MARKETING COMMUNICATION | Factsheet | 31 January 2025 Risk and Reward Profile Lower RiskHigher Risk Potentially lower reward Potentially higher reward JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income UCITS ETF Class: JPM GBP Ultra-Short Income UCITS ETF - GBP (dist) Fund overview Fund ratings As at 31 January 2025 ISIN Morningstar Category™ GBP Diversified Bond - Short Term IE00BD9MMG79 Investment objective: The Sub Sub--Fund aims to provide current income Performance while seeking to maintain a low volatility of principal. 1 Class: JPM GBP UltraUltra--Short Income UCITS ETF - GBP (dist) Investment policy: The SubSub--Fund pursues an actively actively--managed 2 Benchmark: ICE BofA Sterling 33--Month Government Bill Index investment strategy. Growth of GBP 100,000 Calendar years Investment approach l Sterling--denominated, Invests primarily in investment grade, Pound Sterling short term fixed, variable and floating rate debt securities. l Actively manages credit and duration exposure and targets a duration of one year or less. l Selects individual securities after performing a risk/reward analysis that includes an evaluation of their characteristics including income, interest rate risk, credit risk, ESG profile and legal and technical structure. l Applies values and norms based screening and implements minimum investment thresholds on companies with positive ESG characteristics. 31 Jan 202031 Jan 2025 Investor profile: Typical investors in the Sub Sub--Fund are expected to be Quarterly rolling 12-month performance (%) investors who want to take broad market exposure to short duration debt As at end of December 2024 securities and who are looking for potentially higher returns than a 2019/2020 2020/20212021/2022 2022/20232023/2024 money market fund and are prepared to incur a higher level of risk in order to achieve this, including the volatility of investments in such debt1.06 -0.010.485.08 5.11 securities.0.30 -0.01 1.30 4.67 5.20 Calendar Year Performance (%) 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Portfolio manager(s)Fund assets Domicile Ireland---- 1.24 1.06 -0.01 0.48 5.08 5.11 Neil Hutchison GBP 171.5m Shares outstanding---- 0.76 0.30 -0.01 1.30 4.67 5.20 Fund reference Fund launch 1,333,030 currency GBP6 Jun 2018Return (%) UK reporting status Share class NAV GBP 101.1981 Yes Cumulative Annualised currency GBPClass launch Ongoing charge 0.18% 1 month 3 months 1 yearYTD 3 years 5 years Launch 0.52 1.41 5.27 0.52 3.77 2.40 2.06 6 Jun 2018 Securities Lending No 0.44 1.28 5.21 0.44 3.86 2.34 1.94 ESG information ESG approach - ESG Promote Promotes environmental and / or social characteristics. Performance Disclosures Past performance is not a guide to current and future performance. SFDR classification: Article 8 "Article 8" strategies promote social and/or environmentalThe value of your investments and any income from them may fall characteristics, but do not have sustainable investing as a core as well as rise and you may not get back the full amount you objective.invested. ESG For more information on our approach to sustainable investing at J.P. Morgan Asset Management please visit https://am.jpmorgan.com/lu/esg Page 2 of 3 | Factsheet | 31 January 2025Class: JPM GBP Ultra Ultra--Short Income UCITS ETF - GBP (dist) Dividend History Mth Regions (%) PaymentAnnualised Amount Record DateDividend Date yield n 24.4 United Kingdom Yield £0.4577 09 Aug 202409 Sep 2024 0.45 % 5.58 % n 13.1 Canada £0.4619 15 Nov 202406 Dec 2024 0.46 % 5.64 % n 13.1United States £0.3497 13 Dec 202408 Jan 2025 0.35 % 4.24 % £0.3609 17 Jan 202507 Feb 2025 0.36 % 4.38 % n 9.9 France £0.4318 14 Feb 202507 Mar 2025 0.43 % 5.25 % n 9.5 Luxembourg n 7.4 Germany Portfolio analysisn 6.0 Australia Measurement 3 years5 years Correlation 0.89 0.73n 3.2 Netherlands Alpha (%) -0.09 0.05n 3.1 Finland Beta1.26 0.99 Annualised volatility (%) 0.77 0.91n 2.5 Belgium Sharpe ratio -0.13 0.06n 2.1 Switzerland Tracking error (%) 0.39 0.62 Information ratio -0.23 0.09n 5.9 Others Figures shown may not add up to 100 due to rounding. Holdings Maturity %of Sectors (%) TOP 10 Sector date assets n 56.2 Corporate Nova Scotia Bank Corporate 17/12/2025 2.7 n 21.3 Money Market Instruments (Canada) Canadian Imperial Bank of n 7.1 Covered Bond Corporate25/09/2025 2.3 