# Product Snapshot - JPMorgan ETFs (Ireland) ICAV - Carbon Transition Global Equity (CTB) UCITS ETF > Audience: country=gb, language=en, role=adv. > Generated: 2026-11-15T13:39:39.756468325Z. ## Identity - **Fund Name**: JPMorgan ETFs (Ireland) ICAV - Carbon Transition Global Equity (CTB) UCITS ETF - **Share Class Name**: JPM Carbon Transition Global Equity (CTB) UCITS ETF - USD (acc) - **Product Page**: [Product Page](https://am.jpmorgan.com/gb/en/asset-management/adv/products/jpm-carbon-transition-global-equity-ctb-ucits-etf-usd-acc-ie00bmdwyz92) - **Ticker Symbol**: JPCT - **ISIN**: IE00BMDWYZ92 - **Fund Type**: ETF - **Asset Class**: Equity ## OVERVIEW ### Investment objective The Sub-Fund seeks to provide returns that correspond to those of its Index. ### Registered countries - **Austria**: 01/10/2020 - **Croatia**: 15/09/2025 - **Cyprus**: 15/09/2025 - **Czech Republic**: 15/09/2025 - **Denmark**: 01/10/2020 - **Finland**: 01/10/2020 - **France**: 02/11/2020 - **Germany**: 01/10/2020 - **Greece**: 15/09/2025 - **Hungary**: 15/09/2025 - **Iceland**: 25/09/2025 - **Ireland**: 09/09/2020 - **Italy**: 06/11/2020 - **Liechtenstein**: 01/10/2020 - **Luxembourg**: 02/11/2020 - **Netherlands**: 01/10/2020 - **Norway**: 01/10/2020 - **Poland**: 15/09/2025 - **Portugal**: 01/10/2020 - **Slovakia**: 15/09/2025 - **Spain**: 01/10/2020 - **Sweden**: 01/10/2020 - **Switzerland**: 05/11/2020 - **United Kingdom**: 23/09/2020 ## Fund facts - **Ticker**: JPCT - **ISIN**: IE00BMDWYZ92 - **Asset class**: Equity - **Region**: Global - **Fund inception date**: 04/11/2020 - **Share class inception**: 04/11/2020 - **Domicile**: Ireland - **Fund currency**: USD - **Share class currency**: USD - **ESG Approach**: Thematic [Disclosure 1] - **SFDR Classification**: Article 9 [Disclosure 2] ## Fund stats - **NAV As of 13/11/2026**: USD 53.5375 [Disclosure 3] - **NAV change As of 13/11/2026**: USD -0.2203 - **NAV change (%) As of 13/11/2026**: -0.41% - **Fund size As of 13/11/2026**: USD 364.09 Mn - **Shares outstanding As of 13/11/2026**: 3,634,474 - **Number of Holdings**: 351 - **Fiscal year end**: 31 December - **UK reporting status**: Yes - **Replication method**: Physical replication - **Rebalancing frequency**: Quarterly - **Securities lending**: No ## Fees ### Fees - **Ongoing charge**: 0.19% ## Portfolio managers ### Yazann Romahi - **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/yazann-romahi/) - **In the industry**: 27 YEARS - **With J.P. Morgan**: 23 YEARS - **Managing this fund**: 6 YEARS ### Aijaz Hussain - **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/aijaz-hussain/) - **In the industry**: 11 YEARS - **With J.P. Morgan**: 10 YEARS - **Managing this fund**: 6 YEARS ### Victor Li - **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/victor-li/) - **In the industry**: 16 YEARS - **With J.P. Morgan**: 16 YEARS - **Managing this fund**: 3 YEARS ## Ratings ### Morningstar Summary Rating - **As of **: 31/10/2026 - **Overall**: 4 of 5 stars ### Morningstar Medalist Rating™ - **Morningstar Medalist Rating™**: Bronze - **As of **: 31/10/2026 - **Analyst-Driven %: **: 20 - **Data Coverage %: **: 94 ## Performance ### Quarterly rolling 12 months _As of 30/09/2026_ | Return | 2021/2022 | 2022/2023 | 2023/2024 | 2024/2025 | 2025/2026 | | --- | ---: | ---: | ---: | ---: | ---: | | JPM - USD (acc) | -18.81% | 21.50% | 31.12% | 15.59% | 11.79% | | Benchmark - USD | -18.87% | 21.42% | 31.12% | 15.63% | 11.95% | | Excess return (geometric) | 0.07% | 0.07% | 0.01% | -0.03% | -0.14% | ### Calendar year _As of 31/10/2026_ | Return | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | YTD | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | JPM - USD (acc) | - | - | - | - | - | 23.62% | -18.66% | 23.53% | 17.17% | 20.03% | 7.63% | | Benchmark - USD | - | - | - | - | - | 23.58% | -18.71% | 23.44% | 17.16% | 20.09% | 7.77% | | Excess return (geometric) | - | - | - | - | - | 0.03% | 0.06% | 0.07% | 