Performance Analysis

JCREXSCE Index Start Value

112.97

JCREXSCE Index End Value

106.85

Total Index Points Gain (Calculated)

-6.11
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Period Stats

No Results

YTD Stats

No Results

YOY Stats

No Results

Component Performance Summary

No Results

Absolute Performance of JCREXSCE (gross of fees)

1
HYG Synthetic comprises 67.7% CH5LERD5 Index, 20% JFBU3TUU Index, 40% JFBU3FVU Index, and 13.9% JFBU3TYU Index. LQD Synthetic comprises 40.9% CI5LERD5 Index, 83.8% CI1LERD5 Index, 12.6% JFBU3TUU Index, 39% JFBU3FVU Index, and 111.5% JFBU3TYU Index. Both synthetic indices are rebalanced monthly on a gross basis, incorporating rebalancing fees and the risk-free rate from JPACASOU Index. SCS represents the JCREXSCT Index. SCIX comprises 100% HYG US Equity, 100% LQD US Equity, -100% JPACASOU Index and an annual 0.80% financing rate.
2
The absolute performance is calculated by extracting the open positions provided in the breakdown file provided by JP Morgan. Daily performance is computed by multiplying the previous day's position sizes (Number of Shares) by the daily price difference of the underlying assets. This calculation accounts for semi-quanto hedging by converting the performance of non-base currency assets using the applicable FX rates.