J.P. Morgan Asset Management has listed the JPMorgan Flexible Income ETF (JFLI) on the New York Stock Exchange today.
This marks the firm’s first active multi-asset ETF. The multi-asset income category represents a $500 billion opportunity, and J.P. Morgan predicts expanding as the ETF space continues to mature.
JFLI offers a combination of traditional securities and derivatives. It’s design aims to provide investors with a blend of income and capital growth.
Led by a team of seasoned experts, including Michael Schoenhaut, Eric Bernbaum, and Gary Herbert, the fund invests in a wide array of income-producing assets. The fund spans both developed and emerging markets, using J.P. Morgan’s deep asset class insights. It has an expense ratio of 0.35%.
“JFLI is a game-changer in income investing,” said Jamie Kramer, CIO and Global Head of Multi-Asset Solutions. “We’re using diverse asset classes and our global expertise to create a solution that adapts to the fast-changing market.”
“The JPMorgan Flexible Income ETF is a major step in our active ETF strategy,” said John Harrington, global head of ETF Product at JPMAM. “It offers flexibility, diversification, and efficiency, helping investors navigate complex markets and meet their income goals.”
Harrington adds that by blending active ETF technology with multi-asset investing, they offer investors a strong strategy that delivers flexibility, diversification, and efficiency to tackle complex markets and pursue financial goals. JFLI is the latest addition to J.P. Morgan’s existing income-focused ETFs such as the JPMorgan Equity Premium Income Fund (JEPI ).
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