* This document provides you with key investor information about this Key Investor Information 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: IE00BJLTWS02 JPM USD Emerging Markets Sovereign Bond UCITS ETF - GBP Hedged (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 thescreens applied that may result in exclusions can be found on the Website performance of bonds issued by the governments or quasi-government (www.jpmorganassetmanagement.ie). entities of emerging markets countries globally which are denominated in The Sub-Fund will use the optimisation methodology to select securities in US Dollars. order to build a representative portfolio that provides a return that is Investment Policy: The Sub-Fund pursues a passively managed (index- comparable to that of the Index whilst also ensuring that the portfolio tracking) strategy. meets the minimum asset holdings. The optimisation methodology may The Sub-Fund aims to track the performance of the Index as closely asalso be used to reflect changes to the Index in advance of it rebalancing. possible, regardless of whether the Index level rises or falls, while seekingConsequently, the Sub-Fund will only hold a certain sub-set of the Index to minimise as far as possible the tracking error between the Sub-Fund's Securities. performance and that of the Index. The Sub-Fund will invest at least 80% The Sub-Fund seeks to assess the impact of ESG factors on the of its assets (excluding assets held for ancillary liquidity purposes) incashflows, policy choices or risk profiles of many issuers in which it may securities included in the Index.invest, to identify issuers that it believes will be negatively impacted by The Sub-Fund systematically includes ESG analysis in its investment such factors relative to other issuers. The Investment Manager focuses on decisions on at least 75% of non-investment grade and emerging marketkey risk factors, including, accounting and tax policies, disclosure and sovereign and 90% of investment grade securities. Pursuant to theinvestor communications, shareholder rights, remuneration and social Investment Manager's ESG analysis, at least 51% of the Sub-Fund'sand environmental factors, seeking to identify such negative outliers. assets (including securities which are not included in the Index) areThe Sub-Fund may, for efficient portfolio management and investment invested in issuers with positive environmental and/or socialpurposes, use financial derivative instruments. characteristics. USD is the base currency of the Sub-Fund. The Sub-Fund invests at least 10% of assets excluding cash, cash It is currently anticipated that the tracking error of the Sub-Fund will be up equivalents, money market funds and derivatives for efficient portfolio to 200 bps under normal market conditions. The causes of tracking error management, in Sustainable Investments, as defined under SFDR, can include but are not limited to the following: contributing to environmental or social objectives. holdings/size of the Sub-Fund, cash flows, such as any delays in investing The Index is comprised of debt securities issued by the governments or subscription proceeds into the Sub-Fund or realising investments to meet quasi-government entities of emerging markets countries, which are redemptions, fees and the frequency of rebalancing against the Index, or denominated in US Dollars and which may be rated investment grade or the ESG analysis and criteria. below by independent rating agencies (e.g. Fitch, Moody's, Standard &This Share Class seeks to minimise the effect of currency fluctuations Poor's) or unrated. between the Reference Currency of the Sub-Fund (USD) and the The components of the Index are selected from the components of the J.P. Reference Currency of this Share Class (GBP). Morgan Emerging Market Bond Index Global Diversified (the "ParentRedemption and Dealing: Shares of the Sub-Fund are traded on one or Index") in accordance with the Index's rules-based methodology tomore stock exchanges. Certain market makers and brokers may represent a diversified set of factor characteristics. subscribe and redeem Shares directly with JPMorgan ETFs (Ireland) ICAV, The Investment Manager evaluates and applies values and norms based and are referred to as "Authorised Participants". Other investors who are screening to implement exclusions on certain industries and issuers not Authorised Participants can purchase and sell Shares daily on a based on specific ESG criteria and/or minimum standards of business recognised stock exchange or over-the-counter. practice based on international norms. To support this screening, theIndex: J.P. Morgan Emerging Markets Risk-Aware Bond Index. Investment Manager relies on third party provider(s) who identify an Distribution Policy: This Share Class will normally pay dividends monthly. issuer's participation in or the revenue which they derive from activities For an explanation of some of the terms used in this document, please that are inconsistent with the values and norms based screens. The list of visit the glossary on our website at www.jpmorganassetmanagement.ie. Risk and Reward Profile Lower risk Higher risk of the issuer. These risks are typically increased for below investment Potentially lower reward Potentially higher rewardgrade debt securities which may also be subject to higher volatility andlower liquidity than investment grade debt securities. The creditworthiness of unrated debt securities is not measured by reference to 1 2 3 4 5 6 7 an independent credit rating agency. The above rating is based on the historic volatility of the Net Asset Value of B Emerging markets may be subject to increased political, regulatory and the Share Class over the last five years and may not be a reliable economic instability, less developed custody and settlement practices, indication of the future risk profile of the Share Class. poor transparency and greater financial risks. Emerging market The risk and reward category shown above is not guaranteed to remain currencies may be subject to volatile price movements. Emerging unchanged and may change over time.market and below investment grade debt securities may also be A Share Class with the lowest risk rating does not mean a risk-freesubject to