At a glance
- The fund is classified Article 8 under the Sustainable Finance Disclosure Regulation.
- For advisors who hold a global value sleeve in model portfolios, the comparable terms are a 55 basis point expense ratio, an MSCI ACWI Value benchmark and Article 8 classification — three data points that can be lined up against an existing passive value holding or another manager's stated style discipline.
- Kyle Williams, Ian Butler, Tom Buckingham, Mayur Patel and Joyce Weng are named as portfolio managers on the fund, backed by more than 80 career equity research analysts, according to the firm.
J.P. Morgan Asset Management announced the launch of the JPM Global Value Equity Active UCITS ETF, ticker JGLV, an actively managed global value fund charging 55 basis points and benchmarked to the MSCI ACWI Value Index.
The fund is classified Article 8 under the Sustainable Finance Disclosure Regulation. According to the firm, the process combines systematic signals, company news flow, equity investor insight, fundamental analysts and sell-side research across more than 5,500 securities. Stock selection is bottom-up, with what J.P. Morgan describes as a rigorous focus on risk control and no style drift across deep and core value.
For advisors who hold a global value sleeve in model portfolios, the comparable terms are a 55 basis point expense ratio, an MSCI ACWI Value benchmark and Article 8 classification — three data points that can be lined up against an existing passive value holding or another manager's stated style discipline. The firm also cites the liquidity, transparency and efficiency of the ETF wrapper, which puts an actively managed mandate in the same structural conversation as the index trackers already on the shelf.
Kyle Williams, Ian Butler, Tom Buckingham, Mayur Patel and Joyce Weng are named as portfolio managers on the fund, backed by more than 80 career equity research analysts, according to the firm.
Williams tied the launch to index concentration. “With global equity benchmarks increasingly concentrated, the opportunity to broaden exposure remains compelling,” he said. The process, he said, has been developed over 25 years and seeks attractively valued, fundamentally sound companies that can benefit as market leadership evolves.
Travis Spence, global head of ETFs at J.P. Morgan Asset Management, said investors are moving beyond broad market exposure to consider how different investment styles complement a portfolio. He said the firm's higher-alpha active ETF range already exceeds $1 billion in assets.
With global equity benchmarks increasingly concentrated, the opportunity to broaden exposure remains compelling.Kyle Williams, portfolio manager at J.P. Morgan Asset Management
Reported by the Launches desk from ETF Express. Published . Corrections