NEW
YORK, Sept. 26, 2024 /PRNewswire/ -- J.P. Morgan
Asset Management today announced the launch of its latest active
exchange-traded fund (ETF), the JPMorgan Dividend Leaders ETF
(JDIV) on the NYSE Arca. This innovative fund leverages a dividend
strategy, offering a differentiated solution that is now broadly
accessible to clients.
The JPMorgan Dividend Leaders ETF (JDIV) seeks to provide
long-term capital growth and current income by investing in equity
securities of companies listed in both global developed and
emerging markets. The fund will invest at least 80% of its assets
in dividend-paying equity securities and equity-related instruments
of companies that the adviser believes are leaders in their ability
to grow and/or maintain high dividend payouts over time, relative
to the companies included in the MSCI ACWI Index.
The fund is managed by a team of experienced portfolio managers,
including Sam Witherow, Helge
Skibeli, and Michael Rossi.
Sam Witherow, Managing Director, has
been with J.P. Morgan since 2008 and focuses on income portfolios.
Helge Skibeli, Managing Director, has been with the firm since 1990
and previously served as the Global Head of Developed Market Equity
Research. Michael Rossi, Vice
President, who joined the firm in 2019 and also brings an expertise
on income portfolios.
The JPMorgan Dividend Leaders ETF (JDIV) is designed to be
managed consistently with other investment vehicles and accounts,
and leverages the strategy behind the long-tenured J.P. Morgan
Global Dividends Fund (SICAV).
J.P. Morgan Asset Management ranks second in active ETF AUM and
eighth overall.1
The fund is benchmarked against the MSCI ACWI Index and is
priced at 47 basis points.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of
$3.3 trillion, as of June 30, 2024, 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. For
more information: www.jpmorganassetmanagement.com. J.P. Morgan
Asset Management is the marketing name for the asset management
businesses of JPMorgan Chase & Co., and its affiliates
worldwide.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial
services firm based in the United States
of America ("U.S."), with operations worldwide. JPMorgan
Chase had $4.1 trillion in assets and
$341 billion in stockholders' equity
as of June 30, 2024. The Firm is a
leader in investment banking, financial services for consumers and
small businesses, commercial banking, financial transaction
processing and asset management. Under the J.P. Morgan and Chase
brands, the Firm serves millions of customers in the U.S., and many
of the world's most prominent corporate, institutional and
government clients globally. Information about JPMorgan Chase &
Co. is available at www.jpmorganchase.com.
Important Information
This is a general communication being provided for informational
purposes only. It is educational in nature and not designed
to be a recommendation for any specific investment product,
strategy, plan feature or other purpose. Any examples used are
generic, hypothetical and for illustration purposes only. Prior to
making any investment or financial decisions, an investor should
seek individualized advice from personal financial, legal, tax and
other professionals that take into account all of the particular
facts and circumstances of an investor's own situation.
1 Data according to Bloomberg as of September 26, 2024.
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SOURCE J.P. Morgan Asset Management
