JPM Global HY Cp Bd Multi-Fctr Actv UCITS ETF USDA

The Sub-Fund pursues and actively-managed investment strategy. The Investment Manager aims to outperform the Benchmark over the long-term by investing in below investment grade corporate debt securities globally which display certain factor characteristics more strongly when compared to their peer group. Factors are characteristics that describe the risk and return profile of securities from which investors expect to achieve above average returns over time, through assuming a particular risk or taking advantage of a behavioural bias.