Funds leverage advanced data
insights
NEW
YORK, Aug. 8, 2024 /PRNewswire/ -- J.P. Morgan
Asset Management (JPMAM) today announced the launch of the
JPMorgan Fundamental Data Science (FDS) Suite on the Nasdaq
Stock Exchange. The Suite is comprised of three new active ETFs,
incorporating data science for their portfolio construction:
JPMorgan Fundamental Data Science Large Core ETF (LCDS),
JPMorgan Fundamental Data Science Mid Core ETF (MCDS),
and JPMorgan Fundamental Data Science Small Core ETF
(SCDS).
In managing the funds, the adviser employs a sophisticated
investment approach that leverages data science to build a
fundamentally selected equity portfolio. This data science-based
investment process is currently applied to two strategies with over
$15 billion in total assets under
management: the JPMorgan Applied Data Science Value Fund (JPIVX)
and the equity portfolio underlying the JPMorgan Nasdaq Equity
Premium Income ETF (JEPQ).
"The launch of the FDS Suite marks a key step in our active ETF
strategy as we implement a fundamental approach to navigate today's
complex markets," added Jonathan
Sherman, Head of the U.S. Equity Investment Specialist Team
at J.P. Morgan Asset Management. "By combining advanced data
science capabilities with our experienced investors and robust risk
management, we aim to deliver outcomes that help clients reach
their financial goals with confidence."
This process integrates research, data insights, and risk
management by extracting valuable insights from various information
sources. Using proprietary techniques, the adviser processes,
analyzes and combines a wide array of data, including decades of
proprietary fundamental research, company financial statements, and
other relevant information, which help forecast the financial
prospects of each security, identifying those that are priced
favorably relative to their associated levels of risk.
Eric Moreau, executive director,
and Andrew R. Stern, executive
director, will serve as co-portfolio managers for the FDS Suite.
Eric is a portfolio manager on the U.S. Disciplined Core Equity
Team and previously held roles on the Equity Data Science, Core
Research, and U.S. Disciplined Core Equity Quantitative Research
teams at JPMorgan, where he integrated his passions for data
science and financial analysis.
Andrew R. Stern is a portfolio
manager on the U.S. Core Equity Team, where he is the lead
portfolio manager on the U.S. Sustainable Leaders and U.S. GARP
Funds, and a co-portfolio manager on the Fundamental Data Science
suite of funds. Andrew is also a long-tenured member of the firm's
Sustainable Investment Leadership Team (SILT), and a voting member
of JPMAM's North America Proxy Committee.
"ETFs are liquid, transparent, cost-effective, tax-efficient,
and flexible—that's why ETF technology is quickly becoming the
vehicle of choice for financial advisors, their clients, and
increasingly, institutions," said Jed
Laskowitz, Global Head of Asset Management Solutions at J.P.
Morgan Asset Management. "We're thrilled to add the JPMorgan
Fundamental Data Science suite of Active ETFs to our lineup."
The JPMorgan Fundamental Data Science Large Core ETF, Mid Core
ETF, and Small Core ETF will be priced at 30, 35, and 40 basis
points, respectively.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of
$3.2 trillion as of March 31, 2024, is a global leader in investment
management. J.P. Morgan Asset Management's clients include
institutions, retail investors and high net worth individuals in
every major market throughout the world. J.P. Morgan Asset
Management offers global investment management in equities, fixed
income, real estate, hedge funds, private equity and liquidity. For
more information: www.jpmorganassetmanagement.com. J.P. Morgan
Asset Management is the marketing name for the asset management
businesses of JPMorgan Chase & Co., and its affiliates
worldwide.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial
services firm based in the United States
of America ("U.S."), with operations worldwide. JPMorgan
Chase had $4.1 trillion in assets and
$337 billion in stockholders' equity
as of March 31, 2024. The Firm is a
leader in investment banking, financial services for consumers and
small businesses, commercial banking, financial transaction
processing and asset management. Under the J.P. Morgan and Chase
brands, the Firm serves millions of customers in the U.S., and many
of the world's most prominent corporate, institutional and
government clients globally. Information about JPMorgan
Chase & Co. is available at www.jpmorganchase.com.
Investors should carefully consider the investment
objectives and risks as well as charges and expenses of the
JPMorgan ETF before investing. The summary and full prospectuses
contain this and other information about the ETF. Read the
prospectus carefully before investing. Call 1-844-4JPM-ETF or visit
www.jpmorganETFs.com to obtain a prospectus.
J.P. Morgan Funds are distributed by JPMorgan Distribution
Services, Inc., which is an affiliate of JPMorgan Chase & Co.
Affiliates of JPMorgan Chase & Co. receive fees for providing
various services to the funds. JPMorgan Distribution Services, Inc.
is a member of FINRA.
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SOURCE J.P. Morgan Asset Management