# Global REI Equity Active UCITS GBP Hedged Acc (JGEP)

**Page:** https://fundology.uk/fund/jgep · ISIN IE000D9DX847

## 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, JGEP (Global REI Equity Active UCITS GBP Hedged Acc, ISIN IE000D9DX847) closed at £49.67 on the London Stock Exchange. Its ongoing charge is 0.27% a year (about £27 on £10,000). Over the three years to 13/11/2026 its price changed by +71.6%, or +55.0% after UK CPIH inflation.

## Summary

JPMorgan ETFs IE ICAV - Global REI Equity Active UCITS GBP Hedged Acc is an exchange-traded fund (ETF) from JPMorgan, launched in 2021. 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 0.27% a year — about £27 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£49.67** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JGEP |
| ISIN | IE000D9DX847 |
| Category | Global shares |
| Type | ETF |
| Provider | JPMorgan |
| Income | Accumulating |
| Ongoing charge | 0.27% a year (£27 per £10,000) |
| Fund size | £512m |
| Launched | 2021 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 08/12/2021 |

## 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 | +13.30% | +9.29% | income reinvested |
| 3 years | +71.61% | +55.05% | price only |

Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of JPMorgan ETFs IE ICAV - Global REI Equity Active UCITS GBP Hedged Acc in pounds (price, with income reinvested in the fund): 2022 −17.3%, 2023 +24.7%, 2024 +20.9%, 2025 +17.2%; 2026 to 13/11/2026 +11.3%. Returns of JPMorgan ETFs IE ICAV - Global REI Equity Active UCITS GBP Hedged Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +15.9%; to 30/09/2025: +15.8%; to 30/09/2024: +30.6%; to 30/09/2023: +19.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -17.3% | -24.3% | Price |
| 2023 | +24.7% | +19.8% | Price |
| 2024 | +20.9% | +16.8% | Price |
| 2025 | +17.2% | +13.2% | Price |
| 2026 to 13/11/2026 | +11.3% | +7.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 10.12% | -7.23% |
| 3 years | 12.02% | -13.88% |

## Largest fall

Volatility of JPMorgan ETFs IE ICAV - Global REI Equity Active UCITS GBP Hedged Acc in pounds, annualised from weekly returns to 13/11/2026: 10.1% over 1 year, 12.0% over 3 years. Largest fall in the price of JPMorgan ETFs IE ICAV - Global REI Equity Active UCITS GBP Hedged Acc since December 2021, in pounds: −22.0% from 31/12/2021 to 14/10/2022. The lowest 12-month return of JPMorgan ETFs IE ICAV - Global REI Equity Active UCITS GBP Hedged Acc in pounds (price, with income reinvested in the fund) since December 2021 was −17.3% (12 months to 30/12/2022); the highest was +37.3% (12 months to 25/10/2024). On 13/11/2026 the price of JPMorgan ETFs IE ICAV - Global REI Equity Active UCITS GBP Hedged Acc was 2.9% below its highest weekly close since December 2021 (14/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of JPMorgan ETFs IE ICAV - Global REI Equity Active UCITS GBP Hedged Acc 0.27% a year. Compared on 14/11/2026, 93 of the 207 other global share funds charge more, 0 the same and 114 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.27%** 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, JGEP holds 669 positions, according to its published holdings. The largest is Apple at 5.63% of the fund; the ten largest make up 26.9%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 5.63% |
| 2 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 4.48% |
| 3 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 4.40% |
| 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 3.18% |
| 5 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 1.94% |
| 6 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 1.86% |
| 7 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 1.65% |
| 8 | Alphabet · Class C | [GOOGL](https://fundology.uk/stock/GOOGL) | 1.52% |
| 9 | Eli Lilly | [LLY](https://fundology.uk/stock/LLY) | 1.18% |
| 10 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 1.06% |

## 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 06/11/2026.

| Sector | Weight |
|---|---|
| Technology - Semi & Hardware | 23.5% |
| Media | 11.7% |
| Banks | 9.2% |
| Industrial Cyclicals | 9.2% |
| Technology - Software | 7.9% |
| Pharm/MedTech | 7.8% |
| Energy | 4.0% |
| Retail | 3.9% |
| Other sectors | 22.9% |

### By country

Added up from the fund’s published holdings, as of 06/11/2026.

| Country | Weight |
|---|---|
| United States | 70.7% |
| Japan | 5.3% |
| United Kingdom | 3.9% |
| Canada | 3.5% |
| France | 2.6% |
| Germany | 2.4% |
| Switzerland | 2.4% |
| Ireland | 1.9% |
| Other countries | 7.3% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.5% |
| Cash and money market | 0.5% |

The 655 holdings on record (of 669 reported): https://fundology.uk/fund/jgep/holdings

## Questions people ask

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

The ongoing charge of JGEP is 0.27% a year — about £27 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 JPMorgan ETFs IE ICAV - Global REI Equity Active UCITS GBP Hedged Acc 0.27% a year. Compared on 14/11/2026, 93 of the 207 other global share funds charge more, 0 the same and 114 less (share classes counted once).

**Is JGEP accumulating or distributing?**

JGEP 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 JGEP?**

The ISIN of JGEP is IE000D9DX847. An ISIN identifies one exact share class of a fund; JGEP is its ticker on the London Stock Exchange.

**What does JGEP hold?**

As of 13/11/2026, JGEP holds 669 positions, according to its published holdings. The largest is Apple at 5.63% of the fund; the ten largest make up 26.9%. Its ten largest holdings are Apple (5.63%), Microsoft (4.48%), NVIDIA (4.40%), Amazon (3.18%), Alphabet · Class A (1.94%), Broadcom (1.86%), Meta Platforms · Class A (1.65%), Alphabet · Class C (1.52%), Eli Lilly (1.18%) and Micron Technology (1.06%).

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

Calendar-year returns of JGEP in pounds (price, with income reinvested in the fund): 2022 −17.3%, 2023 +24.7%, 2024 +20.9%, 2025 +17.2%; 2026 to 13/11/2026 +11.3%. Past performance is not a guide to future returns.

**How has JGEP done after inflation?**

Over the three years to 13/11/2026 JGEP’s price changed by +71.6%, or +55.0% 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-global-research-enhanced-index-equity-active-ucits-etf-gbp-hedged-acc-ie000d9dx847)
- [Key investor information document (KIID)](https://wl.fundsquare.net/serv/down-doc/request?cdClient=jpmorgan&isin=IE000D9DX847&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.