JP Morgan launches active small-cap value ETF

Mar 12th, 2023 | By | Category: Equities

JP Morgan Asset Management has launched a new actively managed ETF providing exposure to value-oriented equities within the US small-cap segment.

Bryon Lake, Head of Americas ETF Client at JP Morgan Asset Management

Bryon Lake, Head of Americas ETFs at JP Morgan Asset Management.

The JPMorgan Active Small Cap Value ETF (JPSV US) has been listed on NYSE Arca with an expense ratio of 0.74%.

The fund utilizes the New York Stock Exchange’s semi-transparent ETF structure which combines the benefits of a traditional ETF with the flexibility and confidentiality of an actively managed mutual fund.

The ETF is managed by Lawrence Playford, Jeremy Miller, and Ryan Jones who collectively have 77 years of financial industry experience including 67 years at JP Morgan. The three portfolio managers are supported by JP Morgan’s extensive group of dedicated value research analysts which average over 20 years of experience.

Benchmarked against the Russell 2000 Value Index, the strategy employs a bottom-up approach in a bid to identify high-quality small-cap companies at attractive valuations. JP Morgan’s research focuses on finding companies with niche leadership, less cyclicality, strong management, flexible capital allocations, and attractive valuations.

Bryon Lake, Head of Americas ETFs at JP Morgan Asset Management, said: “Active small-cap value can be a compelling addition to investor portfolios. As a leader in active management with a demonstrated track record of success, JP Morgan is uniquely positioned to deliver this strategy. JPSV is our first ETF launched with the NYSE Active Proxy Model and we are confident this structure and portfolio will meet investor needs. This is an exciting addition to the rest of our actively managed range.”

Tags: , , , , , , ,

Leave a Comment