Travis Hughes, head of Canada at JP Morgan Asset Administration, stated, “The introduction of the JP Morgan ETFs in Canada is a crucial development of our Canada market technique, with these choices representing the primary of a broad suite of lively ETF options we plan to ship over time.”
He added that Canada, being dwelling to the primary ETF, is a perfect marketplace for these merchandise, and that the itemizing of JEPI and JEPQ underscores JPMAM’s function as an lively supervisor with a variety of world merchandise.
The 2 ETFs deal with equities, aiming to offer Canadian buyers with capital appreciation and a gentle earnings stream. JEPI focuses on shares within the S&P 500, whereas JEPQ supplies publicity to the Nasdaq-100 Index.
These ETFs are managed by JP Morgan’s funding workforce, with a deal with providing buyers the benefits of actively managed merchandise.
George Gatch, CEO of JP Morgan Asset Administration, acknowledged, “We have been serving establishments in Canada for 41 years, and this launch marks a major milestone, enabling us to supply to a variety of Canadian buyers the numerous benefits of ETFs.”
