Today I treated myself to the $JEGP (-0,16%) today. I'm not expecting a "high roller" in terms of price returns, but a "dividend horse" that provides a continuous cash return in my portfolio. In my opinion, the fund does exactly what it was designed for and that is to pay dividends on the MSCI World.
I like the active management, the "covered call" concept and the stock selection. I don't consider a 60% US allocation to be a cluster risk, as the Mag7 are not represented. When I look at the top positions, I identify stocks in the "value" segment. This ETF corresponds to my investment strategy and therefore fits very well into my "core portfolio". Due to the favorable USD exchange rate, the entry is currently favorable from my point of view, precisely because the EFT is moving sideways. Although the currency risk has an impact on the dividend, I see this ETF as a "buy-and-hold" and the USD exchange rate is likely to turn again.
In summary, a plow horse, not a racehorse. It works and will never win a sprint :-)
Your opinion?
