iShares Global Inflation Linked Govt Bond UCITS ETF

What this fund is

iShares Global Inflation Linked Govt Bond UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker GILE (ISIN IE00BD8PH174). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, spread broadly across markets worldwide. Its largest holdings include TREASURY (CPI) NOTE, TREASURY (CPI) NOTE and TREASURY (CPI) NOTE. With about 167 holdings (the ten largest ≈ 16.6%), your money is diversified rather than concentrated in a handful of names.

Its biggest country exposures are ~52.3% United States, ~21.3% United Kingdom and ~9.7% France. By industry it concentrates most in ~99.8% Government and ~0.5% Other. Funds like this are often used as the steadier, lower-swing part of a portfolio — the ballast that cushions the ups and downs of shares. Its ongoing charge (TER) is 0.2% a year — about €20 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class), and over the last year it paid out roughly 1.138336% (its trailing yield).

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. Its price has swung about 4.5% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2017. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from iShares.)