# USD IG Corporate Bond Active UCITS ETF Accum Hedged GBP (JRUP)

**Source:** https://fundology.uk/fund/jrup · ISIN IE00BN7JCJ33 · 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 02/10/2026, JRUP (USD IG Corporate Bond Active UCITS ETF Accum Hedged GBP, ISIN IE00BN7JCJ33) closed at £83.86 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the three years to 02/10/2026 its total return was +4.3%, or −5.9% after UK CPIH inflation.

## Summary

JPMorgan ETFs (Ireland) ICAV - USD IG Corporate Bond Active UCITS ETF Accum Hedged GBP is an exchange-traded fund (ETF) from JPMorgan, launched in 2022. 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 0.2% a year — about £20 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£83.86** (02/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JRUP |
| ISIN | IE00BN7JCJ33 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | JPMorgan |
| Income | Accumulating |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £11.5m |
| Launched | 2022 |
| Domicile | Ireland |

## Past returns (periods to 02/10/2026)

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 | -2.51% | -5.57% | income reinvested |
| 3 years | +4.30% | -5.88% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of JPMorgan ETFs (Ireland) ICAV - USD IG Corporate Bond Active UCITS ETF Accum Hedged GBP 0.20% a year, as of 02/10/2026: 208 of the 392 other corporate and other bond funds charge more, 38 the same and 146 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** per year
- ISA eligible: yes
- SIPP eligible: yes

## What it holds

As of 30/09/2026, JRUP holds 411 positions, according to the holdings JPMorgan publishes. The largest is Cash and Cash Equivalent at 3.72% of the fund; the ten largest make up 12.3%.

### Top holdings

Largest positions (as of 30/09/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Cash and Cash Equivalent | — | 3.72% |
| 2 | HSBC Holdings Plc V/R 08/14/32 | — | 1.19% |
| 3 | Southern Co Gas 5.15% 09/15/32 | — | 1.13% |
| 4 | Goldman Sachs Gro V/R 06/03/32 | — | 0.96% |
| 5 | Bank of America C V/R 02/13/31 | — | 0.93% |
| 6 | Cheniere Energy 4.5% 10/01/29 | — | 0.92% |
| 7 | Bank of America C V/R 04/22/32 | — | 0.90% |
| 8 | US Treas Nts 4.375% 07/31/31 | — | 0.89% |
| 9 | Citigroup Inc V/R 03/20/30 | — | 0.83% |
| 10 | Avolon Holdings 4.9% 10/10/30 | — | 0.82% |

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 country

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

| Country | Weight |
|---|---|
| United States | 80.0% |
| United Kingdom | 6.4% |
| Italy | 1.7% |
| Canada | 1.7% |
| France | 1.7% |
| Cayman Islands | 1.5% |
| Spain | 1.4% |
| Japan | 1.2% |
| Other countries | 5.0% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Bonds | 96.3% |
| Cash and money market | 3.7% |
| Derivatives | 0.6% |

The 406 holdings on record (of 411 JPMorgan reports): https://fundology.uk/fund/jrup/holdings

## Questions people ask

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

The ongoing charge of JRUP is 0.20% a year — about £20 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 - USD IG Corporate Bond Active UCITS ETF Accum Hedged GBP 0.20% a year, as of 02/10/2026: 208 of the 392 other corporate and other bond funds charge more, 38 the same and 146 less (share classes counted once).

**Is JRUP accumulating or distributing?**

JRUP 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 JRUP?**

The ISIN of JRUP is IE00BN7JCJ33. An ISIN identifies one exact share class of a fund; JRUP is its ticker on the London Stock Exchange.

**What does JRUP hold?**

As of 30/09/2026, JRUP holds 411 positions, according to the holdings JPMorgan publishes. The largest is Cash and Cash Equivalent at 3.72% of the fund; the ten largest make up 12.3%. Its ten largest holdings are Cash and Cash Equivalent (3.72%), HSBC Holdings Plc V/R 08/14/32 (1.19%), Southern Co Gas 5.15% 09/15/32 (1.13%), Goldman Sachs Gro V/R 06/03/32 (0.96%), Bank of America C V/R 02/13/31 (0.93%), Cheniere Energy 4.5% 10/01/29 (0.92%), Bank of America C V/R 04/22/32 (0.90%), US Treas Nts 4.375% 07/31/31 (0.89%), Citigroup Inc V/R 03/20/30 (0.83%) and Avolon Holdings 4.9% 10/10/30 (0.82%).

**How has JRUP done after inflation?**

Over the three years to 02/10/2026 JRUP’s total return was +4.3%, or −5.9% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.