{"success":true,"data":{"pressRelease":{"id":"157098","rtpr_id":"nBwbdmmdha-20260930","ticker":"JGRW","exchange":"NYSE","all_tickers":["JGRW","JQTY"],"title":"Jensen Investment Management Expands ETF Lineup with First Passive Fund Built on Proprietary Benchmark Focused on Sustained Company Profitability","author":"Business Wire","published_at":"2026-09-30T16:00:00.334Z","article_body":"Jensen Investment Management Expands ETF Lineup with First Passive Fund Built\non Proprietary Benchmark Focused on Sustained Company Profitability\n\nFund Facts\n\n\n * Ticker: JQTY\n\n * Tracks: Jensen U.S. Quality Index, independently calculated and administered\nby VettaFi\n\n * Screen: Minimum 15% return on equity, sustained for 10 consecutive fiscal\nyears\n\n * Qualifying universe: Fewer than 315 U.S. companies at launch\n\n * Holdings: Top 100 qualifiers by free float market capitalization, modified-cap\nweighting\n\n * Reconstituted and rebalanced semiannually\n\n * Expense ratio: 0.25%\n\nJensen Investment Management (\"Jensen\"), a 100% independently-owned investment\nmanagement firm, today announced the launch of its first passive\nexchange-traded fund, the Jensen U.S. Quality Index ETF (NYSE: JQTY). The Fund\nwill track the Jensen U.S. Quality Index (JQUI).\n\nJQTY draws on the longstanding research discipline that underpins the firm's\nQuality Growth strategies. To meet Jensen's highly selective definition of\nquality, companies must generate a return on equity (ROE) of at least 15% in\neach of the previous ten fiscal years. Out of thousands of publicly traded\nU.S. companies, fewer than 315 currently satisfy this standard, creating a\nnarrow universe of businesses that have demonstrated consistent profitability\nthrough multiple market and economic environments.\n\nFrom this universe, the Index selects the 100 largest qualifying U.S.\ncompanies based on free float market capitalization. Constituents are weighted\nusing a modified market capitalization methodology designed to moderate\nconcentration in the largest holdings while preserving meaningful exposure to\nmarket leaders. The approach is also intended to reduce overlap with other\nfunds or strategies an investor may already hold. The Index is independently\ncalculated and administered by VettaFi and is reconstituted and rebalanced\nsemiannually.\n\n\"A single strong year doesn't tell you whether a business is built to last,\"\nsaid Allen Bond, Managing Director, Head of Research & Portfolio Manager\nat Jensen Investment Management. \"Since our founding in 1988, we've identified\ncompanies that we believe can compound shareholder value across economic\ncycles, and once a company earns its place in our quality universe, it rarely\nleaves. That kind of durability is rare, and it's difficult to see in a single\nsnapshot of a company's financials. JQTY is built on it.\"\n\n\"Investors have long known Jensen for a consistent, disciplined definition of\nquality, and JQTY extends that discipline to a new set of investors,\" said\nRichard Clark, Managing Director at Jensen Investment Management. \"Those who\nprefer a rules-based approach now have a transparent, tax-efficient way to own\nthe largest companies that meet our standard, alongside our actively managed\nQuality Growth strategy.\"\n\nJQTY joins the Jensen Quality Growth ETF (NYSE: JGRW), the firm's actively\nmanaged ETF, which launched in August 2024. Both Funds draw from the Jensen\nQuality Universe.\n\nAbout Jensen Investment Management\n\nFounded in 1988, Jensen Investment Management is an independently-owned\ninvestment management firm headquartered in Lake Oswego, Oregon. For more than\n35 years, the firm has applied a disciplined investment philosophy centered on\nidentifying businesses we believe to be capable of generating consistently\nhigh returns on shareholder equity over extended periods. For more\ninformation, visit www.jenseninvestment.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.jenseninvestment.com&esheet=54613248&newsitemid=20260930267587&lan=en-US&anchor=www.jenseninvestment.com&index=1&md5=8badf44c1245b03f6a709c3d620808e4)\n.\n\nDisclosures\n\nJensen Investment Management, Inc. is an investment adviser registered under\nthe Investment Advisers Act of 1940. Registration with the SEC does not imply\nany level of skill or training.\n\nPlease refer to the prospectus carefully for important information about the\ninvestment objectives, risks, charges and expenses. To obtain a prospectus\ncontaining this and other important information, please visit\nwww.jenseninvestment.com/jqty-prospectus\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.jenseninvestment.com%2Fjqty-prospectus&esheet=54613248&newsitemid=20260930267587&lan=en-US&anchor=www.jenseninvestment.com%2Fjqty-prospectus&index=2&md5=654151c2610d804e81ef3ec849d08765)\nto view or download the prospectus online. Read the prospectus carefully\nbefore you invest.\n\nFund holdings and sector allocations are subject to change.