J.P. Morgan Asset Management Launches New ETF: JPMorgan Diversified Return International Equity ETF (JPIN)

--core strategy that seeks to improve upon traditional cap-weighted indices by maximizing risk-adjusted returns--

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Nov 07, 2014, 11:45 ET

NEW YORK, Nov. 7, 2014 /PRNewswire/ -- J.P. Morgan Asset Management announced that the JPMorgan Diversified Return International Equity ETF (JPIN) officially launched for trading today, expanding J.P. Morgan's strategic beta ETF suite. JPIN, like its predecessor JPGE, is designed to provide investors the opportunity to seek enhanced risk-adjusted returns through an ETF, and to help financial advisors keep clients invested in equities over the long term.

JPIN seeks to provide core international equity exposure with lower volatility by addressing issues inherent in market-cap weighted and single-factor indices, specifically excessive risk concentrations and a systematic bias toward overvalued securities. The ETF tracks a custom index, the FTSE Developed ex-North America Diversified Factor Index, which employs a unique risk framework and multi-factor stock filter. The index methodology includes monthly rebalancing, liquidity screens, and turnover constraints.

"We believe that J.P. Morgan has unique investment insights and international capabilities that will be attractive to ETF investors, and this product is an important additional step in delivering those capabilities," said Robert Deutsch, head of the ETF business for J.P. Morgan Asset Management. "J.P. Morgan has grown to one of the largest global mutual fund managers and our ETF offering will be a natural extension of our product line-up."

"FTSE is pleased to announce the launch of the FTSE Developed ex-North America Diversified Factor Index, developed in partnership with J.P. Morgan Asset Management and is the second index in a series of FTSE Diversified Factor indices. Designed to offer improved risk-adjusted returns relative to the underlying market-cap weighted index, this novel multi-factor approach provides each eligible constituent with a composite factor score on which the selection of index constituents is based. Selected constituent weights are determined by the available liquidity and the contribution to each regional industry is obtained by the regional industry risk weights," said Jonathan Horton, President of FTSE North America.

About J.P. Morgan Funds

J.P. Morgan Funds is the mutual fund arm of J.P. Morgan Asset Management. It is the 8^th largest long-term manager in the U.S., with over $231 billion in long-term assets under management across a broad range of investment strategies in fixed income, equity, multi-asset, alternatives and absolute return. The fund complex is #1 in long-term flows in the U.S., with 11.1 billion in flows YTD (Strategic Insights, as of September 30, 2014).

J.P. Morgan Asset Management, with assets under management of $1.6 trillion (as of September 30, 2014), 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 September 30, 2014) 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 mutual 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