NEW YORK, Oct. 31, 2018 /PRNewswire/ -- J.P. Morgan Asset
Management today announced the launch of the JPMorgan Municipal ETF (JMUB), an actively managed intermediate municipal ETF that
aims to preserve capital while providing income free from federal income taxes.
The strategy invests the majority of its assets in intermediate-term municipal securities, producing income that is exempt
from federal income taxation. The fund will focus on investment grade municipal securities, but has the ability to tactically
enter the high yield municipal space as opportunities emerge.
JMUB leverages the expertise of J.P. Morgan's Municipal Bond and Global Liquidity business with over 145 dedicated investment
professionals and 30 years of demonstrated results across market cycles.
"Historically, intermediate-term bonds tend to offer diversification and counterbalance when equities decline," said
Richard Taormina, head of the tax aware strategies team at J.P. Morgan Asset Management. "JMUB is
a great option for investors looking for a steady income stream and can potentially offer less downside risk in a volatile market
environment."
JMUB joins the recently launched JPMorgan Ultra-Short Municipal ETF (JMST) to provide investors with a full set of tools to
manage their tax-free fixed income exposure.
With these launches, J.P. Morgan Asset Management's ETF suite now features 29 product offerings with over $10 billion in assets under management. J.P. Morgan was awarded "Best New Alternatives ETF" for its JPMorgan
Managed Futures Strategy ETF (JPMF) product and earned "Best New International/Global Fixed-Income ETF" for its JPMorgan Global
Bond opportunities (JPGB) product at the fifth annual ETF.com Awards held in March
2018.1
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $1.8 trillion (as of
September 30, 2018), is a global leader in investment management. J.P. Morgan Asset Management's
clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P.
Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity
and liquidity. JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading global
asset management firm with assets of approximately $2.6 trillion (as of September 30, 2018) and operations worldwide. Information about JPMorgan Chase & Co. is available at
www.jpmorganchase.com.
J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its
affiliates worldwide.
Investors should carefully consider the investment objectives and risks as well as charges and expenses of an
ETF before investing. The summary and full prospectuses contain this and other information about the ETF and should be read
carefully before investing. To obtain a prospectus: Call 1-844-4JPM-ETF.
1 ETF.com Award winners are selected by a majority vote of the ETF.com Awards Selection Committee, a group of
independent ETF experts. Voting was completed by Jan. 20, 2018, and results were announced at the
ETF.com U.S. Awards Dinner on March 22, 2018.
J.P. Morgan Asset Management and JPMDS are not affiliated with ETF.com.
J.P. Morgan ETFs are distributed by JPMorgan Distribution Services, Inc., which is an affiliate of JPMorgan Chase & Co.
Affiliates of JPMorgan Chase & Co. receive fees for providing various services to the funds. JPMorgan Distribution Services,
Inc. is a member of FINRA/SIPC.
J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its
affiliates worldwide
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
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SOURCE J.P. Morgan Asset Management