Latest news with #JFLI
Yahoo
14-02-2025
- Business
- Yahoo
JPMorgan's New Income-Focused ETF Helps Manage Volatility
The JPMorgan Flexible Income ETF (JFLI), which started trading on Feb. 13, comes to market with a broad investment mandate and a portfolio management team that is open to investing across all asset classes and geographies. 'We intend to move to where the opportunities are, whether that means emerging market debt or real estate,' said Michael Schoenhaut, one of three JFLI portfolio managers. 'We're going to move around pretty actively,' he added. With a focus on income, Schoenhaut said JFLI is designed to 'put all the sources of yield together, across asset classes, combining equities and fixed income.' As part of the announcement, J.P. Morgan described the multi-asset category as a '$500 billion opportunity.' JFLI, which has an expense ratio of 35 basis points, is starting with a two-third allocation to four JPMorgan ETFs and the remaining third spread across customized sleeves of individual securities. The underlying ETFs, in order of their weighting in the portfolio, are the JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY), the JPMorgan Income ETF (JPIE), the JPMorgan Equity Premium Income ETF (JEPI) and the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). Schoenhaut said the underlying ETF weighting will likely remain at the current level, and that the risk profile of JFLI is comparable to a portfolio of 75% stocks and 25% bonds. However, he added, even with that much equity market exposure, 'an income approach helps with volatility management.' Nate Geraci, president and founder of The ETF Store in Overland Park, Kansas, described the timing of the JFLI debut as 'ideal given that greater uncertainty has recently been injected into the markets.' 'Investors are grappling with the potential impact of shifting policies on trade and immigration, the direction of inflation and interest rates, geopolitical risks and other factors,' he added. 'Multi-asset solutions can be attractive to investors in this environment as a way to still participate in markets, while also managing risk.' JPMorgan manages 65 ETFs that combine for more than $165 | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
13-02-2025
- Business
- Yahoo
J.P. Morgan Asset Management Launches JPMorgan Flexible Income ETF on NYSE
Fund Aims to Deliver Attractive Income and Capital Growth NEW YORK, Feb. 13, 2025 /PRNewswire/ -- J.P. Morgan Asset Management (JPMAM) today announced the launch of the JPMorgan Flexible Income ETF (NYSE: JFLI) on the New York Stock Exchange. This new active ETF represents the Multi-Asset Solutions team's first foray into actively managed multi-asset ETFs, designed to offer investors a compelling combination of income and capital growth. The multi-asset income category presents a $500 billion opportunity1, and J.P. Morgan Asset Management anticipates continued growth as the ETF market in this space matures. JFLI offers a unique way for clients to access income through both traditional securities and derivatives-based strategies, complementing J.P. Morgan's existing income-oriented ETF offerings. "JFLI is a game-changer in income investing. By harnessing the power of diverse asset classes and our global expertise, we're delivering a dynamic solution that not only meets our clients' income needs but also thrives in today's fast-paced market environment," said Jed Laskowitz, Global Head of Private Markets and Customized Solutions. Managed by a team of experienced professionals—Michael Schoenhaut, Eric Bernbaum, and Gary Herbert, who bring decades of experience managing some of the industry's most prominent income funds. The strategy leverages insights from J.P. Morgan's asset class specialists. The fund invests in a diverse range of income-producing securities, including direct equity holdings and fixed income ETFs, across both developed and emerging markets worldwide. "The launch of the JPMorgan Flexible Income ETF is a significant milestone in our active ETF strategy, providing a differentiated approach to income investing," said John Harrington, Global Head of ETF Product at J.P. Morgan Asset Management. "Combining Active ETF technology with the benefits of multi-asset investing provides investors with a robust approach, offering flexibility, diversification, and efficiency to navigate complex markets and work towards their financial goals. With our expertise in asset allocation and risk management, alongside our desire to help clients achieve their income goals, we're thrilled to add JFLI to our ETF lineup." About J.P. Morgan Asset Management J.P. Morgan Asset Management, with assets under management of $3.6 trillion (as of 12/31/2024), is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information, visit: About JPMorgan Chase JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorganChase had $4.0 trillion in assets and $345 billion in stockholders' equity as of as of 12/31/2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at 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 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. 1 Morningstar data as of 12/31/2024. View original content to download multimedia: SOURCE J.P. Morgan Asset Management
