About IUENX
The JPMorgan International Focus Fund Class R6 is a mutual fund focused on delivering long-term capital appreciation by investing primarily in equity securities of companies outside the United States. Managed by an experienced team utilizing bottom-up, fundamental research, the fund leverages insights from global sector specialists to construct a concentrated portfolio of high-conviction ideas. The portfolio typically comprises 40 to 50 stocks and emphasizes mid to large-cap companies diversified across both developed and emerging markets. Notable sector and regional allocations are actively managed, allowing for substantial, though carefully considered, deviations from its benchmark, the MSCI AC World ex USA Index.
With a disciplined, long-term investment horizon and a robust vetting process that emphasizes balance-sheet strength, profitability, and management quality, the fund seeks to balance growth opportunities with valuation discipline. Its holdings span diverse industries and geographies, including material exposure to Europe, Japan, and emerging markets. This approach supports its role as a core international equity holding within diversified portfolios, catering primarily to institutional or retirement investors through its Class R6 share structure, which features a competitive expense ratio and a high minimum investment requirement.
Fund Family JPMorgan
Category Foreign Large Blend
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol IUENX
Share Class Class R6
Index MSCI AC World ex USA NR USD
IUENX had a total return of 21.31% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.97%.
