← Search another ETF⎙ Printable sheet (PDF)
ETF sheet · Issuer-declared data

L&G UK Gilt 0-5 Year UCITS ETFIndex, costs, backtest, listings and taxation

ISIN: IE00BLRPQK69Ticker: UKG5Issuer: LGIMClass: GBP Dist.
Issuer-declared data
TER
0.06%
Transaction costs
0.00% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Income policy
SFDR
Article 6 — does not promote specific ESG characteristics — inferred (issuer documents do not declare art. 8/9) what does it mean?
Fund assets
314.2 mln EUR
Domicile
Ireland
Inception date
9 December 2020
Data as declared by LGIM in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
📬 Follow the engine as we build it

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

Description

L&G UK Gilt 0-5 Year UCITS ETF tracks the issuer-declared index: J.P. Morgan GBI UK Short-Term Custom Maturity Index. The declared annual cost (TER) is 0.06%, plus 0.00% in transaction costs estimated by the issuer in the KID. Replication is sampled physical replication (the KID declares buying a representative sample of constituents); income is distributed to investors. The fund has assets of about 314 million euro, was launched on 9 December 2020 and is domiciled in Ireland.

The fund’s objective — in the issuer’s words

The investment objective of the Fund is to provide exposure to the short term Pound Sterling-denominated government bond market in the United Kingdom. The Fund is passively managed and aims to track the performance of the J.P. Morgan Government Bond Index (GBI) United Kingdom Short-term Custom Maturity Index (the “Index”), before the deduction of fees and expenses. The Index is designed to provide exposure to Pound Sterling denominated government bonds issued by the United Kingdom with shorter remaining maturities, in accordance with its methodology.

Keep reading the KID section ▾

The Fund seeks to achieve its investment objective using an optimisation/representative sampling approach and invests in a representative selection of bond securities which, taken together, are expected to have risk and performance characteristics similar to those of the Index. The Fund may also invest in bond related securities and instruments that are not constituents of the Index but have similar risk and performance characteristics, and may use financial derivative instruments for efficient portfolio management or to assist in tracking the performance of the Index. This Share Class aims to pay semi-annual dividends out of the Fund's net income by electronic transfer. Shares in this Share Class (the "Shares") are denominated in GBP and can be bought and sold on stock exchanges by ordinary investors using an intermediary (e.g. a stockbroker). In normal circumstances, only Authorised Participants may buy and sell Shares directly with the Company. Authorised Participants may redeem their Shares on demand in accordance with the "Dealing Timetable" published on http://www.lgim.com.

The depositary of the Fund is the Bank of New York Mellon SA/NV, Dublin Branch. Further information about the Fund and the share class can be obtained from the Company's prospectus and the annual and semi-annual reports, which are available, in addition to the latest prices for the share class and details of any other share classes, free of charge at: www.lgim.com.

Intended Retail Investor:The Fund is designed for investors looking for a combination of growth and income from an investment in eligible fixed-rate, pound sterling-denominated United Kingdom government bonds maturing within the next 3 months to 5 years which can form part of their existing savings portfolio. Although investors can take their money out at any time, the Fund may not be appropriate for those who plan to withdraw their money within five years.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.06%: below the median of bond ETFs we track (0.15%).
  • Average tracking difference over the last 3 years: -0.06% p.a., against a declared TER of 0.06%.
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in Italian, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · GBP · from Dec 2020 to Jul 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+5.9%
Annualised
+1.0%
Volatility (ann.)
2.5%
Max drawdown
-9.40%
-12%-7%-1%+4%+10%Dec 2020May 2022Oct 2023Mar 2025Jul 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+6%Dec 2020Jul 2026
Note — currency risk: the fund is denominated (or hedged) in GBP and the chart is in GBP. For a euro investor, returns also depend on the EUR/GBP exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-2%-4%-6%-8%-10%202120222023202420252026−9.40% · 27 Sept 2022
Max drawdown
-9.40%
peak → trough
Trough
27 Sept 2022
from the 22 Dec 2020 peak
Recovery time
853 days
recovery only: trough to break-even · ≈ 2 years and 4 months
Underwater
1,497 days
decline + recovery: peak to break-even · ≈ 4 years and 1 month · → recovered on 27 Jan 2025

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
22 Dec 202027 Sept 2022-9.40%27 Jan 20251,497
27 Feb 202620 Mar 2026-1.87%24 Jun 2026117
06 Jul 202623 Jul 2026-0.70%ongoing25
07 May 202521 May 2025-0.52%10 Jun 202534
04 Mar 202505 Mar 2025-0.32%17 Mar 202513

Calendar-year returns

2020
0.2%
2021
-1.7%
2022
-4.7%
2023
3.9%
2024
2.4%
2025
5.2%
2026
0.9%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20260.30.8-1.40.30.80.5-0.30.9
20250.70.50.21.2-0.20.80.20.10.20.90.30.35.2
2024-0.3-0.60.8-0.60.50.71.00.40.5-0.60.8-0.12.4
20231.0-0.90.8-0.3-0.9-1.31.20.60.70.40.81.83.9
2022-0.80.0-0.7-0.50.1-0.50.7-2.7-3.22.70.7-0.4-4.7
2021-0.1-0.70.1-0.00.1-0.10.1-0.1-0.5-0.50.6-0.5-1.7
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
Source: LGIM. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER. Tracking difference was positive in 0 of the last 5 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
-0.06% /anno
Declared TER
0.06%
YearFundIndexDifference
2025+5.16%+5.24%-0.08%
2024+2.38%+2.42%-0.04%
2023+3.91%+3.98%-0.07%
2022-4.69%-4.64%-0.05%
2021-1.71%-1.66%-0.05%
Total-return figures from issuer-declared series (primary source); complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

