🌍 Fund is advised by JP Morgan and invests in large U.S. companies.
💸 Manages nearly €10 billion with a commission of 0.68%.
🔍 Portfolio closely mirrors the JP Morgan US Select Equity Fund.
🤔 Questions arise whether the fund is actively managed or simply replicating another fund.
@mfncristianbarros:
“The Caixabank Master Renta Variable USA fund, advised by JP Morgan, manages nearly 10 billion euros with a 0.68% commission. The fund’s portfolio closely mirrors the JP Morgan US Select Equity Fund, with only minor differences like holding American Express instead of Wells Fargo. This raises questions about whether the fund is actively managed by JP Morgan for Caixabank or simply replicating an existing JP Morgan fund.”
Watch the exact part of the video where Cristian talks about Caixabank Master Renta Variable USA here:
Watch the video on YouTube.
Read more articles featuring the most recent analysis of Caixabank at this link: BLOG.