\n\nThere are risks involved with investing including the possible loss of\nprincipal. The Fund is non-diversified and is permitted to invest a greater\nportion of its assets in the securities of a smaller number of issuers than\nwould be permissible if it were a “diversified” fund and therefore, it may\nbe more sensitive to market changes than a diversified fund. The Fund’s\ninvestment strategy requires that a company selected for investment by the\nFund must have attained, among other criteria, a return on equity of at least\n15 percent per year for each of the prior ten fiscal years as determined by\nthe Adviser. Because of the relatively limited number of companies that have\nachieved this strong level of consistent, long-term business performance, the\nFund at times is prohibited from investing in certain companies and sectors\nthat may be experiencing a shorter-term period of robust earnings growth. The\nprices of growth stocks may be more sensitive to changes in current or\nexpected earnings than the prices of other stocks and may be out of favor with\ninvestors at different periods of time.\n\nFor an Exchange Traded Fund (“ETF”), the market price return is calculated\nfrom the closing price as determined by the Fund’s listing exchange. If you\ntrade your shares at another time, your return may differ. For the period from\ninception date to listing date, the NAV of the Fund is used as a proxy for the\nmarket price to calculate returns. ETFs trade like stocks, fluctuate in market\nvalue and may trade either at a premium or discount to their net asset value.\nETF shares trade at market price and are not individually redeemable with the\nissuing fund, other than in large share amounts called creation units. ETFs\nare subject to risk similar to those of stocks, including those regarding\nshort-selling and margin account maintenance. Brokerage commissions and\nexpenses will reduce returns.\n\nMarket Capitalization: The total value of the issued shares of a publicly\ntraded company; it is equal to the share price times the number of shares\noutstanding.\n\nJensen U.S. Quality Index: Measures the performance of the 100 largest U.S.\ncompanies that demonstrate consistently high ROE over the past 10 years,\nincorporating non-GAAP data and weighting constituents by the square root of\ncompany market capitalization. The Jensen U.S. Quality Index is owned and\nadministered by VettaFi. VettaFi® is a registered mark of VettaFi LLC and has\nbeen licensed for use by Jensen. Indices are unmanaged and one cannot invest\ndirectly in an index.\n\nJensen U.S. Quality Index Exchanged Traded Fund is distributed by Foreside\nFund Services LLC.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260930267587/en/\n(https://www.businesswire.com/news/home/20260930267587/en/)\n\nRichard Clark \n\nrclark@jenseninvestment.com (mailto:rclark@jenseninvestment.com)\n\nMedia inquiries \n\npr@jenseninvestment.com (mailto:pr@jenseninvestment.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBwbdmmdha-20260930","title":"Jensen Investment Management Expands ETF Lineup with First Passive Fund Built on Proprietary Benchmark Focused on Sustained Company Profitability","author":"Business Wire","ticker":"JGRW","created":"2026-09-30T16:00:00.334Z","tickers":["JGRW","JQTY"],"exchange":"NYSE","article_body":"Jensen Investment Management Expands ETF Lineup with First Passive Fund Built\non Proprietary Benchmark Focused on Sustained Company Profitability\n\nFund Facts\n\n\n * Ticker: JQTY\n\n * Tracks: Jensen U.S. Quality Index, independently calculated and administered\nby VettaFi\n\n * Screen: Minimum 15% return on equity, sustained for 10 consecutive fiscal\nyears\n\n * Qualifying universe: Fewer than 315 U.S. companies at launch\n\n * Holdings: Top 100 qualifiers by free float market capitalization, modified-cap\nweighting\n\n * Reconstituted and rebalanced semiannually\n\n * Expense ratio: 0.25%\n\nJensen Investment Management (\"Jensen\"), a 100% independently-owned investment\nmanagement firm, today announced the launch of its first passive\nexchange-traded fund, the Jensen U.S. Quality Index ETF (NYSE: JQTY). The Fund\nwill track the Jensen U.S. Quality Index (JQUI).\n\nJQTY draws on the longstanding research discipline that underpins the firm's\nQuality Growth strategies. To meet Jensen's highly selective definition of\nquality, companies must generate a return on equity (ROE) of at least 15% in\neach of the previous ten fiscal years. Out of thousands of publicly traded\nU.S. companies, fewer than 315 currently satisfy this standard, creating a\nnarrow universe of businesses that have demonstrated consistent profitability\nthrough multiple market and economic environments.\n\nFrom this universe, the Index selects the 100 largest qualifying U.S.\ncompanies based on free float market capitalization. Constituents are weighted\nusing a modified market capitalization methodology designed to moderate\nconcentration in the largest holdings while preserving meaningful exposure to\nmarket leaders. The approach is also intended to reduce overlap with other\nfunds or strategies an investor may already hold. The Index is independently\ncalculated and administered by VettaFi and is reconstituted and rebalanced\nsemiannually.