U.S. Government Bond Index Fund
U.S. Government Bond Index Fund - Institutional Plus GBP Hedged Acc (VUGBIPG)
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 U.S. Government Float Adjusted Bond Index (the “Index”).
- The Index includes US dollar-denominated US government and government related bonds with maturities greater than one year.
- 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
21 Jun 2023
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 and United Kingdom reporting
Dividend schedule
—
Currency
GBP
Index ticker
H23048GB
Benchmark
Bloomberg U.S. 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 | 340 | 601 | 31 Aug 2026 |
| 4.6% | 4.6% | 31 Aug 2026 | |
| 3.5% | 3.4% | 31 Aug 2026 | |
| 7.6 Years | 7.6 Years | 31 Aug 2026 | |
| AA+ | AA+ | 31 Aug 2026 | |
| 5.6 Years | 5.6 Years | 31 Aug 2026 | |
| Cash Investment | 0.2% | — | 31 Aug 2026 |
Market allocation
As at 31 Aug 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 99.75% | 100.00% | -0.25% |
| Other | Other | 0.25% | — | — |
Distribution by credit quality (% of funds)
As at 31 Aug 2026
| Credit Rating | Fund |
|---|---|
| AA | 99.75% |
| Not Rated | 0.25% |
Distribution by credit issuer (% of funds)
As at 31 Aug 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 98.85% |
| Gov-Related-Agencies | 0.91% |
| Cash | 0.25% |
| Other | -0.00% |
Distribution by credit maturity (% of funds)
As at 31 Aug 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.25% |
| 1 - 5 Years | 57.58% |
| 5 - 10 Years | 21.56% |
| 10 - 15 Years | 2.17% |
| 15 - 20 Years | 7.32% |
| 20 - 25 Years | 3.80% |
| Over 25 Years | 7.33% |
Holdings details
As at 31 Aug 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| United States Treasury Note/Bond | 0.88068% | £58,069,674.06 | 58,334,000 | 4.63% | 15 Feb 2035 |
| United States Treasury Note/Bond | 0.86569% | £57,081,751.56 | 59,066,000 | 4.25% | 15 Aug 2035 |
| United States Treasury Note/Bond | 0.86087% | £56,763,623.44 | 58,642,000 | 4.25% | 15 May 2035 |
| United States Treasury Note/Bond | 0.85364% | £56,287,061.81 | 57,981,200 | 4.25% | 15 Nov 2034 |
| United States Treasury Note/Bond | 0.84064% | £55,429,803.81 | 58,089,200 | 4.13% | 15 Feb 2036 |
| United States Treasury Note/Bond | 0.83778% | £55,241,269.78 | 56,243,100 | 4.38% | 15 May 2034 |
| United States Treasury Note/Bond | 0.81636% | £53,828,770.31 | 56,802,000 | 3.88% | 15 Aug 2034 |
| United States Treasury Note/Bond | 0.81135% | £53,498,295.98 | 55,741,000 | 4.00% | 15 Feb 2034 |
| United States Treasury Note/Bond | 0.80472% | £53,061,126.09 | 53,647,900 | 3.50% | 31 Jan 2028 |
| United States Treasury Note/Bond | 0.79449% | £52,386,555.00 | 55,344,000 | 4.00% | 15 Nov 2035 |
Prices and distribution
Prices
NAV Price (GBP)
£105.26
GBPChange
-£0.04-0.04% At closure 09 Oct 2026
NAV 52-week high
£109.81
At closure 11 Oct 2026
NAV 52-week low
£104.87
At closure 11 Oct 2026
NAV 52-week difference
£4.95
Change
+4.51% At closure 11 Oct 2026
Historical Prices
-
Inception date
21 Jun 2023
| Date | NAV (GBP) |
|---|---|
| 09 Oct 2026 | £105.2605 |
| 08 Oct 2026 | £105.3034 |
| 07 Oct 2026 | £105.0190 |
| 06 Oct 2026 | £105.0104 |
| 05 Oct 2026 | £104.8658 |
| 02 Oct 2026 | £104.9449 |
| 01 Oct 2026 | £105.1584 |
| 30 Sep 2026 | £104.9134 |
| 29 Sep 2026 | £105.0041 |
| 28 Sep 2026 | £105.0676 |
Distribution history
Distribution frequency
—
Historical performance 31 Mar 2026
3.65%
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currency
Base currency:GBP
Fund codes
- Bloomberg:VUGBIPG
- Citi:QCDG
- ISIN:IE00BK6S3P37
- MEX ID:VIOTRB
- SEDOL:BK6S3P3