Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Premium Bonds tax rule could lead to HMRC bill
    • Funds for new Aboriginal child and family centre
    • Using a lump sum calculator before investing in mutual funds can help you avoid these three mistakes
    • Trump admin illegally froze Harvard funds, Judge says : NPR
    • Which ETF Should You Buy? How to Screen ETFs by Sector, Theme, Leverage, and More
    • Trust deed signed for new Midland Bank-sponsored mutual funds
    • Ethereum exchange reserves fall 38% as ETFs and treasuries lock up ETH
    • NBA legend Kevin Durant acquires minority stake in Paris Saint-Germain, expands partnership with Qatar Sports Investments | NBA News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Mutual Funds»JPMorgan to convert $7bn in mutual funds to ETFs
    Mutual Funds

    JPMorgan to convert $7bn in mutual funds to ETFs

    February 26, 2025


    Stay informed with free updates

    Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox.

    Latest news on ETFs

    Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools

    JPMorgan plans to convert four mutual funds totalling $7.2bn in assets to exchange traded funds, regulatory filings show.

    The fund conversions underscore JPMorgan’s increasing focus on ETFs as the asset manager does less in the mutual fund space, said Alyssa Stankiewicz, associate director for parent research at Morningstar.

    “This isn’t to say that they’re doing away entirely with the mutual fund structure,” Stankiewicz said. “However, they are being prudent when it comes to determining the best vehicle type for the existing line-up and new offerings.”

    JPMorgan declined to comment.

    This article was previously published by Ignites, a title owned by the FT Group.

    The group will convert the $5.7bn JPMorgan Mortgage-Backed Securities Fund, $1.1bn JPMorgan Unconstrained Debt Fund, $177.8mn JPMorgan International Hedged Equity Fund and $166.6mn JPMorgan US Applied Data Science Value Fund, it said on Tuesday.

    JPMorgan converted eight mutual funds to ETFs between April 2022 and July 2023, Morningstar Direct data shows.

    All of the ETFs recorded net inflows in the year ended January 31, according to the Chicago-based fund tracker. Combined, the ETFs posted nearly $850mn in net inflows over the 12-month period.

    The last open-end mutual fund the group launched — excluding new vintages of the SmartRetirement series — was its Preferred Income and Securities fund, which rolled out nearly three years ago, Stankiewicz said. The fund now has $1.2bn in assets, its website shows.

    JPMorgan had aggressively expanded into the ETF space and has gained significant market share in the highly competitive sector, said Aniket Ullal, head of ETF research at CFRA Research.

    JPMorgan had 64 ETFs listed in the US with nearly $200bn in assets as of February 14, Ullal said.

    The ETFs pulled in $45bn during the year ended January 31, Morningstar Direct data shows.

    The group’s mutual funds had $516bn in assets under management as of January 31, up from $435bn a year earlier, according to Morningstar data. JPMorgan’s mutual funds posted $10.2bn in net inflows during the year ended that date.

    About 40 fund shops have converted mutual funds to ETFs in recent years, Morningstar data shows. Fidelity, for example, refashioned 12 mutual funds as ETFs in 2023. And in 2021, Dimensional Fund Advisors switched over seven mutual funds.

    Across the US industry, there was $172bn in converted ETF assets as of February 14, compared to $40bn at the end of 2022, Ullal said.

    Overall, ETFs gathered $1.1tn in net inflows during the year ended January 31, while mutual funds leaked $428bn, according to Morningstar data.

    A major upside to converting mutual funds to ETFs is that the ETF inherits the fund’s established record and existing assets, which can attract investors seeking proven performance and stability, said Neena Mishra, director of ETF research at Zacks Investment Research.

    “Given investors’ growing preference for ETFs, many providers are converting their mutual funds into ETFs,” Mishra said. “DFA and JPMorgan have been at the forefront of this trend, which is likely to continue.”

    *Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Using a lump sum calculator before investing in mutual funds can help you avoid these three mistakes

    September 3, 2025

    Trust deed signed for new Midland Bank-sponsored mutual funds

    September 3, 2025

    A Fidelity Fund Misses Out on Soaring Bank Stocks

    September 3, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Premium Bonds tax rule could lead to HMRC bill

    September 3, 2025

    définition (Contrats à Impacts Social)

    October 12, 2016

    Qu’est-ce qu’un green bond ?

    December 7, 2017

    les cat’ bonds deviennent incontournables

    September 5, 2018
    Don't Miss
    Bonds

    Premium Bonds tax rule could lead to HMRC bill

    September 3, 2025

    The prize fund rate for Premium Bonds recently changedPremium Bonds savers have been warned about…

    Funds for new Aboriginal child and family centre

    September 3, 2025

    Using a lump sum calculator before investing in mutual funds can help you avoid these three mistakes

    September 3, 2025

    Trump admin illegally froze Harvard funds, Judge says : NPR

    September 3, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    China’s privately offered funds hit 19.64 trln yuan by end-September-Xinhua

    October 26, 2024

    Trump’s Big Beautiful Bill funds an unprecedented surge in federal law enforcement. Is it even possible?

    August 21, 2025

    Should You Sell Your Mutual Funds Now

    August 7, 2024
    Our Picks

    Premium Bonds tax rule could lead to HMRC bill

    September 3, 2025

    Funds for new Aboriginal child and family centre

    September 3, 2025

    Using a lump sum calculator before investing in mutual funds can help you avoid these three mistakes

    September 3, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.