# Product Snapshot - JPMorgan ETFs (Ireland) ICAV - USD IG Corporate Bond Active UCITS ETF

> Audience: country=gb, language=en, role=adv.
> Generated: 2026-11-07T06:07:57.088722960Z.

## Identity

- **Fund Name**: JPMorgan ETFs (Ireland) ICAV - USD IG Corporate Bond Active UCITS ETF
- **Share Class Name**: JPM USD IG Corporate Bond Active UCITS ETF - GBP Hedged (acc)
- **Product Page**: [Product Page](https://am.jpmorgan.com/gb/en/asset-management/adv/products/jpm-usd-ig-corporate-bond-active-ucits-etf-gbp-hedged-acc-ie00bn7jcj33)
- **Ticker Symbol**: JRUP
- **ISIN**: IE00BN7JCJ33
- **Fund Type**: ETF
- **Asset Class**: Bond

## Overview

### Investment objective

The Sub-Fund aims to achieve a long-term return in excess of Bloomberg US Corporate Bond Index (the "Benchmark") by actively investing primarily in a portfolio of investment grade US Dollar denominated corporate debt securities.



### Registered countries

- **Ireland**: 07/01/2022
- **United Kingdom**: 11/01/2022


## Fund facts

- **Ticker**: JRUP
- **ISIN**: IE00BN7JCJ33
- **Asset class**: Bond
- **Region**: America
- **Fund inception date**: 06/12/2018
- **Share class inception**: 20/01/2022
- **Domicile**: Ireland
- **Fund currency**: USD
- **Share class currency**: GBP
- **ESG Approach**: ESG Promote [Disclosure 1]
- **SFDR Classification**: Article 8 [Disclosure 2]

## Fund stats

- **NAV  As of 06/11/2026**: GBP 85.7933 [Disclosure 3]
- **NAV change As of 06/11/2026**: GBP -0.0763
- **NAV change (%) As of 06/11/2026**: -0.09%
- **Fund size As of 06/11/2026**: USD 92.31 Mn
- **Shares outstanding As of 06/11/2026**: 191,923
- **Number of Holdings**: 409
- **Fiscal year end**: 31 December
- **UK reporting status**: Yes
- **Securities lending**: No

## Fees & Charges

### Fees

- **Ongoing charge**: 0.04%
 [Disclosure 4]

## Portfolio managers

### Vikas Pathani

- **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/vikas-pathani/)
- **In the industry**: 22 YEARS
- **With J.P. Morgan**: 22 YEARS
- **Managing this fund**: Less than one year

### Andreas Michalitsianos

- **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/andreas-michalitsianos/)
- **In the industry**: 24 YEARS
- **With J.P. Morgan**: 24 YEARS
- **Managing this fund**: Less than one year

### Sameer Iqbal

- **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/sameer-iqbal/)
- **In the industry**: 13 YEARS
- **With J.P. Morgan**: 13 YEARS
- **Managing this fund**: 7 YEARS

### Qiwei Zhu

- **Biography**: [Biography](https://am.jpmorgan.com/gb/en/asset-management/adv/bios/qiwei-zhu/)
- **In the industry**: 18 YEARS
- **With J.P. Morgan**: 14 YEARS
- **Managing this fund**: 5 YEARS

## Performance

### Quarterly rolling 12 months

_As of  30/09/2026_

| Return | 2021/2022 | 2022/2023 | 2023/2024 | 2024/2025 | 2025/2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| JPM - GBP Hedged (acc) | - | 2.33% | 13.56% | 3.47% | -2.38% |
| Benchmark - USD | - | 3.65% | 14.28% | 3.63% | -2.30% |
| Excess return (geometric) | - | -1.27% | -0.63% | -0.16% | -0.08% |

### Calendar year

_As of  31/10/2026_

| Return | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | YTD |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| JPM - GBP Hedged (acc) | - | - | - | - | - | - | - | 7.56% | 1.79% | 7.50% | -1.15% |
| Benchmark - USD | - | - | - | - | - | - | - | 8.52% | 2.13% | 7.77% | -1.02% |
| Excess return (geometric) | - | - | - | - | - | - | - | -0.88% | -0.32% | -0.25% | -0.13% |

### Cumulative

_As of  31/10/2026_

| Return | 1 MONTH | 3 MONTHS | 1 YEAR | 3 YEARS | 5 YEARS | SINCE INCEPTION |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| JPM - GBP Hedged (acc) | 2.00% | -0.52% | -0.76% | 19.29% | - | -0.68% |
| Benchmark - USD | 2.16% | -0.19% | -0.57% | 20.46% | - | 2.43% |
| Excess return (geometric) | -0.15% | -0.33% | -0.19% | -0.97% | - | -3.03% |

