Global Aggregate Bond Active UCITS ETF

Global Aggregate Bond Active UCITS ETF

About

Global Aggregate Bond Active UCITS ETF (IE0006MM8VN6) is a UCITS-compliant bond ETF tracking the Bloomberg Global Aggregate Index Total Return USD Unhedged.. With a TER of 0.31%, it is moderately priced, reinvesting dividends. The fund holds 418 positions across 40 regions with 346M in assets, with heavy concentration — 42% in government bonds.

ISIN
Fund Size €345.9M
Issuer JPMorgan
Distribution Re-Invests Dividends
Replication —
Inception Oct 2023
Base Currency USD
Index Bloomberg Global Aggregate Index Total Return USD Unhedged.
Asset Class Bonds
Category Aggregate Bond

Costs

7.0
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%

Holdings

6.3
This fund holds 418 individual investments, offering moderate diversification compared to other ETFs.
#1
United Kingdom Gilt
0.11%
#2
F/C ICE 3MTH SONIA FU JUN27
0.08%
#3
United States Treasury Note/Bond
0.06%
#4
UMBS 30YR TBA(REG A)
0.03%
#5
F/C ICE 3MTH SONIA FU SEP27
0.03%
#6
United States Treasury Note/Bond
0.03%
#7
Italy Buoni Poliennali Del Tesoro
0.02%
#8
TREASURY NOTE (OTR)
0.02%
#9
Italy Buoni Poliennali Del Tesoro
0.02%
#10
China Government Bond
0.02%

Sectors

4.9
This fund is concentrated in just a few of its 11 sectors, reducing diversification.

Regions

8.2
This fund is well-diversified across 41 countries, closely matching the global market.

Nerd Stuff

Advanced risk and return metrics (2023-10-10 — 2026-04-17).
4.0%
Volatility
-7.3%
Max Drawdown
0.20
Sharpe Ratio
0.31
Sortino Ratio
0.11
Calmar Ratio
0.19
Beta
-3.42%
Alpha (Jensen's)
0.136
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
flatex
Trade
Free
Savings Plan
Free
Account
Free
Trading 212
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Free
Savings Plan
Free
Account
Free

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