0.01% | -0.05% | -0.13% | ### Cumulative _As of 31/10/2026_ | Return | 1 MONTH | 3 MONTHS | 1 YEAR | 3 YEARS | 5 YEARS | SINCE INCEPTION | | --- | ---: | ---: | ---: | ---: | ---: | ---: | | JPM - USD (acc) | -0.41% | 0.95% | 9.19% | 73.28% | 57.48% | 108.58% | | Benchmark - USD | -0.39% | 1.04% | 9.35% | 73.60% | 57.54% | 108.61% | | Excess return (geometric) | -0.02% | -0.10% | -0.14% | -0.18% | -0.04% | -0.02% | ### Annualised _As of 31/10/2026_ | Return | 3 YEARS | 5 YEARS | SINCE INCEPTION | | --- | ---: | ---: | ---: | | JPM - USD (acc) | 20.11% | 9.51% | 13.06% | | Benchmark - USD | 20.18% | 9.52% | 13.06% | | Excess return (geometric) | -0.06% | -0.01% | 0.00% | [Disclosure 4] ## Portfolio ### Sector breakdown _As of 31/10/2026_ | Sector | Sector breakdown | | --- | ---: | | Information Technology | 34.5% | | Financials | 16.3% | | Consumer Discretionary | 11.0% | | Industrials | 10.1% | | Health Care | 10.1% | | Communication Services | 7.2% | | Materials | 3.2% | | Utilities | 2.5% | | Consumer Staples | 2.4% | | Real Estate | 1.5% | | Energy | 1.1% | | Cash | 0.1% | | Total | 100.0% | ### Regional breakdown _As of 31/10/2026_ | Region | Regional breakdown | | --- | ---: | | North America | 74.4% | | Europe & Middle East ex UK | 13.4% | | Japan | 6.7% | | Pacific ex-Japan | 2.9% | | United Kingdom | 2.3% | | Emerging Markets | 0.2% | | Cash | 0.1% | | Total | 100.0% | ## COMMENTARY **As of **: 31/10/2026 ### Month in review Global developed equity markets were negative in October. The Solactive J.P. Morgan Asset Management Carbon Transition Global Equity CTB Index tracked by this fund underperformed the traditional MSCI World Index. Security selection in the information technology and industrials sectors contributed to performance. Within information technology, underweight positions in Intel and Sandisk added value as both stocks fell sharply over the month. Intel was particularly weak following disappointing fourth-quarter guidance. Within industrials, our underweight position in Caterpillar and overweight position in Waste Management added value over the month. Security selection and positioning in the energy and consumer staples sectors detracted from performance. Within energy, our positioning in carbon-intensive coal and integrated oil & gas companies, which are excluded from the portfolio under the Do No Significant Harm (DNSH) requirements for Article 9 funds, detracted from performance. The month saw ExxonMobil and Chevron rise by around 15%. Within consumer staples, our underweight positioning in Walmart detracted as the shares gained strongly during the period, while the sector was also negatively affected by allocation. At an individual security level, our overweight position in Eli Lilly added value over the period. The shares rose strongly, supported by better-than-expected third-quarter earnings and revenue. This fund seeks to achieve a reduction in carbon intensity without relying on sector deviations. It focuses on individual security selection by overweighting winners of the carbon transition and underweighting companies facing greater transition-related risks. ### Looking ahead The move towards a lower-carbon economy will impact companies, portfolios and our clients. This fund seeks to identify the companies that are well positioned for this transition. The portfolio takes a comprehensive approach to transition readiness that considers both risks and opportunities by evaluating companies based on how well they manage greenhouse gas emissions, resources and climate-related risks. This results in a meaningful reduction in carbon intensity relative to the investible universe. ## Documents - [Factsheet](https://jp.techrules.com/rebrandingPDF/LoadPdf.aspx?ShareClassId=14256&country=GB&lang=EN¶mMIFID=YES) - [Carbon Transition Global Equity (CTB) UCITS ETF Fund Commentary](https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/regional/en/literature/commentary/jpm-carbon-transition-global-equity-ctb-ucits-etf-commentary-ce-en.pdf) - [Key