J.P. Morgan Asset Management Expands Strategic Beta ETF Suite: JPME
--strategy offers risk-managed exposure to U.S. mid-caps--
NEW YORK, May 12, 2016 /PRNewswire/ -- J.P. Morgan Asset Management announced that its newest ETF, the JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME), will begin trading today. JPME is a natural addition to J.P. Morgan's successful strategic beta suite, which now includes eight product offerings.
Like all of the J.P. Morgan Diversified Return Equity ETFs, JPME is built to address the flaws of traditional indexing through a risk-managed, multi-factor process to help clients stay invested across market cycles by attempting to capture most of the upside with the goal of providing less volatility in down markets.
J.P. Morgan's ETF suite utilizes a unique two-step process that equally risk weights across sectors and applies a multi-factor screen using Value, Quality and Momentum. Similar to all of J.P. Morgan's strategic beta equity ETFs, it leverages the firm's active fund platform to bring you time-tested research, insights and portfolio management expertise.
The ETF tracks the Russell Midcap 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.
"Investors remain wary of rising equity valuations, declining return expectations and slowing economic growth," said Robert Deutsch, Global Head of ETFs for J.P. Morgan Asset Management. "JPME helps to diversify risk more evenly across the portfolio, in an effort to reduce exposure to volatile sectors and securities. We've seen assets continue to rise in U.S. mid-cap ETFs over the past few years and we're thrilled to offer the opportunity to invest in mid-caps utilizing our innovative approach."
"We are thrilled once again to work with our valued partner J.P. Morgan to expand their suite of strategic beta ETFs to help their clients," said Ron Bundy, CEO of North America benchmarks for global index provider FTSE Russell. "FTSE Russell continues to lead in the important and growing US equity smart beta index space."
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 March 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 $2.4 trillion (as of March 31, 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 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. Investments in smaller companies typically exhibit higher volatility.
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 (One Freedom Valley Dr., Oaks, PA 19456), 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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