JPMorgan Macro Opportunities earns an inaugural Morningstar Analyst Rating of Bronze for its cheaper share classes while the more expensive C share class receives a Neutral rating. These ratings align with the Luxembourg-domiciled sibling. Although the U.S.-based fund is newly rated, the strategy is not: Upon observing multiple incremental improvements to the team structure and process, the strategy received People and Process Pillar upgrades to Above Average in early 2022.
Will JPMIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JPMIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the JPMIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of JPMIX’s parent organization’s priorities and whether they’re in line with investors’ interests.