Page 1/3 Purpose Key Information Document This document provides you with key information about thisinvestment product. It is not marketing material. The information isrequired by law to help you understand the nature, risks, costs,potential gains and losses of this product and to help you compare itwith other products. Product JPM GBP Ultra-Short Income UCITS ETF - GBP (acc) IE00BG47J908 a share class of JPMorgan ETFs (Ireland) ICAV – GBP Ultra-Short Income UCITS ETF a sub-fund of JPMorgan ETFs (Ireland) ICAV For more information on this product, please refer to www.jpmorganassetmanagement.lu or call +(352) 3410 3060 The Commission de Surveillance du Secteur Financier (CSSF) is responsible for supervising the manufacturer, JPMorgan Asset Management (Europe) S.à.r.l., (a member of JPMorgan Chase & Co.) in relation to this Key Information Document. The Sub-Fund is authorised in Ireland and regulated by the Central Bank of Ireland ("CBI"). THIS DOCUMENT WAS PRODUCED ON 2 APRIL 2024 What is this product? TypeThe Investment Manager allocates the Sub-Fund's assets among a This product is a UCITS exchange traded fund or "UCITS ETF". It is arange of market sectors. In buying and selling investments for the sub-fund of JPMorgan ETFs (Ireland) ICAV, an Irish collective asset-Sub-Fund, the Investment Manager looks for market sectors and management vehicle constituted as an umbrella fund with individual securities that it believes will assist in delivering the Sub- segregated liability between its sub-funds and authorised by the CBIFund's investment objective by providing stable income and price pursuant to the European Communities (Undertakings for Collective appreciation. Investment in Transferable Securities) Regulations 2011 (as The Sub-Fund will concentrate its investments in the banking industry amended). and, under normal conditions, will invest more than 25% of its Net Objectives, Process and PoliciesAsset Value in debt securities issued by companies which are in the Objective The Sub-Fund aims to provide current income while seeking banking industry. The Sub-Fund may, however, invest less than 25% of to maintain a low volatility of principal. its Net Asset Value in this industry as a temporary defensive measure. The Sub-Fund seeks to maintain a duration of one year or less. Share Class Benchmark ICE BofA Sterling 3-Month Government Bill Duration is a measure of the price sensitivity of a debt security or a Index portfolio of debt securities to changes in relevant interest rates. As Investment Policy The Sub-Fund pursues an actively-managed part of its principal investment strategy and for temporary defensive investment strategy.purposes, any portion of the Sub-Fund's Net Asset Value may be The Sub-Fund seeks to achieve its investment objective by primarily invested in cash and cash equivalents. investing in investment grade, Pound Sterling-denominated, shortThe Sub-Fund may invest in instruments denominated in currencies term fixed, variable and floating rate debt securities. other than GBP, however, any non-GBP exposure will be hedged into The Sub-Fund will not seek to track the performance of the GBP. benchmark, rather the Sub-Fund will hold a portfolio of activelyThe Sub-Fund may, for efficient portfolio management purposes, use selected and managed investments. The benchmark has beenfinancial derivative instruments. included as a point of reference against which the performance of the The Sub-Fund seeks to assess the impact of ESG factors on the cash Sub-Fund may be measured. The Sub-Fund will be managed without flows or risk profiles of many issuers in which it may invest, to identify reference to its benchmark. issuers that it believes will be negatively impacted by such factors At least 51% of the Sub-Fund's assets are invested in issuers with relative to other issuers. The Investment Manager focuses on key risk positive environmental and/or social characteristics that follow good factors, including, accounting and tax policies, disclosure and governance practices, as measured through the Investmentinvestor communications, shareholder rights, remuneration and Manager's proprietary environmental, social and governance ("ESG") social and environmental factors, seeking to identify such negative scoring methodology and/or third party data. In addition, for some outliers. but not necessarily all issuers, the Sub-Fund incorporates a bespokeGBP is the base currency of the Sub-Fund. set of Employee Engagement and Diversity ("EE&D") data inputs, such The Sub-Fund will publicly disclose its complete holdings on a daily as an issuer's gender breakdown, diversity programmes, ethnicitybasis. Details of the Sub-Fund's holdings and full disclosure policy score and equal pay score into the investment process. The Sub-Fund may be found on www.jpmorganassetmanagement.ie. invests at least 51% of those assets that have an EE&D rating in Redemption and Dealing Shares of the Sub-Fund are traded on one or issuers scoring above a pre-defined threshold in relation to EE&D more stock exchanges. Certain market makers and brokers may inputs. The Sub-Fund promotes environmental and/or social subscribe and redeem Shares directly with JPMorgan ETFs (Ireland) characteristics. ICAV, and are referred to as "Authorised Participants". Other investors The Sub-Fund invests at least 10% of assets excluding cash, money who are not Authorised Participants can purchase and sell Shares market funds and derivatives for efficient portfolio management, in daily on a recognised stock exchange or over-the-counter. Sustainable Investments, as defined under SFDR, contributing to environmental or social objectives. Distribution Policy This Share Class does not pay dividends. Earned The Investment Manager evaluates and applies values and norms income is retained in the Net Asset Value. based screening to implement exclusions on certain industries and SFDR Classification Article 8 issuers based on specific ESG criteria and/or minimum standards of Intended retail investor business practice based on