Here's a passive-like fund that uses its fundamental research capabilities to outperform the benchmark and does so with a low active risk profile.

As its name suggests, the JPMorgan Global Research Enhanced Index Equity Fund is supported by 70 career analysts who target excess returns by actively exploiting stock-specific ideas.

J.P. Morgan Asset Management portfolio manager Piera Elisa Grassi says the fund achieves index-like characteristics with a disciplined focus on region, sector and style neutrality.

In the accompanying article, we learn how an REI strategy can act as a core fund that delivers positive alpha with minimal active risk.