JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP (JGSA.L) Price

JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP Price

EUR
TER0.10 %
AUM76.89 M GBP
CurrencyGBP
Funds Launch4/3/2019
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Underlying

ICAV
ICAV2X Short Daily
ICAV

JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP provides 2X inversedaily exposure to ICAV.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.

JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP List of Holdings

Frequently asked questions about JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP

JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP is offered by JPMorgan, a leading player in the field of passive investments.

The ISIN of JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP is IE00BG47J908.

JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP aims to deliver 2 times the daily return of ICAV (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Leveraged ETFs like JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP provides 2X daily short/inverse exposure to ICAV. When ICAV moves +1% in a day, JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP targets approximately 2% (before fees).

The total expense ratio of JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP is 0.10%, which means that investors pay 10.00 GBP per 10,000 GBP in investment capital annually.

The ETF is listed in GBP.

European investors may incur additional costs for currency exchange and transaction fees.

Yes, JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP complies with the EU UCITS investor protection directives.

JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP is domiciled in IE.

The fund was launched on 4/3/2019.

The JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP mainly invests in Investment Grade companies.

The NAV of JPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF AccumGBP amounts to 118.99 M GBP.

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

The ETF is traded on the stock exchange, similar to stocks.

Yes, the ETF can be held in a regular securities account.

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

The ETF is valued on a daily stock exchange basis.

Information on dividends should be requested from the provider's website or your broker.

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

The ETF is obligated to report regularly and transparently on its investments.

The performance can be viewed on Eulerpool or directly on the provider's website.

Further information can be found on the official website of the provider.

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