\n\n\"A single strong year doesn't tell you whether a business is built to last,\"\nsaid Allen Bond, Managing Director, Head of Research & Portfolio Manager\nat Jensen Investment Management. \"Since our founding in 1988, we've identified\ncompanies that we believe can compound shareholder value across economic\ncycles, and once a company earns its place in our quality universe, it rarely\nleaves. That kind of durability is rare, and it's difficult to see in a single\nsnapshot of a company's financials. JQTY is built on it.\"\n\n\"Investors have long known Jensen for a consistent, disciplined definition of\nquality, and JQTY extends that discipline to a new set of investors,\" said\nRichard Clark, Managing Director at Jensen Investment Management. \"Those who\nprefer a rules-based approach now have a transparent, tax-efficient way to own\nthe largest companies that meet our standard, alongside our actively managed\nQuality Growth strategy.\"\n\nJQTY joins the Jensen Quality Growth ETF (NYSE: JGRW), the firm's actively\nmanaged ETF, which launched in August 2024. Both Funds draw from the Jensen\nQuality Universe.\n\nAbout Jensen Investment Management\n\nFounded in 1988, Jensen Investment Management is an independently-owned\ninvestment management firm headquartered in Lake Oswego, Oregon. For more than\n35 years, the firm has applied a disciplined investment philosophy centered on\nidentifying businesses we believe to be capable of generating consistently\nhigh returns on shareholder equity over extended periods. For more\ninformation, visit www.jenseninvestment.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.jenseninvestment.com&esheet=54613248&newsitemid=20260930267587&lan=en-US&anchor=www.jenseninvestment.com&index=1&md5=8badf44c1245b03f6a709c3d620808e4)\n.\n\nDisclosures\n\nJensen Investment Management, Inc. is an investment adviser registered under\nthe Investment Advisers Act of 1940. Registration with the SEC does not imply\nany level of skill or training.\n\nPlease refer to the prospectus carefully for important information about the\ninvestment objectives, risks, charges and expenses. To obtain a prospectus\ncontaining this and other important information, please visit\nwww.jenseninvestment.com/jqty-prospectus\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.jenseninvestment.com%2Fjqty-prospectus&esheet=54613248&newsitemid=20260930267587&lan=en-US&anchor=www.jenseninvestment.com%2Fjqty-prospectus&index=2&md5=654151c2610d804e81ef3ec849d08765)\nto view or download the prospectus online. Read the prospectus carefully\nbefore you invest.\n\nFund holdings and sector allocations are subject to change.\n\nThere are risks involved with investing including the possible loss of\nprincipal. The Fund is non-diversified and is permitted to invest a greater\nportion of its assets in the securities of a smaller number of issuers than\nwould be permissible if it were a “diversified” fund and therefore, it may\nbe more sensitive to market changes than a diversified fund. The Fund’s\ninvestment strategy requires that a company selected for investment by the\nFund must have attained, among other criteria, a return on equity of at least\n15 percent per year for each of the prior ten fiscal years as determined by\nthe Adviser. Because of the relatively limited number of companies that have\nachieved this strong level of consistent, long-term business performance, the\nFund at times is prohibited from investing in certain companies and sectors\nthat may be experiencing a shorter-term period of robust earnings growth. The\nprices of growth stocks may be more sensitive to changes in current or\nexpected earnings than the prices of other stocks and may be out of favor with\ninvestors at different periods of time.\n\nFor an Exchange Traded Fund (“ETF”), the market price return is calculated\nfrom the closing price as determined by the Fund’s listing exchange. If you\ntrade your shares at another time, your return may differ. For the period from\ninception date to listing date, the NAV of the Fund is used as a proxy for the\nmarket price to calculate returns. ETFs trade like stocks, fluctuate in market\nvalue and may trade either at a premium or discount to their net asset value.\nETF shares trade at market price and are not individually redeemable with the\nissuing fund, other than in large share amounts called creation units. ETFs\nare subject to risk similar to those of stocks, including those regarding\nshort-selling and margin account maintenance. Brokerage commissions and\nexpenses will reduce returns.\n\nMarket Capitalization: The total value of the issued shares of a publicly\ntraded company; it is equal to the share price times the number of shares\noutstanding.\n\nJensen U.S. Quality Index: Measures the performance of the 100 largest U.S.