ETF · JPMorgan
JGST GBP Ultra-Short Income Active UCITS ETF GBP
ISIN IE00BD9MMG79London Stock Exchange: JGSTJPMorgan Chase & Co.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£100.70
on
- Ongoing charge
- 0.10% a year
- Fund size
- £218m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, JGST (GBP Ultra-Short Income Active UCITS ETF GBP, ISIN IE00BD9MMG79) closed at £100.70 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 13/11/2026 its total return was +20.0%, or −6.3% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +3.7%
- 0.0% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +14.9%
- +3.8% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +20.0%
- −6.3% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,200 on 13/11/2026 — about £937 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF GBP in pounds (price only, income paid out not included): 2022 −0.4%, 2023 +1.0%, 2024 0.0%, 2025 +0.4%; 2026 to 13/11/2026 −0.9%. Returns of JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −0.5%; to 30/09/2025: +0.3%; to 30/09/2024: +0.6%; to 30/09/2023: +1.0%; to 30/09/2022: −1.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −0.9% | −4.0% | |
| to | +0.4% | −3.0% | |
| to | 0.0% | −3.4% | |
| +1.0% | −3.0% | ||
| −0.4% | −8.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −0.5% | −4.0% |
| from | +0.3% | −3.6% |
| from | +0.6% | −2.0% |
| from | +1.0% | −5.1% |
| from | −1.2% | −9.2% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
1.1%over 5 years
| 1 year | 1.4% |
|---|---|
| 3 years | 1.3% |
| 5 years | 1.1% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- None of 2% or more
- Lowest 12-month return
- −1.2%
- 12 months to
- Highest 12-month return
- +1.2%
- 12 months to
- Below its highest weekly close since November 2021
- 1.0%
- High of , latest
In words: Volatility of JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF GBP in pounds, annualised from weekly returns to 13/11/2026: 1.4% over 1 year, 1.3% over 3 years, 1.1% over 5 years. No fall of 2% or more in the price of JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF GBP since November 2021, in pounds, to 13/11/2026. The lowest 12-month return of JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF GBP in pounds (price only, income paid out not included) since January 2021 was −1.2% (12 months to 30/09/2022); the highest was +1.2% (12 months to 08/12/2023). On 13/11/2026 the price of JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF GBP was 1.0% below its highest weekly close since November 2021 (09/01/2026), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.10%
- a year
- On £10,000
- £10
- a year, roughly
- Over five years
- £50
- of £10,000, before growth
- 18 charge less
- 26 the same
- 383 charge more
Ongoing charge of JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF GBP 0.10% a year. Compared on 14/11/2026, 383 of the 427 other corporate and other bond funds charge more, 26 the same and 18 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF GBP is an exchange-traded fund (ETF) from JPMorgan, launched in 2018.
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 0.1% a year — about £10 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Key facts
- Ticker
- JGST
- ISIN
- IE00BD9MMG79
- Provider
- JPMorgan
- Tracks
- No index — the manager chooses the holdings
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid monthly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.10% a year · about £10 on £10,000
- Fund size
- £218m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from £101.31 on 14/11/2025 to £100.70 on 13/11/2026 (−0.6%). The lowest close shown was £100.70 on 13/11/2026 and the highest £101.68 on 09/01/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
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How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 128
- on record
- Ten largest
- 25.6%
- of the whole fund
- Effective number of holdings
- 58
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.6%
- Cash and Cash Equivalent
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Cash and Cash EquivalentUnited Kingdom | 8.64% |
| 2 | Morgan St 2.625% 03/09/27/GBP/United States | 2.23% |
| 3 | Amazon.Com 5.2% 09/14/29/GBP/United States | 2.06% |
| 4 | Wells Fargo V/R 04/26/28/GBP/United States | 2.05% |
| 5 | Toronto-D 2.875% 04/05/27/GBP/Canada | 1.92% |
| 6 | Credit Agric V/R 11/29/27/GBP/France | 1.78% |
| 7 | UBS Group AG V/R 06/09/28/GBP/Switzerland | 1.75% |
| 8 | Bank of N 2.875% 05/03/27/GBP/Canada | 1.74% |
| 9 | Coop Rabobk London 0% 11/11/27United Kingdom | 1.69% |
| 10 | HSBC Hold 2.625% 08/16/28/GBP/United Kingdom | 1.69% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By country
- United Kingdom34.5%
- United States17.4%
- France9.5%
- Canada8.6%
- Sweden5.6%
- Netherlands5.5%
- Australia3.6%
- Norway3.1%
- Other countries11.8%
- Not classified0.6%
By type of asset
- Bonds91.4%
- Cash and money market8.6%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 128 holdings; the ten largest make up 25.6% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free account
Create a free account to see the risk ratios and every rolling return
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of JGST?
The ongoing charge of JGST is 0.10% a year — about £10 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 (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF GBP 0.10% a year. Compared on 14/11/2026, 383 of the 427 other corporate and other bond funds charge more, 26 the same and 18 less (share classes counted once).
Is JGST accumulating or distributing?
JGST is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly.
What is the ISIN of JGST?
The ISIN of JGST is IE00BD9MMG79. An ISIN identifies one exact share class of a fund; JGST is its ticker on the London Stock Exchange.
What does JGST hold?
As of 13/11/2026, JGST holds 128 positions, according to its published holdings. The largest is Cash and Cash Equivalent at 8.64% of the fund; the ten largest make up 25.6%. Its ten largest holdings are Cash and Cash Equivalent (8.64%), Morgan St 2.625% 03/09/27/GBP/ (2.23%), Amazon.Com 5.2% 09/14/29/GBP/ (2.06%), Wells Fargo V/R 04/26/28/GBP/ (2.05%), Toronto-D 2.875% 04/05/27/GBP/ (1.92%), Credit Agric V/R 11/29/27/GBP/ (1.78%), UBS Group AG V/R 06/09/28/GBP/ (1.75%), Bank of N 2.875% 05/03/27/GBP/ (1.74%), Coop Rabobk London 0% 11/11/27 (1.69%) and HSBC Hold 2.625% 08/16/28/GBP/ (1.69%).
What were JGST’s returns in each of the last five years?
Calendar-year returns of JGST in pounds (price only, income paid out not included): 2022 −0.4%, 2023 +1.0%, 2024 0.0%, 2025 +0.4%; 2026 to 13/11/2026 −0.9%. Past performance is not a guide to future returns.
How has JGST done after inflation?
Over the five years to 13/11/2026 JGST’s total return was +20.0%, or −6.3% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at J.P. Morgan Asset Management · Key investor information document (KIID) (links checked )
Methodology:ReturnsCategoriesAll methods
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