JPMB
•
Fixed Income
JPMORGAN ETFS (IRELAND) ICAV - JPM USD EMERGING MARKETS SOVEREIGN BOND UCITS ETF - USD (DIST)
TER (bps):
40
AUM (USD m):
77
ISIN:
IE00BDFC6G93
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Emerging Markets
As of:
25 Apr 2024
Climate Fund:
No
Benchmark
The J.P. Morgan Emerging Market Risk-Aware Bond Index employs a three-step screening process to provide risk-managed exposure to the yield and return potential of bonds issued by the governments or quasi-government entities of emerging markets countries globally which are denominated in US Dollars. Step 1: Liquidity filter ensures the fund’s starting universe is liquid and investable. Instruments are filtered based on face amount outstanding and maturity. Step 2: Risk screen removes exposure to countries with the highest level of relative risk. Countries are ranked according to their relative risk level, with the lowest 10% of market cap by risk removed. Step 3: Credit stabilisation provides more consistent access to emerging market credit risk. Index is reweighted to maintain a consistent risk contribution of 75% high yield and 25% investment grade.
PERFORMANCE
