JPMAM's first ETF to invest primarily in the
equity securities of large cap companies listed on The Nasdaq Stock
Market®
NEW
YORK, May 4, 2022 /PRNewswire/ -- J.P.
Morgan Asset Management today announced the launch of JPMorgan
Nasdaq Equity Premium Income ETF (JEPQ), the firm's first ETF
to list on The Nasdaq Stock Market®. The active equity ETF seeks to
deliver an attractive distributable yield while also delivering a
significant portion of the returns associated with the fund's
primary benchmark, the Nasdaq-100 Index®, with less volatility.
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) will be
comprised of a portfolio of equity securities of large cap
companies included in the Nasdaq-100 Index® and will incorporate an
options strategy to generate income while lowering
the volatility of the overall portfolio. This management style
aims to deliver returns, offer incremental income and better manage
risk within portfolios as investors navigate today's rising rate
and inflationary environment.
The fund will be managed by 35-year industry veteran Hamilton
Reiner as the lead portfolio manager alongside portfolio
managers Eric Moreau and
Andrew Stern.
"Investors are looking for yield, which is proving particularly
challenging given the current economic backdrop. JEPQ is an
innovative income solution which employs our differentiated options
overlay strategy," said Hamilton Reiner, Portfolio Manager
and Head of U.S. Equity Derivatives at J.P. Morgan Asset
Management. "Leveraging our differentiated alpha engine,
JEPQ is an active solution for investors looking to drive
portfolio allocations while maximizing risk-adjusted expected
returns."
"JEPQ was built for investors that are seeking income
while also owning companies that provide exposure to Nasdaq's
innovative marketplace. This strategy benefits from the
intentionality of an active manager while being delivered through
the ETF technology," said Bryon
Lake, Global Head of ETF Solutions at J.P. Morgan Asset
Management. "We're excited to expand our suite of active ETF
capabilities and meet client needs with a tested investment
strategy that balances income and equity exposure essential to
portfolio construction."
The addition of JEPQ brings J.P. Morgan Asset
Management's full U.S. suite of ETFs to 41 products with
more than $75 Billion in
assets under management. J.P. Morgan Asset Management ranks as a
top ten ETF issuer in the U.S. with respect to AUM1, and
number one in net active flows across active ETFs in the U.S. for
20212.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of
USD 2.6 trillion (as of March 31, 2022), 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 $4.0 trillion in assets and
$285.9 billion in stockholders'
equity as of March 31, 2022. 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.
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
Related Links: http://www.jpmorganchase.com
Nasdaq®, Nasdaq-100 Index®, Nasdaq 100® and NDX® are registered
trademarks of Nasdaq, Inc. (which with its affiliates is referred
to as the "Corporations") and are licensed for use by J.P. Morgan
Asset Management. The ETF has not been passed on by the
Corporations as to its legality or suitability. The ETF is not
issued, endorsed, sold, or promoted by the Corporations. THE
CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT
TO THE ETF.
1 Data according to ETFdb.com as of 4/29/2022.
2 Data according to Bloomberg as of 4/29/2022.
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SOURCE J.P. Morgan Asset Management
