UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis

ISIN LU1720938841

 | 

WKN A2JBPA

 | 

Ticker UEFE

TER
0.40% p.a.
Distribution policy
Distributing
Replication
Physical
Fund size
EUR 45 m
Inception Date
5 September 2018
Holdings
275
 

Overview

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Description

The UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis seeks to track the JP Morgan Emerging Markets Multi-Factor Enhanced Local Currency Bond index. The JP Morgan Emerging Markets Multi-Factor Enhanced Local Currency Bond index tracks the performance of eligible local currency debt issued by Emerging Market Sovereigns while seeking to generate incremental returns by enhancing with short term (1-5 Year) USD EM Sovereign/ Quasi-Sovereign Bonds and by exploiting momentum and carry factor exposures to EM FX Currencies.
 
The ETF's TER (total expense ratio) amounts to 0.40% p.a.. The UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis is the only ETF that tracks the JP Morgan Emerging Markets Multi-Factor Enhanced Local Currency Bond index. The ETF replicates the performance of the underlying index by sampling technique (buying a selection of the most relevant index constituents). The interest income (coupons) in the ETF is distributed to the investors (Semi annually).
 
The UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis is a small ETF with 45m Euro assets under management. The ETF was launched on 5 September 2018 and is domiciled in Luxembourg.
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Chart

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Basics

Data

Index
JP Morgan Emerging Markets Multi-Factor Enhanced Local Currency Bond
Investment focus
Bonds, Emerging Markets, Government, All maturities
Fund size
EUR 45 m
Total expense ratio
0.40% p.a.
Replication Physical (Sampling)
Legal structure ETF
Strategy risk Long-only
Sustainability No
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in EUR)
7.09%
Inception/ Listing Date 5 September 2018
Distribution policy Distributing
Distribution frequency Semi annually
Fund domicile Luxembourg
Fund Provider UBS ETF
Tax data Bundesanzeiger
Germany No tax rebate
Switzerland ESTV Reporting
Austria Tax Reporting Fund
UK UK Reporting
Indextype Total return index
Swap counterparty -
Collateral manager
Securities lending No
Securities lending counterparty

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How do you like our ETF profile? Here you'll find our Questionnaire.

Holdings

Below you find information about the composition of the UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis.

Top 10 Holdings

Weight of top 10 holdings
out of 275
15.69%
CND10003VNX4
2.07%
MX0MGO0000H9
1.76%
TH0623038C04
1.69%
PL0000112736
1.60%
ZAG000125980
1.50%
MYBMY1900052
1.48%
ZAG000107012
1.43%
MX0MGO0000P2
1.42%
MYBGL2000018
1.38%
TH062303FC01
1.36%

Countries

Indonesia
8.82%
South Africa
8.68%
Malaysia
8.22%
Mexico
8.00%
Other
66.28%
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Sectors

Other
100.00%
As of 30/05/2025

ETF Savings plan offers

Here you can find information about the savings plan availability of the ETF. You can use the table to compare all savings plan offers for the selected savings rate.
 
Broker Rating Execution fee Account fee
0.00€
0.00€
View offer*
0.00€
0.00€
View offer*
0.00€
0.00€
View offer*
1.50€
1.50%
0.00€
View offer*
1.50€
1.50%
0.00€
View offer*
Show all offers
Source: justETF Research; As of 7/2025; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Execution fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.

Order fees

Here you can find information about different brokers that allow you to trade ETFs. Select your preferred order volume to compare the fees charged by the respective brokers.
 
Broker Rating Order fee ETF savings plans
0.99€
2739
View offer*
0.00€
1457
View offer*
1.00€
2407
View offer*
0.00€
1637
View offer*
0.00€
1687
View offer*
Show all offers
Source: justETF Research; As of 7/2025; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Order fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.

Performance

The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.

Returns overview

YTD +0.21%
1 month +0.73%
3 months +3.93%
6 months -1.17%
1 year +4.56%
3 years +18.28%
5 years +6.94%
Since inception (MAX) +22.39%
2024 +4.52%
2023 +11.44%
2022 -8.69%
2021 -1.05%

Monthly returns in a heat map

Dividends

Current dividend yield

Current dividend yield 5.88%
Dividends (last 12 months) EUR 0.65

Historic dividend yields

Period Dividend in EUR Dividend yield in %
1 Year EUR 0.65 5.80%
2024 EUR 0.57 4.97%
2023 EUR 0.52 4.82%
2022 EUR 0.51 4.11%
2021 EUR 0.60 4.58%

Dividend yield contribution

Created with Highcharts 8.2.0-1.24%-1.24%-0.45%-0.45%-12.80%-12.80%-5.63%-5.63%+5.80%+5.80%+4.97%+4.97%+11.44%+11.44%+4.11%+4.11%+4.58%+4.58%1 Year2024202320222021-15%-10%-5%0%5%10%15%justETF.com

