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JPM JP Morgan Chase and Co

195.65
3.90 (2.03%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
JP Morgan Chase and Co NYSE:JPM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  3.90 2.03% 195.65 196.65 191.00 191.51 9,227,563 01:00:00

J.P. Morgan Asset Management Launches Two Active Transparent Equity ETFs: JEPI and JIG

21/05/2020 2:30pm

PR Newswire (US)


JP Morgan Chase (NYSE:JPM)
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NEW YORK, May 21, 2020 /PRNewswire/ -- J.P. Morgan Asset Management today announced the launch of two actively-managed transparent equity ETFs, the JPMorgan Equity Premium Income ETF (JEPI) and the JPMorgan International Growth ETF (JIG). Delivered through the transparent ETF structure, both active equity ETF funds will employ the expertise of J.P. Morgan's Global Equities platform, seeking to improve returns and better manage risk within portfolios as investors navigate today's investment environment.

JPMorgan Equity Premium Income ETF (JEPI) targets a significant portion of S&P 500 returns with less volatility, seeking annualized income distributed monthly. The fund leverages an experienced equity management team comprising more than 50 years of combined experience and headed by 32-year industry veteran Hamilton Reiner as the lead portfolio manager, based in New York.

"Regardless of the market environment, investors demand an active strategy that captures income without taking on undue risk," said Hamilton Reiner, Portfolio Manager and Head of U.S. Equity Derivatives at J.P. Morgan Asset Management. "JEPI provides an attractive solution to help investors realize their financial goals and round out their portfolios with conviction."

The JPMorgan International Growth ETF (JIG) seeks high quality growth opportunities for U.S. investors looking for broad, diversified access and exposure to the international equity market through an ETF. The fund is managed by an experienced J.P. Morgan team, with 21-year veteran Shane Duffy lead portfolio manager, based in London.

"It was important that we took our time to develop thoughtful and disciplined actively managed equity ETF solutions that give investors tools to pursue better outcomes," said Bryon Lake, Head of Americas ETF Distribution at J.P. Morgan Asset Management. "We are eager to combine our firm's global active equity management platform with the benefits of the ETF technology as part of the next wave of active solutions we bring to market for our clients." 

J.P. Morgan's Global Equities platform manages $518 billion across US Equity ($286bn), International Equity ($111bn) and EMEA ($121bn) investment strategies. With collaboration among 350 equity investment professionals across seven locations. J.P. Morgan has been managing equity strategies for more than 30 years.

About J.P. Morgan Asset Management

J.P. Morgan Asset Management, with assets under management of USD 1.9 trillion (as of 31 March 2020), 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) is a leading global financial services firm with assets of USD 2.7 trillion (as of 31 December 2019) 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.

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. More information is available at https://am.jpmorgan.com/us/en/asset-management/gim/adv/products/etfs.

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.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Cision View original content:http://www.prnewswire.com/news-releases/jp-morgan-asset-management-launches-two-active-transparent-equity-etfs-jepi-and-jig-301063595.html

SOURCE J.P. Morgan Asset Management

Copyright 2020 PR Newswire

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