The Hedged Version: JPMorgan JPHQ (ASX:JPHQ) Adds Currency Protection to an Income Strategy

Sonal Goyal

28 October 2026 12:31 PM AEDT

The Hedged Version: JPMorgan JPHQ (ASX:JPHQ) Adds Currency Protection to an Income Strategy

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Key Highlights

JPMorgan Nasdaq Equity Premium Income (Hedged) Complex ETF (ASX:JPHQ) aims to invest substantially all its assets in a JPMorgan Nasdaq-linked fund with currency hedging.
The portfolio is held through JPM Nasdaq Eq Prm Inc Act ETF USD Dist, which represents 103.02% of assets.
The fund has a management fee of 0.40%.

As of 27 October, JPMorgan Nasdaq Equity Premium Income (Hedged) Complex ETF (ASX:JPHQ) holds the same underlying JPMorgan fund as JPEQ but hedges US dollar exposure to Australian dollars. It has traded since 25 May 2023, charges 0.40% and is benchmarked to the NASDAQ 100 Hdg TR AUD index.

Key Fact	Detail
Fund	JPMorgan Nasdaq Equity Premium Income (Hedged) Complex ETF
ASX code	JPHQ
Issuer	J.P. Morgan Asset Management
Category	Equity North America
Benchmark	NASDAQ 100 Hdg TR AUD
ISIN	AU0000271728
Admitted to the ASX	25 May 2023
Fund size	Not disclosed
Management fee	0.40%
Holdings	Two holdings
Latest distribution	Interim, $0.503 per unit (ex-date 14 Oct 2026; payment 29 Oct 2026)

Hedged Feeder Structure

The portfolio's main holding is the JPMorgan Nasdaq Equity Premium Income ETF at 103.02%, with stocks at 99.45% and cash at 0.54% of the look-through allocation. The underlying fund trades on the Nasdaq Stock Market and is denominated in USD.

Sector Mix and Payments

Technology is 59.24%, communication services 12.64% and consumer cyclical 11.53%. Distributions are announced monthly; notices were lodged on 7, 14 and 15 October 2026.

Additional Allocation Data

Size breakdown: 99.90% of the portfolio is in companies above $1 billion in market capitalisation. Country exposure is split across United States (97.66%), the Netherlands (1.17%), Canada (0.59%), Brazil (0.50%) and China (0.08%).

Latest Payment Details

Under the latest distribution announcement, $0.503 per unit (interim) is payable on 29 October 2026 to holders on the record date of 15 October 2026, following an ex-date of 14 October 2026.

Regulatory Notices

Notices lodged recently include distribution tax estimates on 26 October 2026, distribution notices on 7, 14 and 15 October 2026 and an outstanding ETF securities and monthly redemptions report on 6 October 2026.

Understanding the Category

JPMorgan Nasdaq Equity Premium Income (Hedged) Complex ETF is classified as Equity North America. Funds in this category invest in the securities of companies listed in the USA and/or Canada, and securities from these countries typically account for at least 75% of the portfolio.

Benchmark Background

The NASDAQ 100 Hdg TR AUD index is the fund's benchmark. The fund has been listed since 25 May 2023, a period of about 3 years. J.P. Morgan Asset Management is the issuer, and the ISIN is AU0000271728. The fee is 0.40%.

Distribution Dates Explained

Distributions follow a set sequence. Units go ex-distribution first, the record date then fixes who is entitled, and payment follows on the payment date.

Closing Notes

JPHQ is the currency hedged way to hold JPMorgan's Nasdaq income strategy. The latest distribution was an interim payment of $0.503 per unit, payable on 29 October 2026.

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