### Annualised

_As of  31/10/2026_

| Return | 3 YEARS | 5 YEARS | SINCE INCEPTION |
| --- | ---: | ---: | ---: |
| JPM - GBP Hedged (acc) | 6.05% | - | -0.14% |
| Benchmark - USD | 6.40% | - | 0.50% |
| Excess return (geometric) | -0.33% | - | -0.64% |

 [Disclosure 5]

## Portfolio

### Sector breakdown

_As of 30/09/2026_

| Sector | Fund | Benchmark | Deviation |
| --- | ---: | ---: | ---: |
| Financial Institutions | 37.7% | 32.1% | 5.6% |
| Utilities | 12.3% | 10.2% | 2.1% |
| Consumer Non-Cyclicals | 11.3% | 15.0% | -3.7% |
| Communications | 9.8% | 7.8% | 2.0% |
| Energy | 8.6% | 6.7% | 1.9% |
| Consumer Cyclicals | 4.6% | 7.4% | -2.8% |
| Technology | 4.3% | 10.0% | -5.7% |
| Basic Industry | 2.9% | 2.3% | 0.6% |
| Capital Goods | 2.4% | 5.4% | -3.0% |
| Non-Corporate Credit | 0.9% | 0.0% | 0.9% |
| Transportation | 0.6% | 1.8% | -1.2% |
| Other Industrial | 0.0% | 0.6% | -0.6% |
| Cash | 4.4% | 0.5% | 3.9% |
| Total | 99.8% | 99.8% | 0.0% |


### Regional breakdown

_As of 30/09/2026_

| Region | Regional breakdown |
| --- | ---: |
| United States | 78.3% |
| United Kingdom | 4.7% |
| Ireland | 2.2% |
| Italy | 2.1% |
| Canada | 2.1% |
| France | 1.7% |
| Spain | 1.4% |
| Japan | 1.3% |
| Germany | 1.3% |
| South Africa | 1.1% |
| Australia | 0.9% |
| Switzerland | 0.8% |
| Denmark | 0.5% |
| Belgium | 0.5% |
| Mexico | 0.4% |
| Norway | 0.3% |
| Chile | 0.2% |
| Hong Kong | 0.1% |
| Total | 99.9% |


### Bond quality breakdown

_As of 30/09/2026_

| Bond quality breakdown | Bond quality breakdown |
| --- | ---: |
| AAA | 0.02% |
| AA | 3.9% |
| A | 31.31% |
| BBB | 59.22% |
| < BBB | 1.12% |
| Cash | 4.43% |
| Corporate Bonds | 94.48% |
| Average duration | 6.4 years |
| Yield to maturity | 6.24% |
| Average maturity | 9.9 years |


## Documents

- [Factsheet](https://jp.techrules.com/rebrandingPDF/LoadPdf.aspx?ShareClassId=14407&country=GB&lang=EN&paramMIFID=YES)
- [USD IG Corporate Bond Active UCITS ETF Fund Commentary](https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/regional/en/literature/commentary/jpm-usd-corporate-bond-research-enhanced-index-esg-ucits-etf-commentary.pdf)
- [Key Investor Information Document](https://wl.fundsquare.net/serv/down-doc/request?cdClient=jpmorgan&isin=IE00BN7JCJ33&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 USD IG Corporate Bond Active UCITS ETF (English) ](https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/regional/en/regulatory/etf-supplement/jpmorgan-icav-usd-corporate-bond-rei-supplement-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. The ongoing charge figure is a maximum that can be charged and includes a fee waiver by the Management Company in the amount of 0.15% per annum until 30 November 2026. From 1 December 2026 to 31 May 2027, the applicable revised fee waiver would be in the amount of 0.09% per annum. From 1 June 2027, the ongoing charge will revert to 0.19% per annum.

5. 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: The Products are not sponsored, endorsed, sold or promoted by Bloomberg Barclays Capital, and Bloomberg Barclays Capital makes no warranty, express or implied, as to the results to be obtained by any person or entity from the use of any index, any opening, intra-day or closing value therefore, or any data included therein or relating thereto, in connection with any Fund or for any other purpose. Bloomberg Barclays Capital’s onlyrelationship to the Licensee with respect to the Products is the licensing of certain trademarks and trade names of Bloomberg Barclays Capital and the Bloomberg Barclays Capital indexes that are determined, composed and calculated by Bloomberg Barclays Capital without regard to Licensee or the Products. 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.