JEIQX — JPMorgan International Research Enhanced Equity Fund
Data updated: 2023-01-17
JEIQX — JPMorgan International Research Enhanced Equity Fund. Europe Real Estate · $4.96B AUM. Holdings, fees, performance and SEC filings.
JEIQX Fund Overview
JEIQX — JPMorgan International Research Enhanced Equity Fund is a US mutual fund managed by JPMorgan Trust II, categorised as Europe Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: JPMorgan Trust II
- Category: Europe Real Estate
- Assets under management: $4.96B
- 1-year return: -7.4%
- Ticker: JEIQX
- SEC CIK: 0000763852
- SEC series ID: S000003653
- Share class ID: C000195052
JEIQX Investment Objective and Strategy
JPMorgan International Research Enhanced Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by JPMorgan Trust II.
Investment objective
The Fund seeks to provide long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its Assets in equity securities. Assets means net assets, plus the amount of borrowings for investment purposes. The Fund primarily invests in foreign companies of various market capitalizations, including foreign subsidiaries of U.S. companies. The equity securities in which the Fund may invest include, but are not limited to, common stock, preferred stock, depositary receipts, privately placed securities and real estate investment trusts (REITs). The Fund seeks to outperform the Morgan Stanley Capital International (MSCI) Europe, Australasia, Far East (EAFE) Index 1 (net of foreign withholding taxes) (the Index) over time while maintaining similar risk characteristics, including sector and geographic risks. In implementing its strategy, the Fund primarily invests in securities included within the universe of the Index.
In addition, the Fund may also invest in securities not included within the Index. Within each sector, the Fund may modestly overweight equity securities that it considers undervalued while modestly underweighting or not holding equity securities that appear overvalued. By emphasizing investment in equity securities that appear undervalued or fairly valued, the Fund seeks returns that modestly exceed those of the Index over the long term with a modest level of volatility. The Fund may use exchange-traded futures to gain exposure to particular foreign securities or markets and for the efficient management of cash flows. The Fund may invest in securities denominated in any currency and may from time to time hedge a portion of its foreign currency exposure using currency forwards. An issuer of a security will be deemed to be located in a particular country if: (i) the principal trading market for the security is in such country, (ii) the issuer is organized under the laws of such country or (iii) the issuer derives at least 50% of its revenues or profits from such country or has at least 50% of its total assets situated in such country.
Investment Process: In managing the Fund, the adviser combines fundamental research with a disciplined portfolio construction process. The adviser utilizes proprietary research, risk management techniques and individual security selection in constructing the Funds portfolio. In-depth, fundamental research into individual securities is conducted by research analysts who emphasize each issuers long-term prospects. This research allows the adviser to rank issuers within each sector group according to what it believes to be their relative value. As a part of its investment process, the adviser seeks to assess the impact of environmental, social and governance factors (including accounting and tax policies, disclosure and investor communication, shareholder rights and remuneration policies) on the cash flows of many companies in which it may invest to identify issuers that the adviser believes will be negatively impacted by such factors relative to other issuers.
These determinations may not be conclusive and securities of such issuers may be purchased and retained by the Fund. The adviser will ordinarily overweight securities which it deems to be attractive and underweight or not hold those securities which it believes are unattractive. The adviser may sell a security as its valuations or rankings change or if more attractive investments become available. In managing the Fund, the adviser will seek to help manage risk in the Funds portfolio by investing in issuers in at least three foreign countries. However, the Fund may invest a substantial part of its assets in just one country. 1 MSCI EAFE Index is a registered service mark of Morgan Stanley Capital International, which does not sponsor and is in no way affiliated with the Fund.
JEIQX Performance
Total returns for JEIQX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -7.4% |
| 3 years (annualised) | 4.6% |
JEIQX Risk Information
Risk metrics for JEIQX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.0%
JEIQX Costs and Fees
JEIQX costs about $25 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.25%
- Gross expense ratio: 0.31%
- Portfolio turnover: 20%
- Brokerage commissions: 2.13 bps of average net assets (SEC N-CEN)
JEIQX Cashflows
Over the 12 months to 2022-04, JPMorgan International Research Enhanced Equity Fund had net inflows of $582.77M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-04 | $292.61M |
| 2022-03 | $380.80M |
| 2022-02 | −$783.98K |
| 2022-01 | −$80.18M |
| 2021-12 | $187.32M |
| 2021-11 | $41.55M |
JEIQX Debt Constituents
No individual debt constituents are reported in JPMorgan International Research Enhanced Equity Fund's latest SEC N-PORT filing.
JEIQX Prospectus and SEC Filings
Official JPMorgan International Research Enhanced Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-02-25
- Prospectus (485BPOS) — filed 2021-02-24
- Prospectus supplement (497) — filed 2021-12-01
- Portfolio holdings (N-PORT) — filed 2022-06-28
- Portfolio holdings (N-PORT) — filed 2022-03-25
- Portfolio holdings (N-PORT) — filed 2021-12-23
- Annual census (N-CEN) — filed 2023-01-17
- Annual census (N-CEN) — filed 2022-01-13
Related Funds
Other Europe Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.