JPMorgan Active China ETF Active China ETF (JCHI)
JPMorgan Active China ETF Active China ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $51.71, down 0.42% on the session, giving a market capitalisation of $13.6M. Its beta of 0.64 implies it has historically moved less than the broad market.
JCHI covers an array of investable Chinese shares, including administrative regions such as Hong Kong and Macau. The funds adviser uses a bottom-up stock selection process that includes macro and policy consideration. The objective is to identify industry leaders through key opportunities and risk evaluation. As a result, the actively managed portfolio holds 40 to 70 stocks, with significant investments in foreign-denominated companies that rely on variable interest entity structures (VIE). Considerable autonomy in identifying, researching, and ranking securities is given to research analysts to foster creativity. Most assessments involve a two-part analysis: business growth and quality characteristics combined with expected five-year returns. An assessment of ESG impact is also considered. While the fund has an all-cap stock exposure, it also holds derivatives as a security substitute and foreign currencies, a portion of which is currency forwards hedged. The fund is non-diversified.
JPMorgan Active China ETF Active China ETF is most often compared with the following Financial Services names: