On May 4, 2022, J.P. Morgan Asset Management announced the launch of r/JEPQ (JPMorgan Nasdaq Equity Premium Income ETF).
The fund will be comprised of a portfolio of equity securities of large cap companies included in the Nasdaq-100 Index and will incorporate an options strategy to generate income while lowering the volatility of the overall portfolio. It seeks to deliver a monthly income stream from associated option premiums and stock dividends.
JEPQ’s expense ratio is 0.35%.
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