Funds seek to deliver JPM active management
expertise and risk controls through the ETF structure
NEW
YORK, Sept. 14, 2023 /PRNewswire/ -- J.P. Morgan
Asset Management today announced the launch of two actively-managed
ETFs, JPMorgan Global Select Equity ETF (JGLO) and
JPMorgan International Value ETF (JIVE) on The Nasdaq Stock
Market LLC. These funds invest in equity securities and will
benchmark to the MSCI World Index and MSCI ACWI ex USA Value Index, respectively.
JPMorgan Global Select Equity ETF (JGLO) seeks to deliver
global equity market exposure by investing primarily in the
securities of large cap market capitalization companies. The fund
leverages an experienced equity management team comprising more
than 50 years of combined experience and headed by industry veteran
Helge Skibeli, CFA, based in London.
"Regardless of the market environment, investors demand an
active strategy that seeks to capture attractive return
opportunities without taking an undue risk," said Helge Skibeli,
CFA, CIO for the Research Driven Process for International Equities
and Global Portfolio Manager at J.P. Morgan Asset Management.
"JGLO provides an attractive solution designed to help investors
realize their financial goals and round out their portfolios with
conviction."
JPMorgan International Value ETF (JIVE) seeks to provide
long-term capital appreciation for investors by identifying
securities that present attractive valuations in both developed and
emerging markets. The fund is managed by an experienced J.P. Morgan
team, Thomas Buckingham, CFA,
and Harold Yu, CFA, acting as
co-lead portfolio managers .
"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," said Bryon Lake, Global Head of ETF Solutions at J.P.
Morgan Asset Management.
J.P. Morgan Asset Management ranks as a top ten ETF issuer in
the U.S. with respect to AUM, and number one year to date in net
active flows across active ETFs in the U.S.1
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management
of $2.8 trillion (as of 6/30/2023), 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 $3.9 trillion in assets and $313
billion in stockholders' equity as of June 30, 2023. 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.
Investors should carefully consider the investment
objectives and risks as well as charges and expenses of the ETFs
before investing. The summary and full prospectuses contain this
and other information about the ETFs and should be read carefully
before investing. To obtain a prospectus: Call
1-844-4JPM-ETF.
Investments in foreign issuers and foreign securities (including
depositary receipts) are subject to additional risks, including
political and economic risks, unstable governments, civil conflicts
and war, greater volatility, decreased market liquidity,
expropriation and nationalization risks, sanctions or other
measures by the United States or
other governments, currency fluctuations, higher transaction costs,
delayed settlement, possible foreign controls on investment, and
less stringent investor protection and disclosure standards of
foreign markets.
J.P. Morgan Distribution Services, Inc., member FINRA
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
1Data according to Bloomberg as of September 14, 2023.
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SOURCE J.P. Morgan Asset Management