FYI: Today J.P. Morgan is rolling out an actively managed ETF that targets the “ultra-short-term” portion of the USD-denominated investment-grade debt space. The stated goal of the JPMorgan Ultra-Short Income ETF (JPST) is to provide current income while achieving low volatility of principal, according to the prospectus.
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/etf-watch-jp-morgan-launches-bond-fund
