J.P. Morgan Asset Management Launches Five U.S. Equity Single Factor ETFs

NEW YORK, Nov. 9, 2017 /PRNewswire/ -- J.P. Morgan Asset Management announced today the expansion of its ETF lineup with the launch of five domestic single factor equity ETFs – J.P. Morgan U.S. Value Factor ETF (JVAL), J.P. Morgan U.S. Quality Factor ETF (JQUA), J.P. Morgan U.S. Momentum Factor ETF (JMOM), J.P. Morgan U.S. Minimum Volatility ETF (JMIN) and J.P. Morgan U.S. Dividend ETF (JDIV) – which are designed to provide targeted exposure to address a specific need within a client's portfolio.

Leveraging J.P. Morgan's existing capabilities and expertise, the funds will be managed by an investment team led by Yazann Romahi, CIO of Quantitative Beta Strategies and Portfolio Manager at J.P. Morgan Asset Management. Each fund tracks a proprietary index derived from the Russell 1000® Index and holds 200-400 stocks, which are rebalanced on a quarterly basis. The funds have a competitive price point at 0.12%.¹

"The introduction of single factor ETFs underscores our commitment to providing choice for our clients and bringing the best and most innovative products to market," said Joanna Gallegos, U.S. Head of ETFs for J.P. Morgan Asset Management. "While we offer a breadth of solutions, single-factor funds allow clients to be more granular in their approach and customize their portfolios to meet distinct outcomes."

J.P. Morgan U.S. Value Factor ETF (JVAL): The fund is designed to provide exposure to attractively priced stocks while limiting single stock concentration risk.  It tracks the J.P. Morgan U.S. Value Factor Index, which is comprised of U.S. securities included in the Russell 1000® Index and selects constituents based on diversified measures of their valuation.

J.P. Morgan U.S. Quality Factor ETF (JQUA): The fund is designed to provide exposure to high quality companies while limiting single stock concentration risk. It tracks the J.P. Morgan U.S. Quality Index, which is comprised of U.S. securities included in the Russell 1000® Index and selects constituents based on their quality as measured by diversified definitions of their profitability, solvency and earnings quality.

J.P. Morgan U.S. Momentum Factor ETF (JMOM): The fund is designed to provide exposure to trending stocks while limiting single stock concentration risk.  It tracks the J.P. Morgan U.S. Momentum Factor Index, which is comprised of U.S. securities included in the Russell 1000® Index and selects constituents based on their risk-adjusted return momentum.

J.P. Morgan U.S. Minimum Volatility ETF (JMIN): The fund is designed to provide equity exposure with reduced volatility. It tracks the J.P. Morgan U.S. Minimum Volatility Index, which is comprised of U.S. securities included in the Russell 1000® Index and uses a rules-based risk allocation and stock selection process in an effort to deliver lower volatility while maintaining diversification across sectors and securities.

J.P. Morgan U.S. Dividend ETF (JDIV): The fund is designed to provide equity exposure with emphasis on dividend income.  It tracks the J.P. Morgan U.S. Dividend Index, which is comprised of U.S. securities included in the Russell 1000® Index and uses a rules-based risk allocation and stock selection process developed in an effort to deliver high dividend yield while maintaining diversification risk across sectors and securities.

J.P. Morgan Asset Management's ETF suite features eighteen 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 managers². J.P. Morgan was also named one of the "Most Trusted" ETF providers according to Cogent Reports' 2016 Advisor Brandscape report³ and was awarded "Most innovative equity ETF – performance" award by Fund Action for its JPMorgan Diversified Return Global Equity (JPGE) product⁴.

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. 

¹Total Annual Fund Operating Expenses after Fee Waivers and Expense Reimbursements. The Fund's adviser and/or its affiliates have contractually agreed to waive fees and/or reimburse expenses to the extent Total Annual Fund Operating Expenses (excluding acquired fund fees and expenses, dividend and interest expenses related to short sales, interest, taxes, expenses related to litigation and potential litigation and extraordinary expenses) exceed 0.12% of the average daily net assets of the Shares. The Fund's adviser has contractually agreed to waive fees and/or reimburse expenses in an amount sufficient to offset the fees and expenses of the affiliated money market funds incurred by the Fund because of the Fund's investment in such money market funds. These waivers are in effect through 11/3/20, at which time the adviser and/or its affiliates will determine whether to renew or revise them.

² Bloomberg as of 12/31/16

³ 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.

⁴ 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.

Investing involves risk, including possible loss of principal.  Shares are bought and sold market price, and are not individually redeemed from the fund.  Brokerage commissions will reduce returns. International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates and differences in accounting and taxation policies outside the U.S. can raise or lower returns. Also, some overseas markets may not be as politically and economically stable as the United States and other nations. Investments in smaller companies typically exhibit higher volatility.

There is no guarantee the funds will meet their investment objective. 

Diversification may not protect against market loss. 

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

SOURCE J.P. Morgan Asset Management

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