US Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETFIndex, costs, backtest, listings and taxation

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

Investment Objective: The objective of the Sub-Fund is to achieve a longterm return in excess of MSCI USA SRI EU PAB Overlay ESG Custom Index* ("the Benchmark") by actively investing primarily in a portfolio of US companies while aligning with the objectives of the Paris Agreement.

Keep reading the KID section ▾

Investment Policy:The investment strategy. Sub-Fund pursues an actively-managed The Sub-Fund aims to invest its assets primarily in equity securities of companies that are domiciled in or carry out the main part of their economic activity in, the US. The Sub-Fund may also invest in Canadian companies to a limited extent The Sub-Fund has sustainable investment as its objective and will invest a minimum of 90% of the Sub-Fund's Net Asset Value in securities that qualify as "sustainable investments" for the purposes of the SFDR. The Sub-Fund will seek to outperform the Benchmark over the long-term, while aligning with the objectives of the Paris Agreement. The Benchmark is comprised of large capitalisation stocks of US companies ("Benchmark Securities"). The constituents of the Benchmark are selected from the constituents of the MSCI USA Index (the "Investible Universe") and the Benchmark aims to meet the requirements for EU Paris-aligned Benchmarks as defined in the EU Climate Benchmarks Regulation and provide lower carbon emission exposure relative to the Investable Universe with a view to achieving the long-term global warming objectives of the Paris Agreement. The Benchmark has been included as a point of reference against which the performance of the Sub-Fund may be measured. The Sub-Fund will bear a close resemblance to its Benchmark. The Sub-Fund will not seek to track the performance of or replicate the Benchmark, rather the Sub-Fund will hold a portfolio of equity securities (which may include but will not be limited to the Benchmark Securities) which is actively selected and managed with the aim of delivering an investment performance which exceeds that of the Benchmark over the long-term. In order to seek to achieve this, the Investment Manager may overweight the securities which it considers to have the highest potential to outperform the Benchmark and underweight or not invest at all in securities which the Investment Manager considers most overvalued. The Sub-Fund's portfolio will be constructed such that it aims to meet the Benchmark's obligations under the EU Climate Benchmarks Regulation, as described above. Consequently the Sub-Fund will also seek to achieve a reduction of its greenhouse gas intensity of at least 7% on average per annum and an overall reduction of its greenhouse gas intensity compared to the Investable Universe of at least 50%. In addition, whilst the Investment Manager may underweight, or not invest at all in, Benchmark Securities, the Investment Manager will not actively underweight High Climate Impact Sectors as a whole, relative to the Investible Universe. The Investment Manager evaluates and applies values and norms based screening to implement exclusions To support this screening, the Investment Manager relies on third party provider(s) who identify an issuer's participation in or the revenue which they derive from activities that are inconsistent with the values and norms based screens. Further details on the screening process can be found in the Sub-Fund's full exclusion policy which can be found on the Website (www. jpmorganassetmanagement.ie). The Sub-Fund seeks to assess the impact of ESG factors through a forward looking investment approach, active engagement with companies, where possible, and seek to positively influence business practices to improve sustainability. The Investment Manager focuses on key risk factors, including, for example, accounting and tax policies, disclosure and investor communications, shareholder rights, remuneration and social and environmental factors. The ESG assessment using these risk factors is integrated into the investment process described above. If a security ceases to qualify as a Sustainable Investment, the Investment Manager will sell it as soon as practicable in the best interests of the SubFund and in accordance with its exclusion policy. The Sub-Fund systematically includes ESG criteria in investment analysis and investment decisions on all securities purchased (excluding cash). The risk characteristics of the portfolio of securities held by the Sub-Fund, such as volatility levels, will be broadly equivalent to the risk characteristics of the Benchmark. The Sub-Fund may, for efficient portfolio management purposes, use financial derivative instruments. USD is the base currency of the Sub-Fund.

Redemption and Dealing:Shares of the Sub-Fund are traded on one or more stock exchanges. Certain market makers and brokers may subscribe and redeem Shares directly with JPMorgan ETFs (Ireland) ICAV, and are referred to as "Authorised Participants". Other investors who are not Authorised Participants can purchase and sell Shares daily on a recognised stock exchange or over-the-counter. Benchmark: MSCI USA SRI EU PAB Overlay ESG Custom Index*.

Distribution Policy:This Share Class will not pay dividends. For an explanation of some of the terms used in this document, please visit the glossary on our website at www.jpmorganassetmanagement.ie.

Countries

• XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans