J.P. Morgan Asset Management Launches 59bp Multi-Asset Futures Plus ETF
JPM•J.P. Morgan Asset Management launched the JPMorgan Managed Futures Plus ETF (JPFP), a multi-asset fund blending U.S. large-cap equity exposure with systematic managed futures strategies for capital appreciation and diversification. Managed by the $529 billion Multi-Asset Solutions team, JPFP offers low to negative correlation and carries a 59 basis-point expense ratio.
1. Launch Details
On May 28, J.P. Morgan Asset Management introduced the JPMorgan Managed Futures Plus ETF (JPFP) on the NYSE, expanding the firm’s active ETF lineup and reinforcing its position in the global multi-asset ETF market.
2. Fund Strategy
JPFP combines a U.S. equity sleeve providing broad large-cap stock exposure with a managed futures sleeve that uses systematic models to take long and short positions across equities, fixed income, currencies and commodities.
3. Management Team
The ETF is overseen by the Multi-Asset Solutions team, drawing on its $529 billion in assets under management and supported by quantitative and fundamental researchers with cross-asset expertise.
4. Pricing and Positioning
With a 59 basis-point expense ratio, JPFP targets potential low to negative correlation to traditional stocks and bonds, positioning itself as a diversification tool for client portfolios.
