The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:JP Morgan Will Offer TDFs With ETFs Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, July 27, 2012

JP Morgan Will Offer TDFs With ETFs

News summary by MFWire's editors

J.P. Morgan will offer a series of target date funds that will be using both ETFs and actively managed funds.

Jason Kephart of InvestmentNews writes that this could be the passport of ETFs to 401(k).

Paul Justice, Morningstar's co-head of passive strategy research agreed.

“This is how ETFs get into 401(k) plans," he said. "Any newly launched multi-asset products are probably strongly considering ETFs to access markets.”

The JPMorgan SmartRetirement Blend funds will invest in ETFs in the large-cap equities category which will constitute up to 40 percent of the funds.

Kephart writes that these funds will be the first to use both active and passive management. The ETFs will give the fund leeway to charge lower fees than their actively-managed counterparts.

Expense ratio for the blend funds will be 85 basis points, while the JP Morgan SmartRetirement target date funds will charge 99 basis points.

Franklin Templeton [profile] target date funds has started to allocate 5 percent of assets in ETFs and plans to increase it to 10 percent, according to a report from Reuters

Edited by: HFD

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use