JPMAM launches currency-hedged share classes on two ETFs

Unhedged versions launched in November 2017

J.P. Morgan Asset Management (JPMAM) has launched four currency-hedged share class versions of two existing alternative beta ETFs, in response to client demand.

The sterling-hedged versions of the JPM Equity Long-Short UCITS ETF and JPM Managed Futures UCITS have been listed on the London Stock Exchange while the euro share classes are listed on the Deutsche Boerse and Borsa Italia. The firm entered the European ETF space with the two unhedged versions in November 2017. The two ETFs look to provide similar returns to hedge fund strategies using advanced factor-based investing techniques. The hedged share classes will have the same total expense ratio (TER) as the unhedged versions, which is 0.57% for the managed futures ETF and 0.67% for t...