JP QLT FACT DRE
BB3:BJQU3991.67
BRL
+4.54
(+5.21%)
JP QLT FACT DRE
B3:BJQU39
(B3)
Recent
price
91.67
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- JP QLT FACT DRE, representing the Brazilian Depositary Receipt program of the JPMorgan U.S. Quality Factor ETF (B3: BJQU39; NYSE Arca: JQUA), is an exchange-traded financial instrument that provides investors with targeted investment exposure to high-quality large- and mid-capitalization United States equities. Managed by J.P. Morgan Investment Management Inc., an asset management subsidiary of JPMorgan Chase & Co., and issued in Brazil through depositary institution Banco B3 S.A., the fund tracks the investment results of the JP Morgan US Quality Factor Index. The underlying ETF was launched in November 2017 and is headquartered in New York, New York, with its Brazilian Depositary Receipt program established in September 2022 to facilitate cross-border equity access for institutional and retail investors without requiring direct overseas brokerage accounts. The fund operates within the financial services and asset management industry, offering a systematic smart-beta investment vehicle structured around comprehensive factor-based portfolio strategies. Core products and investment offerings include diversified equity portfolios tracking high-quality Russell 1000 constituents; quantitative factor-weighting solutions evaluating underlying companies based on profitability metrics such as return on equity and return on assets; accounting assessment screens analyzing earnings quality, cash flow stability, and net accruals; balance-sheet strength evaluations assessing leverage and corporate solvency; sector-diversified equity baskets covering Information Technology, Financials, Health Care, Industrials, and Consumer Discretionary; quarterly index rebalancing and portfolio reconstitution protocols; cross-border foreign exchange conversion and depositary receipt pass-through dividend distribution services; and local liquidity access on the Brazilian stock exchange (B3) denominated in Brazilian Reais. In recent developments, the fund has experienced significant expansion in global assets under management, surpassing the eight billion dollar threshold amid strong institutional and private wealth demand for rules-based quality factor strategies. The underlying manager, J.P. Morgan Asset Management, has continuously enhanced its factor-scoring algorithms and risk-modeling systems to adapt to shifting macroeconomic dynamics, higher interest rate regimes, and corporate earnings variations across large-cap U.S. corporations. Furthermore, the BDR program has expanded its distribution network across Brazilian digital brokerage platforms, wealth management channels, and institutional multi-market portfolios following regulatory modernization by the Comissão de Valores Mobiliários (CVM), broadening international market accessibility and cross-border settlement efficiencies for Brazilian market participants.