Title: JPM USD Emerging Markets Sovereign Bond UCITS ETF - USD (dist) URL Source: https://docs.oppl.io/etf/IE00BDFC6G93_19-05-2025.pdf Published Time: Fri, 23 May 2025 10:17:59 GMT Markdown Content: # Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. # JPMorgan ETFs (Ireland) ICAV ISIN: IE00BDFC6G93 # JPM USD Emerging Markets Sovereign Bond UCITS ETF - USD (dist) a Share Class of JPMorgan ETFs (Ireland) ICAV – USD Emerging Markets Sovereign Bond UCITS ETF. The management company is JPMorgan Asset Management (Europe) S.à r.l. Objectives and Investment Policy Investment Objective: The Sub-Fund aims to provide an exposure to the performance of bonds issued by the governments or quasi-government entities of emerging markets countries globally which are denominated in US Dollars. Investment Policy: The Sub-Fund pursues a passively managed (index-tracking) strategy. The Sub-Fund aims to track the performance of the Index as closely as possible, regardless of whether the Index level rises or falls, while seeking to minimise as far as possible the tracking error between the Sub-Fund's performance and that of the Index. The Sub-Fund will invest at least 80% of its assets (excluding assets held for ancillary liquidity purposes) in securities included in the Index. The Sub-Fund systematically includes ESG analysis in its investment decisions on at least 75% of non-investment grade and emerging market sovereign and 90% of investment grade securities. Pursuant to the Investment Manager's ESG analysis, at least 51% of the Sub-Fund's Net Asset Value (including securities which are not included in the Index) are invested in issuers with positive environmental and/or social characteristics. The Sub-Fund invests at least 10% of its Net Asset Value in Sustainable Investments, as defined under SFDR, contributing to environmental or social objectives. The Index is comprised of debt securities issued by the governments or quasi-government entities of emerging markets countries, which are denominated in US Dollars and which may be rated investment grade or below by independent rating agencies (e.g. Fitch, Moody's, Standard & Poor's) or unrated. The components of the Index are selected from the components of the J.P. Morgan Emerging Market Bond Index Global Diversified (the "Parent Index") in accordance with the Index's rules-based methodology to represent a diversified set of factor characteristics. The Investment Manager evaluates and applies values and norms based screening to implement exclusions on certain industries and issuers based on specific ESG criteria and/or minimum standards of business practice based on international norms. To support this screening, the Investment Manager relies on third party provider(s) who identify an issuer's participation in or the revenue which they derive from activities that are inconsistent with the values and norms based screens. The list of screens applied that may result in exclusions can be found on the Website (www.jpmorganassetmanagement.ie). The Sub-Fund will use the optimisation methodology to select securities in order to build a representative portfolio that provides a return that is comparable to that of the Index whilst also ensuring that the portfolio meets the minimum asset holdings. The optimisation methodology may also be used to reflect changes to the Index in advance of it rebalancing. Consequently, the Sub-Fund will only hold a certain sub-set of the Index Securities. The Sub-Fund seeks to assess the impact of ESG factors on the cashflows, policy choices or risk profiles of many issuers in which it may invest, to identify issuers that it believes will be negatively impacted by such factors relative to other issuers. The Investment Manager focuses on key risk factors, including, accounting and tax policies, disclosure and investor communications, shareholder rights, remuneration and social and environmental factors, seeking to identify such negative outliers. The Sub-Fund may, for efficient portfolio management and investment purposes, use financial derivative instruments. USD is the base currency of the Sub-Fund. It is currently anticipated that the tracking error of the Sub-Fund will be up to 200 bps under normal market conditions. The causes of tracking error can include but are not limited to the following: holdings/size of the Sub-Fund, cash flows, such as any delays in investing subscription proceeds into the Sub-Fund or realising investments to meet redemptions, fees and the frequency of rebalancing against the Index, or the ESG analysis and criteria. Redemption and Dealing : Shares of the Sub-Fund are traded on one or more stock exchanges. Certain market makers and brokers may subscribe and redeem Shares directly with JPMorgan ETFs (Ireland) ICAV, and are referred to as "Authorised Participants". Other investors who are not Authorised Participants can purchase and sell Shares daily on a recognised stock exchange or over-the-counter. Index : J.P. Morgan Emerging Markets Risk-Aware Bond Index. Distribution Policy : This Share Class will normally pay dividends monthly. For an explanation of some of the terms used in this document, please visit the glossary on our website at www.jpmorganassetmanagement.ie. Risk and Reward Profile Lower risk Higher risk Potentially lower reward Potentially higher reward 1 2 3 4 5 6 7 The above rating 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 reliable indication of the future risk profile of the Share Class. The risk and reward category shown above is not guaranteed to remain unchanged and may change over time. A Share Class with the lowest risk rating does not mean a risk-free investment. Why is this Share Class in this category? This Share Class is classified in category 5 because its Net Asset Value has shown medium to high fluctuations historically. OTHER MATERIAL RISKS > B The value of your investment may fall as well as rise and you may get back less than you originally invested. > B To the extent that the Sub-Fund uses financial derivative instruments, the risk profile and the volatility of the Sub-Fund may increase. That notwithstanding, the risk profile of the Sub-Fund is not expected to significantly deviate from that of the Index as a result of its use of financial derivative instruments. > B The value of debt securities may change significantly depending on economic and interest rate conditions as well as the credit worthiness of the issuer. 