JPMorgan U.S. fixed income ETFs launched in Canada

Mr. Travis Hughes reports J.P. MORGAN ASSET MANAGEMENT LAUNCHES FIRST FIXED INCOME ETFS IN CANADA J.P. Morgan Asset Management Canada has launched JPMorgan U.S. Ultra-Short Income Active ETF (Toronto Stock Exchange: JPST) and JPMorgan U.S. Bond Active ETF (TSX: JBND). This marks the firm's first entry into the fixed income ETF (exchange-traded fund) market in Canada, expanding its offerings into a new asset class for investors. "The Canadian market continues to show significant demand for sophisticated investment solutions that help navigate shifting market dynamics. Over the past year we have launched six ETFs in Canada and are excited to be announcing the debut of our fixed income ETFs today. We are also celebrating the first-year anniversary of our Canadian ETF franchise," said Travis Hughes, head of Canada at J.P. Morgan Asset Management. "The launch of JPST and JBND reflect our ongoing commitment to delivering world-class active management to Canadian investors." JPST invests primarily in high-quality, short-term corporate and structured debt, aiming to provide investors with a conservative option for generating income. JPST currently seeks to achieve its investment objective through investing all or substantially all of its assets in JPMorgan Ultra-Short Income ETF, a U.S. ETF listed on the NYSE Arca, which is currently the largest actively managed fixed income ETF globally. Leveraging the conservative philosophy of JPMAM's global liquidity group, JPST is a step out of cash and aims to deliver current income while carefully managing risk. JBND is a core investment grade strategy designed to be the foundational piece of a client's plan. It prioritizes downside protection while seeking to achieve strong risk adjusted returns through active management. The strategy takes a disciplined, value-driven approach that relies on careful analysis of individual issuers and securities. JBND is supported by the broader resources of the firm, including a global research platform, where analysts average nearly two decades of experience. "We're excited to launch JPST and JBND in Canada, extending our global position as a leading provider of active fixed income ETFs," said Travis Spence, global head of ETFs for J.P. Morgan Asset Management. "Active management in fixed income is not only proven, but preferred, with over 70 per cent of pooled funds globally. ETFs offer an even more efficient way for fixed income investors to access the market, and we expect global active fixed income ETF assets to quadruple in the next five years. We will continue to expand our active fixed income ETF lineup in Canada to provide access to the full depth of our fixed income platform." With over 40 years of experience serving Canadian investors, J.P. Morgan Asset Management continues to expand its presence in the country. This latest offering builds on JPMAM's October, 2024, debut in the Canadian ETF market and is part of JPMAM's continued strategy to provide Canadian investors with differentiated, outcome-oriented solutions backed by institutional-grade expertise. JPST and JBND have closed their initial offering of units and are now trading on the Toronto Stock Exchange (TSX). About J.P. Morgan Asset Management J.P. Morgan Asset Management, with assets under management of $3.8-trillion (U.S.) (as of June 30, 2025), is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high-net-worth individuals in every major market throughout the world. The firm offers global investment capabilities across equities, fixed income, real estate, hedge funds, private equity and liquidity.