Cheapest J.P. Morgan GBI Global Total Return ETF

Global Government · Global Developed · bond

5 UCITS ETFs in our catalogue track J.P. Morgan GBI Global Total Return. The lowest ongoing charge is 0.15% a year, from Amundi Core Global Government Bond UCITS ETF GBP Hedged Dist (LU2355200796). Ongoing charges across all 5 funds range from 0.15% to 0.22%.

The cheapest fund overall may not be the one you can swap into. A distributing fund is not a like-for-like replacement for an accumulating one, and a synthetic fund carries swap counterparty risk that a physical one does not. The tables below are grouped so you compare within a variant, not across.

Accumulating · physical replication

3 funds · cheapest first · cost shown for a €10,000 holding

FundIssuerReplicationDomicileTERPer €10,000
Amundi Core Global Government Bond UCITS ETF Acc
LU1437016204 · GGOV
AmundiPhysicalLU0.20%20
Amundi Core Global Government Bond UCITS ETF EUR Hedged Acc
LU1708330235 · GOVH
AmundiPhysicalLU0.22%22
Amundi Core Global Government Bond UCITS ETF USD Hedged Acc
LU2469335538 · AHYA
AmundiPhysicalLU0.22%22

Distributing · physical replication

2 funds · cheapest first · cost shown for a €10,000 holding

FundIssuerReplicationDomicileTERPer €10,000
Amundi Core Global Government Bond UCITS ETF GBP Hedged Dist
LU2355200796 · GOVG
AmundiPhysicalLU0.15%15
Amundi Core Global Government Bond UCITS ETF Dist
LU1737653631 · 10AK
AmundiPhysicalLU0.20%20

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Figures verified on 2 August 2026 against issuer publications.

Ongoing charge (TER) only. Spread, tracking difference, securities lending and broker fees are not included, and a different fund domicile can change the dividend withholding tax leaking out of the fund. Educational information, not investment advice. We carry no affiliate links and no sponsored placements.