# China A Research Enhanced Index Equity Active UCITS ETF Accum USD (JRCE) **Source:** https://fundology.uk/fund/jrce · ISIN IE00BMDV7578 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (JPMorgan), 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 01/10/2026, JRCE (China A Research Enhanced Index Equity Active UCITS ETF Accum USD, ISIN IE00BMDV7578) closed at £19.00 on the London Stock Exchange. Its ongoing charge is 0.47% a year (about £47 on £10,000). Over the three years to 01/10/2026 its total return was +23.6%, or +11.5% after UK CPIH inflation. ## Summary China A Research Enhanced Index Equity Active UCITS ETF Accum USD is an exchange-traded fund (ETF) from JPMorgan, launched in 2022. It tracks the MSCI China A. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.47% a year — about £47 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: **£19.00** (01/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | JRCE | | ISIN | IE00BMDV7578 | | Category | Emerging markets | | Type | ETF | | Provider | JPMorgan | | Tracks | MSCI China A | | Income | Accumulating | | Ongoing charge | 0.47% a year (£47 per £10,000) | | Fund size | £9.1m | | Launched | 2022 | | Domicile | Ireland | ## Past returns (periods to 01/10/2026) 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 | +6.62% | +3.27% | income reinvested | | 3 years | +23.56% | +11.49% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Charges compared with similar funds Ongoing charge of China A Research Enhanced Index Equity Active UCITS ETF Accum USD 0.47% a year, as of 02/10/2026: 57 of the 141 other emerging-market share funds charge more, 1 the same and 83 less (share classes counted once). ## Funds tracking the same index 5 funds track MSCI China A, this one included and share classes counted once; their ongoing charges range from 0.24% to 0.47% a year (01/10/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Core MSCI China A Swap -UCITS ETF USD- Distribution | 0.25% | +8.5% | +36.6% | — | | Amundi MSCI China A UCITS ETF -Acc- | 0.35% | +2.7% | +21.5% | -6.7% | | China A Research Enhanced Index Equity Active UCITS ETF Accum USD (this fund) | 0.47% | +6.6% | +23.6% | — | | China A Research Enhanced Index Equity Active UCITS ETF USD | — | +6.6% | +23.6% | — | | UBS (Irl) Fund Solutions PLC - UBS MSCI China A SF UCITS ETF AccumUSD | 0.24% | +8.1% | +38.0% | +28.1% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.47%** per year - ISA eligible: yes - SIPP eligible: yes ## What it holds As of 30/09/2026, JRCE holds 331 positions, according to the holdings JPMorgan publishes. The largest is Kweichow Moutai at 3.54% of the fund; the ten largest make up 19.6%. ### Top holdings Largest positions (as of 30/09/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Kweichow Moutai | [600519](https://fundology.uk/stock/600519) | 3.54% | | 2 | Contemporary Amperex Tec /Cnh/ | — | 2.93% | | 3 | China Merchants Bank | [600036](https://fundology.uk/stock/600036) | 2.11% | | 4 | Zhongji Innolight | [3308](https://fundology.uk/stock/3308) | 2.09% | | 5 | China Yangtze Power | [600900](https://fundology.uk/stock/600900) | 1.73% | | 6 | Zijin Mining Group | [601899](https://fundology.uk/stock/601899) | 1.59% | | 7 | Foxconn Industrial Inter /Cnh/ | — | 1.52% | | 8 | Ping An Insurance Group /Cnh/ | — | 1.46% | | 9 | Cambricon Tehnologies A /Cnh/ | — | 1.35% | | 10 | Eoptolink Technology | [300502](https://fundology.uk/stock/300502) | 1.31% | Source: JPMorgan, holdings as published, as of 30/09/2026. ## 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 | |---|---| | Information Technology | 31.6% | | Financials | 19.5% | | Industrials | 13.7% | | Materials | 13.0% | | Consumer Staples | 6.2% | | Consumer Discretionary | 4.4% | | Health Care | 4.0% | | Utilities | 2.9% | | Other sectors | 3.9% | ### By country Added up from the holdings JPMorgan publishes, as of 30/09/2026. | Country | Weight | |---|---| | China | 98.8% | | United States | 0.9% | | Hong Kong | 0.1% | | Cayman Islands | 0.1% | ### By type of asset Added up from the holdings JPMorgan publishes, as of 30/09/2026. | Type of asset | Weight | |---|---| | Equity | 99.1% | | Cash and money market | 0.9% | All 331 holdings: https://fundology.uk/fund/jrce/holdings ## Questions people ask **What is the ongoing charge of JRCE?** The ongoing charge of JRCE is 0.47% a year — about £47 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 China A Research Enhanced Index Equity Active UCITS ETF Accum USD 0.47% a year, as of 02/10/2026: 57 of the 141 other emerging-market share funds charge more, 1 the same and 83 less (share classes counted once). **What does JRCE track?** JRCE tracks the MSCI China A. **Is JRCE accumulating or distributing?** JRCE 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 JRCE?** The ISIN of JRCE is IE00BMDV7578. An ISIN identifies one exact share class of a fund; JRCE is its ticker on the London Stock Exchange. **What does JRCE hold?** As of 30/09/2026, JRCE holds 331 positions, according to the holdings JPMorgan publishes. The largest is Kweichow Moutai at 3.54% of the fund; the ten largest make up 19.6%. Its ten largest holdings are Kweichow Moutai (3.54%), Contemporary Amperex Tec /Cnh/ (2.93%), China Merchants Bank (2.11%), Zhongji Innolight (2.09%), China Yangtze Power (1.73%), Zijin Mining Group (1.59%), Foxconn Industrial Inter /Cnh/ (1.52%), Ping An Insurance Group /Cnh/ (1.46%), Cambricon Tehnologies A /Cnh/ (1.35%) and Eoptolink Technology (1.31%). **How has JRCE done after inflation?** Over the three years to 01/10/2026 JRCE’s total return was +23.6%, or +11.5% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.