# Xtrackers II J.P. Morgan EM Local Government Bond UCITS ETF (XEMP)

**Source:** https://fundology.uk/fund/xemp · ISIN LU2158769930 · 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, XEMP (Xtrackers II J.P. Morgan EM Local Government Bond UCITS ETF, ISIN LU2158769930) closed at £23.22 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the three years to 30/09/2026 its total return was +12.0%, or +1.1% after UK CPIH inflation.

## Summary

Xtrackers II J.P. Morgan EM Local Government Bond UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2023. It tracks the J.P. Morgan Government Bond Index-Emerging Markets Global Div 10% Cap 0.25% Floor Index - Benchmark TR Gross. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 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.

Latest close: **£23.22** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XEMP |
| ISIN | LU2158769930 |
| Category | Government bonds |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | J.P. Morgan Government Bond Index-Emerging Markets Global Div 10% Cap 0.25% Floor Index - Benchmark TR Gross |
| Income | Distributing |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £12.0m |
| Launched | 2023 |
| Domicile | Luxembourg |

## 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 | +4.59% | +1.31% | income reinvested |
| 3 years | +12.02% | +1.08% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of Xtrackers II J.P. Morgan EM Local Government Bond UCITS ETF 0.25% a year, as of 01/10/2026: 28 of the 274 other government bond funds charge more, 14 the same and 232 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.25%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.