AGBP

The iShares Core Global Aggregate Bond UCITS ETF (LSE: AGBP) seeks to track the Bloomberg Global Aggregate Bond Index and offers broad, diversified exposure to global investment‑grade fixed income, including sovereign, government‑related, investment‑grade corporate and securitised bonds across developed and emerging markets. This is a physically sampled UCITS ETF offered in a GBP‑hedged, distributing share class with a low ongoing charge designed to reduce currency volatility for GBP investors while providing regular income from coupon payments. Returns are primarily driven by changes in global interest rates, sovereign and corporate credit spreads, and the yield curve across major markets, with currency hedging muting FX effects for GBP investors. The ETF is typically used as a core bond allocation or portfolio diversifier to lower portfolio volatility and generate income; its main risks are interest‑rate sensitivity (duration) and credit quality deterioration among issuers.