Strategic Allocation Conservative Active UCITS ETF · IE000FASRFS4 · JMAC
Rebalix September 2026 edition: issuer-declared basket snapshots as of 20 August 2026 and 1 September 2026. Each section states whether and how the two snapshots are comparable.
In brief: top 20 holdings: 0 added, 0 removed · the two snapshots are not comparable in every dimension: where a comparison is not meaningful the page shows the snapshot, not the change · NAV change over the period −0.2% · costs and key facts unchanged.
Top-ten concentration was stable.
Declared positions
15
unchanged
as of 1 Sept
Top-10 weight
93.0%
93.1 → 93.0% · Δ −0.0 p.p.
concentration
NAV change over the period
−0.2%
in EUR · 20 Aug → 1 Sept
Equities / bonds
20.5 / 79.1%
20.4 / 79.3% before
Composition
Source: issuer basket data via API, as of 20 Aug and 1 Sept; snapshots archived by Rebalix on 21 Aug and 2 Sept. Asset class of each building block from the Rebalix registry.
Asset class of each holding from the Rebalix registry (the holdings are ETFs): weight in the basket at the two snapshots.
Source: issuer basket data via API, as of 20 Aug and 1 Sept; snapshots archived by Rebalix on 21 Aug and 2 Sept.
For this update we have no whole-basket comparison: the change happened before the first complete snapshot on record. Here we compare the top 20 holdings of the two snapshots (20 Aug → 1 Sept). The whole-basket comparison starts with the next monthly run.
Entered the top 20 (0)
none
Left the top 20 (0)
none
Top 10 holdings — before and after
Source: issuer basket data via API, as of 20 Aug and 1 Sept; snapshots archived by Rebalix on 21 Aug and 2 Sept.
Weight of each holding in the basket at the two snapshots. Together the top 10 weigh 93.1% → 93.0% (Δ −0.0 p.p.).
JPM GLOBAL GOV BND UCITS /EUR/
19.4%
JPM GBL AGG BD A UCITS E /EUR/
19.3%
JPM GLB IG CORP BD UCITS /EUR/
19.3%
JPM GLOBAL REI EQ ACTIVE /EUR/
10.8%
JPM EUR 1-5 IG CORP ACT /EUR/
5.1%
JPM USD HY BOND UCITS ET /EUR/
5.1%
JPM EUR ULTSHRT INC ACT /EUR/
4.5%
JPM EUR AGG BOND UCITS E /EUR/
4.0%
JPM GL EM MR EN IE AU ET /EUR/
3.1%
JPM USD EM SOV BD ETF EU /EUR/
2.5%
20 Aug1 Septorange line = up, grey = down; “→” with no value = out of the top 20
See the numbers as a table
Holding
20 Aug
1 Sept
JPM GLOBAL GOV BND UCITS /EUR/
19.5%
19.4%
JPM GBL AGG BD A UCITS E /EUR/
19.3%
19.3%
JPM GLB IG CORP BD UCITS /EUR/
19.3%
19.3%
JPM GLOBAL REI EQ ACTIVE /EUR/
10.8%
10.8%
JPM EUR 1-5 IG CORP ACT /EUR/
5.1%
5.1%
JPM USD HY BOND UCITS ET /EUR/
5.1%
5.1%
JPM EUR ULTSHRT INC ACT /EUR/
4.4%
4.5%
JPM EUR AGG BOND UCITS E /EUR/
4.0%
4.0%
JPM GL EM MR EN IE AU ET /EUR/
3.1%
3.1%
JPM USD EM SOV BD ETF EU /EUR/
2.5%
2.5%
Sectors and countries — look-through
Source: breakdowns declared by the issuers of the underlying ETFs in the same month’s snapshots, summed by Rebalix with each building block’s weight.
Comparison not available
The two snapshots were acquired with different precision: comparing the breakdowns is not meaningful. It concerns the snapshots of 20 Aug and 1 Sept.
Countries — the top five as of 1 Sept
United States40.1%
United Kingdom9.8%
Japan5.7%
France5.6%
Germany3.9%
NAV over the period
Source: daily NAV series published by the issuer.
NAV over the period (EUR)
20 Aug1 Sept
5.1 → 5.09: −0.2% from 20 Aug to 1 Sept, the last NAV available at each snapshot date.
Costs and key facts
Source: issuer KID (costs as of 2 Oct); Rebalix events register.
TER
0.35%
unchanged
Transaction costs (KID)
0.05%
unchanged
Index, name, policy
unchanged
Issuer-declared basket snapshots, compared by Rebalix. Each section states its own dates: the basket comparison uses the issuer file dates; top 10, composition and breakdowns the dates of the two archived snapshots; maturities, ratings and duration the monthly registry snapshots. Weight changes are shown above ±0.25 points (the archive records them from ±0.1). We record the past: nothing on this page is a recommendation.