J.P. Morgan Asset Management (JPMAM) announced the launch of a series of new ETFs, building out its range of active sustainable thematic exchange traded funds. The new funds include the JPMorgan Sustainable Consumption ETF (CIRC), JPMorgan SocialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Advancement ETF (UPWD), and JPMorgan Sustainable Infrastructure ETF (BLLD).
The announcement follows the launch in December 2021 of JPMAM’s first active sustainable ETF strategy, the JPMorgan Climate Change Solutions ETF (TEMP), targeting investments in companies positioned to benefit from the growing demand for climate change solutions.
According to JPMAM CEO George Gatch, the launch of the suite of sustainability themed ETFs comes amidst “strong demand from clients for active sustainable investing solutions that give them access to specific companies and sectors that are driving major global trends.”
Gatch added:
“J.P. Morgan’s leadership and skill in active investing, combined with the benefits of the ETF structure, creates more opportunity for our clients to target specific exposures in their sustainable investing allocations.”
Each of the new ETFs will invest in companies expected to benefit from key sustainability-related themes, targeting those facilitating or developing solutions. The Sustainable Consumption fund will target companies developing solutions that help preserve natural resources, improve resource use or reduce waste, including key sub-themes such as sustainable water systems, sustainable agriculture and food, and sustainable production technologies, sustainable materials and design, recycling and re-use. Key subthemes for the SocialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Advancement ETF include essential amenities, affordable housing and infrastructure, healthcare and wellbeing, education and training talent, attainable financing, and accessing the digital ecosystem, while the Sustainable Infrastructure ETF will invest in areas ranging from electricity, renewables and transport infrastructure, to water, digital, sustainable logistics, medical, socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. housing and education infrastructure.
Bryon Lake, Global Head of ETF Solutions at J.P. Morgan Asset Management, said:
“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.”
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