JPMorgan Active Global Aggregate Bond UCITS ETF (Acc)

Issuer: JPMorgan ETF

Asset Class: Fixed Income

TER: 30bps

Trading Currency: GBP

Pays Income: False

Listing Date: 18 Oct 2023

Ticker: JAAG

ISIN: IE0006MM8VN6

This investment product is an actively managed fund designed to provide broad exposure to the global investment-grade bond market. It aims to achieve a higher total return than its benchmark, the Bloomberg Global Aggregate Index, by strategically investing in a diversified portfolio of fixed and floating-rate debt securities. These instruments are issued by governments, government-related entities, corporations, and securitised structures from both developed and emerging market countries. The fund leverages a research-intensive investment process that combines fundamental, quantitative, and technical analysis to identify opportunities and manage risks across various countries, sectors, and individual issuers.

The active management approach offers the flexibility to adapt to changing market dynamics, which can be particularly advantageous in the fixed income space. Unlike passive funds that are constrained to mirroring an index, the portfolio managers can adjust the fund’s duration, credit quality, sector allocation, and currency exposure based on their macroeconomic outlook and in-depth security analysis. This strategy allows for proactive risk management, especially concerning interest rate sensitivity and credit events. By aiming to outperform the benchmark through a combination of thoughtful sector allocation, rigorous security selection, and tactical currency decisions, this fund serves as a core fixed income holding for investors seeking potential outperformance and a comprehensive, professionally managed solution for global bond exposure.