higher volatility and lower liquidity than non-emerging investment.market and investment grade debt securities respectively. Why is this Share Class in this category? This Share Class is classified in B The Sub-Fund is not expected to track the performance of the Index at category 5 because its Net Asset Value has shown medium to highall times with perfect accuracy. The Sub-Fund is, however, expected to fluctuations historically. provide investment results that, before expenses, generally correspondto the price and yield performance of the Index. OTHER MATERIAL RISKS B Movements in currency exchange rates can adversely affect the return B The value of your investment may fall as well as rise and you may getof your investment. The currency hedging used to minimise the effect ofback less than you originally invested.currency fluctuations may not always be successful. Investors may B To the extent that the Sub-Fund uses financial derivative instruments,have exposure to currencies other than the currency of their Sharethe risk profile and the volatility of the Sub-Fund may increase. That Class.notwithstanding, the risk profile of the Sub-Fund is not expected to B Further information about risks can be found in the "Risk Information"significantly deviate from that of the Index as a result of its use ofsection of the Prospectus.financial derivative instruments. B The value of debt securities may change significantly depending oneconomic and interest rate conditions as well as the credit worthiness Charges One-off charges taken before or after you investB Investors who are not Authorised Participants may have to paybrokerage commissions or other charges determined and imposed by Entry charge Nonetheir brokers when buying or selling Shares on stock exchange(s). Exit chargeNone Information on charges can be obtained from your broker. AuthorisedParticipants dealing directly with JPMorgan ETFs (Ireland) ICAV will pay This is the maximum that might be taken out of your money before it isrelated transaction costs. invested or before the proceeds of your investment are paid out. B Charges are used to pay the costs of running this Share Class, Charges taken from this Share Class over a year including the costs of marketing and distribution. These charges Ongoing charge 0.39% reduce the potential growth of the investment. B The ongoing charge figure is estimated and is based on the expected Charges taken from this Share Class under certain specific conditions total of charges. The UCITS' annual report for each financial year will Performance feeNone include detail on the exact charges made. B Further information about charges can be found in the "Fees andExpenses" section of the Prospectus. Past Performance Q JPM USD Emerging Markets Sovereign Bond UCITS ETF - GBP B Past performance is not a guide to future performance. Hedged (dist) (IE00BJLTWS02) B Performance data has been calculated including tax, ongoing charges% Q Index and portfolio transaction costs and excluding entry and exit charges, inGBP. 8.5 10 B Where no past performance is shown there was insufficient data4.4available in that year to provide performance. 3.83.8 2.85 1.7 B Sub-Fund launch date: 2018.0 B Share Class launch date: 2019. - - - - - - - - - --1.3 -5 -2.9 -4.5 -10-15 -17.1 -20 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Practical Information Depositary: The depositary is Brown Brothers Harriman Trustee Services The Sub-Fund is part of JPMorgan ETFs (Ireland) ICAV, an Irish collective (Ireland) Limited. asset-management vehicle with segregated liability between sub-funds. Further Information: A copy of the Prospectus and the latest annual and JPMorgan ETFs (Ireland) ICAV consists of separate sub-funds, each of semi-annual financial report in English and certain other languages and which issues one or more Share Classes. This document is prepared for a the latest Net Asset Value are available free of charge upon request fromspecific Share Class. The Prospectus and annual and semi- annual www.jpmorganassetmanagement.ie, by email from fundinfo@jpmorgan. financial reports are prepared for JPMorgan ETFs (Ireland) ICAV. com, or by writing to JPMorgan Asset Management (Europe) S.à r.l, 6 routeSwitching: Switching of Shares from one Sub-Fund into Shares in another de Trèves, L-2633 Senningerberg, Grand Duchy of Luxembourg. PortfolioSub-Fund is not permitted. Switching of Shares from one Share Class into disclosure policy of JPMorgan ETFs (Ireland) ICAV can be obtained at www.another Share Class within the same Sub-Fund is also not permitted to jpmorganassetmanagement.ie. The latest prices of shares can be investors trading on stock exchanges but may be available to the obtained from your broker. Authorised Participants. Further information can be found in the Remuneration Policy: The Management Company's Remuneration PolicyProspectus. can be found on http://www.jpmorganassetmanagement.lu/emea- Privacy Policy: You should note that, if you contact J.P. Morgan Asset remuneration-policy. This policy includes details of how remunerationManagement by telephone, those lines may be recorded and monitored and benefits are calculated, including responsibilities and composition for legal, security and training purposes. You should also take note that of the committee which oversees and controls the policy. A copy of this information and data from communications with you may be processed policy can be requested free of charge from the Management Company. by J.P. Morgan Asset Management, acting as a data controller, in Tax: The Sub-Fund is subject to Irish tax regulations. This may have an accordance with applicable data protection laws. Further information impact on the investor's personal tax position. about processing activities of J.P. Morgan Asset Management can be Legal Information: JPMorgan Asset Management (Europe) S.à r.l. may befound in the EMEA Privacy Policy, which is available at www.jpmorgan. held liable solely on the basis of any statement contained in this com/emea-privacy-policy. Additional copies of the EMEA Privacy Policy are document that is misleading, inaccurate or inconsistent with the relevantavailable on request. parts of the Prospectus. 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 10/02/2025