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  • Overview
  • About us

    NAV Price ()
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    Market value ()
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    Holdings
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    About this fund

    Fund objectives

    • The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg Global Treasury Developed Countries Float Adjusted Index (the “Index”).
    • The Fund will invest in a portfolio of local currency government bonds (including callable bonds) from developed countries (as determined by the index provider) that insofar as possible and practicable consists of a representative sample of the component securities of the Index.
    • The index is designed to reflect the universe of float adjusted fixed-rate, investment-grade, local currency government debt of developed (as determined by the index provider) countries. The bonds must have a maturity of at least one year.
    • To a lesser extent the Fund may invest in similar types of bonds outside the Index, but whose risk and return characteristics closely resemble the risk and return characteristics of constituents of the Index or of the Index as a whole.
    • The Fund invests in securities which are denominated in currencies other than the base currency. Movements in currency exchange rates can affect the return of investments. Currency hedging techniques are used to minimise the risks associated with movements in currency exchange rates, where the Fund invests in securities denominated in currencies other than the listing currency, but these risks cannot be eliminated entirely. As this document relates to a share class where such techniques are used, the performance (see "Performance") of this share class is shown against the currency hedged version of the Index.
    • The Fund attempts to remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
    • While the Fund is expected to track the Index as closely as possible, it typically will not match the performance of the targeted Index exactly, due to various factors such as expenses to be paid by the Fund and regulatory constraints. Details of these factors and the anticipated tracking error of the Fund are set out in the Prospectus.

    Fund facts

    Share class inception
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    Share Class Assets'
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    Risk indicator
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    Strategy
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    Index ticker
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    Benchmark
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    Legal entity
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    Register countries
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    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Performance

    Risk and Volatility

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    Sorry, this information is not available yet. It will display a year after inception date.

    Please note Beta and R-squared data will only display for funds with 3 full years of history.

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Portfolio data

    Characteristics
    FundamentalsFundBenchmarkAs at
    Number of bonds 919 1,370 30 Sep 2025
    3.4% 3.4% 30 Sep 2025
    2.9% 2.7% 30 Sep 2025
    8.8 Years 8.8 Years 30 Sep 2025
    AA AA 30 Sep 2025
    6.9 Years 6.9 Years 30 Sep 2025
    Cash Investment 0.2% — 30 Sep 2025

    The allocations are subject to circumstances such as timing differences between trade and settlement dates of underlying securities, that may result in negative weightings. The fund may also employ certain derivative instruments for cash management or risk management purposes that may also result in negative weightings. Allocations are subject to change.

    Cash includes physical cash on the account, cash like instruments (such as ultra-short term treasury bonds) and derivative instruments.

    Market allocation

    As at 30 Sep 2025

    CountryRegionFundBenchmarkVariance +/-
    United States of AmericaNorth America 46.75% 46.68% 0.07%
    JapanPacific 10.74% 10.73% 0.01%
    FranceEurope 7.53% 7.44% 0.09%
    ItalyEurope 7.03% 6.94% 0.09%
    United KingdomEurope 5.80% 5.82% -0.02%
    GermanyEurope 5.72% 5.93% -0.21%
    SpainEurope 4.60% 4.53% 0.07%
    CanadaNorth America 1.91% 1.93% -0.02%
    AustraliaPacific 1.63% 1.61% 0.02%
    BelgiumEurope 1.54% 1.55% -0.01%
    NetherlandsEurope 1.30% 1.29% 0.01%
    AustriaEurope 1.20% 1.15% 0.05%
    PortugalEurope 0.63% 0.61% 0.02%
    FinlandEurope 0.54% 0.53% 0.01%
    SingaporePacific 0.46% 0.45% 0.01%

    Distribution by credit quality (% of funds)

    As at 31 Aug 2025

    Distribution by credit issuer (% of funds)

    As at 31 Aug 2025

    Distribution by credit maturity (% of funds)

