# All Country Research Enhanced Index Equity Active UCITS ETF Accum USD (JRAW)

**Source:** https://fundology.uk/fund/jraw · ISIN IE000A7N3IV0 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## 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 30/09/2026, JRAW (All Country Research Enhanced Index Equity Active UCITS ETF Accum USD, ISIN IE000A7N3IV0) closed at $33.06 on the London Stock Exchange. Its ongoing charge is 0.28% a year (about £28 on £10,000). Over the year to 30/09/2026 its total return was +18.5%, or +14.8% after UK CPIH inflation.

## Summary

All Country Research Enhanced Index Equity Active UCITS ETF Accum USD 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 0.28% a year — about £28 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: **$33.06** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JRAW |
| ISIN | IE000A7N3IV0 |
| Category | Global shares |
| Type | ETF |
| Provider | JPMorgan |
| Income | Accumulating |
| Ongoing charge | 0.28% a year (£28 per £10,000) |
| Fund size | £134m |
| Launched | 2024 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +18.54% | +14.82% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of All Country Research Enhanced Index Equity Active UCITS ETF Accum USD in pounds (price, with income reinvested in the fund): 2025 +12.0%; 2026 to 30/09/2026 +14.4%. Returns of All Country Research Enhanced Index Equity Active UCITS ETF Accum USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +19.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +12.0% | +8.1% | Price |
| 2026 to 30/09/2026 | +14.4% | +11.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 11.14% | -7.00% |

## Largest fall

Volatility of All Country Research Enhanced Index Equity Active UCITS ETF Accum USD in pounds, annualised from weekly returns to 30/09/2026: 11.1% over 1 year. Largest fall in the price of All Country Research Enhanced Index Equity Active UCITS ETF Accum USD since December 2024, in pounds: −15.7% from 24/01/2025 to 04/04/2025. On 30/09/2026 the price of All Country Research Enhanced Index Equity Active UCITS ETF Accum USD was 0.5% below its highest weekly close since December 2024 (25/09/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of All Country Research Enhanced Index Equity Active UCITS ETF Accum USD 0.28% a year, as of 01/10/2026: 109 of the 211 other global share funds charge more, 1 the same and 101 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.28%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 30/09/2026):

| Holding | Weight |
|---|---|
| NVIDIA | 5.39% |
| Apple | 4.58% |
| Microsoft | 3.83% |
| Amazon | 2.57% |
| Alphabet Inc- · Class A | 1.96% |
| Taiwan Semiconductor Man /Twd/ | 1.92% |
| Meta Platforms Inc- · Class A | 1.64% |
| Broadcom | 1.60% |
| Alphabet Inc- · Class C | 1.54% |
| Micron Technology | 1.28% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By sector

As published by JPMorgan, as of 30/09/2026.

| Sector | Weight |
|---|---|
| Technology - Semi & Hardware | 23.3% |
| Banks | 10.3% |
| Media | 9.9% |
| Industrial Cyclicals | 8.6% |
| Pharm/Medtech | 7.1% |
| Technology - Software | 6.9% |
| Energy | 4.0% |
| Financial Services | 3.8% |
| Other sectors | 25.4% |

### By country

Added up from the holdings JPMorgan publishes, as of 30/09/2026.

| Country | Weight |
|---|---|
| United States | 61.9% |
| Japan | 4.8% |
| United Kingdom | 3.4% |
| Taiwan | 3.4% |
| Canada | 2.8% |
| South Korea | 2.6% |
| Ireland | 2.3% |
| France | 2.2% |
| Other countries | 16.5% |

### By type of asset

Added up from the holdings JPMorgan publishes, as of 30/09/2026.

| Type of asset | Weight |
|---|---|
| Equity | 98.9% |
| Cash and money market | 1.1% |

All 929 holdings: https://fundology.uk/fund/jraw/holdings

---

We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments.

Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.