Amundi Global Aggregate Proceeds Bond 1-10Y UCITS ETF GBP Hedged Dist

What this fund is

Amundi Global Aggregate Proceeds Bond 1-10Y UCITS ETF GBP Hedged Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker XCOG (ISIN LU1981860585). 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. Rather than a manager picking stocks, it simply replicates the Bloomberg MSCI Global Green Bond 1-10 Year Index index — the passive, low-cost approach, and its largest holdings include UNITED KINGDO TSY 0.875% 31Jul33, EUROPEAN UNIO 2.75% 04Feb33 and REPUBLIC OF I BTPS 4% 30Apr35. Spread across roughly 280 holdings (the ten largest ≈ 14%), no one position makes or breaks the fund.

Geographically it leans ~24.8% Germany, ~11.2% France and ~9.4% Supranationals. Its heaviest sectors are ~46.9% Government and ~31.8% Financials. 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 0.15% a year — about €15 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 2.58% (its trailing yield).

It holds the underlying investments directly (physical replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in GBP. Its price has swung about 2.6% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2022. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Amundi.)