ETF Actively managed strategy
TER
0.28% p.a.
Distribution policy
Distributing
Replication
Physical
Fund size
EUR 16 m
Inception Date
1 March 2022
Holdings
21
Overview
Description
The JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist) is an actively managed ETF.
The JP Morgan RMB Ultra-Short Income Strategy invests in CNH- and CNY-denominated, short term fixed, variable and floating rate debt securities issued by the Chinese government or by Chinese companies. Rating: investment grade.
Documents
Basics
Data
| Index | JP Morgan RMB Ultra-Short Income |
| Investment focus | Bonds, CNY, China, Aggregate, 0-3 |
| Fund size | EUR 16 m |
| Total expense ratio | 0.28% p.a. |
| Replication | Physical (Full replication) |
| Legal structure | ETF |
| Strategy risk | Actively managed |
| Sustainability | No |
| Fund currency | USD |
| Currency risk | Currency unhedged |
| Volatility 1 year (in EUR) | 6.41% |
| Inception/ Listing Date | 1 March 2022 |
| Distribution policy | Distributing |
| Distribution frequency | Monthly |
| Fund domicile | Ireland |
| Fund Provider | J.P. Morgan |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | Brown Brothers Harriman Fund Administration Services (Ireland) Limited |
| Investment Advisor | JPMorgan Asset Management (Asia Pacific) Limited|JPMorgan Asset Management (UK) Limited (Sub - Delegate) |
| Custodian Bank | BBH Trustee Services (Ireland) Ltd |
| Revision Company | PricewaterhouseCoopers (Ireland) |
| Fiscal Year End | 31 December |
| Swiss representative | JPMorgan Asset Management (Switzerland) LLC |
| Swiss paying agent | J.P. Morgan (Suisse) SA |
| Germany | Unknown |
| Switzerland | ESTV Reporting |
| Austria | Tax Reporting Fund |
| UK | UK Reporting |
| Indextype | - |
| Swap counterparty | - |
| Collateral manager | |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
There are currently no ETFs tracking the same index or having an identical investment focus than the JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist).
How do you like our ETF profile? Here you'll find our Questionnaire.
Holdings
Below you find information about the composition of the JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist).
Top 10 Holdings
Weight of top 10 holdings
out of 21
47.74%
| CND100058GN5 | 5.25% |
| CND10004DT64 | 5.24% |
| CND10001YC12 | 5.24% |
| CND100056YP7 | 5.23% |
| CND10006CXK3 | 5.19% |
| CND10006FV66 | 5.18% |
| XS2491659210 | 4.23% |
| FR001400BSI2 | 4.20% |
| HK0000744273 | 4.17% |
| HK0000215860 | 3.81% |
Countries
| China | 20.71% |
| Netherlands | 1.51% |
| Other | 77.78% |
Sectors
| Other | 75.78% |
As of 30/11/2023
Performance
The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.
Returns overview
| YTD | -2.38% |
| 1 month | +0.58% |
| 3 months | +1.20% |
| 6 months | +0.09% |
| 1 year | -2.80% |
| 3 years | - |
| 5 years | - |
| Since inception (MAX) | -5.42% |
| 2024 | - |
| 2023 | - |
| 2022 | - |
| 2021 | - |
Monthly returns in a heat map
Dividends
Current dividend yield
| Current dividend yield | 2.42% |
| Dividends (last 12 months) | EUR 1.97 |
Historic dividend yields
| Period | Dividend in EUR | Dividend yield in % |
|---|---|---|
| 1 Year | EUR 1.97 | 2.31% |
| 2023 | EUR 1.97 | 2.31% |
Dividend yield contribution
Monthly dividends in EUR
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%.
Risk overview
| Volatility 1 year | 6.41% |
| Volatility 3 years | - |
| Volatility 5 years | - |
| Return per risk 1 year | -0.44 |
| Return per risk 3 years | - |
| Return per risk 5 years | - |
| Maximum drawdown 1 year | -9.92% |
| Maximum drawdown 3 years | - |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | -14.35% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| gettex | EUR | JCST | - - | - - | - |
| Frankfurt Stock Exchange | EUR | - | JCSTEUIV | JCSTEUiv.P | |
| London Stock Exchange | USD | JCST | JCST LN JCSTUSIV | JCST.L JCSTUSiv.P | |
| XETRA | EUR | JCST | JCST GY JCSTEUIV | JCST.DE JCSTEUiv.P |
Further information
Further ETFs with similar investment focus
Frequently asked questions
What is the name of JCST?
The name of JCST is JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist).
What is the ticker of JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist)?
The primary ticker of JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist) is JCST.
What is the ISIN of JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist)?
The ISIN of JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist) is IE00BMDV7461.
What are the costs of JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist)?
The total expense ratio (TER) of JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist) amounts to 0.28% 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 JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist)?
The fund size of JPMorgan RMB Ultra-Short Income UCITS ETF USD (Dist) is 16m Euro. See the following article for more information about the size of ETFs.
— 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.
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.
