# Product Snapshot - JPMorgan Funds - Total Emerging Markets Income Fund

> Audience: country=gb, language=en, role=adv.
> Generated: 2026-11-06T19:45:13.310086432Z.

## Identity

- **Fund Name**: JPMorgan Funds - Total Emerging Markets Income Fund
- **Share Class Name**: JPM Total Emerging Markets Income C (acc) - EUR
- **Product Page**: [Product Page](https://am.jpmorgan.com/gb/en/asset-management/adv/products/jpm-total-emerging-markets-income-c-acc-eur-lu0973367849)
- **ISIN**: LU0973367849
- **Fund Type**: SICAV
- **Asset Class**: Balanced

## Overview

### Investment objective

To achieve income and long-term capital growth by investing primarily in income generating emerging market equities and debt securities.



### Registered countries

- **Austria**: 21/12/2018
- **Belgium**: 04/12/2017
- **France**: 04/06/2015
- **Germany**: 04/06/2015
- **Ireland**: 28/05/2015
- **Italy**: 29/05/2015
- **Jersey**: 28/05/2015
- **Korea**: 28/10/2015
- **Liechtenstein**: 31/07/2015
- **Luxembourg**: 28/05/2015
- **Netherlands**: 09/06/2015
- **Portugal**: 17/03/2021
- **Spain**: 04/06/2015
- **Switzerland**: 28/05/2015
- **United Kingdom**: 28/05/2015


## Fund facts

- **Bloomberg**: JPTEMCE LX
- **Reuters**: LU0973367849.LUF
- **ISIN**: LU0973367849
- **SEDOL**: BDZTN70
- **Asset class**: Balanced
- **Region**: Emerging Markets
- **Fund inception date**: 30/09/2013
- **Share class inception**: 01/06/2015
- **Fund currency**: USD
- **Share class currency**: EUR
- **ESG Approach**: ESG Promote [Disclosure 1]
- **SFDR Classification**: Article 8 [Disclosure 2]

## Fund stats

- **NAV  As of 05/11/2026**: EUR 169.49 [Disclosure 3]
- **NAV change As of 05/11/2026**: EUR -0.98
- **NAV change (%) As of 05/11/2026**: -0.57%
- **12 Month NAV high As of 05/10/2026**: EUR 180.45
- **12 Month NAV low As of 16/12/2025**: EUR 148.54
- **Fund size As of 05/11/2026**: USD 417.67 Mn

## Fees & Charges

### Fees

- **Initial charge**: 0.00%
- **Redemption charge**: 0.00%
- **Ongoing charge**: 0.81%
  - **Annual management fee (included in ongoing charge)**: 0.60%
  - **Operating & administrative expenses (included in ongoing charge)**: 0.20%


## Portfolio managers

### Omar Negyal

- **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/omar-negyal/)
- **In the industry**: 28 YEARS
- **With J.P. Morgan**: 14 YEARS
- **Managing this fund**: 11 YEARS

### Shuyu Gao

- **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/shuyu-gao/)
- **In the industry**: 13 YEARS
- **With J.P. Morgan**: 1 YEAR
- **Managing this fund**: Less than one year

### Pierre-Yves Bareau

- **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/pierre-yves-bareau/)
- **In the industry**: 35 YEARS
- **With J.P. Morgan**: 17 YEARS
- **Managing this fund**: 13 YEARS

### Leandro Galli

- **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/leandro-galli/)
- **Managing this fund**: 3 YEARS

## Ratings

### Morningstar Summary Rating

- **As of **: 30/09/2026
- **Overall**: 5 of 5 stars


### Morningstar Medalist Rating

- **Morningstar Medalist Rating™**: Gold
- **As of **: 30/09/2026
- **Analyst-Driven %: **: 10
- **Data Coverage %: **: 96


## Performance

### Quarterly rolling 12 months

_As of  30/09/2026_

| Return | 2021/2022 | 2022/2023 | 2023/2024 | 2024/2025 | 2025/2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| JPM C (acc) - EUR | -7.38% | 6.05% | 14.74% | 5.57% | 21.86% |
| Benchmark | -10.73% | 3.32% | 14.45% | 6.81% | 20.00% |
| Excess return (geometric) | 3.75% | 2.64% | 0.25% | -1.16% | 1.55% |

### Calendar year

_As of  31/10/2026_

| Return | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | YTD |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| JPM C (acc) - EUR | 14.74% | 8.36% | -3.63% | 19.00% | 2.88% | 11.52% | -10.27% | 9.40% | 12.15% | 8.69% | 13.59% |
| Benchmark | 14.10% | 9.14% | -5.01% | 18.49% | 2.22% | 3.76% | -11.33% | 7.05% | 11.97% | 9.68% | 12.88% |
| Excess return (geometric) | 0.56% | -0.71% | 1.45% | 0.43% | 0.64% | 7.48% | 1.20% | 2.20% | 0.16% | -0.90% | 0.63% |