    As at 31 Aug 2025

    Holdings details

    As at 30 Sep 2025

    Holding name% of market valueMarket valueFace amountCoupon/YieldMaturity date
    United States Treasury Note/Bond 1.49759% £1,976,848.82 1,970,000 3.88% 31 May 2027
    United States Treasury Note/Bond 1.48913% £1,965,678.20 1,954,000 4.25% 30 Nov 2026
    United States Treasury Note/Bond 1.10131% £1,453,754.53 1,449,000 3.75% 15 May 2028
    United States Treasury Note/Bond 0.85075% £1,123,007.81 1,110,000 4.00% 28 Feb 2030
    United States Treasury Note/Bond 0.83884% £1,107,285.71 1,073,000 4.63% 30 Apr 2029
    United States Treasury Note/Bond 0.83028% £1,095,981.25 1,066,000 4.50% 31 May 2029
    United States Treasury Note/Bond 0.82679% £1,091,376.96 1,075,000 4.13% 31 Mar 2029
    French Republic Government Bond OAT 0.81926% £1,081,437.10 910,000 2.75% 25 Oct 2027
    Bundesschatzanweisungen 0.70517% £930,832.36 790,000 2.20% 11 Mar 2027
    United States Treasury Note/Bond 0.70507% £930,710.16 1,065,000 1.13% 15 Feb 2031

    Total allocation percentages shown in the holdings details or the spreadsheet may not equal 100%, due to rounding or omission of cash and/or futures contracts.  

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Some short-term fixed income securities are classified as cash and are excluded, along with derivatives, from the weighted bond exposures. 

    Prices and distribution

    Prices

    NAV Price (GBP)
    £5.08
    Change
    -£0.01-0.22%
    At closure 29 Oct 2025
    Market value (GBP)
    £5.08
    Change
    -£0.01-0.22%
    At closure 30 Oct 2025
    NAV 52-week high
    £5.10
    At closure 30 Oct 2025
    Market value 52-week high
    £5.10
    At closure 30 Oct 2025
    NAV 52-week low
    £4.98
    At closure 30 Oct 2025
    Market value 52-week low
    £4.98
    At closure 30 Oct 2025
    NAV 52-week difference
    £0.12
    Change
    +2.27%
    At closure 30 Oct 2025
    Market value 52-week difference
    £0.12
    Change
    +2.38%
    At closure 30 Oct 2025
    Outstanding shares
    866,899
    At closure 30 Sep 2025
    Historical Prices

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    Inception date

    25 Mar 2025

    Listing date

    27 Mar 2025

    Date NAV (GBP) Market price (GBP)
    30 Oct 2025 — £5.0825
    29 Oct 2025 £5.0817 £5.0935
    28 Oct 2025 £5.0930 £5.0935
    27 Oct 2025 £5.0889 £5.0885
    24 Oct 2025 £5.0851 £5.0895
    23 Oct 2025 £5.0895 £5.0930
    22 Oct 2025 £5.0966 £5.0975
    21 Oct 2025 £5.0943 £5.0970
    20 Oct 2025 £5.0864 £5.0870
    17 Oct 2025 £5.0832 £5.0835

    Distribution history

    Distribution frequency

    Monthly

    Historical performance

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    TypeDistribution amount (per unit)Ex-dividend dateRegistration datePayable date
    Income £0.0129 16 Oct 2025 17 Oct 2025 29 Oct 2025
    Income £0.0131 18 Sep 2025 19 Sep 2025 01 Oct 2025
    Income £0.0156 21 Aug 2025 22 Aug 2025 03 Sep 2025
    Income £0.0159 17 Jul 2025 18 Jul 2025 30 Jul 2025
    Income £0.0126 19 Jun 2025 20 Jun 2025 02 Jul 2025
    Income £0.0170 22 May 2025 23 May 2025 04 Jun 2025
    Income £0.0052 17 Apr 2025 22 Apr 2025 02 May 2025

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Purchase information

    Currencies and stock exchanges

    Listed currencies: GBP

    Base currency: GBP

    Exchanges: London Stock Exchange

    Fund codes

    • Citi: BLL4J
    • ISIN: IE000A2E14U6
    • MEX ID: VRAACT
    • Ticker iNav Bloomberg: IVGGPGBP
    • Bloomberg: VGGP LN
    • Citi: BTHW3
    • ISIN: IE000A2E14U6
    • Reuters: VGGP.L
    • SEDOL: BTCH8W9
    • Exchange ticker: VGGP

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC. SEDOL data was extracted from the London Stock Exchange SEDOL Masterfile®.