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JP Morgan launches currency-hedged ETFs

London-stock-exchangeJP Morgan Asset Management has launched four currency-hedged share class versions of two existing alternative beta strategy ETFs which first listed on the London Stock Exchange in November last year.

Sterling and euro hedged share classes of the JPM Equity Long-Short Ucits ETF and JPM Managed Futures Ucits ETF listed today across the London Stock Exchange, the Deutsche Boerse Xetra and Borsa Italiana.

The funds, which will also list on the SIX Swiss Exchange “in due course”, aim to provide returns similar to hedge fund strategies by using advanced factor-based investing techniques.

Bryon Lake, international head of ETFs, said: “As we continue to broaden our reach across the UK and continental Europe we’re both listening and responding to client needs.

“Currency hedging can help investors mitigate the impact of foreign exchange movements on their investment returns. Having access to home currencies, via these currency-hedged share classes, should help clients meet both their operational and/or legal requirements.”

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