Launch of investment products and services

JP Morgan Asset Management launches JPMorgan Active China ETF

J.P. Morgan Asset Management announced the launch of the JPMorgan Active China ETF. The fund is designed to provide a portfolio of “best ideas” Chinese stocks by focusing on an investment process driven by bottom-up stock selection.

Managed by JPMorgan Asset Management (Asia and the Pacific) Ltd., the fund uses leverage of Greater China research team within JP Morgan Emerging Markets and Asia and the Pacific Equity team.

“The launch of the JPMorgan Active China ETF is another example of our commitment to providing innovative and differentiated investment solutions to clients,” they said Lake Bryan, global head of ETF solutions at JP Morgan Asset Management. “There are many opportunities in China that investors want to invest in purposefully, and we are excited to offer them a strategic option to take advantage of.”

First Trust Launches Inflation-Sensitive First Trust Bloomberg ETF

First Trust Advisors LP announced the launch of a new exchange-traded fund, the First Trust Bloomberg Inflation Sensitive Equity ETF.

The Fund seeks investment results that generally correspond to the price and yield of the Bloomberg Inflation-Sensitive Equity Index.

The FTIF aims to combat inflation by investing in companies in the energy, materials and real estate sectors. These companies generate high free cash flow and have historically performed well during inflationary cycles.

“We believe high inflation is one of the most important challenges facing investors in 2023,” said Ryan Isakainen, senior vice president and ETF strategist at First Trust, in a statement. “High-quality stocks from sectors that have historically benefited from rising prices can help investors navigate this environment.”

Modern Capital Announces Tactical Capabilities Capital Fund

Modern Capital Inc. announced that the Modern Capital Tactical Opportunities Fund is available to investment advisors who have custody of client accounts at Charles Schwab.

“Our goal is to be on all the major RIA platforms that investment advisors use every day. Charles Schwab is a game changer for our firm and we are eager to get to work,” said Michael Piercehead of institutional distribution at Modern Capital, in a statement.

The Fund seeks to provide income and capital gains by investing a significant portion of the portfolio in closed-end funds, exchange-traded funds and sponsored American Depositary Receipts. Unlike funds with a narrow mandate, limiting portfolio managers’ ability to react to changing market conditions, MCTDX allows for greater freedom of action.

Mirae Asset mutual fund launches Smart Beta ETF

The Mirae Asset Financial Group announced the launch of Mirae Asset Nifty 100 Low Volatility 30 ETF. The product is a smart beta ETF that aims to measure the performance of securities in the large market capitalization segment.

Key highlights of Nifty 100 Low Volatility 30 Index ETF include:

  • In the short term, it can be used as an investment during bear markets/volatile markets;
  • In the long term, it can be used for investment because the product has generated higher risk-adjusted returns over a longer period;
  • It has a relatively lower drawdown compared to the broad market; and
  • It provides an alternative sector exposure that is different from the Nifty 100 index.

“Smart beta strategies typically capture factor exposures using systematic, rule-based approaches in a cost-effective manner,” Mirae Asset’s head of ETF products, Siddhartha Srivastava, said in a statement. “[The] The Nifty 100 Low Volatility 30 Index aims to generate better risk-adjusted returns over a longer period and provides alternative sector exposure. This fund can be used by investors who are wary of portfolio volatility and downside risk and wish to generate long-term wealth with relatively lower risk.

Brown Advisory Launches Sustainable Value Mutual Fund

Brown advice announced the launch of the Brown Advisory Sustainable Value Fund.

The fund invests in large market capitalization companies with durable fundamentals and capital discipline that are considered undervalued by the portfolio manager. Companies must meet the fund’s environmental, social and governance criteria.

The fund will be managed by Michael Poggiwho joined Brown Advisory as an equity analyst in 2003. During his tenure, he has covered a number of sectors with a focus on value investment opportunities.

“The Sustainable Value Fund is unique because it combines Brown Advisory’s expertise in sustainable research with our long-standing experience in large-cap and value investing,” said Poji in a statement. “We believe this approach allows us to uncover undervalued companies that others may overlook. We believe the result of integrating our fundamental research with an ESG lens, using our extensive and diverse team of analysts, will drive our ability to deliver returns for our investors.”

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