international norms. To support this This product is intended for investors who plan to stay invested for at screening, the Investment Manager relies on third party provider(s) least 1 year. who identify an issuer's participation in or the revenue which they Q Investors should understand the risks involved, including the risk derive from activities that are inconsistent with the values and norms of losing all capital invested and must evaluate the Sub-Fund based screens. The list of screens applied that may result in objective and risks in terms of whether they are consistent with exclusions can be found on the Website (www. their own investment goals and risk tolerances. The Sub-Fund is jpmorganassetmanagement.ie). not intended as a complete investment plan. The Sub-Fund systematically includes ESG analysis in its investment Q Typical investors in the Sub-Fund are expected to be investors who decisions on at least 75% of non-investment grade securities and onwant to take broad market exposure to short duration debt at least 90% of investment grade securities purchased. securities, with positive environmental and/or socialcharacteristics that follow good governance practices, with an All data is sourced by J.P. Morgan Asset Management and is correct as at the date of this commentary unless otherwise stated. Page 2/3 | Key Information Document | 2 April 2024 overlay of ESG integration and values and norms-based screening relevant parts of the Prospectus. of its investment universe, and who are looking for potentially The Sub-Fund is sub-fund of JPMorgan ETFs (Ireland) ICAV, an Irish higher returns than a money market fund and are prepared to collective asset-management vehicle with segregated liability between incur a higher level of risk in order to achieve this, including the sub-funds. JPMorgan ETFs (Ireland) ICAV consists of separate sub- volatility of investments in such debt securities. funds, each of which issues one or more Share Classes. This Term This product does not have a fixed maturity date and may be document is prepared for a specific Share Class. The Prospectus and liquidated in certain circumstances, as further detailed in the annual and semi- annual financial reports are prepared for JPMorgan Prospectus. ETFs (Ireland) ICAV. Practical informationSwitching Switching of Shares from one Sub-Fund into Shares in Depositary The fund depositary is Brown Brothers Harriman Trusteeanother Sub-Fund is not permitted. Switching of Shares from one Services (Ireland) Limited. Share Class into another Share Class within the same Sub-Fund is also not permitted to investors trading on stock exchanges but may be Legal Information JPMorgan Asset Management (Europe) S.à r.l. may available to the Authorised Participants. Further information can be be held liable solely on the basis of any statement contained in this found in the Prospectus. document that is misleading, inaccurate or inconsistent with the What are the risks and what could I get in return? Risks Lower risk Higher risk This rates the potential losses from future performance at a very low level, and poor market conditions are very unlikely to impact our 1 23 4 5 6 7 capacity to pay you. The risk of the product may be significantly higher if held for less than the recommended holding period. The risk indicator assumes you keep the product for 1 year(s). This product does not include any protection from future market performance so you could lose some or all of your investment. If we are not able to pay you what is owed, you could lose your entire The summary risk indicator is a guide to the level of risk of this product investment. compared to other products. It shows how likely it is that the product Beside the risks included in the risk indicator, other risks materially will lose money because of movements in the markets or because werelevant for the product may affect its performance. Please refer to the are not able to pay you. relevant supplement, available free of charge at We have classified this product as 1 out of 7, which is the lowest risk www.jpmorganassetmanagement.lu. class. Performance scenarios The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product over the last 10 years. Markets could develop very differently in the future. The stress scenario shows what you might get back in extreme market circumstances. Unfavourable: this type of scenario occurred for an investment between 2021 and 2022. Moderate: this type of scenario occurred for an investment between 2019 and 2020. Favourable: this type of scenario occurred for an investment between 2023 and 2024. Recommended holding period1 year Example Investment£ 10,000 if you exit after 1 year (recommended Scenarios holding period) Minimum return There is no minimum guaranteed return. You could lose some or all of your investment. Stress What you might get back after costs £ 9,750 Average return each year -2.5% UnfavourableWhat you might get back after costs £ 9,940 Average return each year -0.6% ModerateWhat you might get back after costs £ 10,110 Average return each year 1.1% Favourable What you might get back after costs £ 10,530 Average return each year 5.3% What happens if JPMorgan Asset Management (Europe) S.à.r.l. is unable to pay out? JPMorgan Asset Management (Europe) S.à r.l. is responsible for the manufacturer of this product has no obligation to pay out since administration and management of the Sub-Fund and does not hold the product design does not contemplate any such payment being assets of the Sub-Fund (assets that can be held by a depositary are, in made. However, investors may suffer loss if the Sub-Fund or the line with applicable regulations, held with a depositary in its custody depositary is unable to pay out. There is no compensation or network). JPMorgan Asset Management (Europe) S.