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J.P. Morgan Asset Management Expands Strategic Beta ETF Suite: JPME

NEW YORK, May 12, 2016 /PRNewswire/ -- J.P. Morgan Asset Management announced that its newest ETF, the JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME), will begin trading today. JPME is a natural addition to J.P. Morgan's successful strategic beta suite, which now includes eight product offerings.

Like all of the J.P. Morgan Diversified Return Equity ETFs, JPME is built to address the flaws of traditional indexing through a risk-managed, multi-factor process to help clients stay invested across market cycles by attempting to capture most of the upside with the goal of providing less volatility in down markets.

J.P. Morgan's ETF suite utilizes a unique two-step process that equally risk weights across sectors and applies a multi-factor screen using Value, Quality and Momentum. Similar to all of J.P. Morgan's strategic beta equity ETFs, it leverages the firm's active fund platform to bring you time-tested research, insights and portfolio management expertise.

The ETF tracks the Russell Midcap Diversified Factor Index, which is rebalanced on a quarterly basis and was thoughtfully constructed based on J.P. Morgan's active insights and risk management expertise.

"Investors remain wary of rising equity valuations, declining return expectations and slowing economic growth," said Robert Deutsch, Global Head of ETFs for J.P. Morgan Asset Management. "JPME helps to diversify risk more evenly across the portfolio, in an effort to reduce exposure to volatile sectors and securities. We've seen assets...