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GOVG

LSE
4,413.5 GBp
6.75
0.15%
Last update Jun 19, 1:37 PM BST
Market closed
Day range
4,413
4,413.5
Previous close
4,420.25
Open
4,413
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Amundi JP Morgan GBI Global Government Bond G...
4,413.50
6.75
0.15%

Overview

Description

Amundi JP Morgan GBI Global Government Bond GBP Hedged is a type of bond index fund. Its primary function is to provide investors exposure to a diversified portfolio of government bonds from developed countries, while mitigating currency risk associated with foreign investments through hedging to the British Pound. The fund focuses on tracking the JP Morgan Government Bond Index, which is renowned for its comprehensive coverage of global sovereign debt markets. Noteworthy features of the fund include its emphasis on government-issued securities that typically offer lower default risk compared to corporate bonds. It strategically hedges currency exposure to protect returns from adverse currency movements in the GBP. This makes it particularly appealing to UK-based investors who seek international bond market exposure without the added layer of currency volatility. In the financial market, the Amundi JP Morgan GBI Global Government Bond GBP Hedged fund plays a significant role by providing access to international government bonds with altered risk profiles suitable for conservative investors or those focusing on preserving capital. This fund helps in diversifying portfolio risk across geographies while maintaining the currency exposure stable for GBP-based investors.

About

Address
Phone
+886 2 8101 0696
Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
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Trading Hours (Monday - Friday):

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