# JPM USD Corporate Bond Research Enhanced Index UCITS ETF Hedged GBP (JRPU)

**Page:** https://fundology.uk/fund/jrpu · ISIN IE000C3S79I0

## 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 13/11/2026, JRPU (JPM USD Corporate Bond Research Enhanced Index UCITS ETF Hedged GBP, ISIN IE000C3S79I0) closed at £96.52 on the London Stock Exchange. Its ongoing charge is 0.22% a year (about £22 on £10,000). Over the year to 13/11/2026 its total return was −1.1%, or −4.6% after UK CPIH inflation.

## Summary

JPMorgan ETFs (Ireland) ICAV - JPM USD Corporate Bond Research Enhanced Index UCITS ETF Hedged GBP 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 0.22% a year — about £22 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£96.52** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JRPU |
| ISIN | IE000C3S79I0 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | JPMorgan |
| Income | Distributing |
| Ongoing charge | 0.22% a year (£22 per £10,000) |
| Fund size | £1.4m |
| Launched | 2025 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 18/03/2025 |

## Past returns (periods to 13/11/2026)

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

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -1.14% | -4.64% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of JPMorgan ETFs (Ireland) ICAV - JPM USD Corporate Bond Research Enhanced Index UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2026 to 13/11/2026 −6.3%. Returns of JPMorgan ETFs (Ireland) ICAV - JPM USD Corporate Bond Research Enhanced Index UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −7.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 13/11/2026 | -6.3% | -9.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.52% | -7.63% |

## Largest fall

Volatility of JPMorgan ETFs (Ireland) ICAV - JPM USD Corporate Bond Research Enhanced Index UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 5.5% over 1 year. Largest fall in the price of JPMorgan ETFs (Ireland) ICAV - JPM USD Corporate Bond Research Enhanced Index UCITS ETF Hedged GBP since March 2025, in pounds: −7.8% from 03/10/2025 to 09/10/2026. On 13/11/2026 the price of JPMorgan ETFs (Ireland) ICAV - JPM USD Corporate Bond Research Enhanced Index UCITS ETF Hedged GBP was 7.1% below its highest weekly close since March 2025 (03/10/2025), in pounds.

## Charges compared with similar funds

Ongoing charge of JPMorgan ETFs (Ireland) ICAV - JPM USD Corporate Bond Research Enhanced Index UCITS ETF Hedged GBP 0.22% a year. Compared on 14/11/2026, 221 of the 427 other corporate and other bond funds charge more, 1 the same and 205 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.22%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 13/11/2026, JRPU holds 414 positions, according to its published holdings. The largest is HSBC Holdings Plc V/R 08/14/32 at 1.57% of the fund; the ten largest make up 10.2%.

### Top holdings

Largest positions (as of 13/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | HSBC Holdings Plc V/R 08/14/32 | — | 1.57% |
| 2 | Cash and Cash Equivalent | — | 1.49% |
| 3 | Southern Co Gas 5.15% 09/15/32 | — | 1.07% |
| 4 | Goldman Sachs Gro V/R 06/03/32 | — | 0.91% |
| 5 | Bank of America C V/R 02/13/31 | — | 0.89% |
| 6 | Cheniere Energy 4.5% 10/01/29 | — | 0.87% |
| 7 | Avolon Holdings 4.9% 10/10/30 | — | 0.86% |
| 8 | Bank of America C V/R 04/22/32 | — | 0.86% |
| 9 | US Treas Nts 4.375% 07/31/31 | — | 0.85% |
| 10 | Citigroup Inc V/R 03/20/30 | — | 0.78% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Financial Institutions | 37.7% |
| Utilities | 12.3% |
| Consumer Non-Cyclicals | 11.3% |
| Communication Services | 9.8% |
| Energy | 8.6% |
| Consumer Cyclicals | 4.6% |
| Information Technology | 4.3% |
| Basic Industry | 2.9% |
| Other sectors | 3.9% |

### By country

Added up from the fund’s published holdings, as of 06/11/2026.

| Country | Weight |
|---|---|
| United States | 79.7% |
| United Kingdom | 6.2% |
| Canada | 2.0% |
| Italy | 1.7% |
| France | 1.6% |
| Cayman Islands | 1.5% |
| Japan | 1.4% |
| Spain | 1.3% |
| Other countries | 4.7% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 99.2% |
| Cash and money market | 0.8% |

The 407 holdings on record (of 414 reported): https://fundology.uk/fund/jrpu/holdings

## Questions people ask

**What is the ongoing charge of JRPU?**

The ongoing charge of JRPU is 0.22% a year — about £22 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 - JPM USD Corporate Bond Research Enhanced Index UCITS ETF Hedged GBP 0.22% a year. Compared on 14/11/2026, 221 of the 427 other corporate and other bond funds charge more, 1 the same and 205 less (share classes counted once).

**Is JRPU accumulating or distributing?**

JRPU is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of JRPU?**

The ISIN of JRPU is IE000C3S79I0. An ISIN identifies one exact share class of a fund; JRPU is its ticker on the London Stock Exchange.

**What does JRPU hold?**

As of 13/11/2026, JRPU holds 414 positions, according to its published holdings. The largest is HSBC Holdings Plc V/R 08/14/32 at 1.57% of the fund; the ten largest make up 10.2%. Its ten largest holdings are HSBC Holdings Plc V/R 08/14/32 (1.57%), Cash and Cash Equivalent (1.49%), Southern Co Gas 5.15% 09/15/32 (1.07%), Goldman Sachs Gro V/R 06/03/32 (0.91%), Bank of America C V/R 02/13/31 (0.89%), Cheniere Energy 4.5% 10/01/29 (0.87%), Avolon Holdings 4.9% 10/10/30 (0.86%), Bank of America C V/R 04/22/32 (0.86%), US Treas Nts 4.375% 07/31/31 (0.85%) and Citigroup Inc V/R 03/20/30 (0.78%).

**What were JRPU’s returns in each of the last five years?**

Calendar-year returns of JRPU in pounds (price only, income paid out not included): 2026 to 13/11/2026 −6.3%. Past performance is not a guide to future returns.

**How has JRPU done after inflation?**

Over the year to 13/11/2026 JRPU’s total return was −1.1%, or −4.6% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at J.P. Morgan Asset Management](https://am.jpmorgan.com/gb/en/asset-management/per/products/jpm-usd-ig-corporate-bond-active-ucits-etf-gbp-hedged-dist-ie000c3s79i0)
- [Key investor information document (KIID)](https://wl.fundsquare.net/serv/down-doc/request?cdClient=jpmorgan&isin=IE000C3S79I0&docTypeCode=KIID&docLang=EN&docCountry=GB)
- Links checked 12/10/2026.

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