JP Morgan Asset Management has launched three actively-managed corporate bond index ETFs and an active equity index ETF.
The bond ETFs aim to offer an alternative to the passive corporate bond market investing by focusing on identifying the most attractive opportunities on a risk-adjusted basis so that “investors are not unnecessarily exposed to uncompensated risks inherent in passive investing”.
The new actively-managed equity ETF will be benchmarked against the MSCI Emerging Market Index and have a total expense ratio of 30 basis points.
Bryon Lake, head of international ETFs at JPMAM, said: “This is the first time our ESG-integrated corporate research-enhanced index approach is being made available in a Ucits format.
“Corporate bonds play an integral role in a well-diversified portfolio. However, as we near the end of the credit cycle, avoiding uncompensated risks through intelligent sector and security selection can help deliver even stronger risk-adjusted returns.”
All four Ucits ETFs, described as “research-enhanced”, have been launched on the London Stock Exchange, Deutsche Boerse Xetra and Borsa Italiana.
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