JPM USD High Yield Bond Active UCITS ETF EUR Hdg Dist

Objectives, Process and Policies Objective The objective of the Sub-Fund is to achieve a long-term return in excess of the Benchmark by actively investing primarily in a portfolio of USD-denominated below investment grade corporate debt securities. Share Class Benchmark ICE BofA US High Yield Constrained Index Investment Policy The Sub-Fund pursues an actively-managed investment strategy. The Sub-Fund aims to invest at least 67% of its assets (excluding assets held for ancillary liquidity purposes) in USD-denominated below investment grade corporate debt securities from developed market issuers. The Sub-Fund may also invest in debt securities from emerging markets to a limited extent. The Sub-Fund systematically includes ESG analysis in its investment decisions on at least 75% of non-investment grade securities and 90% of investment grade securities purchased. Pursuant to the Investment Manager's ESG analysis, at least 51% of the Sub-Fund's Net Asset Value is invested in issuers with positive environmental and/or social characteristics (i.e. issuers which are aligned with the environmental and/or social characteristics that the Sub-Fund promotes) that follow good governance practices, as measured through the Investment Manager's proprietary ESG scoring methodology and/or third party data. In addition to ESG Integration, as an SFDR Article 8 fund, the Sub-Fund promotes environmental and/or social characteristics. The Sub-Fund also invests at least 10% of its Net Asset Value in Sustainable Investments, as defined under SFDR, contributing to environmental or social objectives. The Investment Manager evaluates and applies values and norms based screening to implement exclusions on certain industries and issuers based on specific ESG criteria and/or minimum standards of business practice based on international norms. 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 deri

Gestione attiva

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No