Overview
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Description
JPMorgan Global Equity Premium Income Active UCITS ETF USD (Accumulating) is an actively managed exchange-traded fund (ETF) that seeks to deliver income and long-term capital growth through global equity exposure. It primarily invests in large- and mid-cap companies across developed markets worldwide, employing a sophisticated options overlay strategy, such as selling out-of-the-money index-level calls, to generate premium income while aiming for lower volatility and downside protection compared to broad market benchmarks like the MSCI World Index. As an accumulating ETF, it reinvests dividends and distributions back into the fund, promoting compounding effects without regular payouts to investors. The portfolio maintains a broadly neutral stance across regions, sectors, and styles, with significant allocations to finance, technology services, health technology, and communications, featuring holdings like Microsoft, Southern Company, and UnitedHealth Group. Domiciled in Ireland and managed by J.P. Morgan Asset Management, it carries a low total expense ratio of 0.35% p.a. and remains unhedged against currency risk in USD. This ETF serves as an efficient vehicle for investors pursuing diversified global equities with an income-enhancing approach in their portfolios.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+352 34 101
Website
Instrument type
ETF
Country
Germany
MIC code
XDUS