# L&G UK Gilt 0-5 Year UCITS ETF GBP (UKG5)

**Source:** https://fundology.uk/fund/ukg5 · ISIN IE00BLRPQK69 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## 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 30/09/2026, UKG5 (L&G UK Gilt 0-5 Year UCITS ETF GBP, ISIN IE00BLRPQK69) closed at £9.23 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the five years to 30/09/2026 its total return was +5.9%, or −17.2% 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: **£9.23** (30/09/2026).

## 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 | £215m |
| Launched | 2020 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +2.15% | -1.05% | income reinvested |
| 3 years | +11.76% | +0.85% | income reinvested |
| 5 years | +5.89% | -17.23% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS 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 −1.5%, 2025 +1.0%; 2026 to 30/09/2026 −2.9%. 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: −1.5%; to 30/09/2025: −0.5%; to 30/09/2024: +1.7%; to 30/09/2023: +1.6%; to 30/09/2022: −7.9%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -4.8% | -12.8% | Price |
| 2023 | +1.8% | -2.3% | Price |
| 2024 | -1.5% | -4.8% | Price |
| 2025 | +1.0% | -2.4% | Price |
| 2026 to 30/09/2026 | -2.9% | -5.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 3.58% | -3.41% |
| 3 years | 3.34% | -3.46% |
| 5 years | 3.40% | -8.10% |

## Largest fall

Volatility of L&G UK Gilt 0-5 Year UCITS ETF GBP in pounds, annualised from weekly returns to 30/09/2026: 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 October 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 30/09/2026 the price of L&G UK Gilt 0-5 Year UCITS ETF GBP was 6.9% below its highest weekly close since October 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, as of 01/10/2026: 245 of the 274 other government bond funds charge more, 23 the same and 6 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.06%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.