FB RESEARCH · ISSUE 26/19

Notes from the data.

Short, sharp pieces from our analysts on funds, flows, sectors and what the numbers are actually saying right now. Every note is anchored to live data on the platform — click any reference to jump straight to the fund, category, or holding.

PUBLISHED WEEKLY · MON 2 ACTIVE NOTES
Funds NO. 002 · 8 MAY 2026 · 4 min READ

JP Morgan’s US value bet: what active is actually doing differently

JPMorgan's US Value Fund costs 1.50% a year. Its sibling America Equity Fund costs 0.65%. Both sit in one of the hardest categories for active managers to justify their fees.

Filed under US Value Fund (CNH) A LU2499265663 America Equity Fund (USD) C LU0129459060 America Equity Fund (EUR) C LU0289216672
Read full note
Fee gap between JPM's US Value and its America Equity sibling
85 bps
1.50% VS. 0.65% · BOTH INSTITUTIONAL CLASS · SAME FUND HOUSE

This week

VIEW ALL →
NO. 001
Sectors · 5 min

AI funds may be converging on the same names — but fees tell a stranger story

The AI fund universe appears to be narrowing around a shared set of holdings, but an OCF range from 0.01% to 2.86% reveals a more structural distortion.

Allianz Global Artificial Intelligen… LU1602091867 Pictet - Robotics LU1279333329 Disruptive Technology N CAPITALISATION LU0823422141