Title: URL Source: https://is.gd/qsm2xz Markdown Content: MARKETING COMMUNICATION | Factsheet | 31 March 2025 | 31 March 2025 JPMorgan ETFs (Ireland) ICAV - # Emerging Markets Local Currency Bond Active # UCITS ETF Class: JPM Emerging Markets Local Currency Bond Active UCITS ETF - USD (dist) Promotes environmental and / or social characteristics. Promotes environmental and / or social characteristics. "Article 8" strategies promote social and/or environmental "Article 8" strategies promote social and/or environmental characteristics, but do not have sustainable investing as a core characteristics, but do not have sustainable investing as a core objective. objective. ## Fund overview ISIN IE000BS9KP42 IE000BS9KP42 Investment objective: The objective of the Sub The objective of the Sub --Fund is to achieve a Fund is to achieve a long long --term return in excess of J.P. Morgan GBI term return in excess of J.P. Morgan GBI --EM Global Diversified EM Global Diversified (Total Return Gross) ("the Benchmark") by actively investing primarily in (Total Return Gross) ("the Benchmark") by actively investing primarily in emerging market local currency debt securities, using financial emerging market local currency debt securities, using financial derivative instruments to gain exposure to underlying assets, where derivative instruments to gain exposure to underlying assets, where appropriate. appropriate. Investment policy: The Sub The Sub --Fund pursues an actively Fund pursues an actively --managed managed investment strategy. investment strategy. Investment approach Investor profile: Typical investors in the Sub Typical investors in the Sub --Fund are expected to be Fund are expected to be those who seek exposure to the market covered by the Benchmark and those who seek exposure to the market covered by the Benchmark and take market exposure to emerging market local currency debt securities. take market exposure to emerging market local currency debt securities. Investors may also be seeking investments with positive environmental Investors may also be seeking investments with positive environmental and/or social characteristics that follow good governance practices and and/or social characteristics that follow good governance practices and an overlay of ESG integration and values and norms an overlay of ESG integration and values and norms --based screening of based screening of its investment universe its investment universe Uses a globally integrated, research driven investment process that Uses a globally integrated, research driven investment process that focuses on analysing fundamental, quantitative and technical factors focuses on analysing fundamental, quantitative and technical factors across countries, sectors and issuers across countries, sectors and issuers Combines top Combines top --down asset allocation and bottom down asset allocation and bottom --up security selection up security selection targeting diversified sources of portfolio return targeting diversified sources of portfolio return –– including sector including sector rotation, security selection, currencies and yield curve positioning. rotation, security selection, currencies and yield curve positioning. ## ESG information ESG approach - ESG Promote SFDR classification: Article 8 > l > l Portfolio manager(s) Didier Lambert Didier Lambert Pierre Pierre --Yves Bareau Yves Bareau Ishitaa Sharma Ishitaa Sharma Julien Allard Julien Allard Supreet Khandate Supreet Khandate Kush Purohit Kush Purohit Jason Pang Jason Pang Fund reference currency USD Share class currency USD Fund assets USD 25.0m USD 25.0m Fund launch 5 Mar 2025 5 Mar 2025 NAV USD 10.0055 Class launch 5 Mar 2025 5 Mar 2025 Domicile Ireland Shares outstanding 1,343,000 1,343,000 UK reporting status Yes Yes Ongoing charge 0.45% As at 31 March 2025 As at 31 March 2025 Fund ratings ## Performance Quarterly rolling 12 -month performance (%) As at end of March 2025 As at end of March 2025 Calendar Year Performance (%) Return (%) Cumulative Annualised 1 month 3 months 1 year YTD 3 years 5 years Launch -- -- -- -- -- -- -- -- -- -- -- -- -- -- 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. For more information on our approach to sustainable