“Investors have been able to participate in the upside of a market recovery over the past several years, but they are still concerned about continued market volatility,” Robert Deutsch, Global Head of ETFs for J.P. Morgan Asset Management, said in the press release. “JPUS provides a solution for US equities that helps keep clients invested across market cycles by attempting to capture most of the upside with a goal of providing less volatility in down markets.”
J.P. Morgan Asset Management has already launched three international smart-beta ETF investments, including the JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEArca: JPEM), JPMorgan Diversified Return Global Equity ETF (NYSEArca: JPGE) and JPMorgan Diversified Return International Equity ETF (NYSEArca: JPIN). [J.P. Morgan’s New EM ETF Challenges Conventional Rivals]
For more information on new fund products, visit our new ETFs category.
Max Chen contributed to this article.