J.P. Morgan UK Equity Core

ETF description

This ETF invests in a broad range of UK companies, providing exposure to the performance of the UK stock market. The fund holds shares in companies of various sizes and sectors, aiming to reflect the overall composition of the UK economy. By holding a diversified portfolio of companies, the ETF seeks to reduce the risks associated with investing in just one or a few stocks.

This ETF may be suitable for investors seeking income through dividends, as it distributes dividends from the companies in its portfolio. It can be a useful tool for those looking for a core investment in UK equities as part of a broader, diversified investment strategy.

Issuer details

JP Morgan Asset Management is a leading global asset management firm, offering a range of investment products, including mutual funds, ETFs, and alternative investments. With over $3 trillion in assets under management as of June 2024, covering various market segments. Known for its strong global presence, investment strategies, and research capabilities, JP Morgan’s ETFs include popular options like the JP Morgan BetaBuilders and the JP Morgan Ultra‑Short Income ETF.

Index details

The ETF aims to achieve a long‑term return in excess of the FTSE All‑Share Index by actively investing primarily in a portfolio of UK companies. The FTSE All‑Share Index represents the performance of all eligible companies listed on the London Stock Exchange’s (LSE) main market, which pass screening for size and liquidity. The index captures 98% of the UK’s market capitalisation.