Reported about 1 month ago
JPMorgan Chase & Co. has filed to launch a new ETF called the JPMorgan Flexible Income ETF (JFLI), aimed at balancing income and growth, while simultaneously liquidating two existing ETFs, the JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF and the JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF. The new ETF will feature a low expense ratio of 0.35% and target a variety of income-producing investments. Liquidation of the two funds will take place on October 25, following the last day of trading on October 18.
Source: YAHOO