Search:
 

J.P. Morgan Asset Management Launches Managed Futures Alternative Beta ETF: JPMF

 
 

--Systematic exposure to the managed futures hedge fund style--

NEW YORK, Dec. 7, 2017 /PRNewswire/ -- J.P. Morgan Asset Management announced today the launch of the JPMorgan Managed Futures ETF (JPMF), which seeks to provide exposure to carry and momentum factors across fixed income, currency, commodity and equity markets.

The fund employs a bottom-up strategy constructed by taking long and short positions in futures markets backed by a systematic, rules-based approach. It can serve as a portfolio diversifier with the potential to limit drawdowns and reduce overall volatility by providing returns that are uncorrelated to traditional asset classes.

JPMF is managed by an experienced team led by Dr. Yazann Romahi, CIO of Quantitative Beta Strategies and Portfolio Manager at J.P. Morgan Asset Management. A leader in alternative investments, J.P. Morgan currently manages more than $120 billion in alternative investments globally.

"Investors are increasingly looking to venture beyond traditional asset classes to diversify their portfolios and enhance risk-adjusted returns," said Joanna Gallegos, U.S. Head of ETFs for J.P. Morgan Asset Management. "We are thrilled to bring to market the benefits of a managed futures strategy in an ETF wrapper and believe it will help our clients solve for specific needs and build stronger portfolios."

J.P. Morgan Asset Management's ETF suite now features twenty product offerings with over $2 billion in assets under management. J.P. Morgan achieved a top ten position in flows across smart beta ETFs in 2016, ranking 8th out of 47 ETF managers1. J.P. Morgan was also named one of the "Most Trusted" ETF providers according to Cogent Reports' 2016 Advisor Brandscape report2 and was awarded "Best New Alternatives ETF" and "Best New Active ETF" by ETF.com for its JPMorgan Diversified Alternatives ETF (JPHF) product3.

About J.P. Morgan Asset Management

J.P. Morgan Asset Management, with assets under management of $1.6 trillion (as of September 30, 2017), 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.  JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading global financial services firm with assets of approximately $2.6 trillion (as of September 30, 2017) and operations in more than 60 countries.  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 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. 

1 Bloomberg as of 12/31/16

2 Cogent Wealth Reports, Advisor Brandscape® published June 2016, sample size 1,500+. Detailed annual report covering the advisor market place. Holistic view of the landscape including practice models, product usage, brand perceptions and user experience across all of the top providers in the MF, VA and ETF categories. Advisor research allows subscribing firms to get a full picture of the advisor marketplace via a mix of continuous online data portals and traditional printed reports. Insights are based on online surveys among representative cross sections of registered financial advisors with at least $5 million in assets under management across all channels.

3ETF.com Award winners are selected in a three-part process designed to leverage the insights and opinions of leaders throughout the ETF industry. The awards process began with an open nomination period running from Dec. 5, 2016, through Jan. 4, 2017. ETF.com received hundreds of nominations from participants in all corners of the ETF space. Following the open nominations process, the ETF.com Awards Nominating Committee—made up of senior leaders at ETF.com, Inside ETFs and FactSet—voted to select up to five finalists in each category. Votes were tallied on a majority basis. Winners from these finalists were selected by a majority vote of the ETF.com Awards Selection Committee, a group of independent ETF experts. Committee members recused themselves from voting in any category in which they or their firms appeared as finalists. Ties were decided where possible with head-to-head runoff votes. Voting was completed by Jan. 20, 2017, but results were kept secret until their announcement at the ETF.com U.S. Awards Dinner on March 30, 2017.

J.P. Morgan Asset Management and JPMDS are not affiliated with ETF.com.

The Fund invests in foreign securities, which are subject to special currency, political and economic risks. The Fund may also invest in futures contracts and other derivatives. This may make the Fund more volatile. The Fund may engage in short selling, which will not eliminate the its exposure to domestic stock market movements, capitalization, sector-swings or other risk factors. A long/short portfolio may have higher portfolio turnover rates, which may trigger tax consequences. Short selling also bears costs associated with covering short positions and a possibility of unlimited loss on certain positions. Commodity investing is subject to greater volatility than investments in traditional securities, particularly if leveraged. Their value may be affected by overall market movements, index volatility, interest rate changes, or factors affecting a particular industry or commodity. Use of leveraged derivatives may increase return but also increase the possibility for greater loss. Securities rated below investment grade are considered "high-yield," "non-investment grade," "below investment-grade," or "junk bonds." They generally are rated in the fifth or lower rating categories of Standard & Poor's and Moody's Investors Service. Although they can provide higher yields than higher rated securities, they can carry greater risk.

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/SIPC.

J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

View original content:http://www.prnewswire.com/news-releases/jp-morgan-asset-management-launches-managed-futures-alternative-beta-etf-jpmf-300568343.html

SOURCE J.P. Morgan Asset Management

Back to top

RELATED LINKS
https://www.jpmorganchase.com