JVAL – JPMorgan US Value Factor ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. "Assets" means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
JVAL	JPMorgan U.S. Value Factor ETF	ETF	Open			Nov 8, 2017	$1.00B	0.120%	—	—	$290.47M
JVAL	JPMorgan U.S. Value Factor ETF	ETF	Open	—		Nov 8, 2017	—	0.120%	—	—	—

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