JPM EUR Ultra-Short Income Active UCITS ETF EUR A

The Sub-Fund aims to provide current income while seeking to maintain a low volatility of principal. The Sub-Fund pursues an actively-managed investment strategy. The Sub-Fund seeks to achieve its investment objective by primarily investing in investment grade, Euro-denominated, short term fixed, variable and floating rate debt securities. The Sub-Fund will not seek to track the performance of the benchmark ICE BofA 3-Month German Treasury Bill Index, rather will hold a portfolio of actively selected and managed investments. The benchmark has been included as a point of reference against which the performance of the Sub-Fund may be measured.