J.P. Morgan has expanded its Canadian lineup with the launch of its first fixed income ETFs.
J.P. Morgan Asset Management has debuted its first set of fixed income exchange-traded funds (ETFs) in Canada with two new ETFs: the J.P. Morgan US Ultra-Short Income Active ETF (TSX: JPST) and the J.P. Morgan US Bond Active ETF (TSX: JBND). With the launch of these two ETFs, the company expands its local offering beyond equities making way into the Canadian bond ETF market. The two funds started trading on the Toronto Stock Exchange (TSX) on Tuesday