investing at J.P. For more information on our approach to sustainable investing at J.P. Morgan Asset Management please visit Morgan Asset Management please visit https://am.jpmorgan.com/lu/esg https://am.jpmorgan.com/lu/esg Performance Disclosures ESG Morningstar Category™ Global Emerging Markets Bond - Local Currency Class: JPM Emerging Markets Local Currency Bond Active UCITS ETF JPM Emerging Markets Local Currency Bond Active UCITS ETF -- USD (dist) USD (dist) Benchmark: J.P. Morgan GBI J.P. Morgan GBI --EM Global Diversified (Total Return EM Global Diversified (Total Return Gross) Gross) 1 2 Growth of USD 100,000 Calendar years Due to local regulation, we are unable to show performance for the first 12 months. Due to local regulation, we are unable to show performance for the first 12 months. 2020/2021 2021/2022 2022/2023 2023/2024 2024/2025 -- -- -- -- -- -- -- -- -- -- 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Risk and Reward Profile Lower Risk > Potentially lower reward Potentially lower reward Higher Risk > Potentially higher reward Potentially higher reward ## Holdings TOP 10 > As at 31 March 2025 Coupon rate Maturity date Sector %of assets L&G INDIA INR GOV BOND UCITS (Ireland) L&G INDIA INR GOV BOND UCITS (Ireland) 0.000 0.000 -- Financial Services Financial Services 9.7 9.7 MALAYSIA 3.582% 07/15/32/MYR/ (Malaysia) MALAYSIA 3.582% 07/15/32/MYR/ (Malaysia) 3.582 3.582 15/07/2032 15/07/2032 Government Government 4.3 4.3 POLAND GOVERN 6% 10/25/33/PLN/ (Poland) POLAND GOVERN 6% 10/25/33/PLN/ (Poland) 6.000 6.000 25/10/2033 25/10/2033 Government Government 3.9 3.9 MALAYSIA 3.828% 07/05/34/MYR/ (Malaysia) MALAYSIA 3.828% 07/05/34/MYR/ (Malaysia) 3.828 3.828 05/07/2034 05/07/2034 Government Government 3.9 3.9 INDONESIA G 6.5% 02/15/31/IDR/ (Indonesia) INDONESIA G 6.5% 02/15/31/IDR/ (Indonesia) 6.500 6.500 15/02/2031 15/02/2031 Government Government 3.6 3.6 CZECH REPUB 4.5% 11/11/32/CZK/ (Czech Republic) CZECH REPUB 4.5% 11/11/32/CZK/ (Czech Republic) 4.500 4.500 11/11/2032 11/11/2032 Government Government 3.1 3.1 CHINA GOVE 2.68% 05/21/30/CNY/ (China) CHINA GOVE 2.68% 05/21/30/CNY/ (China) 2.680 2.680 21/05/2030 21/05/2030 Government Government 3.1 3.1 INDONESIA GOV 7% 02/15/33/IDR/ (Indonesia) INDONESIA GOV 7% 02/15/33/IDR/ (Indonesia) 7.000 7.000 15/02/2033 15/02/2033 Government Government 3.1 3.1 CHINA GOVE 2.11% 08/25/34/CNY/ (China) CHINA GOVE 2.11% 08/25/34/CNY/ (China) 2.110 2.110 25/08/2034 25/08/2034 Government Government 2.9 2.9 MEX BONOS D 8.5% 02/28/30/MXN/ (Mexico) MEX BONOS D 8.5% 02/28/30/MXN/ (Mexico) 8.500 8.500 28/02/2030 28/02/2030 Government Government 2.9 2.9 Value at Risk (Var) Fund Benchmark VaR VaR 4.93% 4.93% 4.87% 4.87% Number of Holdings 64 64 Trading information Stock exchange Stock exchange Exchange ticker Exchange ticker Trading currency Trading currency Bloomberg ticker Bloomberg ticker Reuters RIC Reuters RIC SEDOL SEDOL London Stock Exchange London Stock Exchange JLOD JLOD USD USD JLOD LN JLOD LN JLOD.L JLOD.L BTKSZQ7 BTKSZQ7 London Stock Exchange London Stock Exchange JLDO JLDO GBP GBP JLDO LN JLDO LN JLDO.L JLDO.L BRCG048 BRCG048 Deutsche Borse Deutsche Borse JLOD JLOD EUR EUR JLOD GY JLOD GY JLOD.DE JLOD.DE BRC81G3 BRC81G3 Page 2 of 3 | Factsheet | 31 March 2025 | 31 March 2025 Class: JPM Emerging Markets Local Currency Bond Active UCITS ETF Class: JPM Emerging Markets Local Currency Bond Active UCITS ETF -- USD (dist) USD (dist) Before investing, obtain and review the current prospectus, Key Investor Information Document (KIID), and any applicable local offering document. These documents, as well as the sustainability -related disclosures, the annual and semi -annual reports and the articles of incorporation, are available in English from your financial adviser, your J.P. Morgan Asset Management regional contact, the fund ’s issuer (see below) or at https://am.jpmorgan.com/gb/en/asset -management/per/. A summary of investor rights is available in English at https://am.jpmorgan.com/lu/investor -rights . J.P. Morgan Asset Management may decide to terminate the arrangements made for the marketing of its collective investment undertakings. This material should not be considered as advice or an investment