JPMorgan Global Research Enhanced Index Equity (ESG) UCITS ETF Dist
| Issuer: JPMorgan ETF |
| Asset Class: Equity |
| TER: 25bps |
| Trading Currency: USD |
| Pays Income: False |
| Listing Date: 22 Sep 2021 |
| Ticker: JRGD |
| ISIN: IE000HFXP0D2 |
This actively managed fund aims to deliver long-term capital growth by outperforming the broad global equity market. It employs a proprietary 'Research Enhanced Index' (REI) strategy, which leverages the extensive fundamental research of a large global team of analysts to systematically build a portfolio of companies. The objective is to generate modest outperformance over its benchmark while maintaining a similar overall risk profile, including sector and regional exposures. This approach combines the discipline of a quantitative process with the insights of human-led analysis, seeking to identify undervalued stocks with strong quality and momentum characteristics.
The investment process is rooted in a bottom-up stock selection model that scores thousands of global stocks. In addition to financial metrics, the fund integrates specific Environmental, Social, and Governance (ESG) criteria. It applies both values-based and norms-based exclusions to screen out companies involved in controversial sectors such as thermal coal, tobacco, and certain weapons manufacturing. Furthermore, the strategy actively tilts the portfolio towards companies with stronger ESG profiles, aiming to mitigate sustainability-related risks and capture associated opportunities without compromising the core objective of outperformance.
This product is designed for investors seeking a core allocation to global developed market equities who believe in the potential for active management to add value over passive indexing. It offers a sophisticated alternative to a traditional market-cap weighted tracker, providing broad diversification across thousands of holdings while incorporating an active layer of stock selection and a robust ESG framework. It can serve as a foundational holding in a diversified portfolio for those looking to blend benchmark-like risk with the potential for alpha generation.
