J.P. Morgan Asset Management Launches Two New ETFS: JPIH and JPEH
-- expands innovative strategic beta suite with two currency-hedged equity ETFs --
NEW YORK, April 4, 2016 /PRNewswire/ -- J.P. Morgan Asset Management today announced the expansion of its strategic beta suite with the launch of two new funds, JPMorgan Diversified Return Europe Currency Hedged Equity ETF (JPEH) and JPMorgan Diversified Return International Currency Hedged Equity (JPIH).
Similar to JPMorgan Diversified Return Europe Equity ETF (JPEU) and Diversified Return International Equity ETF (JPIN), JPEH and JPIH offer a risk-managed approach to investing that can allow investors to capture most of the upside with a goal of providing less volatility in down markets. The ETFs diversify risk across sectors, while hedging FX exposure back to USD, providing investors with exposure to international equity markets with less risk.
As hedged versions of existing ETFs, JPEH and JPIH provide investors with the potential for higher returns with lower volatility than market cap-weighted indices.
JPEH tracks the FTSE Developed Europe Diversified Factor 100% Hedged to USD Index and JPIH tracks the FTSE Developed ex-North America Diversified Factor 100% Hedged to USD Index which were thoughtfully constructed based on J.P. Morgan's active insights and risk management expertise.
"As volatility and currency risk continue to worry investors, clients are increasingly turning to our strategic beta products for a new approach to address the drawbacks of market cap-weighted indices." said Robert Deutsch, Global Head of ETFs for J.P. Morgan Asset Management. "We are thrilled to expand our investment capabilities with currency-hedged ETFs, complementing our existing strategies and offering clients more choices."
"We are excited to be able to draw on our significant global index capability to design innovative new indexes to serve as the basis for ETFs provided by our global partners like J.P. Morgan," said Ron Bundy, CEO of North America benchmarks for FTSE Russell.
Since introducing its first ETF over 18 months ago, the firm has received numerous accolades for its growing ETF business, including, most recently, J.P. Morgan's Diversified Return Global Equity ETF (JPGE) Fund Action Award for "Most innovative equity ETF – performance".
J.P. Morgan Asset Management's ETF suite includes seven strategic beta funds.
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 December 31, 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 December 31, 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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