JP Morgan Asset Management has launched a global corporate bond active UCITS ETF on the London Stock Exchange, Deutsche Börse Xetra, Borsa Italiana and Six Swiss Exchange.
The fund aims to outperform the Bloomberg Global Aggregate Corporate Unhedged USD Index by actively investing in a diversified portfolio of high quality investment-grade corporate bonds.
The ETF, which combines a fundamental active investment process with the transparency and liquidity of the ETF vehicle, will be managed by an experienced team of portfolio managers, who will be supported by a global research team of 70+ quantitative and fundamental research analysts.
The ETF will have a Total Expense Ratio (TER) of 25 basis points.
Travis Spence, Global Head of ETFs at J.P. Morgan Asset Management, said: “We believe this product offers investors a compelling opportunity to access active management in the fixed income space, backed by the deep expertise and resources of our team.”
