J.P. Morgan Asset Management Launches JPMorgan USD Emerging Markets Sovereign Bond ETF: JPMB

NEW YORK, Jan. 30, 2018 /PRNewswire/ -- J.P. Morgan Asset Management (JPMAM) announced today the launch of the JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB), which tracks the JPMorgan Emerging Markets Risk-Aware Bond Index, created by JPMAM's Quantitative Beta Strategies team and derived from J.P. Morgan's Corporate & Investment Bank flagship JPMorgan EMBI Global Diversified Index.

JPMB aims to provide exposure to USD denominated sovereign debt across emerging markets. The index utilizes a rules-based, three-step process that filters for liquidity, country risk and allocates risk based on credit rating. It invests 80% of its assets in securities included in the underlying index and will rebalance its portfolio on a monthly basis within each country and semi-annually across countries in accordance with the rebalancing of the underlying index . By using an alternative weighting approach, the index seeks to provide better risk-adjusted returns vs. market cap weighted indexes and potentially generate a competitive yield and lower levels of duration for clients.

JPMB is managed by an experienced team led by Quantitative Beta Strategies co-portfolio managers, Eric Isenberg and Niels Schuehle. A leader in factor-based investing, J.P. Morgan has been managing quantitative beta strategies since 2009. Additionally, JPMB leverages J.P. Morgan's $470 billion global fixed income platform, which is comprised of over 200+ sector specialists.

"Fixed income ETFs continue to revolutionize investing by providing access to an often challenging asset class in a liquid, transparent and cost-effective vehicle," said Joanna Gallegos, U.S. Head of ETFs for J.P. Morgan Asset Management. "With JPMB, clients can gain exposure to emerging market debt, which is a growing component of global bond markets, and it can serve as a diversifier to a core bond portfolio."

J.P. Morgan Asset Management's ETF suite now features twenty two product offerings with over $3 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 "Best New Alternatives ETF" and "Best New Active ETF" by ETF.com for its JPMorgan Diversified Alternatives ETF (JPHF) product³.

About J.P. Morgan Asset Management

J.P. Morgan Asset Management, with assets under management of $1.7 trillion (as of 12/31/2017), 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 12/31/2017) 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 an ETF before investing. The summary and full prospectuses contain this and other information about the ETF and should be read carefully before investing. To obtain a prospectus: Call 1-844-4JPM-ETF. 

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.

³ETF.com Award winners are selected in a three-part process designed to leverage the insights and opinions of leaders throughout the ETF industry. The awards process began with an open nomination period running from Dec. 5, 2016, through Jan. 4, 2017. ETF.com received hundreds of nominations from participants in all corners of the ETF space. Following the open nominations process, the ETF.com Awards Nominating Committee—made up of senior leaders at ETF.com, Inside ETFs and FactSet—voted to select up to five finalists in each category. Votes were tallied on a majority basis. Winners from these finalists were selected by a majority vote of the ETF.com Awards Selection Committee, a group of independent ETF experts. Committee members recused themselves from voting in any category in which they or their firms appeared as finalists. Ties were decided where possible with head-to-head runoff votes. Voting was completed by Jan. 20, 2017, but results were kept secret until their announcement at the ETF.com U.S. Awards Dinner on March 30, 2017.

J.P. Morgan Asset Management and JPMDS are not affiliated with ETF.com.

The Fund invests in foreign securities, which are subject to special currency, political and economic risks. The Fund may also invest in futures contracts and other derivatives. This may make the Fund more volatile. The Fund may engage in short selling, which will not eliminate the its exposure to domestic stock market movements, capitalization, sector-swings or other risk factors. A long/short portfolio may have higher portfolio turnover rates, which may trigger tax consequences. Short selling also bears costs associated with covering short positions and a possibility of unlimited loss on certain positions. Commodity investing is subject to greater volatility than investments in traditional securities, particularly if leveraged. Their value may be affected by overall market movements, index volatility, interest rate changes, or factors affecting a particular industry or commodity. Use of leveraged derivatives may increase return but also increase the possibility for greater loss. Securities rated below investment grade are considered "high-yield," "non-investment grade," "below investment-grade," or "junk bonds." They generally are rated in the fifth or lower rating categories of Standard & Poor's and Moody's Investors Service. Although they can provide higher yields than higher rated securities, they can carry greater risk.

J.P. Morgan ETFs are distributed by JPMorgan Distribution Services, Inc., which is an affiliate of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive fees for providing various services to the funds. JPMorgan Distribution Services, Inc. is a member of FINRA/SIPC.

J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

SOURCE J.P. Morgan Asset Management

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