This is an actively managed ETF which invests primarily in investment grade, US dollar denominated, short- term fixed, variable and floating rate debt securities. The strategy concentrates investments in the banking sector and, under normal conditions, will invest more than 25 per cent of its Net Asset Value in debt securities issued by companies in the banking sector. The benchmark is the ICE BofAML US 3-Month Treasury Bill index. This ETF reinvests income. Ticker: JPAS ISIN: IE00BG8BCY43 Full Name: JPMorgan USD Ultra-Short Income UCITS ETF