J.P. Morgan Asset Management ETFs Now Offered on E*TRADE's Commission-Free ETF Platform
-- Program expands investor access to ETFs without paying brokerage commissions --
NEW YORK, Feb. 24, 2017 /PRNewswire/ -- J.P. Morgan Asset Management today announced that eight of its strategic beta ETFs are now available on E*TRADE's Commission-Free ETF platform.
"Investors are increasingly looking to strategic beta products as a complement to traditional market cap-weighted indices," said Bob Deutsch, U.S. Head of ETFs for J.P. Morgan Asset Management. "We are thrilled E*TRADE has elected to include eight of our funds on its Commission-Free ETF platform and our participation reinforces our commitment to offering innovative solutions to meet client and investor needs."
The eight J.P. Morgan Asset Management ETFs now available include:
- JPEM JPMorgan Diversified Return Emerging Markets Equity ETF
- JPGE JPMorgan Diversified Return Global Equity ETF
- JPIN JPMorgan Diversified Return International Equity ETF
- JPIH JPMorgan Diversified Return International Currency Hedged ETF
- JPUS JPMorgan Diversified Return U.S. Equity ETF
- JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF
- JPEU JPMorgan Diversified Return Europe Equity ETF
- JPEH JPMorgan Diversified Return Europe Currency Hedged ETF
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 E*TRADE ETFs
You can buy and sell the exchange-traded funds (ETFs) available through the E*TRADE Securities commission-free ETF program without paying brokerage commissions. For margin customers, ETFs purchased through the program are not margin eligible for 30 days from the purchase date. To discourage short-term trading, E*TRADE Securities may charge a short-term trading fee on sales of participating ETFs held for less than 30 days.
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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