Money managers behind two of the funds trading on the world’s largest, actively managed exchanges are seeing how investors can keep their defenses without leaving the market.
Jon Maier’s company is behind the JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan Ultra-Short Income ETF (JPST). According to Vettafi, they are listed as No. 1 and No. 3 in the global size of the category.
Goal: Give negative side protection to investors while generating income.
“When it’s VIX [volatility] JP Morgan Asset Management Shief Strategist spoke to CNBC’s ETF Edge this week. “On the contrary… he told CNBC’s ETF EDGE that options are written out of money and provide some extremes in the underlying portfolio.
Jepi fell by about 3% in April, with volatility taking the market. At the time the market closed on Thursday, ETFs were about 4% off per year, with the S&P 500 down almost 5%.
According to the JPMorgan website, Jepi’s top holdings include MasterCard, Visa and Progressive.
Meanwhile, the JPMorgan Ultra-Short Income Fund focuses on bonds rather than US stocks. This fund is unprecedented this year.
“We will provide ballasts to our portfolio [and] The stability of investors trying to protect the principles,” Meyer said.
“I’m hiding to survive the storm.”
Mike Akins of ETF Action points out that these ETFs meet important investment needs in the market.
“This category is where people hide to survive the storm,” the company’s founding partner said in the show.
According to JP Morgan Asset Management, the JPMorgan Ultra-Short Income Fund was the second-highest active US bond ETFs from April 3rd to 10th.
Fix: Jon Maier’s company is behind the JPMorgan Equity Premium Income ETF and JPMorgan Ultra-Short Income ETF. Previous versions misplaced him.