Commerce (Canada) n 4.4 Non Non--Corporate Credit Wells Fargo (United States) Corporate 28/07/2025 2.2 BNP Paribas (France)Corporate 23/01/2026 2.1 n 0.4 Securitized DZ Bank (Germany) Commercial Paper 16/05/2025 2.0 n 0.1 Agency Banco Santander (Spain) Corporate 14/04/2026 2.0 n 0.1 Mortgages ABN Amro Bank Corporate 26/05/2026 1.9 n 10.4 Cash (Netherlands) Nippon Telegraph And Figures shown may not add up to 100 due to rounding. Telephone (United Commercial Paper 14/03/2025 1.7 Kingdom) Metlife (United States) Corporate 30/09/2026 1.7 Number of Holdings Groupe BPCE (France)Corporate 22/12/2025 1.6 108 Bond quality breakdown (%) Corporate Bonds: 56.15% Average duration: 0.69 yrs Yield to maturity: 4.70% Average maturity: 0.87 yrs Average credit quality: A+ Average Coupon: 3.44% Figures shown may not add up to 100 due to rounding. Trading information Stock exchange Exchange tickerTrading currency Bloomberg tickerReuters RIC SEDOL London Stock Exchange JGST GBPJGST LN JGST.L BFX1V90 Page 3 of 3 | Factsheet | 31 January 2025 Class: JPM GBP Ultra Ultra--Short Income UCITS ETF - GBP (dist) excluding any entry and exit fees. Performance is shown based on Key risksthe NAV which may not be the same as the market price of the ETF. The value of your investment may fall as well as rise and you may getIndividual shareholders may realise returns that are different to the back less than you originally invested. NAV based returns. The value of debt securities may change significantly depending on The return of your investment may change as a result of currency economic and interest rate conditions as well as the credit fluctuations if your investment is made in a currency other than that worthiness of the issuer. Issuers of debt securities may fail to meetused in the past performance calculation. payment obligations or the credit rating of debt securities may be Indices do not include fees or operating expenses and you cannot downgraded. These risks are typically increased for below investment invest in them. grade debt securities which may also be subject to higher volatility The benchmark is for comparative purposes only unless specifically and lower liquidity than investment grade debt securities.The credit referenced in the SubSub-- Funds' Investment Objective and Policy. worthiness of unrated debt securities is not measured by reference toDividend income shown is gross of any applicable tax. an independent credit rating agency. Asset-backed, collateralised loan obligations and mortgage-backedInformation Sources securities may be less liquid than other securities in which the Sub-Fund information, including performance calculations and other Fund will invest, subject to adverse changes to interest rates and todata, is provided by J.P. Morgan Asset Management (the marketing the risk that the payment obligations relating to the underlying assets name for the asset management businesses of JPMorgan Chase & are not met. Co. and its affiliates worldwide). The Sub-Fund may be concentrated in the banking industry and in the All data is as at the document date unless indicated otherwise. UK sectors, markets and/or currency. As a result, the Sub-Fund may © 2025 Morningstar. All Rights Reserved. The information contained be more volatile than more broadly diversified funds.herein: (1) is proprietary to Morningstar; (2) may not be copied or Exclusion of issuers that do not meet certain ESG criteria from the distributed; and (3) is not warranted to be accurate, complete or Sub-Fund's investment universe may cause the Sub-Fund to perform timely. Neither Morningstar nor its content providers are responsible differently compared to similar funds that do not have such a policy.for any damages or losses arising from any use of this information. Movements in currency exchange rates can adversely affect theBenchmark source: The index data referenced herein is the property return of your investment. The currency hedging that will be used toof Merrill Lynch, Pierce, Fenner & Smith Incorporated (BofAML) and/or minimise the effect of currency fluctuations may not always beits licensors and has been licensed for use by JP Morgan Chase successful.Bank N.A. BofAML and its licensors accept no liability in connection Further information about risks can be found in the "Risk