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
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SOURCE J.P. Morgan Asset Management