JPMorgan Global Research Enhanced Index Equity Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100381-2022-08-05-02:32.pdf
FUND MANAGER JPMorgan Asset Management (Australia)
ASX Code
INVESTMENT STYLE The Fund invests primarily in a portfolio of global companies, replicating the Benchmark.
INVESTMENT PROFILE The Fund aims to achieve a long-term return in excess of the Benchmark.
BENCHMARK MSCI World Index (Total Return Net)
FUND SIZE MSCI World Index (Total Return Net)
FEES 0.20% of the NAV of the Fund



Benefits of investing in the JPMorgan Global Research Enhanced Index Equity Fund

  • Diversification: The Fund provides exposure to a diversified portfolio of global securities which typically exceeds 600 stocks, minimising stock specific risk.
  • Index-like product: The Fund has index-like characteristics creating an attractive alternative to passive funds, aiming to deliver positive alpha at low active risk. Risks are carefully managed by applying index-relative limits on the weights of regions, sectors and styles in the portfolio construction process.
  • Stock-specific insights: The Fund differs from traditional index funds through applying stock selection filters leveraging JPMorgan's extensive fundamental research globally.
  • On-the-ground insight: The Fund leverages a large in-house fundamental research career analysts covering 2000 stocks, a strong team of portfolio managers and a wide trading platform spread across the globe.

Risk level

Very high

Investor suitability

This Fund may be suitable for investors who seek to benefit from potential excess returns with similar risks to investing in securities representing the Benchmark. As the Fund is diversified across a number of markets, it may be suitable for investors who are looking for a core international equity investment, or as a standalone investment aimed at producing long-term capital growth.




Key Features

Investment objective

To achieve a long-term return in excess of the Benchmark by investing primarily in a portfolio of companies, globally; the risk characteristics of the portfolio of securities held by the Underlying Sub-Fund will resemble the risk characteristics of the portfolio of securities held in the Benchmark.

Investment strategy

The Fund will be substantially invested in shares that correspond to the JPMorgan Funds - Global Research Enhanced Index Equity Fund ("Underlying Sub-Fund), a specific portfolio within the JPMorgan Funds, which is an umbrella structured open-ended investment company organised under Luxembourg law as a société anonyme qualifying as a société d'investissement à capital variable ("SICAV).

Fund highlights

  • REI strategies have been managed by J.P. Morgan Asset Management for over 25 years.
  • In-depth stock-specific insights from our global network of fundamental analysts, leveraged by experienced and disciplined portfolio managers, create the opportunity for enhanced returns.
  • Rigorous risk management-designed to maintain region, sector and style neutrality and a high correlation with the benchmark - leaves investor portfolio allocation strategies virtually undisturbed.


How we invest your money

The Fund will be substantially invested in the Underlying Sub- Fund. However, a small proportion of the Fund's investments will be in cash.

In relation to the Underlying Sub-Fund, at least 67% of the Underlying Sub-Fund's assets (excluding cash and cash equivalents) will be invested in equity securities of companies, globally. Issuers of these securities may be located in any country, including emerging markets. The Underlying Sub-Fund will be constructed using the Benchmark, aiming to overweight the securities in the Benchmark with the highest potential to outperform and underweight the securities considered most overvalued. Debt securities, cash and cash equivalents may be held by the Underlying Sub-Fund on an ancillary basis. The Underlying Sub-Fund may also invest in other investment funds (namely UCITS and UCIs as defined under Luxembourg law).

EUR is the reference currency of the Underlying Sub-Fund but it may invest in assets denominated in any currency and currency exposure in the Underlying Sub-Fund may be managed by reference to its Benchmark. The Underlying Sub-Fund may use financial derivative instruments for the purposes of hedging and efficient portfolio management.

The expected proportion of the assets under management of the Underlying Sub-Fund that could be subject to securities lending fluctuates between 0% and 20%, the latter being the maximum.