JPMorgan Dives Deeper Into Fixed-Income Funds With 2 Active ETFs
- JAGG fund will be based on AGG index with managers tweaking
- JIGB ETF to use research to guide selection of sectors, bonds
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When it comes to exchange-traded funds, fixed-income is hot. And JPMorgan Asset Management is pouring a little more gas on the fire.
JPMorgan Chase & Co.’s investment arm is launching two new ETFs Friday. One deploys a factor lens for a twist on the classic Bloomberg Barclays U.S. Aggregate Bond Index, also known by the shorthand AGG, and the other focuses exclusively on investment-grade credit. Both are actively managed.