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.
Will HLEIX 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 HLEIX’s performance objective and investment process is for both security selection and portfolio construction.
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.
The Parent Pillar is our rating of HLEIX’s parent organization’s priorities and whether they’re in line with investors’ interests.