/C O R R E C T I O N -- J.P. Morgan Asset Management/

Rhea-AI Summary

J.P. Morgan Asset Management (JPMAM) has launched the JPMorgan Flexible Income ETF (NYSE: JFLI), marking their first active multi-asset ETF offering. The fund aims to deliver both attractive income and capital growth in the $500 billion multi-asset income category.

JFLI provides investors access to income through traditional securities and derivatives-based strategies, complementing J.P. Morgan's existing income-oriented ETF lineup. The fund is managed by a veteran team including Michael Schoenhaut, Eric Bernbaum, and Gary Herbert, who bring extensive experience in managing prominent income funds.

The ETF invests in diverse income-producing securities, including direct equity holdings and fixed income ETFs across developed and emerging markets. This launch represents a significant milestone in JPMAM's active ETF strategy, offering investors flexibility, diversification, and efficiency in navigating complex markets.

In the news release, J.P. Morgan Asset Management Launches JPMorgan Flexible Income ETF on NYSE, issued 13-Feb-2025 by J.P. Morgan Asset Management over PR Newswire, we are advised by the company that paragraph three has been updated to reflect the correct attribution. The complete, corrected release follows:

J.P. Morgan Asset Management Launches JPMorgan Flexible Income ETF on NYSE

Fund Aims to Deliver Attractive Income and Capital Growth

NEW YORK, Feb. 13, 2025 /PRNewswire/ -- J.P. Morgan Asset Management (JPMAM) today announced the launch of the JPMorgan Flexible Income ETF (NYSE: JFLI) on the New York Stock Exchange. This new active ETF represents the Multi-Asset Solutions team's first foray into actively managed multi-asset ETFs, designed to offer investors a compelling combination of income and capital growth.

The multi-asset income category presents a $500 billion opportunity¹, and J.P. Morgan Asset Management anticipates continued growth as the ETF market in this space matures. JFLI offers a unique way for clients to access income through both traditional securities and derivatives-based strategies, complementing J.P. Morgan's existing income-oriented ETF offerings.

"JFLI is a game-changer in income investing. By harnessing the power of diverse asset classes and our global expertise, we're delivering a dynamic solution that not only meets our clients' income needs but also thrives in today's fast-paced market environment," said Jamie Kramer, CIO and Global Head of Multi-Asset Solutions.

Managed by a team of experienced professionals—Michael Schoenhaut, Eric Bernbaum, and Gary Herbert, who bring decades of experience managing some of the industry's most prominent income funds. The strategy leverages insights from J.P. Morgan's asset class specialists. The fund invests in a diverse range of income-producing securities, including direct equity holdings and fixed income ETFs, across both developed and emerging markets worldwide.

"The launch of the JPMorgan Flexible Income ETF is a significant milestone in our active ETF strategy, providing a differentiated approach to income investing," said John Harrington, Global Head of ETF Product at J.P. Morgan Asset Management. "Combining Active ETF technology with the benefits of multi-asset investing provides investors with a robust approach, offering flexibility, diversification, and efficiency to navigate complex markets and work towards their financial goals. With our expertise in asset allocation and risk management, alongside our desire to help clients achieve their income goals, we're thrilled to add JFLI to our ETF lineup."

About J.P. Morgan Asset Management

J.P. Morgan Asset Management, with assets under management of $3.6 trillion (as of 12/31/2024), 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. For more information, visit: www.jpmorgan.com/am

About JPMorgan Chase

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorganChase had $4.0 trillion in assets and $345 billion in stockholders' equity as of as of 12/31/2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally. 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 JPMorgan ETF before investing. The summary and full prospectuses contain this and other information about the ETF. Read the prospectus carefully before investing. Call 1-844-4JPM-ETF or visit www.jpmorganETFs.com to obtain a prospectus.

Investing involves risk. Including possible loss of on an investment.

J.P. Morgan Funds 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.

¹ Morningstar data as of 12/31/2024. 

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SOURCE J.P. Morgan Asset Management

FAQ

What is the investment objective of JPMorgan Flexible Income ETF (JFLI)?

JFLI aims to deliver attractive income and capital growth through investments in diverse income-producing securities, including direct equity holdings and fixed income ETFs across developed and emerging markets.

When was JFLI launched on the NYSE?

The JPMorgan Flexible Income ETF (JFLI) was launched on February 13, 2025, on the New York Stock Exchange.

What makes JFLI different from other income ETFs?

JFLI offers a unique approach by combining traditional securities with derivatives-based strategies, and represents JPMAM's first actively managed multi-asset ETF offering.

Who manages the JFLI ETF portfolio?

The ETF is managed by a team of experienced professionals including Michael Schoenhaut, Eric Bernbaum, and Gary Herbert, who have extensive experience managing prominent income funds.

What is the market opportunity size for JFLI in the multi-asset income category?

The multi-asset income category presents a $500 billion market opportunity, with anticipated continued growth as the ETF market in this space matures.

What types of securities does JFLI invest in?

JFLI invests in a diverse range of income-producing securities, including direct equity holdings and fixed income ETFs, across both developed and emerging markets worldwide.