J.P. Morgan Asset Management expands its fully transparent active ETF lineup with the launch of the JPMorgan Active Value ETF (JAVA).
JAVA, co-managed by four industry veterans, is designed to deliver long-term capital appreciation and outperformance. Seeking mid and large cap companies attractively valued based on their longterm growth potential, JAVA leverages a bottom-up investment approach which focuses on fundamentals, quantitative screening, fundamental analysis, as well as ESG integration. Currently, the fund’s top sector allocations include financials, healthcare and industrials.
“JAVA supports the commitment to our growing active ETF suite by offering clients another tool that goes beyond the index to help investors avoid unprofitable and overvalued companies in the current environment,” said Bryon Lake, global head of ETF solutions at J.P. Morgan Asset Management. “We are excited to be combining complementary Large Cap Value platform managers with a strong track record and deep experience to deliver the best of active and the best of value investing at an attractive price point.”
Actively managed ETFs give investors the flexibility to help navigate market volatility and achieve long-term outperformance. Lake explains that these transparent actively managed equity products aim to deliver the best of J.P. Morgan through the technology of an ETF wrapper.
J.P. Morgan Asset Management’s full U.S. ETF suite includes 37 products with more than $66 Billion in assets under management. J.P. Morgan’s Global Equities platform manages $700 billion across US Equity, International Equity and EMEA investment strategies.