J.P. Morgan Asset Management Launches JPMorgan Flexible Income ETF on NYSE Fund Aims to Deliver Attractive Income and Capital Growth
NEW YORK, February 13, 2025 – J.P. Morgan Asset Management (JPMAM) today announced the launch of the JPMorgan Flexible Income ETF (NYSE: JFLI) on the New York Stock Exchange. This new active ETF represents the Multi-Asset Solutions team’s first foray into actively managed multi-asset ETFs, designed to offer investors a compelling combination of income and capital growth.
The multi-asset income category presents a $500 billion opportunity, and J.P. Morgan Asset Management anticipates continued growth as the ETF market in this space matures. JFLI offers a unique way for clients to access income through both traditional securities and derivatives-based strategies, complementing J.P. Morgan’s existing income-oriented ETF offerings.
“JFLI is a game-changer in income investing. By harnessing the power of diverse asset classes and our global expertise, we're delivering a dynamic solution that not only meets our clients' income needs but also thrives in today's fast-paced market environment,” said Jamie Kramer, CIO and Global Head of Multi-Asset Solutions.
Managed by a team of experienced professionals—Michael Schoenhaut, Eric Bernbaum, and Gary Herbert, who bring decades of experience managing some of the industry’s most prominent income funds. The strategy leverages insights from J.P. Morgan’s asset class specialists. The fund invests in a diverse range of income-producing securities, including direct equity holdings and fixed income ETFs, across both developed and emerging markets worldwide.
"The launch of the JPMorgan Flexible Income ETF is a significant milestone in our active ETF strategy, providing a differentiated approach to income investing," said John Harrington, Global Head of ETF Product. “Combining Active ETF technology with the benefits of multi-asset investing provides investors with a robust approach, offering flexibility, diversification, and efficiency to navigate complex markets and work towards their financial goals. With our expertise in asset allocation and risk management, alongside our desire to help clients achieve their income goals, we’re thrilled to add JFLI to our ETF lineup.”
The JPMorgan Flexible Income ETF is structured with a moderately aggressive risk profile, comprising 75% global equity and 25% core fixed income. The fund seeks to maximize income while maintaining prospects for capital appreciation, targeting a yield of 6-8% and priced competitively at 35 basis points.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $3.6 trillion (as of 12/31/2024), 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. For more information, visit: www.jpmorgan.com/am.
About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.0 trillion in assets and $345 billion in stockholders’ equity as of as of 12/31/2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Investors should carefully consider the investment objectives and risks as well as charges and expenses of the JPMorgan ETF before investing. The summary and full prospectuses contain this and other information about the ETF. Read the prospectus carefully before investing. Call 1-844-4JPM-ETF or visit www.jpmorganETFs.com to obtain a prospectus.
Investing involves risk. Including possible loss of on an investment.
J.P. Morgan Funds 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.