JP Morgan Asset Management launches two active transparent equity ETFs
JP Morgan Asset Management has launched two actively-managed transparent equity ETFs, the JPMorgan Equity Premium Income ETF (JEPI) and the JPMorgan International Growth ETF (JIG).
Delivered through the transparent ETF structure, both active equity ETF funds will employ the expertise of JP Morgan's Global Equities platform, seeking to improve returns and better manage risk within portfolios as investors navigate today's investment environment.
JPMorgan Equity Premium Income ETF (JEPI) targets a significant portion of S&P 500 returns with less volatility, seeking annualised income distributed monthly. The fund leverages an experienced equity management team comprising more than 50 years of combined experience and headed by 32-year industry veteran Hamilton Reiner as the lead portfolio manager, based in New York.
"Regardless of the market environment, investors demand an active strategy that captures income without taking on undue risk," says Hamilton Reiner, Portfolio Manager and Head of U.S. Equity Derivatives at JP Morgan Asset Management. "JEPI provides an attractive solution to help investors realize their financial goals and round out their portfolios with conviction."
The JPMorgan International Growth ETF (JIG) seeks high quality growth opportunities for US investors looking for broad, diversified access and exposure to the international equity market through an ETF. The fund is managed by an experienced JP Morgan team, with 21-year veteran Shane Duffy lead portfolio manager, based in London.
"It was important that we took our time to develop thoughtful and disciplined actively managed equity ETF solutions that give investors tools to pursue better outcomes," says Bryon Lake, Head of Americas ETF Distribution at JP Morgan Asset Management. "We are eager to combine our firm's global active equity management platform with the benefits of the ETF technology as part of the next wave of active solutions we bring to market for our clients."