J.P. Morgan Asset Management Launches JPMorgan U.S. Research Enhanced Large Cap ETF on NYSE
Rhea-AI Summary
J.P. Morgan Asset Management (JPMAM) has launched the JPMorgan U.S. Research Enhanced Large Cap ETF (JUSA) on the NYSE. The new ETF aims to provide consistent returns through exposure to U.S. equity, focusing on well-established, large-cap U.S. companies.
The fund is managed by portfolio managers Ralph Zingone and Tim Snyder, leveraging the underlying strategy that has been in implementation since 1988. JUSA features a lower active risk budget and broader diversification through increased holdings.
This launch expands J.P. Morgan's Research Enhanced range and reflects the growing trend in active ETFs within Large Blend and Large Value categories since 2020, following the 2019 ETF Rule that simplified regulatory processes for ETF launches.
Positive
- Launch of new active ETF product expanding market presence
- Leverages proven investment strategy dating back to 1988
- Lower risk profile through broader diversification
Negative
- None.
News Market Reaction
On the day this news was published, JPM gained 3.22%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Fund aims for consistent returns while providing exposure to
"JUSA exemplifies the core principles of J.P. Morgan Asset Management's leadership in active ETFs," said John Harrington, Global Head of ETF Product at J.P. Morgan Asset Management. "By combining decades of experience in managing our time-tested Research Enhanced strategies with the innovative structure of the active ETF vehicle, we are delivering a solution that aligns with our tradition of excellence and commitment to innovation. JUSA demonstrates our ability to adapt proven strategies to meet the evolving needs of investors in today's dynamic market and is an exciting addition to our active
Since 2020, the assets in active ETFs within traditional categories such as Large Blend and Large Value have significantly increased. This growth can be attributed to the 2019 ETF Rule, which simplified the regulatory process for ETF launches, along with the establishment of 3-year performance track records and wider availability of these investment options. Consequently, more investors are choosing to gain equity exposure through ETFs. JUSA offers a distinctive approach to
The fund is managed by seasoned portfolio managers Ralph Zingone and Tim Snyder, who bring extensive expertise in managing research enhanced strategies. The investment team has been implementing the underlying strategy since 1988, demonstrating a long-standing dedication to achieving consistent returns. JUSA is designed with a slightly lower active risk budget and a greater number of holdings, providing broader diversification. This makes it an attractive option for investors looking for consistent returns in their
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of
About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in
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.
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SOURCE J.P. Morgan Asset Management