831 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of L&G UK Gilt 0-5 Year UCITS ETF GBP in pounds (price only, income paid out not included): 2022 −4.8%, 2023 +1.8%, 2024 −1.4%, 2025 +1.0%; 2026 to 13/11/2026 −2.5%. Returns of L&G UK Gilt 0-5 Year UCITS ETF GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −1.7%; to 30/09/2025: −0.3%; to 30/09/2024: +1.7%; to 30/09/2023: +1.6%; to 30/09/2022: −7.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −2.5% | −5.7% | |
| to | +1.0% | −2.4% | |
| to | −1.4% | −4.7% | |
| +1.8% | −2.3% | ||
| −4.8% | −12.8% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −1.7% | −5.2% |
| from | −0.3% | −4.1% |
| from | +1.7% | −0.9% |
| from | +1.6% | −4.5% |
| from | −7.8% | −15.3% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
3.4%over 5 years
| 1 year | 3.6% |
|---|---|
| 3 years | 3.3% |
| 5 years | 3.4% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −8.1%
- From to
- Lowest 12-month return
- −7.8%
- 12 months to
- Highest 12-month return
- +3.1%
- 12 months to
- Below its highest weekly close since November 2021
- 6.5%
- High of , latest
In words: Volatility of L&G UK Gilt 0-5 Year UCITS ETF GBP in pounds, annualised from weekly returns to 13/11/2026: 3.6% over 1 year, 3.3% over 3 years, 3.4% over 5 years. Largest fall in the price of L&G UK Gilt 0-5 Year UCITS ETF GBP since November 2021, in pounds: −8.1% from 10/12/2021 to 18/08/2023. The lowest 12-month return of L&G UK Gilt 0-5 Year UCITS ETF GBP in pounds (price only, income paid out not included) since January 2021 was −7.8% (12 months to 30/09/2022); the highest was +3.1% (12 months to 05/07/2024). On 13/11/2026 the price of L&G UK Gilt 0-5 Year UCITS ETF GBP was 6.5% below its highest weekly close since November 2021 (10/12/2021), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.06%
- a year
- On £10,000
- £6
- a year, roughly
- Over five years
- £30
- of £10,000, before growth
- 13 charge less
- 26 the same
- 272 charge more
Ongoing charge of L&G UK Gilt 0-5 Year UCITS ETF GBP 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
L&G UK Gilt 0-5 Year UCITS ETF GBP is an exchange-traded fund (ETF) from L&G, launched in 2020.
It tracks the J.P. Morgan Government Bond Index (GBI) United Kingdom Short-term Custom Maturity Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.06% a year — about £6 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.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- UKG5
- ISIN
- IE00BLRPQK69
- Provider
- L&G
- Tracks
- J.P. Morgan Government Bond Index (GBI) United Kingdom Short-term Custom Maturity Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.06% a year · about £6 on £10,000
- Fund size
- £306m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Over the last year, the closing price went from £9.47 on 14/11/2025 to £9.28 on 13/11/2026 (−2.0%). The lowest close shown was £9.22 on 24/09/2026 and the highest £9.55 on 09/01/2026.
One close a week. Before 27/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
260 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 252 rolling 12-month returns since January 2021, and of 148 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since November 2021, in pounds, with how many weeks it took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (152 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of UKG5?
The ongoing charge of UKG5 is 0.06% a year — about £6 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 L&G UK Gilt 0-5 Year UCITS ETF GBP 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once).
What does UKG5 track?
UKG5 tracks the J.P. Morgan Government Bond Index (GBI) United Kingdom Short-term Custom Maturity Index.
Is UKG5 accumulating or distributing?
UKG5 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 UKG5?
The ISIN of UKG5 is IE00BLRPQK69. An ISIN identifies one exact share class of a fund; UKG5 is its ticker on the London Stock Exchange.
What were UKG5’s returns in each of the last five years?
Calendar-year returns of UKG5 in pounds (price only, income paid out not included): 2022 −4.8%, 2023 +1.8%, 2024 −1.4%, 2025 +1.0%; 2026 to 13/11/2026 −2.5%. Past performance is not a guide to future returns.
How has UKG5 done after inflation?
Over the five years to 13/11/2026 UKG5’s total return was +6.4%, or −16.9% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at L&G (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.