# JPMorgan ETFs (Ireland) ICAV - US Equity Active UCITS ETF AccumUnhedged USD (JUES)

**Source:** https://fundology.uk/fund/jues · ISIN IE000RSCXLM4 · 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, JUES (US Equity Active UCITS ETF AccumUnhedged USD, ISIN IE000RSCXLM4) closed at £28.66 on the London Stock Exchange. Its ongoing charge is 0.79% a year (about £79 on £10,000). Over the year to 30/09/2026 its total return was +11.9%, or +8.4% after UK CPIH inflation.

## Summary

JPMorgan ETFs (Ireland) ICAV - US Equity Active UCITS ETF AccumUnhedged 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 0.79% a year — about £79 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: **£28.66** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JUES |
| ISIN | IE000RSCXLM4 |
| Category | European shares |
| Type | ETF |
| Provider | JPMorgan |
| Income | Accumulating |
| Ongoing charge | 0.79% a year (£79 per £10,000) |
| Fund size | £28.5m |
| 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 | +11.91% | +8.39% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of JPMorgan ETFs (Ireland) ICAV - US Equity Active UCITS ETF AccumUnhedged USD 0.79% a year, as of 01/10/2026: 3 of the 225 other European share funds charge more, 0 the same and 222 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.79%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

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

| Holding | Weight |
|---|---|
| NVIDIA | 9.19% |
| Microsoft | 6.75% |
| Apple | 5.80% |
| Alphabet Inc- · Class C | 5.11% |
| Amazon | 5.09% |
| Meta Platforms Inc- · Class A | 3.42% |
| Broadcom | 3.01% |
| Micron Technology | 2.42% |
| Mastercard Inc - A | 2.35% |
| Lam Research | 1.93% |

## 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 |
|---|---|
| Semi & Hardware | 27.7% |
| Media | 16.0% |
| Industrial Cyclicals | 8.5% |
| Software & Services | 8.3% |
| Pharm/MedTech | 7.7% |
| Big Banks & Brokers | 5.7% |
| Payments & Business Services | 5.4% |
| Consumer Discretionary | 4.8% |
| Other sectors | 14.2% |

### By country

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

| Country | Weight |
|---|---|
| United States | 94.4% |
| Ireland | 3.7% |
| Netherlands | 1.2% |
| Canada | 0.7% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 98.2% |
| Cash and money market | 1.8% |

All 86 holdings: https://fundology.uk/fund/jues/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.