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. > B 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 currencies may be subject to volatile price movements. 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. > B The Sub-Fund is not expected to track the performance of the Index at all times with perfect accuracy. The Sub-Fund is, however, expected to provide investment results that, before expenses, generally correspond to the price and yield performance of the Index. > B Further information about risks can be found in the "Risk Information" section of the Prospectus. Charges One-off charges taken before or after you invest Entry charge None Exit charge None This is the maximum that might be taken out of your money before it is invested or before the proceeds of your investment are paid out. Charges taken from this Share Class over a year Ongoing charge 0.39% Charges taken from this Share Class under certain specific conditions Performance fee None > B Investors who are not Authorised Participants may have to pay brokerage commissions or other charges determined and imposed by their brokers when buying or selling Shares on stock exchange(s). Information on charges can be obtained from your broker. Authorised Participants dealing directly with JPMorgan ETFs (Ireland) ICAV will pay related transaction costs. > B Charges are used to pay the costs of running this Share Class, including the costs of marketing and distribution. These charges reduce the potential growth of the investment. > B The ongoing charge figure is estimated and is based on the expected total of charges. The UCITS' annual report for each financial year will include detail on the exact charges made. > B Further information about charges can be found in the "Fees and Expenses" section of the Prospectus. Past Performance > % Q JPM USD Emerging Markets Sovereign Bond UCITS ETF - USD (dist) (IE00BDFC6G93) Q Index Q EMBI Global Diversified IndexParent Index > 20 15 10 50-5 -10 -15 -20 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 > ----18.0 5.4 -2.7 -15.7 9.6 2.1 ----18.6 6.0 -2.2 -15.2 10.0 2.6 15.4 5.3 -1.8 -17.8 11.1 6.5 > B Past performance is not a guide to future performance. > B Performance data has been calculated including tax, ongoing charges and portfolio transaction costs and excluding entry and exit charges, in USD. > B Where no past performance is shown there was insufficient data available in that year to provide performance. > B Sub-Fund launch date: 2018. > B Share Class launch date: 2018. Practical Information Depositary : The depositary is Brown Brothers Harriman Trustee Services (Ireland) Limited. Further Information : A copy of the Prospectus and the latest annual and semi-annual financial report in English and certain other languages and the latest Net Asset Value are available free of charge upon request from www.jpmorganassetmanagement.ie, by email from fundinfo@jpmorgan. com, or by writing to JPMorgan Asset Management (Europe) S.à r.l, 6 route de Trèves, L-2633 Senningerberg, Grand Duchy of Luxembourg. Portfolio disclosure policy of JPMorgan ETFs (Ireland) ICAV can be obtained at www. jpmorganassetmanagement.ie. The latest prices of shares can be obtained from your broker. Remuneration Policy : The Management Company's Remuneration Policy can be found on http://www.jpmorganassetmanagement.lu/emea-remuneration-policy. This policy includes details of how remuneration and benefits are calculated, including responsibilities and composition of the committee which oversees and controls the policy. A copy of this policy can be requested free of charge from the Management Company. Tax : The Sub-Fund is subject to Irish tax regulations. This may have an impact on the investor's personal tax position. Legal Information : JPMorgan Asset Management (Europe) S.à r.l. may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus. The Sub-Fund is part of JPMorgan ETFs (Ireland) ICAV, an Irish collective asset-management vehicle with segregated liability between sub-funds. JPMorgan ETFs (Ireland) ICAV consists of separate sub-funds, each of which issues one or more Share Classes. This document is prepared for a specific Share Class. The Prospectus and annual and semi- annual financial reports are prepared for JPMorgan ETFs (Ireland) ICAV. Switching : Switching of Shares from one Sub-Fund into Shares in another Sub-Fund is not permitted. Switching of Shares from one Share Class into another Share Class within the same Sub-Fund is also not permitted to investors trading on stock exchanges but may be available to the Authorised Participants. Further information can be found in the Prospectus. Privacy Policy : You should note that, if you contact J.P. Morgan Asset Management by telephone, those lines may be recorded and monitored for legal, security and training purposes. You should also take note that information and data from communications with you may be processed by J.P. Morgan Asset Management, acting as a data controller, in accordance with applicable data protection laws. Further information about processing activities of J.P. Morgan Asset Management can be found in the EMEA Privacy Policy, which is available at www.jpmorgan. com/emea-privacy-policy. Additional copies of the EMEA Privacy Policy are available on request. The Sub-Fund is authorised in Ireland and regulated by the Central Bank of Ireland. JPMorgan Asset Management (Europe) S.à r.l. is authorised in Luxembourg and regulated by the CSSF. This Key Investor Information is accurate as at 19/05/2025