ETF sheet · Issuer-declared data

USD Emerging Markets Sovereign Bond UCITS ETFIndex, costs, listings and taxation

ISIN: IE00BDDRDY39Ticker: JMBE (Borsa Italiana) · JMBE (Xetra) · JMBE (SIX)Issuer: JPMorganClass: JPM - EUR Hedged (acc)

Issuer-declared data

Declared index

JPEIRWTR

TER

0.39%

Fund assets

388.5 mln USD

Inception date

10 October 2018

Data as declared by JPMorgan in the issuer’s official files and endpoints · collected on 1 August 2026 (monthly refresh). Facts only, no recommendation.

Italian taxation

Effective rate on capital gains

16.49%

White-list share

70.44%

From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.

Deep-dive into this fund’s taxation →

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

IE00BDDRDY39JMBE(class: EUR Hedged (acc) JPMorgan Asset Management (Europe) S.à r.l. – Société à responsabilité limitée – Adresse postale: L-2888 Luxembourg Téléphone (+352) 34 101 – Fax: (+352) 3410 8000 – www.jpmorgan.com – E-mail: fundinfo@jpmorgan.com Siège social European Bank & Business Center 6, route de Trèves L-2633 Senningerberg R.C. Luxembourg B27900 Capital social EUR 10.000.000 ISIN Divisa Percentuale Media Titoli Pubblici Italiani ed Esteri Data Ultimo Rendiconto Inizio Applicazione Fine Applicazione Descrizione ISIN)

XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans

Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 1 August 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Frequently asked questions

Which index does USD Emerging Markets Sovereign Bond UCITS ETF track?

The issuer JPMorgan declares the benchmark: JPEIRWTR.

How much does JMBE cost?

The issuer-declared TER is 0.39% per year. On sale, the capital gain is taxed at an effective 16.49% rate in Italy (white-list share 70.44%).

Transparency note

The data in this sheet is declared by JPMorgan in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.