MARKETING COMMUNICATION | Factsheet | 31 January 2025 Risk and Reward Profile Lower RiskHigher Risk Potentially lower reward Potentially higher rewardJPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF Class: JPM USD Emerging Markets Sovereign Bond UCITS ETF - EUR Hedged (acc) Fund overview Fund ratings As at 31 January 2025 ISINMorningstar Category™ Global Emerging Markets Bond - EUR IE00BDDRDY39Hedged Investment objective: The SubSub--Fund aims to provide an exposure to the performance of bonds issued by the governments or quasiquasi-- Performance government entities of emerging markets countries globally which are denominated in US Dollars. 1 Class: JPM USD Emerging Markets Sovereign Bond UCITS ETF - EUR Hedged (acc) Investment policy: The SubSub--Fund pursues a passively managed 2 Benchmark: J.P. Morgan Emerging Markets Risk Risk--Aware Bond Index (indextracking) strategy. Growth of EUR 100,000 Calendar years Investment approach l Seeks to provide returns that correspond to those of its Index by using the optimisation methodology. l USD--denominated emerging markets The Index is comprised of USD sovereigns and quasi quasi--sovereigns, and follows a rules rules--based methodology that aims to filter out the riskiest countries in the universe, while maintaining consistent exposure to the high yield segment of the EM market. Investor profile: Typical investors in the Sub Sub--Fund are expected to be investors who want to take exposure to the markets covered by the Index and are prepared to accept the risks associated with an investment of this type, including the volatility of such market.31 Jan 202031 Jan 2025 Quarterly rolling 12-month performance (%) Portfolio manager(s) Fund assets Domicile Ireland As at end of December 2024 Supreet Khandate USD 515.8m Shares outstanding 2019/2020 2020/20212021/2022 2022/20232023/2024 Andrew Bartlett Fund launch 3,271,790 3.33 -3.67-18.06 7.07 0.26 Kush Purohit 15 Feb 2018 -2.73 5.26 -9.63 6.59 9.45 UK reporting status Fund reference NAV EUR 87.9305 Yes Calendar Year Performance (%) currency USD 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Class launch Ongoing charge 0.39% Share class ---- 14.65 3.33 -3.67 -18.06 7.07 0.26 10 Oct 2018 Securities Lending Yes currency EUR ---- 20.76 -2.73 5.26 -9.63 6.59 9.45 Return (%) Please be aware a consolidation of shares took place with effective date ex--date 21st June 2023 on a ratio of 4:1, for certain share 20th June 2023, ex Cumulative Annualised classes of this sub sub--fund. For further information, please click herehere.. 1 month 3 months 1 yearYTD 3 years 5 years Launch 0.92-0.592.920.92 -2.96-2.75 0.17 0.69 4.34 10.080.69 2.49 1.06 4.64 ESG information ESG approach - ESG Promote Promotes environmental and / or social characteristics. SFDR classification: Article 8 Performance Disclosures "Article 8" strategies promote social and/or environmental Past performance is not a guide to current and future performance. characteristics, but do not have sustainable investing as a coreThe value of your investments and any income from them may fall objective. as well as rise and you may not get back the full amount you 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 2025 Class: JPM USD Emerging Markets Sovereign Bond UCITS ETF - EUR Hedged (acc) Portfolio analysis Measurement 3 years5 yearsBond quality breakdown (%) Correlation 0.71 0.79 AA: 6.01% Average duration: 6.87 yrs Alpha (%)-5.32 -3.77 A: 13.52% Yield to maturity (USD): 6.56% Beta 0.950.94 BBB: 23.28% Average maturity: 11.94 yrs Annualised volatility (%) 10.60 11.69 < BBB: 56.56% Average coupon: 5.29% Sharpe ratio-0.45 -0.28 Non Rated: 0.32% Tracking error (%)7.50 7.19 Cash: 0.31% Information ratio -0.70 -0.51 Figures shown may not add up to 100 due to rounding. Holdings Regions (%) Coupon Maturity %of TOP 10 n 8.1 Turkey ratedate assets Government of Braziln 7.9 Mexico 6.125 15/03/2034 1.1 (Brazil) n 5.7 Brazil Ministry of Finance Oman 4.750 15/06/2026 1.1n 5.1 (Oman) Oman Government of Dominican n 4.7 Saudi Arabia Republic (Dominican 4.875 23/09/20321.0 Republic) n 4.6 Dominican Republic Government of Turkeyn 4.5 Colombia 4.875 09/10/20261.0 (Turkey) n 4.2 Bahrain Government of Turkey 6.000 14/01/2041 0.9 (Turkey)n 3.9 South Africa Government of Qatar n 3.9 4.000 14/03/20290.9 Indonesia (Qatar) Government of South Africa n 3.7 United Arab Emirates4.300 12/10/2028 0.9 (South Africa) n 43.7 Others Kingdom of Bahrain5.625 18/05/20340.9 (Bahrain) Figures shown may not add up to 100 due to rounding. Government of Dominican Republic (Dominican 6.000 19/07/20280.8 Number of Holdings Republic) 371 Government of Jordan 7.500 13/01/2029 0.8 (Jordan)Trading information Stock exchange Exchange ticker Trading currencyBloomberg ticker Reuters RIC SEDOL Deutsche Borse JMBE EUR JMBE GY JMBE.DE BFZ2Q29 Borsa Italiana JMBE EUR JMBE IM JMBE.MI BFZ2Q18 Six Swiss Exchange JMBE EUR JMBE SW JMBE.S BFZ2Q07 Page 3 of 3 | Factsheet | 31 January 2025 Class: JPM USD Emerging Markets Sovereign Bond UCITS ETF - EUR Hedged (acc) 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. To the extent that the Sub-Fund uses financial derivative instruments, The return of your investment may change as a result of currency the risk profile and the volatility of the Sub-Fund may increase. That fluctuations if your investment is made in a currency other than that notwithstanding, the risk profile of the Sub-Fund is not expected to used in the past performance calculation. significantly deviate from that of the Index as a result of its use of Indices do not include fees or operating expenses and you cannot