# Jpmorgan ETFs Ireland ICAV - EUR Government Bond Active UCITS ETF (JUEG)

**Source:** https://fundology.uk/fund/jueg · ISIN IE000JUREXG2 · 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, JUEG (EUR Government Bond Active UCITS ETF, ISIN IE000JUREXG2) closed at £8.40 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the year to 30/09/2026 its total return was −5.3%, or −8.2% after UK CPIH inflation.

## Summary

Jpmorgan ETFs Ireland ICAV - EUR Government 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 0.15% a year — about £15 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: **£8.40** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JUEG |
| ISIN | IE000JUREXG2 |
| Category | Government bonds |
| Type | ETF |
| Provider | JPMorgan |
| Income | Accumulating |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £193m |
| Launched | 2025 |
| Domicile | United States |

## 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 | -5.26% | -8.24% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of Jpmorgan ETFs Ireland ICAV - EUR Government Bond Active UCITS ETF 0.15% a year, as of 01/10/2026: 100 of the 274 other government bond funds charge more, 24 the same and 150 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

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

| Holding | Weight |
|---|---|
| France (Gov 2.4% 09/24/29/EUR/ | 7.29% |
| Cash and Cash Equivalent | 2.50% |
| France (Gov 3.5% 11/25/35/EUR/ | 1.88% |
| European Unio 4% 10/12/46/EUR/ | 1.82% |
| Bundesschat 2.1% 03/15/28/EUR/ | 1.72% |
| France (Gov 3.5% 11/25/33/EUR/ | 1.71% |
| Buoni Polie 0.5% 07/15/28/EUR/ | 1.65% |
| Dexia 2.75% 01/18/29/EUR/ | 1.59% |
| Bonos Y Obl 2.4% 05/31/28/EUR/ | 1.39% |
| Bonos Y Obl 3.3% 04/30/36/EUR/ | 1.37% |

## 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 |
|---|---|
| Government/ Cash | 80.5% |
| Foreign Agencies | 9.3% |
| Hard Currency Sovereign | 5.2% |
| Supranationals | 5.0% |

### By country

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

| Country | Weight |
|---|---|
| France | 21.6% |
| Italy | 19.3% |
| Spain | 15.4% |
| Germany | 9.8% |
| Poland | 5.8% |
| Belgium | 2.9% |
| Austria | 2.4% |
| Netherlands | 2.0% |
| Other countries | 9.8% |
| Not classified | 11.0% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Bonds | 97.6% |
| Cash and money market | 2.5% |
| Derivatives | 0.0% |

All 271 holdings: https://fundology.uk/fund/jueg/holdings

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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.