Travis Hughes, head of Canada at JP Morgan Asset Management, said, “The introduction of the JP Morgan ETFs in Canada is an important advancement of our Canada market strategy, with these offerings representing the first of a broad suite of active ETF solutions we plan to deliver over time.”
He added that Canada, being home to the first ETF, is an ideal market for these products, and that the listing of JEPI and JEPQ underscores JPMAM’s role as an active manager with a range of global products.
The two ETFs focus on equities, aiming to provide Canadian investors with capital appreciation and a steady income stream. JEPI focuses on stocks in the S&P 500, while JEPQ provides exposure to the Nasdaq-100 Index.
These ETFs are managed by JP Morgan’s investment team, with a focus on offering investors the advantages of actively managed products.
George Gatch, CEO of JP Morgan Asset Management, stated, “We’ve been serving institutions in Canada for 41 years, and this launch marks a significant milestone, enabling us to offer to a wide range of Canadian investors the many advantages of ETFs.”