JPMorgan US Research Enhanced Index Equity Active UCITS ETF USD (dist)

JPMorgan US Research Enhanced Index Equity Active UCITS ETF USD (dist) is an actively managed exchange-traded fund focused on US equities. It invests primarily in companies based in the United States or conducting most of their economic activities there, aiming to outperform the S&P 500 index through a research-enhanced approach. The fund incorporates environmental, social, and governance (ESG) considerations by excluding companies with poor ESG performance or business practices that fail to meet its standards. It employs physical full replication, holding around 240 stocks across key sectors such as technology, consumer discretionary, telecommunications, and financials, with the majority allocated to US-domiciled firms. Unlike its accumulating counterpart, this share class distributes dividends annually to investors. Domiciled in Ireland and launched in 2019, the ETF is denominated in USD and remains unhedged against currency risk, providing European investors with targeted exposure to the US equity market while emphasizing sustainability and active management to seek superior risk-adjusted returns.