JPMorgan Managed Futures Strategy ETF (JPMF): Price and Financial Metrics ETF

JPMorgan Managed Futures Strategy ETF (JPMF) ETF Bio

The investment objective of the JPMorgan Managed Futures Strategy ETF seeks to provide exposure-directly or via derivatives-to the performance of equities, debt securities, commodities and currencies. As an alternatives strategy, managed futures approaches are intended to be a source of uncorrelated returns and offer distinct risk and return profiles. JPMF’s strategy will focus on gaining exposure to individual return factors, defined in the prospectus as momentum and carry trades. To capture momentum, the fund will take long and short positions via futures or forward contracts across the fund’s targeted asset classes. With regard to carry trades, the fund will look to exploit differences in interest rate yields in the fixed-income space and the prices of futures contracts for commodities, while in the currencies space, it will invest in higher-yielding currencies while shorting those that have lower yields.