Bond funds and ETFs you can track in Neto

Bonds cover government and corporate debt. In a portfolio they're usually there for stability rather than return, and they behave nothing like equities.

Two things change the profile a lot: the maturity (a short-term fund is nothing like one holding bonds over 20 years) and whether it carries currency hedging. In unhedged global bonds, the exchange rate can weigh more than the bonds themselves, which is why global bond funds are often sold in a EUR Hedged version.

There are 4 providers in this family; the three with the biggest presence in the catalogue are Vanguard (7), iShares (5), Amundi (2). 11 of the 15 are accumulating: they reinvest dividends instead of paying them out. 5 come with currency hedging, so the exchange rate doesn't eat into the result. By base currency: EUR (10), USD (5). The listed ones trade mostly on NASDAQ (2), NYSE Arca (2), Borsa Italiana (1).

This is the selection included in the app catalogue today.

Of these, 8 are funds identified by ISIN, and the rest are exchange-traded ETFs identified by ticker.

Product	ISIN / Ticker	Type	Market	Currency	Dividends	Ongoing charge (TER)
iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc)	AGGH.MI	ETF	Borsa Italiana	EUR	Accumulating · hedged	n/a
Vanguard Global Aggregate Bond UCITS ETF EUR Hedged (Acc)	VAGF.DE	ETF	Xetra	EUR	Accumulating · hedged	0.08%
iShares $ Treasury Bond 0-1yr UCITS ETF USD (Acc)	IB01.L	ETF	London SE	USD	Accumulating	0.07%
Vanguard Total Bond Market ETF	BND	ETF	NASDAQ	USD	n/a	n/a
iShares Core U.S. Aggregate Bond ETF	AGG	ETF	NYSE Arca	USD	n/a	n/a
iShares 20+ Year Treasury Bond ETF	TLT	ETF	NASDAQ	USD	n/a	n/a
iShares iBoxx $ Investment Grade Corporate Bond ETF	LQD	ETF	NYSE Arca	USD	n/a	n/a
Vanguard Global Bond Index Fund EUR Hedged Acc	IE00B18GC888	Index fund	Fund (not listed)	EUR	Accumulating · hedged	0.15%
Vanguard Euro Government Bond Index Fund Investor EUR Acc	IE0007472115	Index fund	Fund (not listed)	EUR	Accumulating	0.12%
Vanguard Global Short-Term Bond Index Fund Investor EUR Hedged Acc	IE00BH65QK91	Index fund	Fund (not listed)	EUR	Accumulating · hedged	0.15%
Vanguard 20+ Year Euro Treasury Index Fund EUR Acc	IE00B246KL88	Index fund	Fund (not listed)	EUR	Accumulating	0.16%
Vanguard Euro Investment Grade Bond Index Fund Investor EUR Acc	IE00B04FFJ44	Index fund	Fund (not listed)	EUR	Accumulating	0.12%
Amundi Index J.P. Morgan GBI Global Govies AHE-C	LU0389812933	Index fund	Fund (not listed)	EUR	Accumulating · hedged	0.35%
Amundi Core Euro Government Bond AE Acc (formerly Index J.P. Morgan EMU Govies IG AE-C)	LU1050470373	Index fund	Fund (not listed)	EUR	Accumulating	0.35%
Neuberger Berman Short Duration Euro Bond Fund EUR I Acc	IE00BFZMJT78	Bond fund	Fund (not listed)	EUR	Accumulating	0.25%

• Open Neto and go to Investments (a Neto PRO feature).
• Search for the product by ISIN (funds) or by ticker (ETFs).
• Enter your units and your average purchase price.
• The app updates the price and recalculates your net worth on its own.

Everything you add feeds the same number you see on the main screen, so you don't keep one app for spending and another for investments: it's the same picture.

Can bonds lose value?

Yes. When interest rates rise, the price of already-issued bonds falls, and that shows up in the fund's value. The longer the maturity, the sharper the effect.

Why do global bond funds come in EUR Hedged versions?

Because in unhedged global bonds the exchange rate usually moves the result more than the bonds do, and that undermines the stabilising role this part of a portfolio is meant to play.

Which index funds in the bond family can Neto track?

The catalogue currently includes: Vanguard Global Bond Index Fund EUR Hedged Acc (ISIN IE00B18GC888, TER 0.15%); Vanguard Euro Government Bond Index Fund Investor EUR Acc (ISIN IE0007472115, TER 0.12%); Vanguard Global Short-Term Bond Index Fund Investor EUR Hedged Acc (ISIN IE00BH65QK91, TER 0.15%); Vanguard 20+ Year Euro Treasury Index Fund EUR Acc (ISIN IE00B246KL88, TER 0.16%); Vanguard Euro Investment Grade Bond Index Fund Investor EUR Acc (ISIN IE00B04FFJ44, TER 0.12%); Amundi Index J.P. Morgan GBI Global Govies AHE-C (ISIN LU0389812933, TER 0.35%); Amundi Core Euro Government Bond AE Acc (formerly Index J.P. Morgan EMU Govies IG AE-C) (ISIN LU1050470373, TER 0.35%).

What's the difference between an ETF and an index fund in the bond family?

Both can track the same index, but you buy and sell them differently. An ETF is listed on an exchange like a share: you trade it through a broker during the session and its price moves throughout the day. An index fund isn't listed: you subscribe and redeem at its net asset value, which is usually calculated once a day. In Spain the tax treatment differs too: switches between investment funds can be made without paying tax at that point (article 94 of Law 35/2006 on personal income tax) and, as a general rule, ETFs are excluded from that regime. Neto tracks both the same way.

Can I track a fund or ETF from this family that isn't on this list?

Yes. The app lets you search more than 10,000 assets by name, ticker or ISIN, and this list is only part of them. If it still doesn't show up, add it by hand at its value.