JP Morgan Asset Management has listed two hedged equity-laddered overlay active Ucits ETFs on the London Stock Exchange, Börse Xetra, Borsa Italiana and Six Swiss bourses.
The Hedged Equity Laddered Overlay ETF (HELO) is an actively managed fund investing in U.S. large cap stocks, enabling investors to capture a significant portion of the S&P 500 Index while seeking to mitigate risk through a laddered options hedge overlay. HELO is designed to provide downside hedging, potential for upside participation, and strong risk-adjusted returns with lower volatility than traditional equity strategies.
HELO is managed by an experienced team led by industry veterans Hamilton Reiner, J.P. Morgan Asset Management CIO of Core U.S. Equities and Head of U.S. Equity Derivatives, and Raffaele Zingone, Matt Benson, and Judy Jansen, portfolio managers in the U.S. Equity Core group, supported by over 15 U.S. equity research analysts and 80 global analysts. HELO will have a TER of 50 basis points.
Meanwhile, the Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) is an actively managed fund investing in a growth and technology-oriented portfolio. HEQQ is designed to provide consistent hedged exposure, and lower volatility, enabling investors to capture a significant portion of the Nasdaq-100 Index while seeking to mitigate risk.
HEQQ’s portfolio management team is led by Hamilton Reiner, Eric Moreau, Matt Benson, and Judy Jansen, supported by a fundamental data science process that utilizes over 40 years of J.P. Morgan proprietary data to create a fundamental framework for security selection and portfolio construction. HEQQ will have a TER of 50 basis points.
Hamilton Reiner, CIO of Core U.S. Equities and Head of U.S. Equity Derivatives at JP Morgan Asset Management, said: “Equity investors remain focused on risk management. With HELO and HEQQ, we’re introducing outcome-oriented ETFs designed to help clients manage risk and stay invested. We expect strong interest as investors seek consistent hedged solutions in an ETF format.”
