Get more! Sign up for PLANSPONSOR newsletters.
Products September 9, 2010
J.P. Morgan Announces New Long/Short Fund
September 9, 2010 (PLANSPONSOR.com) - J.P. Morgan Funds has launched a new equities mutual fund, the JP Morgan Research Equity Long/Short Fund (A shares: JLSAX).
Reported by PLANSPONSOR staff
The Research Equity Long/Short Fund seeks to provide individual investors with exposure to equity-like returns while striving to reduce downside risk and limit volatility, according to a press release. The fund is managed by senior portfolio manager Terance Chen, who has more than 16 years of investment experience at J.P. Morgan and who is also lead manager of the JP Morgan Research Market Neutral Fund (A shares: JMNAX).
In order to provide long term capital appreciation, the announcement said, the fund engages in the following strategies:
- Using the research team’s insights, the portfolio invests in attractively valued securities, offset by short positions in stocks which appear expensive. Long/short pair trades within sectors aims to generate returns while minimizing volatility.
- Maintains a relatively low net market exposure to minimize market risk while emphasizing bottoms-up, fundamental stock selection in generating returns.
- The Fund invests primarily in U.S. securities and does not employ leverage or use of derivatives, beyond cash futures.
More information is at http://www.jpmorganfunds.com.
You Might Also Like:
Products |
Investment Product & Service Launches
Nestimate announces in-plan retirement income analytics tool for advisers; Savvy Wealth launches direct indexing investment product; Broadridge, Paychex partner on...
Products |
Investment Product and Service Launches
Breckinridge launches dividend income strategies; Eastspring offers CIT with emerging markets exposure; Nomura starts fund focused on private and public...
Real Asset Allocations in Target-Date Funds
Real asset allocations are important for select plan participants.