Key Investor Information: JPM Global Research Enhanced Index Equity (ESG) UCITS ETF - USD (Acc)

Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

Key Investor Information

This document provides you with key investor information about this fund. It is not marketing material. The information is required
by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an
informed decision about whether to invest.

JPM Global Research Enhanced Index Equity (ESG) UCITS ETF - USD (acc)
a Share Class of JPMorgan ETFs (Ireland) ICAV – Global Research Enhanced Index Equity (ESG) UCITS
ETF
a Sub-Fund of JPMorgan ETFs (Ireland) ICAV IE00BF4G6Y48
The management company is JPMorgan Asset Management (Europe) S.à r.l.
Objectives and Investment Policy
Investment Objective: The Sub-Fund aims to achieve a long-term The Sub-Fund may, for efficient portfolio management purposes, use
return in excess of MSCI World Index (Total Return Net) (the financial derivative instruments.
"Benchmark") by actively investing primarily in a portfolio of
companies, globally. The Sub-Fund seeks to assess the impact of ESG factors on the cash
flows of many companies in which it may invest, to identify issuers that
Investment Policy: The Sub-Fund pursues an actively-managed it believes will be negatively impacted by such factors relative to other
investment strategy. issuers. The Investment Manager focuses on key risk factors,
including, accounting and tax policies, disclosure and investor
The Sub-Fund aims to invest at least 67% of its assets (excluding communications, shareholder rights, remuneration and social and
assets held for ancillary liquidity purposes) in equity securities of environmental factors, seeking to identify such negative outliers. In
companies, globally. Issuers of these securities may be located in any addition to the above ESG assessment, the Investment Manager
country, including emerging markets. evaluates and applies norms and values based screening on an
The Sub-Fund will seek to outperform the Benchmark over the long- ongoing basis relying on third party provider(s) who identify an
term. The Benchmark consists of large and mid-capitalisation stocks issuer's participation in or the revenue which they derive from
issued by issuers in 23 developed markets globally ("Benchmark activities that are inconsistent with the values and norms based
Securities"). The Benchmark has been included as a point of screens. This screening is evaluated and updated from time to time
reference against which the performance of the Sub-Fund may be at the discretion of the Investment Manager.
measured. The Sub-Fund will bear a close resemblance to its The above assessments may not be determinative on investment
Benchmark. decisions in respect of a company's securities and the Investment
The Sub-Fund will not seek to track the performance of or replicate the Manager may purchase and retain such securities.
Benchmark, rather the Sub-Fund will hold a portfolio of equity USD is the base currency of the Sub-Fund.
securities (which may include but will not be limited to the
Benchmark Securities) which is actively selected and managed with Redemption and Dealing: Shares of the Sub-Fund are traded on one
the aim of delivering an investment performance which exceeds that or more stock exchanges. Certain market makers and brokers may
of the Benchmark over the long-term. subscribe and redeem Shares directly with JPMorgan ETFs (Ireland)
ICAV, and are referred to as "Authorised Participants". Other investors
In order to seek to achieve this, the Investment Manager may who are not Authorised Participants can purchase and sell Shares
overweight the securities which it considers to have the highest daily on a recognised stock exchange or over-the-counter.
potential to outperform the Benchmark and underweight or not invest
at all in securities which the Investment Manager considers most Benchmark: MSCI World Index (Total Return Net).
overvalued.
Distribution Policy: This Share Class will not pay dividends.
The risk characteristics of the portfolio of securities held by the Sub-
Fund, such as volatility levels, will be broadly equivalent to the risk For an explanation of some of the terms used in this document, please
characteristics of the Benchmark. visit the glossary on our website at www.jpmorganassetmanagement.
ie.

