Short dated gilt accumulation units in an ETF/tracker

thejman

Dear All, 

Does anyone know of short dated gilt accumulation units in an ETF/tracker/ low cost fund? I'd like to hold some short dated gilt funds (say 0-5yrs) in a passive low cost fund in an ISA and hence want accumulation units and am surprised that I could not find any accumulation units in a passive short dated gilt fund. Would have thought that ISA investors would want to hold accumulation units to avoid needed to reinvest income- so very surprised that I could only find distributing short dated gilt funds.

Many Thanks
Allan

masonic

There is IGL5 in the ETF space. It is less than a year old, but has already sucked up over a billion in investor capital.

tacpot12

iShares UK Gilts 0-5yr UCITS ETF | IGL5iShares UK Gilts 0-5yr UCITS ETF | IGL5

thejman

Thanks both- this is exactly what I was looking for- with a TER of only 0.07% and an accumulating share class. Strange that the fund management industry hadnt created an accumulation short dated gilts etf/tracker until 2023!

masonic

It's not a fund that would have been of interest when rates were near zero.