JP Morgan Asset Management has launched a new actively managed equity ETF in the US focused on stocks listed in the Greater China region.
The JPMorgan Active China ETF (JCHI US) has been listed on NYSE Arca with an expense ratio of 0.65%.
The fund leverages the extensive local footprint of JP Morgan’s Greater China research which consists of 26 investment professionals, 17 of whom are product-specific research analysts with an average of 17 years of industry experience.
The ETF’s investment strategy is implemented by portfolio managers Li Tan and Rebecca Jiang who collectively have 30 years of financial industry experience including 18 years at JP Morgan Asset Management (Asia Pacific).
The fund comprises a “best ideas” portfolio of 40 to 70 stocks from the Greater China region which have been selected through a bottom-up process while being mindful of macro and policy considerations.
According to JP Morgan, the Greater China research team seeks to identify industry leaders with an emphasis on companies that have sustainable earnings and disciplined capital management.
Commenting on the new listing, Bryon Lake, Global Head of ETF Solutions at JP Morgan Asset Management, said: “The launch of the JPMorgan Active China ETF is another example of our commitment to delivering innovative and differentiated investment solutions to clients. There are a lot of opportunities in China that investors want to invest in with intentionality, and we are excited to offer them a strategic option to capitalize on.”
Li Tan, Portfolio Manager at JP Morgan Asset Management, added: “The launch of the JPMorgan Active China ETF marks an exciting new time for investors. Backed by the expertise of our Greater China research team, JCHI offers investors access to long-term capital appreciation potential in some of China’s fastest-growing industries.”