Risk and Reward Profile


Lower risk Higher risk Q The value of equity securities may go down as well as up in
response to the performance of individual companies and general
Potentially lower reward Potentially higher reward market conditions, sometimes rapidly or unpredictably. If a
company goes through bankruptcy or a similar financial
1 2 3 4 5 6 7 restructuring, its shares in issue typically lose most or all of their
value.
The above rating is based on the historic volatility of the simulated Net Q Since the instruments held by the Sub-Fund may be denominated
Asset Value of this Share Class over the last five years and may not be in currencies other than the Base Currency, the Sub-Fund may be
a reliable indication of the future risk profile of this Share Class. affected unfavourably by exchange control regulations or
The risk and reward category shown above is not guaranteed to fluctuations in currency rates. For this reason, changes in
remain unchanged and may change over time. currency exchange rates can affect the value of the Sub-Fund's
portfolio and may impact the value of the Shares.
A Share Class with the lowest risk rating does not mean a risk-free Q Exclusion of companies that do not meet certain ESG criteria from
investment. the Sub-Fund's investment universe may cause the Sub-Fund to
Why is this Share Class in this category? This Share Class is perform differently compared to similar funds that do not have such
classified in category 6 because its simulated Net Asset Value has a policy.
shown high fluctuations historically. Q The Sub-Fund seeks to provide a return above the Benchmark;
Other material risks: however the Sub-Fund may underperform its Benchmark.
Q The value of your investment may fall as well as rise and you may
Q Further information about risks can be found in the "Risk
get back less than you originally invested. Information" section of the Prospectus.
Charges
One-off charges taken before or after you invest Q Investors who are not Authorised Participants may have to pay
Entry charge None brokerage commissions or other charges determined and imposed
by their brokers when buying or selling Shares on stock exchange
Exit charge None (s). Information on charges can be obtained from your broker.
This is the maximum that might be taken out of your money before it is Authorised Participants dealing directly with JPMorgan ETFs
invested or before the proceeds of your investment are paid out. (Ireland) ICAV will pay related transaction costs.
Q Charges are used to pay the costs of running this Share Class,
Charges taken from this Share Class over a year including the costs of marketing and distribution. These charges
Ongoing charge 0.25% reduce the potential growth of the investment.
Q The ongoing charge figure is estimated and is based on the
Charges taken from this Share Class under certain specific expected total of charges. The UCITS' annual report for each
conditions financial year will include detail on the exact charges made.
Performance fee None Q Further information about charges can be found in the "Fees and
Expenses" section of the Prospectus.

Past Performance
Q JPM Global Research Enhanced Index Equity (ESG) UCITS ETF - Q Past performance is not a guide to future performance.
USD (acc) (IE00BF4G6Y48) Q Performance data has been calculated including tax, ongoing
% Q Benchmark charges and portfolio transaction costs and excluding entry and
30 exit charges, in USD.
25 Q Where no past performance is shown there was insufficient data
available in that year to provide performance.
20
Q Sub-Fund launch date: 2018.
15 Q Share Class launch date: 2018.
10

2015 2016 2017 2018 2019


28.6
27.7

Practical Information
Depositary: The depositary is Brown Brothers Harriman Trustee The Sub-Fund is part of JPMorgan ETFs (Ireland) ICAV, an Irish
Services (Ireland) Limited. collective asset-management vehicle with segregated liability
between sub-funds. JPMorgan ETFs (Ireland) ICAV consists of
Further Information: A copy of the Prospectus and the latest annual separate sub-funds, each of which issues one or more Share
and semi-annual financial report in English and certain other Classes. This document is prepared for a specific Share Class. The
languages and the latest Net Asset Value are available free of charge Prospectus and annual and semi- annual financial reports are
upon request from www.jpmorganassetmanagement.ie, by email from prepared for JPMorgan ETFs (Ireland) ICAV.
[email protected], or by writing to JPMorgan Asset
Management (Europe) S.à r.l, 6 route de Trèves, L-2633 Switching: Switching of Shares from one Sub-Fund into Shares in
Senningerberg, Grand Duchy of Luxembourg. Portfolio disclosure another Sub-Fund is not permitted. Switching of Shares from one
policy of JPMorgan ETFs (Ireland) ICAV can be obtained at www. Share Class into another Share Class within the same Sub-Fund is
jpmorganassetmanagement.ie. The latest prices of shares can be also not permitted to investors trading on stock exchanges but may be
obtained from your broker. available to the Authorised Participants. Further information can be
found in the Prospectus.
Remuneration Policy: The Management Company's Remuneration
Policy can be found on http://www.jpmorganassetmanagement.lu/ Privacy Policy: You should note that, if you contact J.P. Morgan Asset
emea-remuneration-policy. This policy includes details of how Management by telephone, those lines may be recorded and
remuneration and benefits are calculated, including responsibilities monitored for legal, security and training purposes. You should also
and composition of the committee which oversees and controls the take note that information and data from communications with you
policy. A copy of this policy can be requested free of charge from the may be processed by J.P. Morgan Asset Management, acting as a
Management Company. data controller, in accordance with applicable data protection laws.
Further information about processing activities of J.P. Morgan Asset
Tax: The Sub-Fund is subject to Irish tax regulations. This may have Management can be found in the EMEA Privacy Policy, which is
an impact on the investor's personal tax position. available at www.jpmorgan.com/emea-privacy-policy. Additional
Legal Information: JPMorgan Asset Management (Europe) S.à r.l. copies of the EMEA Privacy Policy are available on request.
may be held liable solely on the basis of any statement contained in
this document that is misleading, inaccurate or inconsistent with the
relevant parts of the Prospectus.

The Sub-Fund is authorised in Ireland and regulated by the Central Bank of Ireland. JPMorgan Asset Management
(Europe) S.à r.l. is authorised in Luxembourg and regulated by the CSSF.
This Key Investor Information is accurate as at 19/08/2020

You might also like