JPMorgan Sustainable Consumption ETF CIRC Stock Analysis

About JPMorgan Sustainable Consumption ETF

In managing the Fund, the adviser identifies companies that, in the adviser’s opinion, are developing solutions that help preserve natural resources, improve resource use, or reduce waste and are thus well positioned to benefit from growing demand for such investments. For purposes of the Fund’s name and investment theme, “sustainable consumption” refers to solutions that reduce human impact on natural resources in specific communities, regions or around the globe. For purposes of the Fund’s investment objective, companies that help “preserve natural resources, improve resource use, or reduce waste” include companies that currently are providing or investing in or are in the process of developing solutions or services to promote sustainable water systems, sustainable agriculture and food, sustainable production technologies, sustainable materials and design, and recycling products. The Fund is a “thematic” fund meaning that the Fund seeks to identify and invest in companies that are relevant to the investment theme of sustainable consumption. Companies are selected in relation to the following key sub-themes:Sustainable Water Systems – Companies that the adviser believes are providing sustainable water solutions, including water purification, waste water management and water sanitation as well as companies contributing to water conservation and industrial water recycling.Sustainable Agriculture and Food – Companies that the adviser believes are focused on sustainable agricultural processes such as precision agriculture technology, alternative farming and efficient food processes as well as companies that the adviser believes are focused on sustainable food practices such as developing plant-based alternatives and organic and diverse food options.Sustainable Production Technologies – Companies that the adviser believes are facilitating the reduction of waste and minimizing use of natural resources by enabling technologies, improving operating efficiency, improving utilization of existing products, or shortening product design cycles.Sustainable Materials and Design – Companies that the adviser believes are focused on production and use of renewable, recyclable and environmentally friendly materials, including responsible forest management, sustainable packaging solutions, and sustainable design technologies.Recycling and Re-Use – Companies that the adviser believes focused on recycling, particularly of plastic and metal products, waste management companies contributing to reduction of landfill waste, and companies facilitating re-use of consumer products and machinery.These sub-themes may change from time to time as businesses, technologies, products, services, and practices evolve or emerge to facilitate sustainable consumption. Under normal circumstances, the Fund invests at least 80% of its Assets in equity securities of companies that further or engage in sustainable consumption activities as determined by the adviser based on its sustainable investment inclusion process (the “80% policy”). “Assets” means net assets, plus the amount of borrowings for investment purposes.In implementing its main strategies, the Fund invests primarily in common stocks, depositary receipts and real estate investment trusts (REITs). The Fund is not managed to an index and may invest in equity securities in both U.S. and foreign markets, including emerging markets. The Fund may invest a significant portion of its assets in small capitalization companies and have significant positions in specific sectors or markets from time to time. Derivatives, which are instruments that have a value based on another instrument, exchange rate or index, may be used as substitutes for securities in which the Fund can invest. The Fund may use futures contracts to gain or reduce exposure to equity markets, maintain liquidity and minimize transaction costs. In managing cash flows, the Fund may use futures contracts to invest incoming cash in the market or sell…