\ncompanies that demonstrate consistently high ROE over the past 10 years,\nincorporating non-GAAP data and weighting constituents by the square root of\ncompany market capitalization. The Jensen U.S. Quality Index is owned and\nadministered by VettaFi. VettaFi® is a registered mark of VettaFi LLC and has\nbeen licensed for use by Jensen. Indices are unmanaged and one cannot invest\ndirectly in an index.\n\nJensen U.S. Quality Index Exchanged Traded Fund is distributed by Foreside\nFund Services LLC.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260930267587/en/\n(https://www.businesswire.com/news/home/20260930267587/en/)\n\nRichard Clark \n\nrclark@jenseninvestment.com (mailto:rclark@jenseninvestment.com)\n\nMedia inquiries \n\npr@jenseninvestment.com (mailto:pr@jenseninvestment.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-30T16:00:00.377801399Z","server_sent_at_ms":1790784000377},"received_at":"2026-09-30T16:00:00.430Z","source_url":"https://www.businesswire.com/news/home/20260930267587/en/"},"analysis":{"id":"145773","press_release_id":"157098","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":["new fund is non-diversified and highly concentrated in the quality factor"],"eventType":"product_launch","narrative":"Jensen Investment Management launched its first passive ETF, the Jensen U.S. Quality Index ETF (NYSE: JQTY), tracking the VettaFi-administered Jensen U.S. Quality Index.\n\nThe index screens for companies with at least 15% return on equity for 10 consecutive fiscal years, leaving fewer than 315 qualifiers, and holds the top 100 by free float market cap with a modified-cap weighting, rebalanced semiannually at a 0.25% expense ratio.\n\nJQTY sits alongside the actively managed Jensen Quality Growth ETF (JGRW), launched August 2024, and both draw from the same Jensen Quality Universe.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Jensen extends its 10-year 15% ROE quality screen into passive ETFs with JQTY."},"keyFigures":{"customDimensions":{"expense_ratio":"0.25%","holdings_count":100,"min_roe_screen":"15% ROE sustained for 10 consecutive fiscal years","qualifying_universe":"fewer than 315 U.S. companies","rebalance_frequency":"semiannual"}},"quotedText":"A single strong year doesn't tell you whether a business is built to last","namedEntities":{"people":[{"name":"Allen Bond","role":"Managing Director, Head of Research & Portfolio Manager"},{"name":"Richard Clark","role":"Managing Director"}],"products":["Jensen U.S. Quality Index ETF (JQTY)","Jensen Quality Growth ETF (JGRW)","Jensen U.S. Quality Index (JQUI)"],"companies":[{"name":"Jensen Investment Management","ticker":"JGRW","relationship":"filer's adviser"},{"name":"VettaFi","relationship":"index administrator"},{"name":"Foreside Fund Services LLC","relationship":"distributor"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Launch of a new passive ETF (JQTY) expands Jensen's fund lineup alongside the filer's JGRW, but it is a routine product launch with no stated financial figures for the firm. Incremental, not market-moving."},"tickerRelevance":{"others":[{"ticker":"JQTY","relevance":"newly launched sister fund from the same adviser"}],"primary":"JGRW"},"globalImportance":12,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap ETF product","eventGravity":"fund product launch","issuerAuthored":true,"financialFigureDisclosed":false}},"event_type":"product_launch","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Jensen Investment Management launched its first passive ETF, the Jensen U.S. Quality Index ETF (NYSE: JQTY), tracking the VettaFi-administered Jensen U.S. Quality Index.\n\nThe index screens for companies with at least 15% return on equity for 10 consecutive fiscal years, leaving fewer than 315 qualifiers, and holds the top 100 by free float market cap with a modified-cap weighting, rebalanced semiannually at a 0.25% expense ratio.\n\nJQTY sits alongside the actively managed Jensen Quality Growth ETF (JGRW), launched August 2024, and both draw from the same Jensen Quality Universe.","key_figures":{"customDimensions":{"expense_ratio":"0.25%","holdings_count":100,"min_roe_screen":"15% ROE sustained for 10 consecutive fiscal years","qualifying_universe":"fewer than 315 U.S. companies","rebalance_frequency":"semiannual"}},"named_entities":{"people":[{"name":"Allen Bond","role":"Managing Director, Head of Research & Portfolio Manager"},{"name":"Richard Clark","role":"Managing Director"}],"products":["Jensen U.S. Quality Index ETF (JQTY)","Jensen Quality Growth ETF (JGRW)","Jensen U.S. Quality Index (JQUI)"],"companies":[{"name":"Jensen Investment Management","ticker":"JGRW","relationship":"filer's adviser"},{"name":"VettaFi","relationship":"index administrator"},{"name":"Foreside Fund Services LLC","relationship":"distributor"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-30T16:00:06.499Z","global_importance":12,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap ETF product","eventGravity":"fund product launch","issuerAuthored":true,"financialFigureDisclosed":false}},"durationMs":6065,"modelName":"glm-5.3-flashx"}}