FYI: J.P. Morgan today launched its fourth alternatives ETF. The JPMorgan Long/Short ETF (JPLS) is an actively managed fund that uses various return factors to determine whether a security is attractive or not. It will take long positions in attractive stocks, while shorting those deemed unattractive.
JPLS comes with an expense ratio of 0.69% and lists on the NYSE Arca.
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/jp-morgan-adds-alts-etf-lineup
