{"id":397478,"date":"2020-12-10T09:33:39","date_gmt":"2020-12-10T14:33:39","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397478"},"modified":"2020-12-10T09:33:39","modified_gmt":"2020-12-10T14:33:39","slug":"j-p-morgan-asset-management-launches-carbon-transition-u-s-equity-etf-jctr","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/j-p-morgan-asset-management-launches-carbon-transition-u-s-equity-etf-jctr\/","title":{"rendered":"J.P. Morgan Asset Management Launches Carbon Transition U.S. Equity ETF: JCTR"},"content":{"rendered":"
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Aligned with JPMAM’s Sustainable Investment Framework, the fund seeks to capture benefits from the transition to a lower-carbon economy and provide broader U.S. equity exposure<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n NEW YORK<\/span>, Dec. 10, 2020<\/span> \/PRNewswire\/ —\u00a0J.P. Morgan Asset Management<\/a>\u00a0today launched the JPMorgan Carbon Transition U.S. Equity ETF (JCTR<\/b>). The sustainable ETF will offer core exposure to U.S. equities with a low tracking error, compared to the Russell 1000 Index, and aim to have a meaningful reduction in carbon intensity.<\/p>\n

\n JCTR<\/b>\u00a0will 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. JCTR<\/b> will track the JPMorgan Asset Management Carbon Transition U.S. Equity Index<\/b>, which was built to achieve a meaningful reduction in carbon intensity without relying on exclusions or sector deviations. JCTR<\/b> will seek 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%, in line with EU Climate Transition Benchmark (CTB) framework for sustainable investing. <\/p>\n

\n JPMAM Carbon Transition Investment Framework<\/b>\n <\/p>\n

Created by JPMAM’s Sustainable Investing and Quantitative Beta Solutions (QBS) teams, the carbon transition investment framework underpinning the new index is constructed to help mitigate the risks of climate change by reducing carbon emissions and leaning into the opportunities and technologies required for a successful transition to a low carbon world. The framework, which was applied to a Large Cap US Equity starting investment universe, seeks to differentiate the leaders from the laggards by evaluating:<\/p>\n