NEW YORK, Jan. 30, 2018 /PRNewswire/ -- J.P. Morgan Asset
Management (JPMAM) announced today the launch of the JPMorgan USD
Emerging Markets Sovereign Bond ETF (JPMB), which tracks the
JPMorgan Emerging Markets Risk-Aware Bond Index, created by JPMAM's
Quantitative Beta Strategies team and derived from J.P. Morgan's
Corporate & Investment Bank flagship JPMorgan EMBI Global
Diversified Index.
JPMB aims to provide exposure to USD denominated sovereign debt
across emerging markets. The index utilizes a rules-based,
three-step process that filters for liquidity, country risk and
allocates risk based on credit rating. It invests 80% of its assets
in securities included in the underlying index and will rebalance
its portfolio on a monthly basis within each country and
semi-annually across countries in accordance with the rebalancing
of the underlying index . By using an alternative weighting
approach, the index seeks to provide better risk-adjusted returns
vs. market cap weighted indexes and potentially generate a
competitive yield and lower levels of duration for clients.
JPMB is managed by an experienced team led by Quantitative Beta
Strategies co-portfolio managers, Eric
Isenberg and Niels Schuehle.
A leader in factor-based investing, J.P. Morgan has been managing
quantitative beta strategies since 2009. Additionally, JPMB
leverages J.P. Morgan's $470 billion
global fixed income platform, which is comprised of over 200+
sector specialists.
"Fixed income ETFs continue to revolutionize investing by
providing access to an often challenging asset class in a liquid,
transparent and cost-effective vehicle," said Joanna Gallegos, U.S. Head of ETFs for J.P.
Morgan Asset Management. "With JPMB, clients can gain exposure to
emerging market debt, which is a growing component of global bond
markets, and it can serve as a diversifier to a core bond
portfolio."
J.P. Morgan Asset Management's ETF suite now features twenty two
product offerings with over $3
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
$1.7 trillion (as of 12/31/2017), 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 $2.5 trillion (as of
12/31/2017) 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