Key Highlights

  • The fund invests 99.55% in the JPMorgan US Equity Premium Income Active UCITS ETF, listed in London.
  • Technology holds 21.52% and Financial Services 10.92%, and the United States 99.57%.
  • The management fee is 0.40% and the fund size is $155.27 million.
  • The fund pays distributions monthly, and the listing shows a next ex-date of 14 October 2026.

JPMorgan Equity Premium Income Complex ETF (ASX:JEPI) seeks to meet its investment objective by investing substantially all of its assets in the JPMorgan ETFs (Ireland) ICAV US Equity Premium Income Active UCITS ETF, an exchange traded fund listed on the London Stock Exchange and denominated in US dollars. The fund was admitted to the ASX on 10 November 2022 and last traded at $49.42 on 13 October 2026. It reports a fund size of $155.27 million.

Detail

Information

Ticker

ASX:JEPI

Fund

JPMorgan Equity Premium Income Complex ETF

Category

Miscellaneous

Benchmark

S&P 500 NR AUD

Fund size

$155.27 million

Management fee

0.40%

Underlying fund

JPM US Equity Prm Inc Act ETF USD Dist, 99.55%

ASX admission date

10 November 2022

Structure

The fund lists one underlying holding at 99.55% and two holdings in total. Stocks account for 96.41% of the look-through portfolio, cash for 3.58% and bonds for 0.01%. Companies above $1 billion in market capitalisation represent 99.89%.

Morningstar places the fund in its Miscellaneous category, which contains funds that are not suited to, or do not meet the criteria for, any other category.

Sector and country exposure

Technology holds 21.52%, against 5.32% for the Miscellaneous category, Healthcare 13.95%, Industrials 13.03% and Consumer Cyclical 12.60%. Financial Services holds 10.92%, well below the category's 62.08%. Consumer Defensive holds 8.34%, Communication Services 7.33% and Utilities 4.90%.

The United States accounts for 99.57% of the fund and Switzerland 0.43%.

Fee, risk and distributions

The management fee is 0.40% a year and the fund reports a standard deviation of 8.23. Its benchmark is the S&P 500 in Australian dollars.

JEPI pays monthly. The listing shows an upcoming distribution with an ex-date of 14 October 2026, a record date of 15 October and payment on 29 October, with the amount not yet stated. The recent distribution history lists amounts of $0.193, $0.366, $0.265 and $0.284.

Category classification and liquidity

Morningstar places the fund in the Miscellaneous category, which covers funds investing primarily in funds that are not suited to, or do not meet the criteria for, any other Morningstar category.

Liquidity indicators add a further view. There are 3,164,201 units on issue, and average daily trading volume is 10,200 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 3,900 to 17,400 units, with 17,427 recorded on 13 October while the market was still open. The bid-offer range stood at $49.06 to $49.75, and the day range at $49.26 to $49.50. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged a Distribution Notice on 7 October, Outstanding ETF Securities and Monthly Redemptions on 6 October and a Notional Derivative Exposure report on 2 October. Distribution Tax Estimates followed on 23 September and a Distribution Notice on 15 September.

Closing Perspective

JEPI delivers US large-company exposure through an overseas fund aimed at income, at a 0.40% fee. Its monthly distributions have varied between $0.193 and $0.366 in the periods listed, and trading volume is light. These facts do not forecast outcomes.