# JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation (0E6H)

**Page:** https://fundology.uk/fund/0e6h · ISIN LU1481202692

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, 0E6H (JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation, ISIN LU1481202692) closed at €9.28 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 13/11/2026 its total return was −15.7%, or −34.2% after UK CPIH inflation.

## Summary

BNP Paribas Easy SICAV - JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation is an exchange-traded fund (ETF) from BNP Paribas, launched in 2017. It tracks the JP Morgan Tilted EMU Government Bond IG - EUR - Benchmark TR Gross. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **€9.28** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0E6H |
| ISIN | LU1481202692 |
| Also listed as | JBEM (Xetra, euros) |
| Category | Government bonds |
| Type | ETF |
| Provider | BNP Paribas |
| Tracks | JP Morgan Tilted EMU Government Bond IG - EUR - Benchmark TR Gross |
| Income | Accumulating |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £2.4bn |
| Launched | 2017 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2023 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -7.48% | -10.75% | income reinvested |
| 3 years | +1.46% | -8.33% | income reinvested |
| 5 years | -15.72% | -34.21% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of BNP Paribas Easy SICAV - JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation in pounds (price, with income reinvested in the fund): 2023 +3.4%, 2024 −3.4%, 2025 +5.5%; 2026 to 13/11/2026 −6.0%. Returns of BNP Paribas Easy SICAV - JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −4.9%; to 30/09/2025: +5.3%; to 30/09/2024: +4.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2023 | +3.4% | -0.7% | Price |
| 2024 | -3.4% | -6.7% | Price |
| 2025 | +5.5% | +1.9% | Price |
| 2026 to 13/11/2026 | -6.0% | -9.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.02% | -8.70% |
| 3 years | 5.58% | -8.70% |
| 5 years | 7.73% | -19.29% |

## Largest fall

Volatility of BNP Paribas Easy SICAV - JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 5.0% over 1 year, 5.6% over 3 years, 7.7% over 5 years. Largest fall in the price of BNP Paribas Easy SICAV - JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation since December 2021, in pounds: −19.3% from 17/12/2021 to 06/10/2023. The lowest 12-month return of BNP Paribas Easy SICAV - JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation in pounds (price, with income reinvested in the fund) since September 2022 was −8.2% (12 months to 30/10/2026); the highest was +8.4% (12 months to 07/11/2025). On 13/11/2026 the price of BNP Paribas Easy SICAV - JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation was 16.3% below its highest weekly close since December 2021 (17/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of BNP Paribas Easy SICAV - JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation 0.15% a year. Compared on 14/11/2026, 117 of the 311 other government bond funds charge more, 28 the same and 166 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 11/11/2026, 0E6H holds 491 positions, according to its published holdings. The largest is France (Republic Of) 2.5 05/25/2030 at 0.80% of the fund; the ten largest make up 7.0%.

### Top holdings

Largest positions (as of 11/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | France (Republic Of) 2.5 05/25/2030 | — | 0.80% |
| 2 | France (Republic Of) 1.5 05/25/2031 | — | 0.72% |
| 3 | France (Republic Of) 3.5 11/25/2033 | — | 0.72% |
| 4 | France (Republic Of) 0.75 05/25/2028 | — | 0.71% |
| 5 | France (Republic Of) 2.75 02/25/2029 | — | 0.71% |
| 6 | France (Republic Of) 2.7 02/25/2031 | — | 0.69% |
| 7 | Bnpp E Jpm Tt Emu Gb IG 10Y+ C | — | 0.67% |
| 8 | France (Republic Of) 2.75 02/25/2030 | — | 0.67% |
| 9 | France (Republic Of) 0.75 11/25/2028 | — | 0.66% |
| 10 | France (Republic Of) 2 11/25/2032 | — | 0.64% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By country

Added up from the fund’s published holdings, as of 04/11/2026.

| Country | Weight |
|---|---|
| France | 22.0% |
| Germany | 21.0% |
| Italy | 20.0% |
| Spain | 15.1% |
| Belgium | 5.3% |
| Netherlands | 4.6% |
| Austria | 3.8% |
| Portugal | 2.0% |
| Other countries | 5.8% |

### By type of asset

Added up from the fund’s published holdings, as of 04/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 99.1% |
| Equity | 0.7% |

All 491 holdings: https://fundology.uk/fund/0e6h/holdings

## Questions people ask

**What is the ongoing charge of 0E6H?**

The ongoing charge of 0E6H is 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of BNP Paribas Easy SICAV - JPM Tilted EMU Government Bond IG -UCITS ETF- Capitalisation 0.15% a year. Compared on 14/11/2026, 117 of the 311 other government bond funds charge more, 28 the same and 166 less (share classes counted once).

**What does 0E6H track?**

0E6H tracks the JP Morgan Tilted EMU Government Bond IG - EUR - Benchmark TR Gross.

**Is 0E6H accumulating or distributing?**

0E6H is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of 0E6H?**

The ISIN of 0E6H is LU1481202692. An ISIN identifies one exact share class of a fund; 0E6H is its ticker on the London Stock Exchange. The same share class is also listed as JBEM (Xetra, euros).

**What does 0E6H hold?**

As of 11/11/2026, 0E6H holds 491 positions, according to its published holdings. The largest is France (Republic Of) 2.5 05/25/2030 at 0.80% of the fund; the ten largest make up 7.0%. Its ten largest holdings are France (Republic Of) 2.5 05/25/2030 (0.80%), France (Republic Of) 1.5 05/25/2031 (0.72%), France (Republic Of) 3.5 11/25/2033 (0.72%), France (Republic Of) 0.75 05/25/2028 (0.71%), France (Republic Of) 2.75 02/25/2029 (0.71%), France (Republic Of) 2.7 02/25/2031 (0.69%), Bnpp E Jpm Tt Emu Gb IG 10Y+ C (0.67%), France (Republic Of) 2.75 02/25/2030 (0.67%), France (Republic Of) 0.75 11/25/2028 (0.66%) and France (Republic Of) 2 11/25/2032 (0.64%).

**What were 0E6H’s returns in each of the last five years?**

Calendar-year returns of 0E6H in pounds (price, with income reinvested in the fund): 2023 +3.4%, 2024 −3.4%, 2025 +5.5%; 2026 to 13/11/2026 −6.0%. Past performance is not a guide to future returns.

**How has 0E6H done after inflation?**

Over the five years to 13/11/2026 0E6H’s total return was −15.7%, or −34.2% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at BNP Paribas Asset Management](https://www.bnpparibas-am.com/en-gb/fundsheet/fixed-income/bnp-paribas-easy-jpm-tilted-emu-government-bond-ig-ucits-etf-c-lu1481202692)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.