JPMorgan Launches Carbon Transition ETF: Portfolio Products

AJ Gonzalez | December 16, 2020

Think Advisor, By Jeff Berman | December 14, 2020 at 09:59 AM

J.P. Morgan Asset Management has introduced the JPMorgan Carbon Transition U.S. Equity ETF(JCTR, with a 0.15% net expense ratio) on the New York Stock Exchange.

The new, sustainable exchange-traded fund offers core exposure to U.S. equities and is out to offer investors at least 30% less carbon intensity than the Russell 1000 index, and a year-on-year de-carbonization target of at least 7%. That is in line with the EU Climate Transition Benchmark framework for sustainable investing, the firm says.

“JCTR will use a forward-looking proprietary research framework to identify which companies, across all sectors, may be best positioned to benefit from the transition to a low carbon economy,” according to the firm.

JCTR will track the JPMorgan Asset Management Carbon Transition U.S. Equity Index that was built to achieve a meaningful reduction in carbon intensity without relying on exclusions or sector deviations, it says.

Including JCTR, J.P. Morgan Asset Management’s U.S. ETF suite now features 32 product offerings with more than $40 billion in assets under management, it says.


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