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JPMorgan Diversified Return Global Equity ETF
(JPGE)
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Objective

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the FTSE Developed Diversified Factor Index.

Strategy/Investment process

  • Passively managed to a FTSE index developed in partnership with J.P. Morgan Asset Management to provide core developed global equity exposure.
  • Top-down risk allocation framework seeks to equally distribute portfolio risk across 40 regional sectors.
  • Bottom-up multi-factor stock ranking process combines value, size, momentum and low volatility factors.
  • Index methodology includes quarterly rebalancing, liquidity screens, and turnover constraints.

Strategic Beta simplified

March 30, 2015

The benefits of Strategic Beta, an intersection between active and passive investment strategies.

Performance

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Fees and Investment Minimums

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Portfolio

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Management

Fund Managers

For more information about this fund, please see the commentary posted below.
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Documents

Disclaimer

Please refer to the prospectus for additional information about cut-off times.Closing price is as of 4:00 PM (EST) and may not include after-hour trades.

Total return assumes reinvestment of income.

The Underlying Index is comprised of equity securities from developed global markets selected to represent a diversified set of factor characteristics,originally developed by the adviser. FTSE International Limited is the Index Provider. Holdings in the Underlying Index are selected from the constituents of the FTSE Developed Index which is comprised of large- and mid-cap equity securities in developed markets. The rules based proprietary multi-factor selection process utilizes investment characteristics including,but not limited to, attractive relative valuation, positive price momentum, low volatility, and specific market capitalization.The equity securities in the Underlying Index will be diversified across global regions and industries. These securities will be large- and mid-cap equity securities of companies from developed countries, including common stock, preferred stock and real estate investment trusts (REITs).

The FTSE Developed Index is a market-capitalization weighted index representing the performance of large and mid cap companies in Developed markets. The index is derived from the FTSE Global Equity Index Series(GEIS), which covers 98% of the world's investable market capitalization.

The MSCI World Index (net of foreign withholding taxes) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. Total return figures assume the reinvestment of dividends. The dividend is reinvested after deduction of withholding tax, applying the maximum rate to nonresident individual investors who do not benefit from double taxation treaties. An individual cannot invest directly in an index.

The S&P 500 Index is an unmanaged index generally representative of the performance of large companies in the U.S. stock market. Index levels are in total return USD. The performance of the index does not reflect the deduction of expenses associated with a fund, such as management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. An individual cannot invest directly in an index.
The following risks could cause the fund to lose money or perform more poorly than other investments. For more complete risk information, see the prospectus.

Investing involves risk, including possible loss of principal. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Shares of open-end mutual funds are bought and sold at market price which may be higher or lower than the net asset value (NAV). ETF shares are bought and sold throughout the day on an exchange at market price (not NAV) through a brokerage account, and are not individually redeemed from the fund. Shares may only be redeemed directly from a fund by Authorized Participants, in very large creation/redemption units. For all products, brokerage commissions will reduce returns.

International investing bears greater risk due to social, economic, regulatory and political instability in countries in "emerging markets." This makes emerging market securities more volatile and less liquid developed market securities. Changes in exchange rates and differences in accounting and taxation policies outside the U.S. can also affect returns.

International investing has a greater degree of risk and increased volatility due to political and economic instability of some overseas markets. Changes in currency exchange rates and different accounting and taxation policies outside the U.S. can affect returns.

All rights in the FTSE Index (the "Index") invest in FTSE International Limited ("FTSE"). "FTSE®" is a trade mark of the London Stock Exchange Group companies and is used by FTSE under licence. The Fund has been developed solely by J.P. Morgan. The Index is calculated by FTSE or its agent. FTSE and its licensors are not connected to and do not sponsor, advise, recommend, endorse or promote the Fund and do not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Fund. FTSE makes no claim, prediction, warranty or representation either as to the results to be obtained from the Fund or the suitability of the Index for the purpose to which it is being put by J.P. Morgan.

The fund uses derivatives, which may be riskier than other types of investments and may increase the volatility of the fund. The fund may not track the return of its underlying index for a number of reasons, such operating expenses incurred by the fund that are not applicable to the index, and the time difference between calculating the value of the index and the net asset value of the fund.

Index returns and sector returns are for illustrative purposes only and do not represent actual Fund performance. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged. An individual cannot invest directly in an index.
Holdings are subject to change.

Total return assumes reinvestment of income.

30 Day SEC Yield reflect the reimbursements or waivers of certain expenses.

30 Day SEC Yield (Unsubsidized) does not include the reimbursement or waivers of certain expenses.

12-month Dividend Yield is calculated by dividing the dividend per share by the public offering price per share on the day of the distribution. 12-month Dividend Yields represent the sum of the monthly dividend yields for the previous 12 months.