New

Global ETF Survey 2026 Available: How 620 Professionals Select ETFs. Access the Report →

Help us improve your experience. Please confirm your investor type:

Global ETF Survey 2026

Access the report

›ETF Issuers›HSBC›H41U

H41U

HSBC Global Funds ICAV - China Government Local Bond UCITS ETF

Acc

EUR

Hedged

Passive ETF Fixed Income

Not rated

The H41U Exchange Traded Fund (ETF) is provided by HSBC. It is built to track an index: Bloomberg China Treasury + Policy Bank Index. The H41U ETF provides physical exposure, so by buying it you actually own parts of all the 173 underlying holdings. The dividend policy is capitalization.

€11.48

-€0.037 (-0.32%) yesterday

6:46 PM 11/05/26 Open

1D price range

€11.48€11.67

52W price range

€10.96€11.70

YTD Perf.

+4.04%

YTD Flows

Annualized volatility

Fund AuM

€77M

Share class AuM

€862K

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

IE000YUU9UG5

TER

0.2001%

Inception date

7/12/2023

Issuer

HSBC

Benchmark

Bloomberg China Treasury + Policy Bank Index

Replication method

Dividend policy

Capitalization

Compare similar ETFs

ETF Name	1w perf.
82829 iShares China Government Bond ETF	+0.09%
GASF Goldman Sachs Access China Government Bond UCITS ETF	-0.07%
6Q20 iShares China CNY Govt Bond UCITS ETF	-0.04%
CYB ICBC CSOP FTSE Chinese Government Bond Index ETF	+0.06%
CEB0 iShares China CNY Bond UCITS ETF	+0.07%
ZHS Amova-ICBCSG China Bond Index ETF	-0.38%
CNYE Amundi China CNY Bonds UCITS ETF	-0.05%
03041 Global X FTSE China Policy Bank Bond ETF	-0.01%
DRGE L&G China CNY Bond UCITS ETF	-0.65%
HCGU HSBC Global Funds ICAV - China Government Local Bond UCITS ETF	+0.09%
09177 Premia China Treasury & Policy Bank Bond Long Duration ETF	-
CBON VanEck China Bond ETF	-0.18%
JC11 UBS J.P. Morgan CNY China Gov 1-10 UCITS ETF	+0.18%
GDPW Amundi Global Government Bond GDP-Weighted UCITS ETF	+0.76%

API

PerformanceDec 31, 2025 - Nov 5, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 09/30/26

Sovereign

59.07%

Finance

40.75%

Unavailable

0.18%

Latest H41U news

No content available for this fund

FAQ about H41U

H41U is a passively managed ETF that invests in the China Bonds segment.

H41U tracks the Bloomberg China Treasury + Policy Bank Index - USD, through a optimized sampling replication method.

H41U carries a total expense ratio (TER) of 0.2001%.

H41U was introduced to the market on July 12, 2023.

HSBC Global Funds ICAV - China Government Local Bond UCITS ETF, H41U, is provided by HSBC. Learn more about HSBC here.

Yes, H41U is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

H41U oversees €862K in assets as of November 5, 2026.

H41U follows a capitalizing, meaning it reinvests income within the fund.

As of September 30, 2026, H41U has significant geographic allocations in China.

As of September 30, 2026, H41U focuses largely on Sovereign and Finance.

As of September 30, 2026, H41U holds 173 positions in its portfolio, with 19.56% of assets concentrated in its top 15 holdings.

As of September 30, 2026, H41U top three holdings include China, Bonds 1.29% 15mar2028, CNY, China, Bonds 1.72% 25may2029, CNY and China, TB 1.79% 25mar2032, CNY.

The base currency of H41U is EUR.

H41U is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.

Top 10 holdings

Data as of 09/30/26

China, Bonds 1.29% 15mar2028, CNY

1.72%

China, Bonds 1.72% 25may2029, CNY

1.45%

China, TB 1.79% 25mar2032, CNY

1.45%

China Development Bank, 1.8% 2apr2035, CNY

1.40%

China, Bonds 3.19% 15apr2053, CNY

1.37%

China, Bonds 3.81% 14sep2050, CNY

1.33%

China, TB 1.44% 15sep2027, CNY

1.31%

China, Bonds 2.79% 15dec2029, CNY

1.24%

China, Bonds 2.12% 25jun2031, CNY

1.22%

China, Bonds 3.86% 22jul2049, CNY

1.21%

Essentials

A forever free toolbox for fund selection, analysis, research, and ETF portfolio construction.

Essential free account includes:

More fund data
Compare up to 3 funds
More screener filters
Edit screener columns from 100+ metrics
Watchlists for saving your research
Portfolio construction and analysis
Personal dashboard for live monitoring

Trackinsight Global ETF Survey 2026: ETFs' Next Act: From Access to Selection. Access the report

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight

HSBC Global Funds ICAV - China Government Local Bond UCITS ETF

FAQ about H41U

Essentials

About Trackinsight

ETF TOOLS

PLATFORM

ETF NEWS & RESEARCH

PROFESSIONAL SOLUTIONS

SOLUTIONS FOR

CONTACT US