à r.l., asguarantee scheme in place which may offset, all or any of, your loss. What are the costs? The person advising on or selling you this product may charge you other costs. If so, this person will provide you with information about these costs and how they affect your investment. Costs over time The tables show the amounts that are taken from your investment to cover different types of costs. These amounts depend on how much you invest, how long you hold the product. The amounts shown here are illustrations based on an example investment amount and different possible investment periods. JPM GBP Ultra-Short Income UCITS ETF - GBP (acc) (IE00BG47J908) Page 3/3 | Key Information Document | 2 April 2024 We have assumed: Q in the first year you would get back the amount that you invested (0% annual return). For the other holding periods we have assumed the product performs as shown in the moderate scenario Q £ 10,000 is invested. if you exit after 1 year (recommended Example Investment £ 10,000 holding period) Total Costs £ 19 Annual cost impact* 0.2% (*) This illustrates how costs reduce your return each year over the holding period. For example it shows that if you exit at the recommended holding period your average return per year is projected to be 1.1% before costs and 1.1% after costs. Composition of costsAnnual cost impact if you exit One-off costs upon entry or exit after 1 year Entry costs0.00% , we do not charge an entry fee.0 GBP Exit costs 0.00% , we do not charge an exit fee for this product, but the person 0 GBP selling you the product may do so. Ongoing costs taken each year Management fees and other 0.18% of the value of your investment per year. 18 GBP administrative or operatingThis is an estimate based on actual costs over the last year. costs Transaction costs 0.01% of the value of your investment per year. This is an estimate of the 1 GBPcosts incurred when we buy and sell the underlying investments for theproduct. The actual amount will vary depending on how much we buy andsell. Incidental costs taken under specific conditions Performance fees There is no performance fee for this product. 0 GBP How long should I hold it and can I take money out early? Recommended holding period: 1 year(s)time during this period however your return may be negatively This product is designed for shorter term investments due to its impacted by the volatility of its performance. Redemptions are volatility profile; you should be prepared to stay invested for at possible on every Dealing Day, with proceeds settled within 2 business least 1 year. You can redeem your investment without penalty at any days. How can I complain? If you have a complaint about the Sub-Fund, you can contact us byYou can find more details about how to complain and the calling +(352) 3410 3060 or by writing to fundinfo@jpmorgan.com or Management Company's complaint handling policy in the Contact Us JPMorgan Asset Management (Europe) S.à r.l., 6 route de Trèves, L- section of the website at: www.jpmorganassetmanagement.com. 2633 Senningerberg, Grand Duchy of LuxembourgIf you have a complaint about the person who advised you about this product, or who sold it to you, they will tell you where to complain. Other relevant information Further information Further information on the Sub-Fund, including its may be processed by J. P. Morgan Asset Management, acting as a data sustainable characteristics, may be found in the Prospectus, relevantcontroller, in accordance with applicable data protection laws. Further supplement and on www.jpmorganassetmanagement.lu. A copy of the information about processing activities of J.P. Morgan Asset Prospectus, relevant supplement and the latest annual and semi- Management can be found in the EMEA Privacy Policy, which is annual financial report in English and certain other languages and the available at www.jpmorgan.com/emea-privacy-policy. Additional latest Net Asset Value are available free of charge upon request fromcopies of the EMEA Privacy Policy are available on request. www.jpmorganassetmanagement.lu, by email fromCost, performance and risk The cost, performance and risk fundinfo@jpmorgan.com, or by writing to JPMorgan Asset calculations included in this key information document follow the Management (Europe) S.à r.l, 6 route de Trèves, L-2633 Senningerberg,methodology prescribed by EU rules. Note that the performance Grand Duchy of Luxembourg. Portfolio disclosure policy of JPMorgan scenarios calculated above are derived exclusively from the past ETFs (Ireland) ICAV can be obtained at www. performance of the product or a relevant proxy and that past jpmorganassetmanagement.lu. The latest prices of shares can be performance is not a guide to future returns. Therefore, your obtained from your broker. investment may be at risk and you may not get back the returns Remuneration Policy The Management Company's Remunerationillustrated. Policy can be found on http://www.jpmorganassetmanagement.lu/Investors should not base their investment decisions solely upon the emea-remuneration-policy. This policy includes details of howscenarios shown. remuneration and benefits are calculated, including responsibilities Performance scenarios You can find previous performance scenarios and composition of the committee which oversees and controls the updated on a monthly basis at https://am.jpmorgan.com/lu/en/ policy. A copy of this policy can be requested free of charge from the asset-management/priips/products/IE00BG47J908. Management Company. Past performance You can find the past performance over the last 3 Tax The Sub-Fund is subject to Irish tax regulations. This may have an years on our website at https://am.jpmorgan.com/lu/en/asset- impact on an investor's personal tax position. management/priips/products/IE00BG47J908. For an explanation of some of the terms used in this document, Privacy Policy You should note that, if you contact J.P. Morgan Asset please visit the glossary on our website at www. Management by telephone, those lines may be recorded and jpmorganassetmanagement.lu. monitored for legal, security and training purposes. You should also take note that information and data from communications with you JPM GBP Ultra-Short Income UCITS ETF - GBP (acc) (IE00BG47J908)