J.P. Morgan Asset Management Expands ETF Suite with European Equity ETF: JPEU
--strategy provides European equity exposure with potential for better risk-adjusted returns--
NEW YORK, Dec. 21, 2015 /PRNewswire/ -- J.P. Morgan Asset Management announced that its newest ETF, the JPMorgan Diversified Return Europe Equity ETF (JPEU), will officially begin trading today. Further expanding J.P. Morgan's strategic beta suite, JPEU is the fifth product offered since the launch in June 2014.
JPEU is designed to serve as the foundation of a developed Europe equity portfolio, combining portfolio construction with stock selection in an effort to produce higher returns with lower volatility than traditional market cap-weighted indices. Similar to its predecessors, the ETF seeks to diversify risk across sectors and build a portfolio that excludes expensive, low quality companies with weak momentum characteristics.
The ETF tracks the FTSE Developed Europe Diversified Factor Index, which is rebalanced on a quarterly basis and was thoughtfully constructed based on J.P. Morgan's active insights and risk management expertise. The fund is managed by an experienced J.P. Morgan team, with James Ford and Richard Morillot as co-managers. J.P. Morgan has been investing in European markets since 1964 and manages $37B in European equities.
"The European recovery provides a growth opportunity for long-term investors," said Robert Deutsch, Global Head of ETFs for J.P. Morgan Asset Management. "JPEU is constructed to allow investors to participate in the upside while also providing less volatility in down markets. We are pleased to combine the investment expertise of J.P. Morgan with the index design capabilities of FTSE Russell, to create a product that will be attractive to investors looking for exposure to European markets, but are concerned with volatility."
"We are excited to partner with J.P. Morgan ETFs and together meet the growing demand among investors for a broader set of international options, by offering the FTSE Developed Europe Diversified Factor Index," said Ron Bundy, CEO of North America benchmarks for FTSE Russell. "We continue to apply FTSE Russell's expertise in global strategic beta indices to expand on this very important long-term relationship."
J.P. Morgan Asset Management's ETF suite includes five strategic beta funds that seek to improve risk-adjusted returns:
- JPGE - Diversified Return Global Equity
- JPIN - Diversified Return International Equity
- JPEM - Diversified Return Emerging Markets Equity
- JPUS - Diversified Return US Equity
- JPEU - Diversified Return Europe Equity
About J.P. Morgan Funds
J.P. Morgan Funds is the mutual fund arm of J.P. Morgan Asset Management. It is the 7th largest long-term manager in the U.S., with over $263 billion in long-term assets under management across a broad range of investment strategies in fixed income, equity, multi-asset, alternatives and absolute return.
J.P. Morgan Asset Management, with assets under management of $1.7 trillion (as of June 30, 2015), 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 $2.4 trillion (as of June 30, 2015) 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 prospectus contains 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)
Investing involves risk, including possible loss of principal. Shares are bought and sold market price, and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates and differences in accounting and taxation policies outside the U.S. can raise or lower returns. Also, some overseas markets may not be as politically and economically stable as the United States and other nations.
There is no guarantee the funds will meet their investment objective.
Diversification may not protect against market loss.
J.P. Morgan Exchange-Traded Funds are distributed by SEI Investments Distribution Co, which is not affiliated with JPMorgan Chase & Co. or any of its affiliates.
J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. Those businesses include, but are not limited to, JPMorgan Chase Bank N.A., J.P. Morgan Investment Management Inc., Security Capital Research & Management Incorporated, J.P. Morgan Alternative Asset Management, Inc., and J.P. Morgan Asset Management (Canada), Inc.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
SOURCE J.P. Morgan Asset Management
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