J.P. Morgan Asset Management Launches Unconstrained Fixed Income Active ETF: JPGB
-- provides investors access to J.P. Morgan's global fixed income "best ideas" in an ETF --
NEW YORK, April 7, 2017 /PRNewswire/ -- J.P. Morgan Asset Management today announced the launch of the JPMorgan Global Bond Opportunities ETF (JPGB), an actively managed ETF built off the success of the JPMorgan Global Bond Opportunities Fund.
The strategy takes a benchmark agnostic approach and seeks to take advantage of opportunities across market sectors, credit quality, countries and currencies, extending beyond traditional fixed income investments. It captures J.P. Morgan's highest conviction ideas in a flexible strategy that identifies opportunities in response to evolving market conditions.
The fund is managed by a highly experienced investment team, led by Global CIO and portfolio manager Bob Michele, who has been managing global fixed income for over 35 years. J.P. Morgan's $470 billion fixed income platform leverages the expertise of 200+ sector specialists, who can provide a real-time view on opportunities around the world, generating research based on fundamental, quantitative, & technical analysis.
"J.P. Morgan is uniquely positioned to offer an ETF that provides access to some of the most sophisticated fixed income investment capabilities available to investors," said Bob Deutsch, U.S. Head of ETFs for J.P. Morgan Asset Management. "Our network of global experts and research analysts can scour the globe for opportunities in any market cycle, and their extensive experience with this type of investing is unrivaled."
"Investors look to J.P. Morgan for our best ideas, beyond traditional investing, as they continue to search for additional yield in tough markets," said Andrea Lisher, Head of North America, Global Funds for J.P. Morgan Asset Management. "Delivering this through both mutual funds and ETFs demonstrates our commitment to meeting our clients' needs and helping them build stronger portfolios."
J.P. Morgan Asset Management's ETF suite features eleven product offerings with over $1 billion in assets under management. J.P. Morgan achieved a top ten position in flows across smart beta ETFs in 2016, ranking 8th out of 47 ETF managers1. J.P. Morgan was also named one of the "Most Trusted" ETF providers according to Cogent Reports' 2016 Advisor Brandscape report2 and was awarded "Most innovative equity ETF – performance" award by Fund Action for its JPMorgan Diversified Return Global Equity (JPGE) product3.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, the marketing name for J.P. Morgan Investment Management, with assets under management of $1.8 trillion (as of December 31, 2016), is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high-net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading global financial services firm with assets of approximately $2.5 trillion (as of September 30, 2016) and operations in more than 60 countries. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Investors should carefully consider the investment objectives and risks as well as charges and expenses of the fund before investing. The summary and full prospectuses contain this and other information about the fund. Read the prospectus carefully before investing. Call 1-844-4JPM-ETF or visit jpmorganetfs.com to obtain a prospectus.
1 Bloomberg as of 12/31/16 |
2 Cogent Wealth Reports, Advisor Brandscape® published June 2016, sample size 1,500+. Detailed annual report covering the advisor market place. Holistic view of the landscape including practice models, product usage, brand perceptions and user experience across all of the top providers in the MF, VA and ETF categories. Advisor research allows subscribing firms to get a full picture of the advisor marketplace via a mix of continuous online data portals and traditional printed reports. Insights are based on online surveys among representative cross sections of registered financial advisors with at least $5 million in assets under management across all channels. |
3 Fund Action ETF US Performance Awards 2016: The ETF awards are judged based on performance and/or asset flows over a 12 month period ending in September 2015. Data from earlier periods can be used to provide context, but will not be central to the judging decision. As well as performance data, judges will also consider the management firm's and fund's reputation in the market place – will give credit to managers who have shown innovation in new products and fee offerings, etc. The awards will only be given to those firms who can demonstrate solid performance, positive asset flows and real credibility among advisors and investors. There is no minimum asset size required for any category. |
JPGE inception date is 6/16/14. As of 12/31/16, JPGE returns at NAV were 5.79% 1-year and 2.49% since inception. JPGE market price returns were 5.80% 1-year and 2.61% since inception. FTSE Developed Diversified Factor Index returns were 5.92% 1-year and 2.83% since JPGE inception. FTSE Developed Index returns were 7.55% 1-year and 2.40% since JPGE inception.
The performance quoted is past performance and is not a guarantee of future results. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Current performance may be higher or lower than the performance data shown. For performance current to the most recent month-end please call 1-844-4JPM-ETF.
Investing involves risk, including possible loss of principal.
J.P. Morgan Exchange-Traded Funds are distributed by SEI Investments Distribution Co, One Freedom Valley Dr., Oaks, PA 19456 , which is not affiliated with JPMorgan Chase & Co. or any of its affiliates.
SOURCE J.P. Morgan Asset Management
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