JPMorgan Active US Value UCITS ETF (Acc)

Issuer: JPMorgan ETF

Asset Class: Equity

TER: 49bps

Trading Currency: GBX

Pays Income: False

Listing Date: 25 Jan 2024

Ticker: JAAV

ISIN: IE000TD3TI26

This actively managed fund offers a systematic, research-driven approach to identifying undervalued companies in the United States. The strategy goes beyond simple market-cap weighting, employing a proprietary valuation model to screen for securities that appear inexpensive relative to their fundamental characteristics. By focusing on a composite of factors including value, quality, and momentum, the portfolio managers aim to construct a diversified portfolio of companies with the potential for long-term capital appreciation. This disciplined, quantitative process seeks to uncover opportunities that may be overlooked by the broader market, offering a distinct alternative to traditional passive index-tracking strategies for those seeking to outperform the market.

The product is designed for investors seeking core exposure to the US equity market but with a specific tilt towards the value style. The bottom-up stock selection process results in a portfolio that is intentionally different from common benchmarks, aiming for a lower overall valuation profile. This active management allows for adaptability in changing market conditions, with the investment team continuously assessing and adjusting holdings based on their research. By focusing on fundamentally sound but attractively priced companies, the strategy aims to deliver long-term growth. The accumulating share class structure means any dividends are automatically reinvested, compounding returns within the fund, making it a potentially suitable holding for those with a long-term investment horizon.