Investor Information Document](https://wl.fundsquare.net/serv/down-doc/request?cdClient=jpmorgan&isin=IE00BMDWYZ92&docTypeCode=KIID&docLang=EN&docCountry=GB) - [JPMorgan ETFs (Ireland) ICAV – Supplement for UK Investors](https://www.pl.jpmam.avanterra.com/Supplement%20for%20UK%20Investors/JPMorgan%20ETFs%20-%20(Ireland%29%20-%20ICAV.pdf) - [JPMorgan ETFs (Ireland) ICAV - Prospectus](https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/regional/en/regulatory/prospectus/jpm-icav-etf-prospectus-ce-en.pdf) - [JPMorgan ETFs (Ireland) ICAV - Annual report](https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/regional/en/regulatory/annual-report/jpm-icav-etf-annual-report-ce-en.pdf) - [JPMorgan ETFs (Ireland) ICAV - Semi-annual report ](https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/regional/en/regulatory/semi-annual-report/jpmorgan-etfs-icav-semi-annual-report-ce-en.pdf) - [Supplement Carbon Transition Global Equity UCITS ETF (English) ](https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/regional/en/regulatory/etf-supplement/jpm-carbon-transition-icav-etf-supplement.pdf) ## Disclosures 1. Investments in themes or assets specifically related to sustainability. 2. "Article 8” strategies promote social and/or environmental characteristics, but do not have sustainable investing as a core objective. “Article 9” strategies have a sustainable investment objective. 3. Net Asset Value of a fund’s assets less its liabilities per Share. 4. Past performance is not a guide to current and future performance. The value of your investments and any income from them may fall as well as rise and you may not get back the full amount you invested. Source: J.P. Morgan Asset Management. Share class performance is shown based on the NAV (net asset value) of the share class with income (gross) reinvested including actual ongoing charges excluding any entry and exit fees. Performance is shown based on the NAV which may not be the same as the market price of the ETF. Individual shareholders may realise returns that are different to the NAV based returns. Benchmark Source: Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The Index is used with permission. The Index may not be copied, used, or distributed without J.P. Morgan's prior written approval. Copyright 2026, J.P. Morgan Chase & Co. All rights reserved. The customised benchmark was created by J.P. Morgan Asset Management. The MSCI World Index was used by JPMorgan Asset Management as the reference universe for selection of the companies included in the Index. MSCI does not in any way sponsor, support, promote or endorse the Index. MSCI was not and is not involved in any way in the creation, calculation, maintenance or review of the Index. The MSCI World Index was provided on an “as is” basis. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating the MSCI World Index (collectively, the “MSCI Parties”) expressly disclaim all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose). Without limiting any of the foregoing, in no event shall any of the MSCI Parties have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages in connection with the MSCI World Index or the Index. The return of your investment may change as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Indices do not include fees or operating expenses and you cannot invest in them. Investors should note that the benchmark data presented is expressed in the fund's base currency, which may be different from the currency in which the share class performance data is presented. Investors should exercise caution when comparing the benchmark data with share class performance data that are in different currencies, as currency fluctuations can contribute to differences in performance outcomes. The benchmark is for comparative purposes only unless specifically referenced in the Sub-Funds' Investment Objective and Policy.