This material should not be considered as advice or an investment recommendation. Fund holdings and performance are likely to have recommendation. Fund holdings and performance are likely to have # Key risks The value of your investment may fall as well as rise and you may get back less than you originally invested. Government debt securities, including those issued by local governments and government agencies, are subject to market risk, interest rate risk and credit risk. Governments may default on their sovereign debt and holders of sovereign debt (including the Sub -Fund) may be requested to participate in the rescheduling of such debt and to extend further loans to governmental entities The value of debt securities may change significantly depending on economic and interest rate conditions as well as the credit worthiness of the issuer. Issuers of debt securities may fail to meet payment obligations or the credit rating of debt securities may be downgraded. These risks are typically increased for below investment grade debt securities which may also be subject to higher volatility and lower liquidity than investment grade debt securities. The credit worthiness of unrated debt securities is not measured by reference to an independent credit rating agency. Distressed debt securities carry a high risk of loss, as the issuers are either in severe financial distress or in bankruptcy. Contingent convertible debt securities are likely to be adversely impacted should specific trigger events occur (as specified in the contract terms of the issuing company). This may be as a result of the security converting to equities at a discounted share price, the value of the security being written down, temporarily or permanently, and/or coupon payments ceasing or being deferred. Emerging markets may be subject to increased political, regulatory and economic instability, less developed custody and settlement practices, poor transparency and greater financial risks. Emerging market and below investment grade debt securities may also be subject to higher volatility and lower liquidity than non -emerging market and investment grade debt securities respectively. Investment in onshore debt securities issued within the PRC through Bond Connect are subject to regulatory change and operational constraints which may result in increased counterparty risk. Sustainability risk may materially negatively impact the financial condition or operating performance of an issuer and therefore the value of that investment. In addition, it may increase the Sub -Fund's volatility and/or magnify pre -existing risks to the Sub -Fund. The Sub -Fund seeks to provide a return above the Benchmark; however the Sub -Fund may underperform the Benchmark. Further information about risks can be found in the "Risk Information" section of the Prospectus. General Disclosures changed since the report date. changed since the report date. To the extent permitted by applicable law, we may record telephone To the extent permitted by applicable law, we may record telephone calls and monitor electronic communications to comply with our calls and monitor electronic communications to comply with our legal and regulatory obligations and internal policies. Personal data legal and regulatory obligations and internal policies. Personal data will be collected, stored and processed by J.P. Morgan Asset will be collected, stored and processed by J.P. Morgan Asset Management in accordance with our EMEA Privacy Management in accordance with our EMEA Privacy Policy Policy www.jpmorgan.com/emea www.jpmorgan.com/emea --privacy privacy --policy policy .. The risk indicator is based on the historic volatility of the Net Asset The risk indicator is based on the historic volatility of the Net Asset Value of the Share Class over the last five years and may not be a Value of the Share Class over the last five years and may not be a reliable indication of the future risk profile of the Share Class. The risk reliable indication of the future risk profile of the Share Class. The risk and reward category shown above is not guaranteed to remain and reward category shown above is not guaranteed to remain unchanged and may change over time. A Share