J.P. Morgan Exchange-Traded Fund Trust JPMorgan Active Developing Markets Equity ETF(AMEX:JADE)

JADE targets equities and equity-related securities tied to emerging markets. JPMorgan offers several approaches to the space, from index tracking, to factor-based, and now, JADE, providing pure active management. The fund invests in stocks across various market capitalizations with a preference for large and mid-cap companies. The portfolio is managed by employing a bottom-up stock selection approach, focusing on growth and value potential based on sustainable earnings and sound capital management. Companies are evaluated and ranked through a two-part analysis that considers medium-term returns and long-term growth prospects. Additionally, ESG factors are integrated into the selection process to identify key financial issues and engage with issuers, though these do not solely drive investment decisions. JADE also uses derivatives and currency forwards for risk management. The fund manager may sell holdings if their confidence in a security changes, issuer fundamentals shift, valuations become unattractive, or better opportunities arise. The fund occasionally hedges back to the U.S. dollar. Investors pay up in expense ratio for the management expertise.