J.P. Morgan has just announced the completion of the conversion of four mutual funds into ETFs bringing their active suite to 22 ETFs. J.P. Morgan has stated the change to ETFs will allow them to offer investor actively managed investment options in areas of the market that tend to be passive. The four new ETFs are: the JPMorgan Inflation Managed Bond ETF (JCPI), the JPMorgan Market Expansion Enhanced Equity ETF (JMEE), the JPMorgan Realty Income ETF (JPRE), and the JPMorgan International Research Enhanced Equity ETF (JIRE).
J.P. Morgan Completes Conversion Of Funds Into Active ETFs
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ETF Newz Says:
The conversion of these funds to ETFs is a good change as it will offer more active options in places where they weren’t before.