JPMorgan Active China ETF Active China ETF

Frequently Asked Questions About JCHI

What does JCHI invest in?

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.

What is the expense ratio of JCHI?

JPMorgan Active China ETF Active China ETF (JCHI) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JCHI?

JPMorgan Active China ETF Active China ETF (JCHI) manages $14.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is JCHI actively managed or an index fund?

JCHI is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JCHI's is 0.15%) in exchange for the discretion to over- or under-weight positions.

When was JCHI launched?

JPMorgan Active China ETF Active China ETF (JCHI) launched in March 2023 and is managed by J.P. Morgan.

How has JCHI performed?

JCHI's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.