JPMorgan Expands Australian ETF Lineup With First Domestic Equity Fund

JPMorgan Asset Management has launched the JPMorgan Australia Equity Active ETF (JPOZ) on the ASX, marking its expansion into Australian equities. JPOZ uses a systematic multi-factor strategy combining value, quality and momentum signals to build a diversified portfolio and seek outperformance of the S&P/ASX 300. The ETF charges a 0.25% annual management fee and brings JPMAM’s Australian-listed lineup to 15 active ETFs across 10 distinct strategies. The same strategy is also available through the JPMorgan Australia Equity Fund.