JPMAM launches pair of multi-factor ETFs

UCITS vehicles

J. P. Morgan Asset Management (JPMAM) has launched two multi-factor UCITS exchange-traded funds (ETFs) to European investors for the first time.

The J.P. Morgan Global Equity Multi-Factor UCITS ETF (JPGL) and J.P. Morgan US Equity Multi-Factor UCITS ETF (JPUS) will be listed on the London Stock Exchange, Deutsche Börse Xetra and Borsa Italiana from today (16 July). Each vehicle has a total expense ratio (TER) of 19 basis points and, have launched in Europe following the success of JPMAM's multi-factor ETFs in the US, the group said. Ossiam launches low carbon US equity ETF JPMAM's quantitative beta strategies team will run the funds using proprietary methodology to distribute risk more evenly. Aware of the sector skews t...