JP Morgan rolls out two new active ETFs

Sep 20th, 2023 | By | Category: Equities

JP Morgan Asset Management has launched two new actively managed ETFs in the US that seek to capture alpha within global and global ex-US equity markets.

JP Morgan rolls out two new active ETFs

JP Morgan has expanded its actively managed ETF suite with two new global equity funds.

The JPMorgan Global Select Equity ETF (JGLO US) and JPMorgan International Value ETF (JIVE US) have been listed on Nasdaq with expense ratios of 0.47% and 0.55%, respectively.

Bryon Lake, Global Head of ETF Solutions at JP Morgan Asset Management, commented: “The addition of both JGLO and JIVE supports the commitment to our growing active ETF suite by offering clients new tools to help them succeed in the current environment.”

JGLO invests primarily in large-cap stocks from developed and emerging markets worldwide. Utilizing JP Morgan’s extensive global network of analysts, the ETF seeks out attractively valued companies with strong free cash flows and the potential for continued earnings. The fund will seek to maintain regional and sector exposures similar to the benchmark MSCI World Index.

Helge Skibeli, CIO for the Research Driven Process for International Equities at JP Morgan Asset Management, said: “Regardless of the market environment, investors demand an active strategy that seeks to capture attractive return opportunities without taking on undue risk. JGLO provides an attractive solution designed to help investors realize their financial goals and round out their portfolios with conviction.”

JIVE, which is benchmarked against the MSCI ACWI ex USA Value Index, invests across the market capitalization spectrum within developed countries, excluding the US, as well as emerging markets. The fund seeks out companies with attractive valuations through behavioral-based and quantitative screens as well as fundamental analysis.

Tags: , , , , , ,

Leave a Comment