# Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF Accum-ACC- EUR (JESE)

**Page:** https://fundology.uk/fund/jese · ISIN IE0003UN5CT1

## 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, JESE (Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF Accum-ACC- EUR, ISIN IE0003UN5CT1) closed at £27.77 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000). Over the year to 13/11/2026 its total return was +11.4%, or +7.5% after UK CPIH inflation.

## Summary

Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF Accum-ACC- EUR is an exchange-traded fund (ETF) from JPMorgan, launched in 2024. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.45% a year — about £45 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: **£27.77** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JESE |
| ISIN | IE0003UN5CT1 |
| Also listed as | JSEE (London Stock Exchange, euros) |
| Category | Sustainable & clean energy |
| Type | ETF |
| Provider | JPMorgan |
| Income | Accumulating |
| Ongoing charge | 0.45% a year (£45 per £10,000) |
| Fund size | £14.9m |
| Launched | 2024 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 10/12/2024 |

## 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 | +11.43% | +7.49% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF Accum-ACC- EUR in pounds (price, with income reinvested in the fund): 2025 +25.4%; 2026 to 13/11/2026 +9.8%. Returns of Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF Accum-ACC- EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +11.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +25.4% | +21.1% | Price |
| 2026 to 13/11/2026 | +9.8% | +6.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 14.81% | -12.00% |

## Largest fall

Volatility of Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF Accum-ACC- EUR in pounds, annualised from weekly returns to 13/11/2026: 14.8% over 1 year. Largest fall in the price of Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF Accum-ACC- EUR since December 2024, in pounds: −12.0% from 27/02/2026 to 20/03/2026. On 13/11/2026 the price of Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF Accum-ACC- EUR was 1.0% below its highest weekly close since December 2024 (03/07/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF Accum-ACC- EUR 0.45% a year. Compared on 14/11/2026, 42 of the 177 other sustainable and clean-energy funds charge more, 6 the same and 129 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.45%** 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 13/11/2026, JESE holds 177 positions, according to its published holdings. The largest is ASML at 4.83% of the fund; the ten largest make up 24.5%.

### Top holdings

Largest positions (as of 13/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML | [ASML](https://fundology.uk/stock/ASML) | 4.83% |
| 2 | Roche | [RO](https://fundology.uk/stock/RO) | 2.84% |
| 3 | AstraZeneca | [AZN](https://fundology.uk/stock/AZN) | 2.73% |
| 4 | Novartis | [NOVN](https://fundology.uk/stock/NOVN) | 2.59% |
| 5 | Allianz | [ALV](https://fundology.uk/stock/ALV) | 2.40% |
| 6 | HSBC | [HSBA](https://fundology.uk/stock/HSBA) | 2.15% |
| 7 | Banco Santander | [SAN](https://fundology.uk/stock/SAN) | 1.91% |
| 8 | Siemens | [SIE](https://fundology.uk/stock/SIE) | 1.86% |
| 9 | UniCredit | [UCG](https://fundology.uk/stock/UCG) | 1.63% |
| 10 | Air Liquide | [AI](https://fundology.uk/stock/AI) | 1.58% |

## Where it invests

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

### By sector

As published for the fund, as of 13/11/2026.

| Sector | Weight |
|---|---|
| Pharm/Medtech | 17.9% |
| Banks | 16.1% |
| Industrial Cyclicals | 13.4% |
| Consumer Staples | 7.6% |
| Technology - Semi & Hardware | 7.5% |
| Insurance | 6.6% |
| Utilities | 5.8% |
| Basic Industries | 3.6% |
| Other sectors | 20.7% |

### By country

Added up from the fund’s published holdings, as of 13/11/2026.

| Country | Weight |
|---|---|
| United Kingdom | 21.9% |
| Switzerland | 15.6% |
| France | 14.4% |
| Germany | 13.9% |
| Netherlands | 10.4% |
| Italy | 4.8% |
| Spain | 4.5% |
| Sweden | 4.1% |
| Other countries | 9.5% |
| Not classified | 0.8% |

### By type of asset

Added up from the fund’s published holdings, as of 13/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.2% |
| Cash and money market | 0.8% |

All 177 holdings: https://fundology.uk/fund/jese/holdings

## Questions people ask

**What is the ongoing charge of JESE?**

The ongoing charge of JESE is 0.45% a year — about £45 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 Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF Accum-ACC- EUR 0.45% a year. Compared on 14/11/2026, 42 of the 177 other sustainable and clean-energy funds charge more, 6 the same and 129 less (share classes counted once).

**Is JESE accumulating or distributing?**

JESE 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 JESE?**

The ISIN of JESE is IE0003UN5CT1. An ISIN identifies one exact share class of a fund; JESE is its ticker on the London Stock Exchange. The same share class is also listed as JSEE (London Stock Exchange, euros).

**What does JESE hold?**

As of 13/11/2026, JESE holds 177 positions, according to its published holdings. The largest is ASML at 4.83% of the fund; the ten largest make up 24.5%. Its ten largest holdings are ASML (4.83%), Roche (2.84%), AstraZeneca (2.73%), Novartis (2.59%), Allianz (2.40%), HSBC (2.15%), Banco Santander (1.91%), Siemens (1.86%), UniCredit (1.63%) and Air Liquide (1.58%).

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

Calendar-year returns of JESE in pounds (price, with income reinvested in the fund): 2025 +25.4%; 2026 to 13/11/2026 +9.8%. Past performance is not a guide to future returns.

**How has JESE done after inflation?**

Over the year to 13/11/2026 JESE’s total return was +11.4%, or +7.5% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at J.P. Morgan Asset Management](https://am.jpmorgan.com/gb/en/asset-management/per/products/jpm-europe-research-enhanced-index-equity-sri-paris-aligned-active-ucits-etf-eur-acc-ie0003un5ct1)
- [Key investor information document (KIID)](https://wl.fundsquare.net/serv/down-doc/request?cdClient=jpmorgan&isin=IE0003UN5CT1&docTypeCode=KIID&docLang=EN&docCountry=GB)
- 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.