New ETFs from J.P. Morgan on Xetra: factor-based high-yield corporate bonds and active investment strategy in Japanese companies
New ETFs from J.P. Morgan on Xetra: factor-based high-yield corporate bonds and active investment strategy in Japanese companies
Since Tuesday, two new exchange-traded funds issued by J.P. Morgan Asset Management are tradable on Xetra and via Börse Frankfurt.
The JPM Global High Yield Corporate Bond Multi-Factor UCITS ETF - EUR Hedged (dist) offers investors the opportunity to participate in the performance of high-yield corporate bonds with a rating below investment grade. The ETF tracks the JP Morgan AM Global High Yield Multi-Factor Index. It is designed to track the performance of global corporate bonds which display certain factor characteristics more strongly when compared to their peer group. The strategic multi-factor approach determines portfolio composition based on three equally weighted factors: value, momentum, and quality.
The JPM Japan Research Enhanced Index Equity (ESG) UCITS ETF - EUR Hedged (acc) employs an active investment strategy to outperform the benchmark, MSCI Japan Index. The portfolio is composed of companies that are domiciled in Japan or carry out most of their business activities there. The focus is on companies with positive environmental or social characteristics that apply good corporate governance practices. Companies with significant business activities in thermal coal, wafers or tobacco are excluded.
Each of these is a currency hedged share class, i.e., the impact of exchange rate fluctuations is minimised.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
JPM Global High Yield Corporate Bond Multi-Factor UCITS ETF - EUR Hedged (dist) | Fixed Income ETF | 0.35 per cent | distributing | JP Morgan AM Global High Yield Multi-Factor Index | |
JPM Japan Research Enhanced Index Equity (ESG) UCITS ETF - EUR Hedged (acc) | Active-ETF | 0.25 per cent | accumulating |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,864 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.