Jensen launches passive ETF requiring 15% ROE for 10 consecutive years
AI Summary- Jensen Investment Management launched its first passive ETF, the Jensen U.S. Quality Index ETF.
- 15% ROE for 10 years narrows the universe to fewer than 315 U.S.-listed companies.
- JQTY selects 100 companies and joins actively managed JGRW, launched in August 2024.