Jensen Quality Growth ETF (JGRW)
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JGRW Chart
JGRW: A New Growth ETF With Relative Low Volatility
Jensen Quality Growth ETF (JGRW) is an actively managed large-cap ETF with a concentrated portfolio focused on the information technology sector. JGRW invests in growth stocks with strong financials and at least 15% ROE for ten consecutive years. JGRW looks much safer than other quality growth ETFs based on volatility and drawdown, but it has significantly underperformed two of them.
JGRW: A Growth-Tilted Quality ETF That's Missing The Growth
JGRW is an actively managed ETF holding 25-30 high-quality companies with strong ROEs and free cash flows. Its expense ratio is 0.57% and the ETF manages $95 million in assets. JGRW only launched eight months ago, but its short track record and my evaluation of its current fundamentals indicate safety and quality are its best features. Unfortunately, those features are offset by terrible growth and valuation metrics. From a GARP perspective, JGRW is easily the worst compared to four peers: QGRW, QGRO, GRNY, and SPY.
New Jensen Growth ETF Uses Established Strategy
On Tuesday, Jensen Investment Management launched the Jensen Quality Growth ETF (JGRW), now trading on the NYSE Arca. With the launch of JGRW, Jensen is now offering additional access to the firm's Jensen Quality Growth Strategy.
Jensen Quality Growth ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| KH Kathleen Halliwell DMKC Advisory Services LLC | 115,650 | $3.03M | $3.1M | $64,414.33 | 2.12% |
| KB Kimberly Byrne Bill Few Associates Inc. | 157,541 | $4.25M | $4.22M | -$31,185.31 | -0.73% |
| LWM Lodestone Wealth Management LLC Lodestone Wealth Management LLC | 843 | $22,815 | $22,406.94 | -$408.06 | -1.79% |
| SC Shawn Clark Accredited Wealth Management LLC | 75 | $1,911 | $2,007.75 | $96.75 | 5.06% |
Jensen Quality Growth ETF (JGRW) FAQ
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Jensen Quality Growth ETF Profile
| ARCA Exchange | US Country |
Overview
The fund is constructed with the objective of achieving long-term capital appreciation, primarily focusing on investing in equity securities. It targets to maintain a portfolio of roughly 25 to 30 companies, chosen based on their alignment with the quality and growth criteria established by the fund's investment adviser. This strategy involves allocating at least 80% of the fund’s net assets (including any borrowings for investment purposes) towards equity securities that meet these pre-defined standards of quality and growth. It is characterized by a non-diversified investment approach, which may involve higher risks due to its concentration in fewer securities but also holds the potential for significant capital appreciation.
Products and Services
- Equity Securities Investment
The fund’s primary service offering involves investing in the equity securities of approximately 25 to 30 companies. This is targeted at companies that are determined by the fund's investment adviser to meet specific criteria for quality and growth, aiming to ensure that the investments have the potential for long-term capital appreciation. The selection process is thorough, focusing on the fundamental values and growth prospects of the companies.
- Long-Term Capital Appreciation Strategy
The objective of achieving long-term capital appreciation guides the fund's investment strategy. This involves identifying and investing in companies with the potential for significant growth and quality, which are likely to generate higher returns over the long term. This strategic focus underscores the fund's commitment to securing appreciable gains for its investors through a disciplined and focused investment process.
- Non-Diversified Fund Structure
Operating as a non-diversified fund, it invests in a relatively small number of securities compared to diversified funds. While this could lead to higher volatility and risk due to the concentration of investments, it also allows for the potential of higher rewards. This structure is designed for investors looking for growth opportunities and who are comfortable with the associated level of risk.
