JPM US Equity Premium Income Active UCITS ETF EUR Hedged Dis

Objectives, Process and Policies Objective The objective of the Sub-Fund is to provide income and long-term capital growth. Share Class Benchmark S&P 500 (Total Return Net). Investment Policy The Sub-Fund pursues an actively-managed investment strategy. The Sub-Fund aims to (i) invest in a portfolio of equity securities comprising primarily of companies that are domiciled in, or carrying out the main part of their economic activity in the USA, and (ii) sell equity call options and/or equity index call options, to generate an income through the associated dividends and options premiums. (i) Equity Portfolio The Sub-Fund aims to invest at least 67% of its assets (excluding assets held for ancillary liquidity purposes) in equity securities issued by companies that are domiciled in, or carrying out the main part of their economic activity in the USA. The Sub-Fund may also invest in equity securities issued by companies from any other country. (ii) Equity Call Options/Equity Index Call Options The Investment Manager seeks additional income through employing a financial derivative instrument ("FDI") overlay strategy which will be implemented by systematically selling equity call options and/or equity index call options which will typically have exposure to indices comprised of Benchmark Securities. The income provided from the option premiums is an important source of the Sub-Fund's return and may also reduce the Sub-Fund's volatility, the income generated from the option premiums may help offset any losses from the equity portfolio. However, investors should also note that the losses from the sale of equity call options and/or equity index call options may also offset the Sub-Fund's profits from increases in the value of the equity portfolio. The Benchmark consists of large capitalisation stocks issued by companies in the USA ("Benchmark Securities"). The Benchmark has been included as a point of reference against which the performance of the Sub-Fund may be measured and

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PIR compliant

No

PEA compliant

No

PEA-PME compliant

No