ETF · JPMorgan
JLOC Emerging Markets Local Currency Bond Active UCITS ETF
ISIN IE000TGCBXG8London Stock Exchange: JLOCJPMorgan Chase & Co.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE$11.40
on
- Ongoing charge
- 0.87% a year
- Fund size
- £111m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, JLOC (Emerging Markets Local Currency Bond Active UCITS ETF, ISIN IE000TGCBXG8) closed at $11.40 on the London Stock Exchange. Its ongoing charge is 0.87% a year (about £87 on £10,000). Over the year to 13/11/2026 its total return was 0.0%, or −3.6% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- 0.0%
- −3.6% after inflation (UK CPIH)
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 - Emerging Markets Local Currency Bond Active UCITS ETF in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +0.7%. Returns of JPMorgan ETFs (Ireland) ICAV - Emerging Markets Local Currency Bond Active UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +4.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +0.7% | −2.5% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +4.8% | +1.1% |
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)
6.6%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since March 2025
- −5.3%
- From to
- Below its highest weekly close since March 2025
- 2.8%
- High of , latest
In words: Volatility of JPMorgan ETFs (Ireland) ICAV - Emerging Markets Local Currency Bond Active UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 6.6% over 1 year. Largest fall in the price of JPMorgan ETFs (Ireland) ICAV - Emerging Markets Local Currency Bond Active UCITS ETF since March 2025, in pounds: −5.3% from 27/02/2026 to 20/03/2026. On 13/11/2026 the price of JPMorgan ETFs (Ireland) ICAV - Emerging Markets Local Currency Bond Active UCITS ETF was 2.8% below its highest weekly close since March 2025 (27/02/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.87%
- a year
- On £10,000
- £87
- a year, roughly
- Over five years
- £427
- of £10,000, before growth
- 423 charge less
- 1 the same
- 3 charge more
Ongoing charge of JPMorgan ETFs (Ireland) ICAV - Emerging Markets Local Currency Bond Active UCITS ETF 0.87% a year. Compared on 14/11/2026, 3 of the 427 other corporate and other bond funds charge more, 1 the same and 423 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
JPMorgan ETFs (Ireland) ICAV - Emerging Markets Local Currency Bond Active UCITS ETF 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 0.87% a year — about £87 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.
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
- JLOC
- ISIN
- IE000TGCBXG8
- 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
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.87% a year · about £87 on £10,000
- Fund size
- £111m
- 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
- USD
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from $11.28 on 14/11/2025 to $11.40 on 13/11/2026 (+1.1%). The lowest close shown was $11.18 on 21/11/2025 and the highest $11.95 on 27/02/2026.
One close a week. Before 28/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Weeks missing from our record are filled from the same history.
As of , at least 15 min delayed
Five years of prices, and after inflation
88 weekly closes, from 14/03/2025 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
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 77
- 78 reported in all
- Ten largest
- 34.8%
- of the whole fund
- Effective number of holdings
- 45
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 5.0%
- Malaysia 3.582% 07/15/32/MYR/
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Malaysia 3.582% 07/15/32/MYR/Malaysia | 4.98% |
| 2 | Nota Do Teso 10% 01/01/29/BRL/Brazil | 3.86% |
| 3 | Nota Do Teso 10% 01/01/31/BRL/Brazil | 3.49% |
| 4 | Cash and Cash EquivalentUnited States | 3.42% |
| 5 | Indonesia G 6.5% 02/15/31/IDR/Indonesia | 3.29% |
| 6 | Mex Bonos D 8.5% 11/18/38/MXN/Mexico | 3.26% |
| 7 | India Gover 7.1% 04/08/34/INR/India | 3.25% |
| 8 | Poland Govern 5% 10/25/35/PLN/Poland | 3.14% |
| 9 | Indonesia 6.375% 04/15/32/IDR/Indonesia | 3.06% |
| 10 | Poland Govern 4% 07/25/31/PLN/Poland | 3.00% |
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
- Mexico12.1%
- Indonesia10.6%
- Malaysia10.3%
- Brazil9.7%
- Colombia8.5%
- India8.0%
- Poland7.9%
- South Africa7.8%
- Other countries25.1%
By type of asset
- Bonds96.6%
- Cash and money market3.4%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 77 largest and what changed since .
More of the portfolio
The fund publishes 78 holdings; the ten largest make up 34.8% 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 year, from weekly returns in pounds.
With a free accountLargest falls and recoveries
The 2 largest falls since March 2025, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of JLOC?
The ongoing charge of JLOC is 0.87% a year — about £87 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 - Emerging Markets Local Currency Bond Active UCITS ETF 0.87% a year. Compared on 14/11/2026, 3 of the 427 other corporate and other bond funds charge more, 1 the same and 423 less (share classes counted once).
Is JLOC accumulating or distributing?
JLOC 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 JLOC?
The ISIN of JLOC is IE000TGCBXG8. An ISIN identifies one exact share class of a fund; JLOC is its ticker on the London Stock Exchange.
What does JLOC hold?
As of 13/11/2026, JLOC holds 78 positions, according to its published holdings. The largest is Malaysia 3.582% 07/15/32/MYR/ at 4.98% of the fund; the ten largest make up 34.8%. Its ten largest holdings are Malaysia 3.582% 07/15/32/MYR/ (4.98%), Nota Do Teso 10% 01/01/29/BRL/ (3.86%), Nota Do Teso 10% 01/01/31/BRL/ (3.49%), Cash and Cash Equivalent (3.42%), Indonesia G 6.5% 02/15/31/IDR/ (3.29%), Mex Bonos D 8.5% 11/18/38/MXN/ (3.26%), India Gover 7.1% 04/08/34/INR/ (3.25%), Poland Govern 5% 10/25/35/PLN/ (3.14%), Indonesia 6.375% 04/15/32/IDR/ (3.06%) and Poland Govern 4% 07/25/31/PLN/ (3.00%).
What were JLOC’s returns in each of the last five years?
Calendar-year returns of JLOC in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +0.7%. Past performance is not a guide to future returns.
How has JLOC done after inflation?
Over the year to 13/11/2026 JLOC’s total return was 0.0%, or −3.6% 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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