Exchange traded funds issued by J.P. Morgan Asset Management have been tradable on Xetra and the Börse Frankfurt venue for the first time since Tuesday. At the start of trading, the product range comprises two bond index ETFs and three active ETFs, which enable investments in selected alternative beta strategies.
The J.P. Morgan Asset Management ETFs are an interesting addition to our product range, and serve to underscore the attractiveness of Deutsche Börse as a leading listing and trading platform in the European ETF market,” said Dr Martin Reck, Cash Market Managing Director at Deutsche Börse.
We are pleased to be partnering with Deutsche Börse as we launch into the German market for the first time with our initial European ETF offering. We feel it’s important to bring this added level of choice to our clients at a time when the need to build stronger investment portfolios is as important as ever. German investors will now be able to invest in the established and recognised investment expertise of J.P. Morgan Asset Management within the ETF wrapper,” added Christoph Bergweiler, Head of Germany, Austria, Central and Eastern Europe and Greece at J.P. Morgan Asset Management.
The two bond index ETFs enable investors to participate in the performance of euro-denominated government bonds from the euro zone and US dollar-denominated bonds issued in various emerging markets.
The three new active ETFs provide investors with access to active investment strategies with equities, bonds and futures. The “JPM USD Ultra-Short Income UCITS ETF” invests in US dollar-denominated short-term fixed and floating-rate investment grade bonds. The “JPM Managed Futures UCITS ETF” uses derivative financial instruments on global stock, bond, currency and commodity markets for its investment strategy. The “JPM Equity Long-Short UCITS ETF” is based on a portfolio of long and short positions on global equities.
|J.P. Morgan ETFs (Ireland) ICAV||ISIN||Xetra code||Ongoing charges|
|JPM BetaBuilders EUR Govt Bond 1-3 Yr UCITS ETF||IE00BYVZV757||JE13||0.10%|
|JPM USD Emerging Markets Sovereign Bond UCITS ETF||IE00BDFC6G93||JPBM||0.39%|
|JPM USD Ultra-Short Income UCITS ETF||IE00BDFC6Q91||JPPS||0.22%|
|JPM Managed Futures UCITS ETF||IE00BF4G7290||JPGM||0.57%|
|JPM Equity Long-Short UCITS ETF||IE00BF4G7308||JPQE||0.67%|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,237 exchange traded funds. This selection, together with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.
Xetra® and XTF® are registered trademarks of Deutsche Börse AG.