NEW YORK,
Feb. 24, 2017 /PRNewswire/ -- J.P.
Morgan Asset Management today announced that eight of its strategic
beta ETFs are now available on E*TRADE's Commission-Free ETF
platform.
"Investors are increasingly looking to strategic beta
products as a complement to traditional market cap-weighted
indices," said Bob Deutsch, U.S.
Head of ETFs for J.P. Morgan Asset Management. "We are thrilled
E*TRADE has elected to include eight of our funds on its
Commission-Free ETF platform and our participation reinforces our
commitment to offering innovative solutions to meet client and
investor needs."
The eight J.P. Morgan Asset Management ETFs now available
include:
- JPEM JPMorgan Diversified Return Emerging Markets
Equity ETF
- JPGE JPMorgan Diversified Return Global
Equity ETF
- JPIN JPMorgan Diversified Return
International Equity ETF
- JPIH JPMorgan Diversified Return
International Currency Hedged ETF
- JPUS JPMorgan Diversified Return U.S. Equity
ETF
- JPME JPMorgan Diversified Return U.S. Mid Cap
Equity ETF
- JPEU JPMorgan Diversified Return Europe
Equity ETF
- JPEH JPMorgan Diversified Return Europe
Currency Hedged ETF
J.P. Morgan Asset Management's ETF suite features eleven
product offerings with over $1
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
"Most innovative equity ETF – performance" award by Fund Action for
its JPMorgan Diversified Return Global Equity (JPGE)
product3.
About E*TRADE ETFs
You can buy and sell the exchange-traded funds (ETFs)
available through the E*TRADE Securities commission-free ETF
program without paying brokerage commissions. For margin customers,
ETFs purchased through the program are not margin eligible for 30
days from the purchase date. To discourage short-term trading,
E*TRADE Securities may charge a short-term trading fee on sales of
participating ETFs held for less than 30 days.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, the marketing name for J.P.
Morgan Investment Management, with assets under management of
$1.8 trillion (as of December 31, 2016), 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
$2.5 trillion (as of September 30, 2016) 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 the fund
before investing. The summary and full prospectuses contain this
and other information about the fund. Read the prospectus carefully
before investing. Call 1-844-4JPM-ETF or
visit jpmorganetfs.com to obtain a prospectus.
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.
3 Fund Action ETF US Performance
Awards 2016: The ETF awards are judged based on performance and/or
asset flows over a 12 month period ending in September 2015. Data from earlier periods can be
used to provide context, but will not be central to the judging
decision. As well as performance data, judges will also consider
the management firm's and fund's reputation in the market place –
will give credit to managers who have shown innovation in new
products and fee offerings, etc. The awards will only be given to
those firms who can demonstrate solid performance, positive asset
flows and real credibility among advisors and investors. There is
no minimum asset size required for any category.
JPGE inception date is 6/16/14. As of 12/31/16, JPGE
returns at NAV were 5.79% 1-year and 2.49% since inception. JPGE
market price returns were 5.80% 1-year and 2.61% since inception.
FTSE Developed Diversified Factor Index returns were 5.92% 1-year
and 2.83% since JPGE inception. FTSE Developed Index returns were
7.55% 1-year and 2.40% since JPGE inception.
The performance quoted is past performance and is
not a guarantee of future results. Investment returns and principal
value of an investment will fluctuate so that an investor's shares,
when redeemed, may be worth more or less than original cost.
Current performance may be higher or lower than the performance
data shown. For performance current to the most recent month-end
please call 1-844-4JPM-ETF.
Investing involves risk, including possible loss of
principal.
J.P. Morgan Exchange-Traded Funds are distributed by SEI
Investments Distribution Co, One Freedom Valley Dr., Oaks, PA 19456, which is not affiliated with
JPMorgan Chase & Co. or any of its affiliates.
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SOURCE J.P. Morgan Asset Management