Class with the lowest unchanged and may change over time. A Share Class with the lowest risk rating does not mean a risk risk rating does not mean a risk --free investment. See the Key free investment. See the Key Investor Information Document (KIID) for details. Investor Information Document (KIID) for details. The possible difference between the current ongoing charge as The possible difference between the current ongoing charge as stated in this document and those mentioned in the KIID, is caused stated in this document and those mentioned in the KIID, is caused by the fact that the costs mentioned in the KIID are an estimate by the fact that the costs mentioned in the KIID are an estimate based on the actual costs incurred over the past year. based on the actual costs incurred over the past year. Source: J.P. Morgan Asset Management. Share class performance is Source: J.P. Morgan Asset Management. Share class performance is shown based on the NAV (net asset value) of the share class with shown based on the NAV (net asset value) of the share class with income (gross) reinvested including actual ongoing charges income (gross) reinvested including actual ongoing charges excluding any entry and exit fees. Performance is shown based on 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. 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 Individual shareholders may realise returns that are different to the NAV based returns. NAV based returns. The return of your investment may change as a result of currency The return of your investment may change as a result of currency fluctuations if your investment is made in a currency other than that fluctuations if your investment is made in a currency other than that used in the past performance calculation. used in the past performance calculation. Indices do not include fees or operating expenses and you cannot Indices do not include fees or operating expenses and you cannot invest in them. invest in them. The benchmark is for comparative purposes only unless specifically The benchmark is for comparative purposes only unless specifically referenced in the Sub referenced in the Sub --Funds' Investment Objective and Policy. Funds' Investment Objective and Policy. Fund information, including performance calculations and other Fund information, including performance calculations and other data, is provided by J.P. Morgan Asset Management (the marketing data, is provided by J.P. Morgan Asset Management (the marketing name for the asset management businesses of JPMorgan Chase & name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide). Co. and its affiliates worldwide). All data is as at the document date unless indicated otherwise. ©© 2025 Morningstar. All Rights Reserved. The information contained 2025 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. for any damages or losses arising from any use of this information. JPMorgan Asset Management (UK) Limited Registered address: 25 JPMorgan Asset Management (UK) Limited Registered address: 25 Bank Street, Canary Wharf, London E14 5JP, United Kingdom. Bank Street, Canary Wharf, London E14 5JP, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Authorised and regulated by the Financial Conduct Authority. Registered in England No. 01161446. Registered in England No. 01161446. JPMorgan Asset Management (Europe) S.à r.l., 6, route de Trèves, L JPMorgan Asset Management (Europe) S.à r.l., 6, route de Trèves, L -- 2633 Senningerberg, Luxembourg. B27900, corporate capital EUR 2633 Senningerberg, Luxembourg. B27900, corporate capital EUR 10.000.000.The Sub 10.000.000.The Sub --Fund is authorised in Ireland and regulated by Fund is authorised in Ireland and regulated by the Central Bank of Ireland. the Central Bank of Ireland. NAV Net Asset Value of a fund Net Asset Value of a fund ’’s assets less its liabilities per Share. s assets less its liabilities per Share. Performance information Information Sources Regional Contact Issuer Definitions > Page 3 of 3 | Factsheet | 31 March 2025 | 31 March 2025 Class: JPM Emerging Markets Local Currency Bond Active UCITS ETF Class: JPM Emerging Markets Local Currency Bond Active UCITS ETF --USD (dist) USD (dist) 09ns212809150855