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About JPMorgan Active China ETF Active China ETF
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Inception date
Mar 15, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
JPMorgan Investment Management, Inc.
Distributor
JPMorgan Distribution Services, Inc.
ISIN
US46654Q8805
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Electronic Technology
Producer Manufacturing
Retail Trade
Stocks99.30%
Technology Services20.96%
Finance15.01%
Electronic Technology14.30%
Producer Manufacturing12.54%
Retail Trade10.75%
Consumer Non-Durables5.35%
Non-Energy Minerals3.73%
Energy Minerals3.48%
Process Industries3.27%
Transportation3.01%
Utilities2.33%
Health Technology2.29%
Consumer Durables2.29%
Bonds, Cash & Other0.70%
Mutual fund0.59%
Cash0.10%
Stock breakdown by region
Asia97.17%
Europe2.83%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JCHI invests in stocks. The fund's major sectors are Technology Services, with 20.96% stocks, and Finance, with 15.01% of the basket. The assets are mostly located in the Asia region.
JCHI top holdings are Tencent Holdings Ltd and Alibaba Group Holding Limited, occupying 15.16% and 7.95% of the portfolio correspondingly.
JCHI last dividends amounted to 0.92 USD. The year before, the issuer paid 0.83 USD in dividends, which shows a 9.74% increase.
JCHI assets under management is 14.77 M USD. It's risen 5.50% over the last month.
JCHI fund flows account for 657.00 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, JCHI pays dividends to its holders with the dividend yield of 1.67%. The last dividend (Dec 27, 2024) amounted to 0.92 USD. The dividends are paid annually.
JCHI shares are issued by JPMorgan Chase & Co. under the brand JPMorgan. The ETF was launched on Mar 15, 2023, and its management style is Active.
JCHI expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
JCHI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JCHI invests in stocks.
JCHI price has risen by 10.46% over the last month, and its yearly performance shows a 36.64% increase. See more dynamics on JCHI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.67% over the last month, showed a 16.97% increase in three-month performance and has increased by 41.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.67% over the last month, showed a 16.97% increase in three-month performance and has increased by 41.05% in a year.
JCHI trades at a premium (1.03%) meaning the ETF is trading at a higher price than the calculated NAV.