JP Morgan AM launches equity options-based ETF

Global Equity Premium Income UCITS ETF

JP Morgan Asset Management has launched an options-based active equity ETF focused on generating consistent income.

JPMorgan Global Equity Premium Income UCITS ETF (JEPG) aims to offer investors 7-9% annualised income, paid monthly, and appreciation potential with less volatility than its benchmark. HANetf to launch India internet and e-commerce ETF Piera Elisa Grassi and Nicolas Farserotu, JEPG's equity portfolio managers, will take small overweight positions in "attractive" companies and small underweights in "less attractive" companies, relative to the index, to build a well-diversified higher-quality, lower-beta portfolio. The fund's other portfolio managers, Hamilton Reiner, Judy Jansen and...