Goldman Sachs and J.P. Morgan launch active ETFs

Several actively managed exchange-traded funds (ETFs) have been highlighted, focusing on diverse global asset classes.

J.P. Morgan offers the JPM Emerging Markets Local Currency Bond Active UCITS ETF (JLOE), which targets investment goals through a global portfolio of listed stocks and securities. The fund has a total expense ratio (TER) of 0.25% per year and follows the J.P. Morgan GBI-EM Gbl Div TR USD index.

Goldman Sachs has introduced two active funds. The GQDW ETF is a global equity fund aiming for long-term capital growth by physically replicating the MSCI World NR USD index, with a TER of 0.25% and current assets of 3 million USD. The GQUD ETF focuses on US equities, physically replicating the S&P 500 NR USD index with a TER of 0.20% and assets totaling 3 million USD.