JPMorgan Equity Index is a robust option to invest in large-cap U.S. stock funds. The S&P 500, which it tracks, effectively diversifies risk and has proved tough to beat. Under our new ratings framework, which places a greater focus on fees and benchmark-relative performance, the Morningstar Analyst Rating for the fund’s clean share class is upgraded to Silver from Bronze. Cheaper share classes are rated Silver, while the more-expensive shares are rated Bronze.
JPMorgan Equity Index I HLEIX
NAV / 1-Day Return
58.03
/
0.46
%
Total Assets
6.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.200%
Expense Ratio
0.200%
Fee Level
Low
Longest Manager Tenure
17.16
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
1,000,000
Status
Open
TTM Yield
1.55%
Turnover
15%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will HLEIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HLEIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HLEIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of HLEIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A robust option to invest in large-cap U.S. stock funds
