J.P. Morgan Asset Management has launched two active fixed income Ucits ETFs in London, Frankfurt, Milan and Zurich.
The Euro Aggregate Bond Active Ucits ETF aims to outperform the Bloomberg Euro Aggregate Index.
JPMAM’s broader Global Aggregate strategy, which first launched in 2009, targets multiple sources of alpha across the fixed income universe, investing in a diversified portfolio of fixed income securities and sectors, including euro denominated government bonds, covered bonds, corporate bonds, and emerging market debt.
The ETF will be managed by Myles Bradshaw and Viren Patel and have a Total Expense Ratio of 30 basis points.
The second fund, the EUR Government Bond Active Ucits ETF, aims to outperform the Bloomberg Euro Aggregate Treasury Total Return Index by actively investing in a portfolio of euro denominated government and government related debt securities.
The ETF will be managed by Séamus Mac Góráin and Kim Crawford and have a Total Expense Ratio of 15 basis points.
Travis Spence, Global Head of ETFs at J.P. Morgan Asset Management, said: ” We believe these products will offer investors a compelling opportunity to access active management in the fixed income space, backed by the deep expertise and resources of our team.”
