Japan Government Bond Index Fund
Japan Government Bond Index Fund - Institutional Plus GBP Hedged Dist (VAGBIGP)
Related Documents
About this fund
Fund objectives
- The Fund employs a passive management – or indexing – investment approach and seeks to track the performance of the Bloomberg Japan Government Float Adjusted Bond Index (the “Index”).
- The Index includes investment-grade Japanese yen-denominated treasury and Japanese government related bonds with maturities greater than one year. Investment-grade bonds are generally bonds with a relatively low risk of default.
- The Fund attempts to: 1. Track the performance of the Index by investing in a portfolio of securities that, insofar as possible and practicable, consists of a representative sample of the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditions.
Fund facts
Share class inception
11 Dec 2019
Minimum initial investment
£100,000,000.00
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Risk indicator
Strategy
Index
Asset Class
Bond
Domicile
Ireland
Tax status
Italy, Switzerland and United Kingdom reporting
Dividend schedule
Quarterly
Currency
GBP
Index ticker
H23049GB
Benchmark
Bloomberg Japan Government Float Adjusted Bond Index in GBP
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
As at 31 Aug 2026
Beta
R²
Annualized Tracking Error
1 year
3 years
5 years
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
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 408 | 730 | 31 Aug 2026 |
| 3.2% | 3.2% | 31 Aug 2026 | |
| 1.3% | 1.3% | 31 Aug 2026 | |
| 11.0 Years | 11.0 Years | 31 Aug 2026 | |
| A+ | A+ | 31 Aug 2026 | |
| 9.0 Years | 9.0 Years | 31 Aug 2026 | |
| Cash Investment | 0.4% | — | 31 Aug 2026 |
Market allocation
As at 31 Aug 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| Japan | Pacific | 99.59% | 100.00% | -0.41% |
| Other | Other | 0.41% | — | — |
Distribution by credit quality (% of funds)
As at 31 Aug 2026
| Credit Rating | Fund |
|---|---|
| A | 96.78% |
| Not Rated | 3.22% |
Distribution by credit issuer (% of funds)
As at 31 Aug 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 94.92% |
| Gov-Related-Agencies | 2.33% |
| Gov-Related-Local Authority | 2.34% |
| Cash | 0.41% |
| Other | -0.00% |
Distribution by credit maturity (% of funds)
As at 31 Aug 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.41% |
| 1 - 5 Years | 32.92% |
| 5 - 10 Years | 26.50% |
| 10 - 15 Years | 12.17% |
| 15 - 20 Years | 13.35% |
| 20 - 25 Years | 4.43% |
| Over 25 Years | 10.23% |
Holdings details
As at 31 Aug 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| Japan Government Five Year Bond | 1.49394% | £3,715,959,314.00 | 3,800,000,000 | 1.60% | 20 Dec 2030 |
| Japan Government Ten Year Bond | 1.44385% | £3,591,358,107.00 | 3,940,000,000 | 1.70% | 20 Sep 2035 |
| Japan Government Ten Year Bond | 1.43092% | £3,559,207,878.00 | 3,707,000,000 | 2.40% | 20 Mar 2036 |
| Japan Government Ten Year Bond | 1.40341% | £3,490,783,121.00 | 3,716,100,000 | 2.10% | 20 Dec 2035 |
| Japan Government Ten Year Bond | 1.28362% | £3,192,825,272.00 | 3,545,000,000 | 1.50% | 20 Jun 2035 |
| Japan Government Five Year Bond | 1.19272% | £2,966,726,647.00 | 2,990,000,000 | 2.00% | 20 Mar 2031 |
| Japan Government Ten Year Bond | 1.19236% | £2,965,820,720.00 | 3,401,800,000 | 0.90% | 20 Sep 2034 |
| Japan Government Ten Year Bond | 1.17732% | £2,928,401,956.00 | 3,261,600,000 | 1.40% | 20 Mar 2035 |
| Japan Government Five Year Bond | 1.12514% | £2,798,620,889.00 | 2,898,450,000 | 1.00% | 20 Mar 2030 |
| Japan Government Ten Year Bond | 1.11351% | £2,769,702,633.00 | 3,118,850,000 | 1.20% | 20 Dec 2034 |
Prices and distribution
Prices
NAV Price (GBP)
£89.43
GBPChange
+£0.500.56% At closure 09 Oct 2026
NAV 52-week high
£96.04
At closure 11 Oct 2026
NAV 52-week low
£88.71
At closure 11 Oct 2026
NAV 52-week difference
£7.34
Change
+7.64% At closure 11 Oct 2026
Historical Prices
-
Inception date
11 Dec 2019
| Date | NAV (GBP) |
|---|---|
| 09 Oct 2026 | £89.4345 |
| 08 Oct 2026 | £88.9374 |
| 07 Oct 2026 | £88.7461 |
| 06 Oct 2026 | £88.7054 |
| 05 Oct 2026 | £88.8173 |
| 02 Oct 2026 | £88.8367 |
| 01 Oct 2026 | £88.9028 |
| 30 Sep 2026 | £89.0534 |
| 29 Sep 2026 | £89.2955 |
| 28 Sep 2026 | £89.2420 |
Distribution history
Distribution frequency
Quarterly
Historical performance 30 Sep 2026
1.42%
| Type | Distribution amount (per unit) | Ex-dividend date | Registration date | Payable date |
|---|---|---|---|---|
| Income | £0.3696 | 30 Sep 2026 | 29 Sep 2026 | 14 Oct 2026 |
| Income | £0.3294 | 30 Jun 2026 | 29 Jun 2026 | 14 Jul 2026 |
| Income | £0.2937 | 31 Mar 2026 | 30 Mar 2026 | 16 Apr 2026 |
| Income | £0.2725 | 31 Dec 2025 | 30 Dec 2025 | 15 Jan 2026 |
| Income | £0.2482 | 30 Sep 2025 | 29 Sep 2025 | 14 Oct 2025 |
| Income | £0.2305 | 30 Jun 2025 | 27 Jun 2025 | 14 Jul 2025 |
| Income | £0.2217 | 31 Mar 2025 | 28 Mar 2025 | 14 Apr 2025 |
| Income | £0.2023 | 31 Dec 2024 | 30 Dec 2024 | 15 Jan 2025 |
| Income | £0.1996 | 30 Sep 2024 | 27 Sep 2024 | 14 Oct 2024 |
| Income | £0.1800 | 28 Jun 2024 | 27 Jun 2024 | 12 Jul 2024 |
Purchase information
Currency
Base currency:GBP
Fund codes
- Bloomberg:VAGBIGP
- Citi:QR8L
- ISIN:IE00BJ06F500
- MEX ID:VIAAIR
- SEDOL:BJ06F50