PURSUE A RANGE OF OUTCOMES WITH ACTIVE ETFs
Active ETFs offer flexibility to pursue specific outcomes — whether that’s generating income, outperforming a passive index or reducing risk
SOLUTIONS FOR ANY PORTFOLIO NEED
Portfolio Manager and Head of U.S. Equity Derivatives
Portfolio Manager of JPST
Head of the Tax Aware Strategies team
Global Fixed Income
1Source: J.P. Morgan Asset Management as of March 31, 2020
2Source: IMF, Sovereign Wealth Fund Institute and Towers Watson, latest available data as of March 31, 2020.
Risk Summary: Investments in asset-backed, mortgage-related and mortgage-backed securities are subject to certain risks including prepayment and call risks, resulting in an unexpected capital loss and/or a decrease in the amount of dividends and yield. During periods of difficult credit markets, significant changes in interest rates or deteriorating economic conditions, such securities may decline in value, face valuation difficulties, become more volatile and/or become illiquid. The risk of a municipal obligation generally depends on the financial and credit status of the issuer. Changes in a municipality’s financial health may make it difficult for the municipality to make interest and principal payments when due. Under some circumstances, municipal obligations might not pay interest unless the state legislature or municipality authorizes money for that purpose. Municipal obligations may be more susceptible to downgrades or defaults during recessions or similar periods of economic stress.