What is J.P. Morgan Asset Management Ultra-Short Income ETF?
J.P. Morgan Asset Management offers several Ultra-Short Income ETFs, which aim to provide investors with a higher yield than traditional money market funds, while still maintaining a short-term focus and low volatility. These ETFs invest primarily in short-term, investment-grade debt securities and may also include short-term government bonds, mortgage-backed securities, and other cash equivalents.
The J.P. Morgan Ultra-Short Income ETF (JPST) was previously the largest under the Ultra-Short Income ETF series. However, the JPMorgan Equity Premium Income ETF (JEPI) has recently surpassed it in size. The J.P. Morgan Ultra-Short Income ETF offers exposure to short term, high-quality fixed income securities and is designed for investors seeking current income and capital preservation.
Additionally, J.P. Morgan Asset Management has recently added an ESG filter to its three ultra-short income bond ETFs, including the JPMorgan USD Ultra-Short Income UCITS ETF (JPST). This filter aims to exclude companies that do not meet certain environmental , social, and governance (ESG) criteria, which may be of interest to investors who prioritize sustainability and responsible investing.
Investors should be aware of the risks associated with investing in ETFs, including the potential for market fluctuations, interest rate risk, credit risk, and liquidity risk. It is recommended to consult with a financial advisor before investing in any fund.
Frequently Asked Questions about j.p. morgan asset management ultra-short income etf
About JPMorgan Income ETF
(JPMIM or the adviser) believes have high potential to produce income and have low correlations to each other in order to manage risk. It has broad flexibility to invest in a wide variety of debt securities and instruments of any maturity.
The Fund seeks to provide current income while seeking to maintain a low volatility of principal. It will seeks to achieve its investment objective by primarily investing in investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt.
317 ETFs
| Ticker/Name | Segment | % Allocation |
|---|
| XLFFinancial Select Sector SPDR Fund | Equity: U.S. Financials | 9.19% |
| IYFiShares U.S. Financials ETF | Equity: U.S. Financials | 9.13% |
| KBWBInvesco KBW Bank ETF | Equity: U.S. Banks | 8.50% |
| FTXOFirst Trust Nasdaq Bank ETF | Equity: U.S. Banks | 8.43% |
Our goal is to create value for our clients.
Our approach to sustainable investing spans an ESG-integrated investment platform, ESG-enhanced stewardship to help companies manage the financially material ESG risks that they face, and a range of ESG-focused strategies.
JPST aims to deliver current income in a low-risk framework by investing in a diversified portfolio of US dollar-denominated short-term investment-grade fixed and floating-rate corporate and structured debt, while actively managing credit and duration exposure.
J.P. Morgan ETF List
| Name | Ticker | Total 3-Year Return (%) |
|---|
| JPMorgan Ultra-Short Income ETF | JPST | 1.60 |
| JPMorgan Ultra-Short Municipal Inc ETF | JMST | 0.84 |
| JPMorgan US Momentum Factor ETF | JMOM | 6.94 |
| JPMorgan US Quality Factor ETF | JQUA | 11.70 |
Invests primarily in investment-grade instruments with a duration of less than one year. May invest in corporate securities, Treasuries, repurchase agreements, money-market funds and high-quality money-market instruments such as commercial paper and certificates of deposit.
Summary. The JPST ETF is marketed as a cash replacement tool with superior yields compared to money market funds. However, its modest portfolio duration of 0.27 years caused it to underperform in 2022.
We invest for sustainable return in a sustainable world. Our goal is to create sustainable value for our clients. Our research-led approach is continually evolving to consider everything material to our clients' investments over the long term – including environmental, social and governance factors.
J.P. Morgan Alternative Asset Management (JPMAAM) is a dedicated, global provider of niche hedge fund strategies. Since its inception in 1995, JPMAAM has focused on developing customized solutions across the liquidity spectrum to help investors achieve their strategic investment objectives.
The largest Ultra-Short Term ETF is the SPDR Bloomberg 1-3 Month T-Bill ETF BIL with $33.54B in assets. In the last trailing year, the best-performing Ultra-Short Term ETF was IBHD at 10.34%. The most recent ETF launched in the Ultra-Short Term space was the Brookstone Ultra-Short Bond ETF BAMU on 09/27/23.
Investing in inverse ETFs is similar to holding various short positions, which involve borrowing securities and selling them with the hope of repurchasing them at a lower price. An inverse ETF is also known as a "Short ETF" or "Bear ETF."
Two of the most popular ETFs include index funds based on the Standard & Poor's 500 index and the Nasdaq 100 index, which contain high-quality businesses listed on American exchanges: Vanguard S&P 500 ETF (VOO), with an expense ratio of 0.03 percent. Invesco QQQ Trust (QQQ), with an expense ratio of 0.20 percent.
India's Top ETFs to Invest in for 2023
| Index ETFs | Gold ETFs | Currency ETFs |
|---|
| Motilal Oswal NASDAQ 100 ETF | IDBI Gold ETF | India Earnings WisdomTree Fund (EPI) |
| HDFC Sensex ETF | Invesco India Gold ETF | Market Vectors- India Rupee/USD ETN |
| SBI ETF Sensex | Aditya Birla Sun Life Gold ETF | |
| Edelweiss ETF - NQ30 | SBI ETF Gold | |
Ultra-short bond funds can invest in bonds with varying maturities; however, the average duration of the funds tend to be around one year or less. While their duration could be longer than that of money market funds, it tends to be shorter than other short- or medium-term bond funds.
Invests primarily in investment-grade instruments with a duration of less than one year. May invest in corporate securities, Treasuries, repurchase agreements, money-market funds and high-quality money-market instruments such as commercial paper and certificates of deposit.