Monthly dividends

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 7.09%
Volatility 3 years 7.79%
Volatility 5 years 7.86%
Return per risk 1 year 0.64
Return per risk 3 years 0.74
Return per risk 5 years 0.17
Maximum drawdown 1 year -7.87%
Maximum drawdown 3 years -7.87%
Maximum drawdown 5 years -13.39%
Maximum drawdown since inception -21.42%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
gettex EUR UEFE -
-
-
-
-
Stuttgart Stock Exchange EUR UEFE -
-
-
-
-
Borsa Italiana EUR EMLOC EMLOC IM
UETFUEFE
EMLOC.MI
IEMLOCEURINAV=SOLA
ABN AMRO Clearing Bank N.V.
Baader Bank AG
Banca IMI S.p.A.
Bank Julius Baer & Co. AG
Barclays Capital Securities Limited
Bluefin Europe LLP
Citigroup Global Markets Limited
Credit Suisse Sec. (Europe) Limited
Deutsche Bank AG
DRW Global Markets Ltd
Flow Traders B.V.
Goldman Sachs International
HSBC Bank plc
Jane Street Financial Limited
JP Morgan Securities PLC
Merrill Lynch International
Morgan Stanley & Co International plc
Optiver V.O.F
RBC Europe Ltd
Societe Generale
Susquehanna International Securities Limited
UBS AG
UniCredit Bank AG
Virtu Financial Ireland Limited
London Stock Exchange GBX EMLO EMLO LN
UETFEMLO
EMLO.L
IEMLOCGBXINAV=SOLA
ABN AMRO Clearing Bank N.V.
Baader Bank AG
Banca IMI S.p.A.
Bank Julius Baer & Co. AG
Barclays Capital Securities Limited
Bluefin Europe LLP
Citigroup Global Markets Limited
Credit Suisse Sec. (Europe) Limited
Deutsche Bank AG
DRW Global Markets Ltd
Flow Traders B.V.
Goldman Sachs International
HSBC Bank plc
Jane Street Financial Limited
JP Morgan Securities PLC
Merrill Lynch International
Morgan Stanley & Co International plc
Optiver V.O.F
RBC Europe Ltd
Societe Generale
Susquehanna International Securities Limited
UBS AG
UniCredit Bank AG
Virtu Financial Ireland Limited
SIX Swiss Exchange USD EMLOC EMLOC SW
IEMLOC
EMLOC.S
EMLOCUSDINAV=SOLA
ABN AMRO Clearing Bank N.V.
Baader Bank AG
Banca IMI S.p.A.
Bank Julius Baer & Co. AG
Barclays Capital Securities Limited
Bluefin Europe LLP
Citigroup Global Markets Limited
Credit Suisse Sec. (Europe) Limited
Deutsche Bank AG
DRW Global Markets Ltd
Flow Traders B.V.
Goldman Sachs International
HSBC Bank plc
Jane Street Financial Limited
JP Morgan Securities PLC
Merrill Lynch International
Morgan Stanley & Co International plc
Optiver V.O.F
RBC Europe Ltd
Societe Generale
Susquehanna International Securities Limited
UBS AG
UniCredit Bank AG
Virtu Financial Ireland Limited
XETRA EUR UEFE UEFE GY
UETFUEFE
UEFE.DE
IEMLOCEURINAV=SOLA
ABN AMRO Clearing Bank N.V.
Baader Bank AG
Banca IMI S.p.A.
Bank Julius Baer & Co. AG
Barclays Capital Securities Limited
Bluefin Europe LLP
Citigroup Global Markets Limited
Credit Suisse Sec. (Europe) Limited
Deutsche Bank AG
DRW Global Markets Ltd
Flow Traders B.V.
Goldman Sachs International
HSBC Bank plc
Jane Street Financial Limited
JP Morgan Securities PLC
Merrill Lynch International
Morgan Stanley & Co International plc
Optiver V.O.F
RBC Europe Ltd
Societe Generale
Susquehanna International Securities Limited
UBS AG
UniCredit Bank AG
Virtu Financial Ireland Limited

Further information

Further ETFs with similar investment focus

Frequently asked questions

What is the name of UEFE?

The name of UEFE is UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis.

What is the ticker of UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis?

The primary ticker of UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis is UEFE.

What is the ISIN of UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis?

The ISIN of UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis is LU1720938841.

What are the costs of UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis?

The total expense ratio (TER) of UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis amounts to 0.40% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis?

The fund size of UBS J.P. Morgan EM Multi-Factor Enhanced Local Currency Bond UCITS ETF USD dis is 45m Euro. See the following article for more information about the size of ETFs.

Track your ETF strategies online

— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.