J.P. Morgan Asset Management Introduces India Equity Active Exchange-Traded Fund
J.P. Morgan Asset Management Launches India-Focused ETF for Active Growth
J.P. Morgan Asset Management has entered the Indian equities market with the launch of a new Exchange-Traded Fund (ETF), the JRIN India Research Enhanced Index Equity Active UCITS ETF. The ETF, which is listed on the London Stock Exchange, Börse Xetra, Borsa Italiana, and SIX Swiss Exchange, aims to outperform the MSCI India 10/40 index by employing a bottom-up stock selection strategy.
The new ETF, managed by Lina Nassar and Sonal Tanna, primarily invests in a portfolio of Indian companies. With at least 67% of its assets allocated to India-focused companies, the fund seeks to achieve a long-term return in excess of the MSCI India 10/40 Index.
The active equity strategy of JRIN provides flexibility in stock selection, rather than strictly tracking an underlying index. The fund utilizes research-enhanced, bottom-up stock picking to identify companies expected to outperform the broader MSCI India 10/40 benchmark.
The ETF is UCITS compliant, making it suitable for European investors with regulatory protections. With a Total Expense Ratio (TER) of 40 basis points, JRIN offers exposure to Indian equities with active management intended to add value beyond passive index tracking.
The launch of JRIN is a strategic move to expand the firm's offerings in the emerging markets sector. It is a significant step in J.P. Morgan Asset Management's growth strategy in the emerging markets sector, demonstrating the firm's commitment to providing investors with core building block solutions.
The investment team managing JRIN has access to insights from over 50 emerging markets research analysts, covering over 1,000 securities globally. The ETF's active management strategy involves overweighting securities with the highest potential to outperform and underweighting those considered most overvalued.
The dynamic opportunities within India's evolving economic landscape are being capitalized on through the launch of JRIN. With $28bn in Assets Under Management (AUM) across the range, and leveraging JPMAM's 30-year time-tested REI active investment process, the fund brings the firm's number of REI ETFs to 14.
The launch of JRIN is a testament to J.P. Morgan Asset Management's dedication to offering diverse investment options to its clients. It is an indication of the firm's confidence in the growth potential of India's economy. The ETF's launch underscores J.P. Morgan Asset Management's focus on providing solutions that cater to emerging markets.
- The active growth ETF, JRIN India Research Enhanced Index Equity Active UCITS ETF, managed by J.P. Morgan Asset Management, focuses on finance by primarily investing in a portfolio of Indian companies, aiming to outperform the MSCI India 10/40 index through employing an active equity strategy and utilizing technology for research-enhanced, bottom-up stock picking.
- The new ETF, with a Total Expense Ratio (TER) of 40 basis points, seeks to generate long-term returns in excess of the MSCI India 10/40 Index by investing in assets, primarily in Indian companies, and leveraging technology for active management and capitalizing on dynamic opportunities within India's evolving economic landscape.
