J.P. Morgan AM Lists Two Active ETF Products in Canada

J.P. Morgan Asset Management has listed two actively managed exchange-traded funds (ETFs) on the Toronto Stock Exchange: the JPMorgan US Value Active ETF (JAVA) and the JPMorgan US Growth Active ETF (JGRO).

JAVA is structured to identify companies with what the firm considers attractive valuations within a large cap value portfolio. JGRO focuses on identifying growth-oriented equity opportunities, with some flexibility across the market capitalization spectrum.

JAVA includes exposure to sectors such as financials, health care, and industrials, while JGRO includes sectors such as technology, communication services, and consumer discretionary.

“By not limiting investments to one category of equities, investors can position their portfolios to protect against market volatility while benefiting from the potential of rapidly growing segments,” said Jay Rana, head of Canadian advisor business at J.P. Morgan Asset Management.

JAVA and JGRO completed their initial unit offerings and began trading on March 25.

“The Canadian market continues to see strong demand for more sophisticated investment products that have the potential to provide returns and take advantage of a rapidly changing world,” added Travis Hughes, head of Canada at J.P. Morgan Asset Management.

In October 2024, JPMAM introduced two flagship Canadian ETFs, JEPI and JEPQ, expanding its reach into the Canadian market. It is currently the 2nd largest active ETF provider by assets under management with over $230 billion in ETF AUM and more than 100 ETFs across different asset classes.