J.P. Morgan Asset Management Launches JPMorgan Active Growth ETF (JGRO)
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Tuesday, August 9, 2022
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NEW YORK, Aug. 9, 2022 /PRNewswire/ -- J.P. Morgan Asset Management (JPMAM) today announced the launch of JPMorgan Active Growth ETF (JGRO), an actively managed style pure growth ETF that seeks to outperform the Russell 1000 Growth Index. The strategy follows a bottom-up approach and aims to identify companies with growth potential that is underappreciated by the market.
Key Points:
- NEW YORK, Aug. 9, 2022 /PRNewswire/ --J.P. Morgan Asset Management (JPMAM) today announced the launch of JPMorgan Active Growth ETF (JGRO), an actively managed style pure growth ETF that seeks to outperform the Russell 1000 Growth Index.
- "As investors look to navigate today's unique market environment, JGRO provides access to opportunities across J.P. Morgan's Growth Platform, combined with the benefits of the active ETF structure," said Bryon Lake, Global Head of ETF Solutions, J.P. Morgan Asset Management.
- JGRO compliments the firm's existing style pure offerings, including JPMorgan Active Value ETF (JAVA), an active equity ETF managed by Clare Hart, Scott Blasdell, David Silberman and Andrew Brandon.
- J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide.