JP Morgan Asset Management has launched three active exchange-traded funds (ETFs), bringing the total of active UCITS ETFs brought to market in 2024 to nine and increasing its overall number of active UCITS ETFs to 31.
The newly launched ETFs are now listed on the London Stock Exchange, Deutsche Börse Xetra, Borsa Italiana, and SIX Swiss Exchange.
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF (LSE ticker: JRAW) is the firm’s 9th REI Equity Active UCITS ETF. It aims to achieve a long-term return in excess of MSCI All Country World Index (Net Total Return) by actively investing primarily in a portfolio of large and mid-capitalisation companies globally. Managed by Piera Elisa Grassi, Raffaele Zingone and Lina Nassar, JRAW employs an active, bottom-up stock selection process, to overweight securities with the highest potential to outperform and underweight those considered most overvalued. Classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR), JRAW will have a Total Expense Ratio (TER) of 25 basis points. Year to date, JPMAM’s $25 billion REI equity UCITS platform has seen net flows of $10.6 billion.
JPMorgan Europe Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF (LSE ticker: JSEE) is the firm’s 3rd REI Equity SRI Paris Aligned Active UCITS ETF strategy. It aims to achieve a long-term return in excess of MSCI Europe SRI EU Paris Aligned Benchmark Overlay ESG Custom Index by actively investing primarily in a portfolio of European companies, while aligning with the objectives of the Paris Agreement. Managed by Piera Elisa Grassi and Sebastian Wiseman, JSEE also uses an active, bottom-up stock selection process to overweight securities with the highest potential to outperform and underweight those considered most overvalued. Classified as Article 9 under the SFDR, JSEE will have a TER of 25 basis points. Year to date, JPMAM’s $730 million SRI PAB suite, which was launched in August 2023, has seen net flows of $585 million.
JPMorgan EUR High Yield Bond Active UCITS ETF (LSE ticker: JEHY). Following the launch of the firm’s inaugural USD High Yield Bond Active UCITS ETF last month, investors can now also access a EUR high yield version: JEHY. Classified as Article 8 under SFDR, JEHY aims to achieve a long-term return in excess of ICE BofA Euro Developed Markets High Yield Constrained Index (HECD) by actively investing in a portfolio of EUR-denominated, below investment grade corporate debt securities. Managed by Peter Aspbury and Russell Taylor, JEHY will have a TER of 45 basis points.
“The launch of these three new active ETFs underscores our commitment to broadening our existing suites of active ETFs, providing clients with even more opportunities to align their investments with their financial goals and sustainability preferences,” said Travis Spence, Global Head of ETFs at JP Morgan Asset Management.
