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›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 163 underlying holdings. The dividend policy is capitalization.

€11.50

+€0.0025 (+0.02%) yesterday

6:00 AM 09/11/26 Closed

1D price range

€11.50€11.53

52W price range

€10.96€11.70

YTD Perf.

+3.23%

YTD Flows

Annualized volatility

Fund AuM

€74M

Share class AuM

€1.1M

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.
H41Q HSBC Global Funds ICAV - China Government Local Bond UCITS ETF	+0.19%
GASF Goldman Sachs Access China Government Bond UCITS ETF	-0.02%
CNYE Amundi China CNY Bonds UCITS ETF	+0.19%
03041 Global X FTSE China Policy Bank Bond ETF	+0.05%
09177 Premia China Treasury & Policy Bank Bond Long Duration ETF	-
CYBU iShares China CNY Bond UCITS ETF	+0.01%
ZHY Amova-ICBCSG China Bond Index ETF	+0.01%
82829 iShares China Government Bond ETF	+0.04%
CYX ICBC CSOP FTSE Chinese Government Bond Index ETF	+0.03%
DRGG L&G China CNY Bond UCITS ETF	-0.01%
ICNGF iShares China CNY Govt Bond UCITS ETF	-0.01%
JC11 UBS J.P. Morgan CNY China Gov 1-10 UCITS ETF	+0.19%
CBON VanEck China Bond ETF	+0.03%
GDPW Amundi Global Government Bond GDP-Weighted UCITS ETF	-0.49%

API

PerformanceDec 31, 2025 - Sep 10, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 07/31/26

Sovereign

57.27%

Finance

42.52%

Unavailable

0.21%

Latest H41U news

No content available for this fund

FAQ about H41U

H41U is a Passive ETF. This ETF provides exposure to Chinese Mixed Ratings Government Bonds.

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

H41U carries a total expense ratio (TER) of 0.2001%, indicating the annual cost for holding the fund.

H41U was introduced to the market on July 12, 2023. It trades on Belgium, among other exchanges

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 €1.1M in assets as of September 10, 2026.

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

As of July 31, 2026, H41U has significant geographic allocations in China.

As of July 31, 2026, H41U focuses largely on Sovereign and Finance.

As of July 31, 2026, H41U holds 163 positions in its portfolio, with 22.38% of assets concentrated in its top 15 holdings.

As of July 31, 2026, H41U top three holdings include China Development Bank, 1.85% 24jul2029, CNY, China, Bonds 1.29% 15mar2028, CNY and China, Bonds 3.19% 15apr2053, 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 07/31/26

China Development Bank, 1.85% 24jul2029, CNY

3.08%

China, Bonds 1.29% 15mar2028, CNY

2.01%

China, Bonds 3.19% 15apr2053, CNY

1.59%

China, Bonds 3.81% 14sep2050, CNY

1.54%

China, TB 1.44% 15sep2027, CNY

1.53%

China, Bonds 1.36% 15dec2027, CNY

1.39%

China, TB 1.79% 25mar2032, CNY

1.34%

China, Bonds 2.05% 15apr2029, CNY

1.28%

China Development Bank, 1.54% 13jun2030, CNY

1.25%

China, Bonds 2.35% 25feb2034, CNY

1.25%

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