JPMAM unveils four fixed income ETFs

The JPM GBP Ultra-Short Income UCITS ETF and the JPM EUR Ultra-Short Income UCITS ETF will offer investors exposure to short maturity bonds across the investment grade and government debt spectrum. The ETFs will be run by the firm's global liquidity managed reserves team and have total expense ratios (TER) of up to 0.22%, lowered to 0.18% until February 2021. The two ETFs are euro and sterling versions of the JPMorgan USD Ultra Short Income ETF, which was launched in January, and have return targets of between 0.2% and 0.4% over money market funds. The final two launches are the JP...