financial derivative instruments.invest in them. The value of debt securities may change significantly depending on The benchmark is for comparative purposes only unless specifically economic and interest rate conditions as well as the credit referenced in the SubSub-- Funds' Investment Objective and Policy. worthiness of the issuer. These risks are typically increased for belowInformation Sources investment grade debt securities which may also be subject to higher volatility and lower liquidity than investment grade debt securities. TheFund information, including performance calculations and other credit worthiness of unrated debt securities is not measured by data, is provided by J.P. Morgan Asset Management (the marketing reference to an independent credit rating agency.name for the asset management businesses of JPMorgan Chase & Emerging markets may be subject to increased political, regulatory Co. and its affiliates worldwide). and economic instability, less developed custody and settlement All data is as at the document date unless indicated otherwise. practices, poor transparency and greater financial risks. Emerging © 2025 Morningstar. All Rights Reserved. The information contained market currencies may be subject to volatile price movements.herein: (1) is proprietary to Morningstar; (2) may not be copied or Emerging market and below investment grade debt securities may distributed; and (3) is not warranted to be accurate, complete or also be subject to higher volatility and lower liquidity than non- timely. Neither Morningstar nor its content providers are responsible emerging market and investment grade debt securities respectively. for any damages or losses arising from any use of this information. The Sub-Fund is not expected to track the performance of the Index atBenchmark Source: Information has been obtained from sources all times with perfect accuracy. The Sub-Fund is, however, expected believed to be reliable but J.P. Morgan does not warrant its to provide investment results that, before expenses, generally completeness or accuracy. The Index is used with permission. The correspond to the price and yield performance of the Index. Index may not be copied, used, or distributed without J.P. MorganMorgan’’s Further information about risks can be found in the "Risk Information" prior written approval. Copyright 2023, J.P. Morgan Chase & Co. All section of the Prospectus. rights reserved.Regional Contact General Disclosures JPMorgan Asset Management (UK) Limited Registered address: 25 Before investing, obtain and review the current prospectus, Bank Street, Canary Wharf, London E14 5JP, United Kingdom. Key Investor Information Document (KIID), and any applicable localAuthorised and regulated by the Financial Conduct Authority. offering document. These documents, as well as theRegistered in England No. 01161446. sustainability-related disclosures, the annual and semi-annualIssuer reports and the articles of incorporation, are available in EnglishJPMorgan 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 at10.000.000.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. Morgan Asset Management may decide to terminate the arrangements Definitions made for the marketing of its collective investment undertakings. This material should not be considered as advice or an investment NAV Net Asset Value of a fundfund’’s assets less its liabilities per Share. recommendation. Fund holdings and performance are likely to have Correlation measures the strength and direction of the relationship changed since the report date.between movements in fund and benchmark returns. A correlation To the extent permitted by applicable law, we may record telephoneof 1.00 indicates that fund and benchmark returns move in lockstep calls and monitor electronic communications to comply with ourin the same direction. legal and regulatory obligations and internal policies. Personal data Alpha (%) a measure of excess return generated by a manager will be collected, stored and processed by J.P. Morgan Asset compared to the benchmark. An alpha of 1.00 indicates that a fund Management in accordance with our EMEA Privacyhas outperformed its benchmark by 1%. www.jpmorgan.com/emea-- privacy Policy www.jpmorgan.com/emea privacy-- policy policy.. Beta measures a fundfund’’s sensitivity to market movements (asrepresented by the fund fund’’s benchmark). A beta of 1.10 suggests the 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 rating does not mean a riskrisk-- free investment. See the Key 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 higher The possible difference between the current ongoing charge as the Sharpe ratio the better the returns compared to the risk taken. stated in this document and those mentioned in the KIID, is causedTracking error (%) measures how much a fund fund’’s returns deviate by the fact that the costs mentioned in the KIID are an estimate from those of the benchmark. The lower the number the closer the based on the actual costs incurred over the past year.fundfund’’s historic performance has followed its benchmark.Information ratio measures if a manager is outperforming or Performance informationunderperforming the benchmark and accounts for the risk taken to Source: J.P. Morgan Asset Management. Share class performance is achieve the returns. A manager who outperforms a benchmark by 2% shown based on the NAV (net asset value) of the share class with p.a. will have a higher IR than a manager with the same income (gross) reinvested including actual ongoing chargesoutperformance but who takes more risk. 09ns212809150855