J.P. Morgan Asset Management (JPMAM) has announced the launch of JPMorgan Income Active ETF (Managed Fund) (“JPIE”).
The ETF is trading and listed on Cboe Australia as JPIE.
JPIE, the first fixed income active ETF that JPMAM brings to Australian investors, is a bottom-up active fixed income strategy, seeking to deliver yield and generate consistent income with lower volatility.
Mark Carlile, Head of Wholesale, Australia and New Zealand said, “We are excited to list our first active fixed income ETF. The search for consistent and stable income continues to resonate with our clients, especially in the current interest rate environment when making active decision with full flexibility is critical. This strategy has the flexibility to make tactical allocations, adjusting the portfolio to manage duration and risk. As a fully flexible global fixed income solution, this strategy looks for opportunities to upgrade credit quality, increase liquidity and capture yield, whilst managing duration across different fixed income sectors. This helps the portfolio to be well positioned in this current volatile environment.”
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These listings, including an upcoming launch of JPMorgan Emerging Markets Research Enhanced Index Equity Active ETF, bring the total number of JPMAM’s active ETFs to nine in the last 12 months, demonstrating its continued commitment to bringing its best-in-class global active ETFs to Australia.
“We are continually enhancing our product range, identifying gaps in the market where we feel our expertise and knowledge can deliver value for Australian investors. With our global scale, we seek to bring our best-in-class solutions at competitive fees – and be the leading global active asset manager in Australia,” said Andrew Creber, Australia and New Zealand CEO.
