JPMorgan Asset Management has launched a new exchange – traded fund (ETF) called the Global Equity Premium Income UCITS ETF. JEGA (ticker symbol) combines stocks and options to find a balance between yield, capital growth, and risk management. It aims to offering investors a stable return of up to 9 per cent annualized.
This ETF aims to provide investors with income and long – term capital growth by investing in a portfolio of equity securities of companies globally and selling equity call options and equity index call options to generate income through the associated dividends and options premiums. The ETF has an expense ratio of 0.35 per cent and an average 52 – week premium of 0.12 per cent.
JEGA, listed today on the Italian Stock Exchange and London Stock Exchange, reflects the equity strategies of J.P. Morgan AM over the last 2 years.
Digitalization and new forms of global interactions are causing a change in finance, affecting both Wealth Management and Asset Management (especially in the EMEA area). Sustainable investing, personalized advice, or regulatory compliance are some of the trends that are impacting both sectors. (Redazione)