NEW YORK, Dec. 14, 2018 /PRNewswire/ -- J.P. Morgan Asset
Management today announced the launch of two new actively managed
fixed-income ETFs, the JPMorgan U.S. Aggregate Bond ETF (JAGG) and
the JPMorgan Corporate Bond Research Enhanced ETF (JIGB), both of
which aim to help investors improve returns and better manage risks
within their fixed income portfolios.
JAGG seeks to provide long term total return by employing a
multi-factor screening process providing exposure to corporate debt
issuers with attractive value, quality and momentum
characteristics. Outside of corporate debt, the ETF will seek to
align sector and duration exposures to the Bloomberg Barclays U.S.
Aggregate Bond Index. JAGG has a total expense ratio of 7 bps
(0.07%) after fee waivers and expenses.
JIGB is designed to generate total return on an investment grade
portfolio while utilizing inputs from J.P Morgan's disciplined
investment grade credit process to identity the most attractive
risk-adjusted sectors and securities. The fund seeks to maintain
the overall the risk profile of the Bloomberg Barclays U.S.
Corporate Bond Index over time. JIGB has a total expense ratio of
14 bps (0.14%) after fee waivers and expenses.
Both funds harness the breadth of J.P. Morgan's intellectual
capital and vast investment resources. JAGG is managed by the
Quantitative Beta Strategies Fixed Income team, led by Eric Isenberg and Niels
Schuehle. JIGB is managed by the Investment Grade Credit
Portfolio Management team, led by Lisa
Coleman.
"Historically, fixed-income ETF investors have had limited
options beyond traditional indexing," said Joanna Gallegos, U.S. head of ETFs at J.P.
Morgan Asset Management. "With the launch of these two ETFs,
investors now have more choice and the tools necessary to navigate
the complexities of today's bond markets, while building stronger
portfolios."
With these launches, J.P. Morgan Asset Management's ETF suite
now features 31 product offerings with over $15 billion in assets under management. J.P.
Morgan was awarded "The industry's fastest-growing ETF
manager1" "Best New Alternatives ETF" for its JPMorgan
Managed Futures Strategy ETF (JPMF) product and earned "Best New
International/Global Fixed-Income ETF" for its JPMorgan Global Bond
opportunities (JPGB) product at the fifth annual ETF.com Awards
held in March 2018.2
About J.P. Morgan Asset Management
J.P. Morgan Asset
Management, with assets under management of $1.8 trillion (as of September 30, 2018), 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 asset
management firm with assets of approximately $2.6 trillion (as of September 30, 2018) and operations worldwide.
Information about JPMorgan Chase & Co. is available at
www.jpmorganchase.com.
J.P. Morgan Asset Management is the marketing name for the asset
management businesses of JPMorgan Chase & Co. and its
affiliates worldwide.
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 Ignites.com as of 11/28/18
2ETF.com Award winners are selected by a majority
vote of the ETF.com Awards Selection Committee, a group of
independent ETF experts. Voting was completed by Jan. 20, 2018, and results were announced at the
ETF.com U.S. Awards Dinner on March 22,
2018.
J.P. Morgan Asset Management and JPMDS are not affiliated with
ETF.com.
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
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SOURCE J.P. Morgan Asset Management