# L&G UK Gilt 0-5 Year UCITS ETF GBP (UKG5) **Page:** https://fundology.uk/fund/ukg5 · ISIN IE00BLRPQK69 ## 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, 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. ## Summary 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. Latest close: **£9.28** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | UKG5 | | ISIN | IE00BLRPQK69 | | Category | Government bonds | | Type | ETF | | Provider | L&G | | Tracks | J.P. Morgan Government Bond Index (GBI) United Kingdom Short-term Custom Maturity Index | | Income | Distributing | | Ongoing charge | 0.06% a year (£6 per £10,000) | | Fund size | £306m | | Launched | 2020 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 03/12/2020 | ## 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 | +1.65% | -1.95% | income reinvested | | 3 years | +11.09% | +0.37% | income reinvested | | 5 years | +6.44% | -16.92% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year 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 CPIH inflation | Measured as | |---|---|---|---| | 2022 | -4.8% | -12.8% | Price | | 2023 | +1.8% | -2.3% | Price | | 2024 | -1.4% | -4.7% | Price | | 2025 | +1.0% | -2.4% | Price | | 2026 to 13/11/2026 | -2.5% | -5.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 3.57% | -3.41% | | 3 years | 3.33% | -3.46% | | 5 years | 3.39% | -8.10% | ## Largest fall 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. ## Charges compared with similar funds 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). ## Charges & eligibility - Ongoing charges figure (OCF): **0.06%** 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 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. ## Fund documents - [Fund page at L&G](https://fundcentres.landg.com/en/uk/private-investors/fund-centre/ETF/UK-Gilt-0-5-Year/IE00BLRPQK69/) - 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.