Information"with its use. section of the Prospectus.Regional ContactJPMorgan Asset Management (UK) Limited Registered address: 25 General DisclosuresBank Street, Canary Wharf, London E14 5JP, United Kingdom. Before investing, obtain and review the current prospectus, Authorised and regulated by the Financial Conduct Authority. Key Investor Information Document (KIID), and any applicable localRegistered in England No. 01161446. offering document. These documents, as well as theIssuer sustainability-related disclosures, the annual and semi-annual reports and the articles of incorporation, are available in English JPMorgan Asset Management (Europe) S.à r.l., 6, route de Trèves, L L-- from your financial adviser, your J.P. Morgan Asset Management2633 Senningerberg, Luxembourg. B27900, corporate capital EUR regional contact, the fund’s issuer (see below) or at 10.000.000.The SubSub-- Fund is authorised in Ireland and regulated by https://am.jpmorgan.com/gb/en/asset-management/per/. Athe Central Bank of Ireland. summary of investor rights is available in English at https://am.jpmorgan.com/lu/investor-rights. J.P. MorganDefinitions Asset Management may decide to terminate the arrangements made for the marketing of its collective investment undertakings. NAV Net Asset Value of a fundfund’’s assets less its liabilities per Share. This material should not be considered as advice or an investment Correlation measures the strength and direction of the relationship recommendation. Fund holdings and performance are likely to have between movements in fund and benchmark returns. A correlation changed since the report date.of 1.00 indicates that fund and benchmark returns move in lockstep To the extent permitted by applicable law, we may record telephonein the same direction. calls and monitor electronic communications to comply with ourAlpha (%) a measure of excess return generated by a manager legal and regulatory obligations and internal policies. Personal data compared to the benchmark. An alpha of 1.00 indicates that a fund will be collected, stored and processed by J.P. Morgan Asset has outperformed its benchmark by 1%. Management in accordance with our EMEA PrivacyBeta measures a fundfund’’s sensitivity to market movements (as Policy www.jpmorgan.com/emea www.jpmorgan.com/emea-- privacyprivacy-- policy policy..fund’’s benchmark). A beta of 1.10 suggests therepresented by the fund The risk indicator is based on the historic volatility of the Net Asset fund could perform 10% better than the benchmark in up markets Value of the Share Class over the last five years and may not be aand 10% worse in down markets, assuming all other factors remain reliable indication of the future risk profile of the Share Class. The risk constant. Usually the higher betas represent riskier investments. and reward category shown above is not guaranteed to remain Annualised volatility (%) measures the extent to which returns vary unchanged and may change over time. A Share Class with the lowest up and down over a given period.risk-- free investment. See the Key risk rating does not mean a risk Sharpe ratio performance of an investment adjusting for the Investor Information Document (KIID) for details. amount of risk taken (compared a risk risk-- free investment). The higherthe Sharpe ratio the better the returns compared to the risk taken. The possible difference between the current ongoing charge as Tracking error (%) measures how much a fund fund’’s returns deviate stated in this document and those mentioned in the KIID, is causedfrom those of the benchmark. The lower the number the closer the by the fact that the costs mentioned in the KIID are an estimate fundfund’’s historic performance has followed its benchmark. based on the actual costs incurred over the past year.Information ratio measures if a manager is outperforming or Performance information underperforming the benchmark and accounts for the risk taken toachieve the returns. A manager who outperforms a benchmark by 2% Source: J.P. Morgan Asset Management. Share class performance is p.a. will have a higher IR than a manager with the same shown based on the NAV (net asset value) of the share class with outperformance but who takes more risk. income (gross) reinvested including actual ongoing charges 09ns212809150855