### Cumulative

_As of  31/10/2026_

| Return | 1 MONTH | 3 MONTHS | 1 YEAR | 3 YEARS | 5 YEARS | 10 YEARS |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| JPM C (acc) - EUR | -2.33% | 0.40% | 13.88% | 47.33% | 40.73% | 93.10% |
| Benchmark | -2.27% | -0.44% | 12.30% | 46.64% | 31.87% | 70.92% |
| Excess return (geometric) | -0.07% | 0.85% | 1.40% | 0.46% | 6.72% | 12.97% |

### Annualised

_As of  31/10/2026_

| Return | 3 YEARS | 5 YEARS | 10 YEARS |
| --- | ---: | ---: | ---: |
| JPM C (acc) - EUR | 13.79% | 7.07% | 6.80% |
| Benchmark | 13.61% | 5.69% | 5.51% |
| Excess return (geometric) | 0.15% | 1.31% | 1.23% |

 [Disclosure 4]

## Portfolio

### Top holdings

_As of 30/09/2026_

| Name | Sector | Weight |
| --- | ---: | ---: |
| Taiwan Semiconductor | Information Technology | 4.7% |
| Samsung Electronics | Information Technology | 4.3% |
| SK Hynix | Information Technology | 2.7% |
| MediaTek | Information Technology | 1.6% |
| Lenovo | Information Technology | 1.5% |
| ASE Technology | Information Technology | 1.4% |
| Tencent | Communication Services | 1.4% |
| Advantech | Information Technology | 1.1% |
| Petrobras | Energy | 1.0% |
| National Bank of Greece | Financials | 1.0% |


### Sector breakdown

_As of 30/09/2026_

| Sector | Fund | Benchmark | Deviation |
| --- | ---: | ---: | ---: |
| Information Technology | 41.8% | 43.7% | -1.9% |
| Financials | 26.5% | 19.3% | 7.2% |
| Consumer Discretionary | 7.8% | 7.4% | 0.4% |
| Communication Services | 5.7% | 5.9% | -0.2% |
| Materials | 5.4% | 5.8% | -0.4% |
| Energy | 3.9% | 3.4% | 0.5% |
| Consumer Staples | 3.2% | 2.6% | 0.6% |
| Industrials | 1.7% | 6.3% | -4.6% |
| Real Estate | 1.6% | 1.0% | 0.6% |
| Utilities | 1.3% | 1.9% | -0.6% |
| Health Care | 0.0% | 2.7% | -2.7% |
| Cash | 1.1% | 0.0% | 1.1% |
| Total | 100.0% | 100.0% | 0.0% |


### Sector breakdown - fixed income

_As of 30/09/2026_

| Sector | Sector breakdown - fixed income |
| --- | ---: |
| Hard Currency Sovereign | 24.6% |
| Local Currency Sovereign | 54.1% |
| Corporate | 21.4% |


### Regional exposure

_As of 30/09/2026_

| Region | Equity | Debt | Fund |
| --- | ---: | ---: | ---: |
| Taiwan | 12.1% | 0.0% | 12.1% |
| China | 11.6% | 1.1% | 12.7% |
| Korea | 11.0% | 0.0% | 11.0% |
| Brazil | 3.4% | 3.0% | 6.4% |
| India | 2.7% | 1.9% | 4.6% |
| South Africa | 1.8% | 2.3% | 4.1% |
| Mexico | 1.5% | 4.1% | 5.6% |
| Saudi Arabia | 1.3% | 0.1% | 1.4% |
| Greece | 1.0% | 0.0% | 1.0% |
| Others | 3.0% | 34.7% | 37.7% |
| Cash and cash equivalents | 0.0% | 0.0% | 3.4% |
| Total | 49.4% | 47.2% | 100.0% |
 [Disclosure 5]

### Bond quality breakdown

_As of 30/09/2026_

| Bond quality breakdown | Bond quality breakdown |
| --- | ---: |
| AAA | 3.98% |
| AA | 4.03% |
| A | 15.43% |
| BBB | 37.12% |
| < BBB | 38.25% |
| Non Rated | 1.23% |


## Documents

- [Factsheet](https://jp.techrules.com/rebrandingPDF/LoadPdf.aspx?ShareClassId=11461&country=GB&lang=EN&paramMIFID=YES)
- [Key Investor Information Document](https://wl.fundsquare.net/serv/down-doc/request?cdClient=jpmorgan&isin=LU0973367849&docTypeCode=KIID&docLang=EN&docCountry=GB)
- [JPMorgan Funds - Prospectus](https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/regional/en/regulatory/prospectus/jpmorgan-funds-prospectus-ce-en.pdf)
- [JPMorgan Funds - Annual Report](https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/regional/en/regulatory/annual-report/jpmorgan-funds-annual-report-ce-en.pdf)
- [JPMorgan Funds - Semi-Annual Report ](https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/regional/en/regulatory/semi-annual-report/jpmorgan-funds-semi-annual-report-ce-en.pdf)

## Disclosures

1. Promotes environmental and / or social characteristics.

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. Benchmark Source: MSCI. Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved, in or related to compiling, computing, or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI's express written consent. 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 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. The benchmark is for comparative purposes only unless specifically referenced in the Sub-Funds' Investment Objective and Policy.

5. Figures shown may not add up to 100 due to rounding.