Alternative Investments/ESG: JP Morgan Launches New Active, Thematic, Sustainable ETFs
The ETFs cover the themes of sustainable consumption, social advancement, and sustainable infrastructure.
JPMorgan Asset Management has launched the JPMorgan Sustainable Consumption ETF (CIRC), JPMorgan Social Advancement ETF (UPWD), and JPMorgan Sustainable Infrastructure ETF (BLLD), expanding its offering of active sustainable thematic ETFs. The three new PDFs address major trends developing in the future, offering clients access to alpha opportunities across a range of themes. (CISION PR NEWSWIRE)
JPMorgan Sustainable Consumption ETF (CIRC)
This ETF will offer investors opportunities to invest in companies that provide solutions for the preservation of natural resources, improvement of resource usage or the reduction of waste. Typical applications include the sustainable use of materials, production and design techniques, sustainable aquaculture, sustainable water systems, and recycling and reuse.
JPMorgan Social Advancement ETF (UPWD)
This ETF will invest in companies that provide goods and services that facilitate the economic empowerment of people, and help people and communities to survive and thrive. Typical applications include essential amenities, affordable housing, infrastructure, health and well-being, education, financing, and digital ecosystem.
JPMorgan Sustainable Infrastructure ETF (BLLD)
This ETF will provide investment opportunities in companies serving electricity, renewables, transport, water, digital, sustainable logistics, medical, social housing and education infrastructure – that is, sustainable infrastructure to facilitate a sustainable and inclusive economy. The coverage includes companies that provide social services such as medical operators, digital connectivity providers, enabling technologies, logistics and operational processes.
The funds will be listed on the NASDAQ stock exchange.
Fundspeak
“We are seeing strong demand from clients for active sustainable investing solutions that give them access to specific companies and sectors that are driving major global trends,” said George Gatch, Chief Executive Officer at J.P. Morgan Asset Management.
“Much of the rise in demand for sustainable ETFs have been met by passive strategies, which often don’t provide the nuance necessary in this complex and fast-moving space of the market,” said Bryon Lake, Global Head of ETF Solutions at J.P. Morgan Asset Management. “For sophisticated investors seeking intentionality when it comes to sustainable investing, we are excited to provide sustainable strategies that leverage active managers and tailored stock selection, backed by the breadth of research from our global fundamental equities team, sustainable investing team, and quantitative solutions team.”
Related Story: J.P. Morgan Asset Management Launches Climate Change ETF
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