Amundi Index J.P. Morgan GBI Global Govies UCITS ETF DR EUR Hedged is a bonds ETF from Amundi tracking the Index Solutions - Amundi Index J.P. Morgan GBI Global Govies index through physical replication. Domiciled in Luxembourg and launched in 2017, the fund manages about 969 M € and charges a TER of 0.22% — 22 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
Amundi Index J.P. Morgan GBI Global Govies UCITS ETF DR EUR Hedged competes with 2 other products on the same index (Index Solutions - Amundi Index J.P. Morgan GBI Global Govies): it ranks 1st by fund size and 3rd by ongoing cost, with a TER of 0.22% against a group median of 0.20%. It has been listed since 2017, 9 years of track record — the oldest in its comparison group.
On a €10,000 investment the TER costs 22 € a year. The cheapest of the group is Amundi Index J.P. Morgan GBI Global Govies UCITS ETF DR GBP Hedged GBX at 0.15%, or 15 € on the same amount: a difference of 7 € every year, roughly 70 € over ten years before compounding.
Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 3.8% of the portfolio.
Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in EUR and is a currency-hedged share class: the hedge aims to neutralise the effect of the underlying currencies against the reference currency, at an implicit cost that varies with interest-rate differentials.
The fund is domiciled in Luxembourg, which determines the tax treatment of income received by the fund and the supervisory authority.
| Applied Signal Technology Inc | 1.5% |
| United States Treasury Notes 1.12% | 0.4% |
| United States Treasury Notes 0.88% | 0.4% |
| United States Treasury Notes 1.5% | 0.3% |
| United States Treasury Notes 0.12% | 0.3% |
| United States Treasury Notes 0.62% | 0.3% |
| United States Treasury Notes 1.62% | 0.3% |
| United States Treasury Notes 2% | 0.3% |
| Borsa Italiana | GOVH | EUR |
| Euronext Paris | GOVH | EUR |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.