JPMorgan Chase & Co. expanded its Canadian asset management business with the launch of two new active ETFs on Tuesday.<\/p>\n
JPMorgan US Equity Premium Income Active ETF (JEPI) and JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ) trade on the TSX and provide broad exposure to U.S. stocks in the S&P 500 and Nasdaq-100 indexes, respectively. They also employ covered-call strategies and have management fees of 0.35%.<\/p>\n
The ETFs mark the firm\u2019s first foray into offering products for retail investors in Canada, said Travis Hughes, head of Canada with J.P. Morgan Asset Management in Toronto.<\/p>\n
The firm also has plans to offer alternative investments.<\/p>\n
\u201cPrivate equity, infrastructure, real estate, possibly private credit are all areas where we see opportunity for Canadian investors,\u201d Hughes said.<\/p>\n
Also on Tuesday, Manulife Investment Management announced the launch of three new ETF series: Manulife Alternative Opportunities Fund \u2013 ETF Series (Cboe: OPPS), Manulife Strategic Income Plus Fund \u2013 ETF Series (Cboe: PLUS), and Manulife Strategic Income Fund \u2013 ETF Series (Cboe: STRT).<\/p>\n
Management fees are 7.3%, 7.8% and 6.0%, respectively.<\/p>\n
Spartan Fund Management Inc. and Capital Asset Lending Inc. have launched a new fund to give retail and institutional investors access to CAL’s actively managed portfolios of residential mortgages.<\/p>\n
Capital Asset Income Fund provides exposure to the mortgages held by each of Mortgage Company of Canada Inc. and First Mortgage LP, a release said.<\/p>\n
Dynamic Funds has introduced U.S.-dollar units for three of its active ETFs: the Dynamic Active U.S. Equity ETF (TSX: DXUS.U), Dynamic Active U.S. Dividend ETF (TSX: DXU.U) and Dynamic Active Global Dividend ETF (TSX: DXG.U). The funds all have management fees of 0.75%.<\/p>\n","protected":false},"excerpt":{"rendered":"
The funds are part of the firm\u2019s Canadian expansion plans<\/p>\n","protected":false},"author":186339,"featured_media":407113,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2312,2315],"tags":[2801,3928,87170,2788,107131],"yst_prominent_words":[2138,7833,10021,25393,25395,27692,55582],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/493763"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/186339"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=493763"}],"version-history":[{"count":4,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/493763\/revisions"}],"predecessor-version":[{"id":493773,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/493763\/revisions\/493773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media\/407113"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=493763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=493763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=493763"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=493763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}