NEW YORK, Jan. 8, 2015 /PRNewswire/ -- J.P. Morgan Asset Management announced that the JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) officially listed for trading today, further expanding J.P. Morgan's strategic beta ETF suite. JPEM, like its predecessors JPGE and JPIN, seeks to provide investors with enhanced risk-adjusted returns and to help financial advisors keep clients invested in equities over the long term.
JPEM addresses drawbacks inherent in market cap-weighted indices, specifically excessive risk concentrations and a large number of securities with unattractive characteristics. The ETF tracks the FTSE Emerging Diversified Factor Index, which employs a unique risk framework to distribute risk across regions and sectors and a multi-factor stock filter to rank and select stocks based on value, quality and momentum. The index construction also incorporates quarterly rebalancing and liquidity screens.
"We believe that J.P. Morgan has emerging markets capabilities and investment insights that will be attractive to investors, and this product is an important additional step in delivering those capabilities, with an eye toward better risk-adjusted returns," said Robert Deutsch, Global Head of ETFs for J.P. Morgan Asset Management. "This ETF is also a good option to provide diversification for client portfolios that are overweight developed markets."
"We are delighted to start 2015 with another FTSE index-linked ETF from J.P. Morgan, using the diversified return suite methodology we co-developed last year to bring ground-breaking multi-factor indices to the market," said Jonathan Horton, Chief Marketing Officer, FTSE Group.
About J.P. Morgan Funds
J.P. Morgan Funds is the mutual fund arm of J.P. Morgan Asset Management. It is the 8th largest long-term manager in the U.S., with over $231 billion in long-term assets under management across a broad range of investment strategies in fixed income, equity, multi-asset, alternatives and absolute return. The fund complex is #1 in long-term flows in the U.S., with 11.1 billion in flows YTD (Strategic Insights, as of September 30, 2014).
J.P. Morgan Asset Management, with assets under management of $1.6 trillion (as of September 30, 2014), 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 $2.4 trillion (as of September 30, 2014) 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 prospectus contains this and other information about the ETF. Read the prospectus carefully before investing. (Call 1-844-4JPM-ETF or visit jpmorganetfs.com to obtain a prospectus)
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.
There is no guarantee the funds will meet their investment objective.
Diversification may not protect against market loss.
J.P. Morgan Exchange-Traded Funds are distributed by SEI Investments Distribution Co, which is not affiliated with JPMorgan Chase & Co. or any of its affiliates.
J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. Those businesses include, but are not limited to, JPMorgan Chase Bank N.A., J.P. Morgan Investment Management Inc., Security Capital Research & Management Incorporated, J.P. Morgan Alternative Asset Management, Inc., and J.P. Morgan Asset Management (Canada), Inc.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
SOURCE J.P. Morgan Asset Management