"Amundi Index J.P. Morgan GBI Global Govies UCITS ETF DR - EUR (D)" is an exchange-traded investment fund (ETF). It refers to the J.P. Morgan Government Bond Global Index. This index reflects the development of world wide bonds . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (interest payments) are distributed to the investors. The fund company Amundi claims a total expense ratio (TER) of 0.20% per year. The yearly average divergence from the index performance (Tracking Difference) since 2017 was 0.12% per year. Therefore, the ETF was less expensive than the TER suggests.