JGBL is a core global equity ETF combining index diversification and insights from over 40 analysts, targeting low tracking error to the MSCI World Index.
Where this fits
- Bridging passive and active investing
- Designed for core allocations
- Benchmark-aware, not unconstrained
- Stays close to the MSCI World Index
What do existing approaches miss?
| MSCI World ETF | JGBL |
|---|---|
| Market-cap weighted | Fundamentally informed weighting |
| Passive replication | Active stock selection |
| Reflects popularity | Reflects fundamentals |
| Rules based | Research based |
| JGBL keeps the diversification of the index, but improves how weights are assigned. |
|
| Traditional Active Fund | JGBL |
|---|---|
| Concentrated | 125–275 holdings |
| Higher tracking error | ~1.5% target |
| Sector bets | Sector neutral |
| Typically, higher fees | 0.30% TER |
| JGBL provides many of the benefits of active management while targeting low tracking error to MSCI World. | |
How the portfolio is built
-
01 Fundamental
Research -
02 Analyst insights
pooled -
03 ESG integration
-
04 Risk‑controlled
portfolio optimisation
There is no assurance that the investment process will consistently lead to successful investing. Any risk management process discussed includes an effort to monitor and manage risk which should not be confused with and does not imply low risk or the ability to control certain risk factors.
Active risk is concentrated in stock selection,
not macro economics or sector positioning.
>40
equity analysts across global markets
18
years average experience per analyst
Global
research coverage across all major markets
$37bn
equity research strategies AuM, 31 Mar 2026
Proven
approach, our similar strategies have outperformed across investment cycles
20+
year research heritage
Active risk is intentionally concentrated in stock selection
What it does
- Tracks global equity markets closely
- Seeks incremental improvement via stock selection
- Aims to deliver benchmark outperformance
- Focuses on minimising unintended risk
What it does NOT do
- Does not protect in market drawdowns
- Does not make macro or sector calls
- Will not materially deviate from MSCI World Index
Fund specific risks:
No capital protection: The value of your investment may go down as well as up and you may not get back the amount you invested. Liquidity risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. Neither the Index provider nor the issuer make any representation or forecast on liquidity. Market risk: The Net Asset Value of the Fund will change with changes in the market value of the securities it holds. The price of Shares and the income from them may go down as well as up. Investors may not get back their original investment. The capital return and income of the Fund is based on the capital appreciation and income on the securities it holds, less expenses incurred. The Fund’s return may fluctuate in response to changes in such capital appreciation or income. Emerging market risk: The Fund may invest in emerging markets, which tend to be more volatile than more established markets. Investors’ money may therefore be at greater risk. Investment management risk: This is the risk that the Investment Manager’s strategy, the implementation of which is subject to a number of constraints, may not produce the intended results. In addition, the Investment Manager has absolute discretion, subject to the provisions of the Prospectus, Supplement and applicable legislation, to exercise shareholders’ rights with respect to securities comprising the Fund. There can be no guarantee that the exercise of such discretion will result in the investment objective of the Fund being achieved. Investors should also note that in certain cases, none of the Investment Manager, the ICAV or the Shareholders has any voting rights with respect to securities held by the Fund.
Active platform, global reach
Active platform, global reach
A truly global, actively managed equity platform, investing with high-conviction across all regions and styles.
Focused investment expertise
Focused investment expertise
Our experienced equity specialists drive research-driven strategies. Their focused expertise allows for agile decision-making.
A history of delivering performance for clients
A history of delivering performance for clients
As a pure active asset manager, our mission is to deliver long-term, risk-adjusted returns that exceed benchmarks and peer averages.