JPMAM debuts fixed income multi-factor ETF in Europe

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J.P. Morgan Asset Management (JPMAM) has today launched the JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF (JGHY), its first fixed income multi-factor ETF in Europe.

Designed to track the JPMAM Global High Yield Multi-Factor index, which selects issuers based on metrics such as the quality of their balance sheet, current valuations and recent price momentum, JGHY will seek to invest in a combination of securities to provide a yield comparable to traditional debt-weighted bond indices. MSCI launches new fixed income ESG and factor indices The index provides exposure to both developed and emerging corporate high yield markets but will emphasise exposure to securities that display strong correlation with its metrics. Available on the London Stock ...