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JPMorgan Asset Management debut first active ETFs on the ASX

  •  
By Jessica Penny
  •  
3 minute read

They are the first of what is planned to be a pipeline of launches. 

JPMorgan Asset Management (JPMAM) have launched two locally listed ETFs for Australian investors.

The JPMorgan Equity Premium Income Active ETF (Managed Fund) (“JEPI”) and the JPMorgan Global Research Enhanced Equity Active ETF (Managed Fund) (“JREG”) are now live on the Australian Securities Exchange (ASX).

“We are excited to bring JEPI, the fastest active ETF to reach US$13 billion, to Australian investors,” said Mark Carlile, head of wholesale, Australia and New Zealand. 

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“JEPI seeks to deliver monthly distributable income with lower volatility than the US stock market — we believe that it will really appeal to Australian investors as the search for income continues in this inflationary environment,” he continued. 

“Our domestically listed JEPI feeds directly into the highly successful US Master Fund, which was launched in the US in May 2020. It currently ranks number one for flows into active ETFs year to date, with US$3.5 billion in net new assets in Q3 alone.”

The second ETF is JREG, an active global equity solution that leverages the depth and breadth of the JPMAMs Global Equity Platform. 

JPMAM said in a statement that it leverages active stock selection from over 90 research analysts who cover 2,500-plus stocks, providing real “bottom up” fundamental insights to drive outperformance. 

Commenting on the debut, Mr Carlile said: “Launching JREG in addition to our existing JPMorgan Global Research Enhanced Index Equity Fund (hedged and unhedged) is simply an expansion to the way investors can invest in REI.

“JREG seeks to incorporate the best of both active and passive, and plays a versatile role in portfolios, including as a cost-effective core exposure to certain equity markets or as an asset allocation tool,” he continued. 

Australia and New Zealand CEO, Andrew Creber, explained that for JPMAM, “it’s not about the quantity but the quality of our active capabilities, and where we see demand from investors”. 

“We want to help our clients achieve their investment objectives and our goal is to be the leading global active asset manager in Australia. The launch of these two ETFs is just the beginning as we continue to invest and grow our market share,” he concluded. 

JPMorgan Asset Management debut first active ETFs on the ASX

They are the first of what is planned to be a pipeline of launches. 

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