GLAC's largest holdings are CHINA PEOPLES REPUBLIC OF (GOVERNM, AGRICULTURAL DEVELOPMENT BANK OF C, Cash_USD, CHINA DEVELOPMENT BANK, United States Treasury. The full top list is on this page.

How concentrated is GLAC?

The top 10 holdings are 4.1% of the fund, across 10,173 positions.

The total expense ratio on record is 0.10%. That is cheaper than 73% of the 1,326 European UCITS bond funds we track.

Which sectors dominate GLAC?

By weight of its equity holdings: Financial Services 0.4%, Utilities 0.0%.

UCITS · Ireland · Accumulating

GLAC IE00BF1QPK61

Global investment-grade bonds

SS SPDR Bloomberg Global Aggre ETFS

GLAGF · State Street (SPDR)

10,173 holdings as of 2026-08-27 · top 10 = 4.1% · TER 0.10%

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Concentration

Well diversifiedtop 10 = 4.1%

diversifiedconcentrated

GROWTH · PRICE DEVELOPMENTrebased to 0%

Holdings

10,173

as of 2026-08-27

Top 10

4.1%

TER

0.10%

cheaper than 73% of peers

Net assets

CHF 5.03B

reported in CHF

Largest

0.3%

P / E

–

Sections

Holdings as of 2026-08-27.

01Overview

the fund's regulatory facts

Distribution

Accumulating

Fund currency

CHF

Domicile

Ireland

Structure

Open-ended

First listed

2018-11-01

Volatility 1Y

3.3%

Tracked index

Bloomberg Global Aggregate Bond Index (CHF hedged)Prior to 1st February 2022, the Fund was tracking the Bloomberg Barclays Global Aggregate Bond Index (CHF hedged).

How it tracks

Physical, sampling

Risk rating

2 of 7

Lends its stock

Yes

02Performance

market price return · as of 2026-09-11

-1.3%

-2.3%

-2.6%

YTD

-3.5%

-4.1%

Trackingfund minus Bloomberg Global Aggregate Bond Index (CHF hedged)Prior to 1st February 2022, the Fund was tracking the Bloomberg Barclays Global Aggregate Bond Index (CHF hedged). · annualised

1Y return gap

-0.04 pp/yr

3Y return gap

-0.15 pp/yr

5Y return gap

-0.14 pp/yr

A positive return gap means the fund finished ahead of the index over that window. These are the manager's own published figures, as of 31 Jul 2026. MethodologyReturn gap and tracking errorReturn gap is the fund's return minus its index over the same months, converted to a yearly rate. Tracking error is the annualised standard deviation of those monthly fund-minus-index returns. Both lines come from the manager's own chart, in the same currency and the exact index variant the fund tracks. We use month-end values so different intraday valuation times are not mistaken for tracking error.. Not investment advice.

03Holdings

50 largest · as of 2026-08-27

#	Company	Identifier	Weight
1	CHINA PEOPLES REPUBLIC OF (GOVERNM CN	CGB	2.0
2	AGRICULTURAL DEVELOPMENT BANK OF C CN	CND10009L785	0.3
3	Cash_USD	–	0.3
4	CHINA DEVELOPMENT BANK CN	CND10006GRG4	0.3
5	United States Treasury US	T	0.2
6	United States Treasury US	T	0.2
7	United States Treasury US	T	0.2
8	United States Treasury US	T	0.2
9	United States Treasury US	US91282CNK35	0.2
10	United States Treasury US	T	0.2
11	China Government Bond CN	CGB	0.2
12	China Government Bond CN	CGB	0.2
13	United States Treasury US	T	0.2
14	Fannie Mae US	US31418DYX47	0.2
15	United States Treasury US	T	0.2
16	United States Treasury US	T	0.2
17	United States Treasury US	T	0.2
18	United States Treasury US	T	0.2
19	China Government Bond CN	CGB	0.2
20	United States Treasury US	T	0.2
21	United States Treasury US	T	0.2
22	United States Treasury US	T	0.2
23	United States Treasury US	T	0.2
24	United States Treasury US	T	0.2
25	United States Treasury US	T	0.2
26	United States Treasury US	T	0.2
27	Japan Government Ten Year Bond JP	JP1103571L10	0.1
28	United States Treasury US	T	0.1
29	United States Treasury US	T	0.1
30	United States Treasury US	T	0.1
31	United States Treasury US	T	0.1
32	United States Treasury US	T	0.1
33	EXPORT-IMPORT BANK OF CHINA CN	CND100089BF7	0.1
34	US TSY N/B 4% 31/05/28 US	T	0.1
35	China Government Bond CN	CGB	0.1
36	United States Treasury US	T	0.1
37	TREASURY NOTE US	T	0.1
38	United States Treasury US	T	0.1
39	United States Treasury US	T	0.1
40	United States Treasury US	T	0.1
41	United States Treasury US	T	0.1
42	China Government Bond CN	CGB	0.1
43	French Republic Government Bond OAT FR	FRTR	0.1
44	Japan Government Ten Year Bond JP	JGB	0.1
45	United Kingdom Gilt GB	UKT	0.1
46	CHINA DEVELOPMENT BANK CN	CND10005S515	0.1
47	China Government Bond CN	CGB	0.1
48	China Government Bond CN	CND1000B5GP1	0.1
49	CHINA GOVERNMENT BOND CN	CGB	0.1
50	United States Treasury US	T	0.1

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04Exposure

Equity 3.2%Bonds 96.2%Cash 0.5%

By sector

Financial Services0.4%

Utilities0.0%

By country

USUnited States39.1%

CNChina10.7%

JPJapan7.9%

FRFrance5.3%

GBUnited Kingdom4.5%

DEGermany4.3%

CACanada3.3%

ITItaly3.1%

CurrencyUSD 39.5% EUR 20.3% CNY 10.7% JPY 7.9% GBP 4.6%

Issuer's scenario analysisaverage return per year over 3 years

Stress

-6.5%

Unfavourable

-6.5%

Moderate

+0.5%

Favourable

+4.4%

06Where it trades

1 exchange

Exchange	MIC	Listed since
SIX Swiss Exchange	XSWX	–

Also admitted to 9 other venues, mostly multilateral trading facilities and regional segments.

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