ETF · JPMorgan
JGVU Global Government Bond Active UCITS ETF Unhedged USD
ISIN IE0005NMTKY4London Stock Exchange: JGVUJPMorgan Chase & Co.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£7.16
on
- Ongoing charge
- 0.53% a year
- Fund size
- £1.2m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 02/10/2026, JGVU (Global Government Bond Active UCITS ETF Unhedged USD, ISIN IE0005NMTKY4) closed at £7.16 on the London Stock Exchange. Its ongoing charge is 0.53% a year (about £53 on £10,000). Over the year to 02/10/2026 its total return was −1.9%, or −5.0% after UK CPIH inflation.
Past returns
- 1 year to 02/10/2026
- −1.9%
- −5.0% after inflation (UK CPIH)
Volatility and the largest fall need a longer record of this fund’s prices than we hold so far. They appear on this page once we do.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Charges compared with similar funds
- Ongoing charge
- 0.53%
- a year
- On £10,000
- £53
- a year, roughly
- Over five years
- £262
- of £10,000, before growth
- 271 charge less
- 2 the same
- 7 charge more
Ongoing charge of Global Government Bond Active UCITS ETF Unhedged USD 0.53% a year, as of 03/10/2026: 7 of the 280 other government bond funds charge more, 2 the same and 271 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Global Government Bond Active UCITS ETF Unhedged USD is an exchange-traded fund (ETF) from JPMorgan, launched in 2025.
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 0.53% a year — about £53 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.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Key facts
- Ticker
- JGVU
- ISIN
- IE0005NMTKY4
- 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 semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.53% a year · about £53 on £10,000
- Fund size
- £1.2m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Government bonds
What it holds
- Holdings
- 472
- 525 reported by the issuer
- Ten largest
- 33.4%
- of the whole fund
- Effective number of holdings
- 57
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 9.5%
- F/C Ice 3MTH Sonia Fu DEC26
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | F/C Ice 3MTH Sonia Fu DEC26United Kingdom | 9.53% |
| 2 | France (Gov 2.4% 09/24/29/EUR/France | 6.73% |
| 3 | Cash and Cash EquivalentUnited States | 3.57% |
| 4 | Jpn Bank 3.125% 04/22/31/EUR/Japan | 2.55% |
| 5 | US Treas Nts 3.5% 04/30/28United States | 2.30% |
| 6 | US Treas Nts 3.25% 06/30/29United States | 2.15% |
| 7 | Bank Gospodarst 5.75% 07/09/34Poland | 2.06% |
| 8 | Japan (10 Y 0.1% 09/20/29/JPY/Japan | 1.73% |
| 9 | US Treas Nts 3.875% 12/31/29United States | 1.58% |
| 10 | Australian Go 2% 08/21/35/AUD/Australia | 1.22% |
Source: JPMorgan, holdings as published, as of , company pages by TradingView
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.
By sector
- Government/ Cash80.1%
- Foreign Agencies13.4%
- Hard Currency Sovereign5.1%
- Supranationals1.4%
By country
- United States22.5%
- Japan17.1%
- United Kingdom14.2%
- France12.0%
- China10.7%
- Poland5.2%
- Italy4.5%
- Mexico3.0%
- Other countries18.2%
- Not classified2.4%
By type of asset
- Bonds96.5%
- Derivatives9.5%
- Cash and money market3.6%
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 472 holdings; the ten largest make up 33.4% 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
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Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Questions people ask
What is the ongoing charge of JGVU?
The ongoing charge of JGVU is 0.53% a year — about £53 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 Global Government Bond Active UCITS ETF Unhedged USD 0.53% a year, as of 03/10/2026: 7 of the 280 other government bond funds charge more, 2 the same and 271 less (share classes counted once).
Is JGVU accumulating or distributing?
JGVU is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of JGVU?
The ISIN of JGVU is IE0005NMTKY4. An ISIN identifies one exact share class of a fund; JGVU is its ticker on the London Stock Exchange.
What does JGVU hold?
As of 02/10/2026, JGVU holds 525 positions, according to the holdings JPMorgan publishes. The largest is F/C Ice 3MTH Sonia Fu DEC26 at 9.53% of the fund; the ten largest make up 33.4%. Its ten largest holdings are F/C Ice 3MTH Sonia Fu DEC26 (9.53%), France (Gov 2.4% 09/24/29/EUR/ (6.73%), Cash and Cash Equivalent (3.57%), Jpn Bank 3.125% 04/22/31/EUR/ (2.55%), US Treas Nts 3.5% 04/30/28 (2.30%), US Treas Nts 3.25% 06/30/29 (2.15%), Bank Gospodarst 5.75% 07/09/34 (2.06%), Japan (10 Y 0.1% 09/20/29/JPY/ (1.73%), US Treas Nts 3.875% 12/31/29 (1.58%) and Australian Go 2% 08/21/35/AUD/ (1.22%).
How has JGVU done after inflation?
Over the year to 02/10/2026 JGVU’s total return was −1.9%, or −5.0% after UK CPIH inflation. Past performance is not a guide to future returns.
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Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Inflation
- ONS CPIH, latest month published
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- JPMorgan, as published,
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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