JPM Global Equity Multi-Factor UCITS ETF $

Objectives, Process and Policies Objective The Sub-Fund seeks to provide returns that correspond to those of its Index. Share Class Index JP Morgan Diversified Factor Global Developed (Region Aware) Equity Index Investment Policy The Sub-Fund pursues a passively managed (indextracking) strategy. The Sub-Fund aims to track the performance of the Index as closely as possible, regardless of whether the Index level rises or falls, while seeking to minimise as far as possible the tracking error between the Sub-Fund's performance and that of the Index. The Index is comprised of large and mid-capitalisation equity securities issued in developed markets globally, is published by FTSE Russell and rebalances quarterly (as referred to under the "Index Tracking Risk" in the Prospectus). Further details on the Index, including its components and performance, are available at https://www.ftse.com/products/ indices/jpmorgan-factor. The Index is designed to capture the performance of stocks which display certain factor characteristics more strongly when compared to their peer group (i.e. other stocks in the same sector or region. Factors are characteristics that describe the risk and return profile of securities from which investors expect to achieve above average returns over time, through assuming a particular risk or taking advantage of a behavioural bias. The Index allocates regional weights according to the FTSE Developed Index and then uses a two-step rules-based approach that weights sectors equally based on volatility followed by a stock selection process that uses multiple factors referred to as "multi-factor". This process involves investing in stocks in the FTSE Developed Index according to an overall multi-factor score derived from equally weighting the three factors described below: Value. The tendency of stocks trading at a lower price relative to their fundamental characteristics (such as their price-to-earnings or price-to-book ratios) to generate more attractive re

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No