Risk indicators· EUR

Last yearLast 3 yearsLast 5 yearsFull history
Volatility (ann.)4.61%5.01%6.13%6.18%
Max drawdown-3.26%-6.84%-14.80%-14.80%
Sharpe-0.51-0.58-0.60-0.39
Sortino-0.63-0.72-0.79-0.52
Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.21%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

Duration and maturities

Duration · modified duration
2.39years

Price sensitivity to rates: the longer, the more the fund moves. What is duration →

Source: factsheet LGIM, data as of 30 June 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.

Portfolio holdings

Top-10 weight
66.1%

Top 10 holdings

Regno Unito 4,38% 07/03/28
7.90%
Regno Unito 4,75% 07/12/30
7.40%
Regno Unito 4,38% 07/03/30
7.30%
Regno Unito 1,25% 22/07/27
6.40%
Regno Unito 4,13% 07/03/31
6.30%
Regno Unito 0,88% 22/10/29
6.30%
Regno Unito 3,75% 07/03/27
6.20%
Regno Unito 4,13% 22/07/29
6.20%
Regno Unito 4,00% 22/05/29
6.10%
Regno Unito 0,13% 31/01/28
6.00%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanadaSwitzerlandChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermanyDjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFranceGabonUnited Kingdom: 100%GeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIrelandIranIraqIcelandIsraelItalyJamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlandsNorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of AmericaUzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United Kingdom100%
Top 10 holdings and breakdowns as declared by LGIM in the fund factsheet, data as of 30 June 2026. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Latest dividend
0.1785 GBP
ex 16 Jul 2026 · paid 24 Jul 2026
Dividends, last 12 months
0.36 GBP
Dividend yield
3.91%
12-month sum over the NAV as of 8 Sept 2026

Yield by year

PeriodDividendsDividend yield
1 year0.36 GBP3.86 %
20250.37 GBP3.98 %
20240.35 GBP3.61 %
20230.19 GBP2.06 %
20220.00 GBP0.04 %
20210.00 GBP0.00 %

Dividend contribution to total return

-10%0%10%+2.58 %1 year+5.04 %2025+2.25 %2024+3.76 %2023−4.63 %2022−1.70 %2021
dividendsprice changeprice decline

Calendar per share (GBP)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20260.180.18
20250.190.19
20240.170.18
20230.050.15
20220.00

Latest dividends

Per shareEx-dividend dateRecord datePayment
0.1785 GBP16 Jul 202617 Jul 202624 Jul 2026
0.1835 GBP15 Jan 202616 Jan 202623 Jan 2026
0.1864 GBP17 Jul 202518 Jul 202525 Jul 2025
0.1884 GBP16 Jan 202517 Jan 202524 Jan 2025
0.1766 GBP11 Jul 202412 Jul 202419 Jul 2024
0.1686 GBP18 Jan 202419 Jan 202426 Jan 2024
0.1468 GBP20 Jul 202321 Jul 202328 Jul 2023
0.0464 GBP19 Jan 202320 Jan 202327 Jan 2023
Per-share dividends as declared by the issuer, in GBP, since the first payment (14 Jul 2022). Past dividends are not indicative of future ones.

Index tracked

J.P. Morgan GBI UK Short-Term Custom Maturity Index
This fund belongs to the government bonds family: compare all census ETFs in this family →

Stock exchange listings

ExchangeTickerTrading since
Börse HamburgBAT03 Dec 2025
Börse HannoverBAT013 Nov 2025
Tradegate ExchangeBAT019 Sept 2025
+ 2 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does L&G UK Gilt 0-5 Year UCITS ETF track?
The issuer LGIM declares the benchmark: J.P. Morgan GBI UK Short-Term Custom Maturity Index.
How much does UKG5 cost?
The issuer-declared TER is 0.06% per year; the transaction costs estimated in the KID are 0.00%.
What is the fund size of UKG5?
The fund size declared by LGIM is about 314 million euro.
When was UKG5 launched?
The fund was launched on 9 December 2020: it has 5 years of history.
How does UKG5 replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (sampled) (issuer wording: “Fisica - campionamento (dal KID)”).
Does UKG5 pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Distributing”).
Where does UKG5 trade?
Per the official ESMA register it trades on 3 main exchanges, including Börse Hamburg (BAT0), Börse Hannover (BAT0), Tradegate Exchange (BAT0).
What was UKG5's worst fall?
Over the available history (since 2020), the maximum drawdown was -9.47%, reached in September 2022. Past performance is not indicative of future results.
What is UKG5's tracking difference?
Over the last 3 complete calendar years the fund returned on average -0.06% per year versus its index (from issuer-declared series).
Transparency note
The data in this sheet is declared by LGIM in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.