JP Morgan marks ETF debut with government bond index

JP Morgan has entered the ETF market with a fund based on its government bond index (GBI) listed on Euronext stock exchange. The fund will track more than 200 government bonds of countries in the eurozone, and the bank has plans to roll out ETFs across their entire GBI family.

Although JP Morgan has in the past offered ETF launch services, this is the first time that it has created its own ETF, in response to client demand for access to its GBI index. No funds have been launched on JP Morgan

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