Global X S&P 500 Covered Call ETF Forum

The time has come: JPMorgan launches JEPI and JEPQ in Europe

On October 29, 2014, JPM launched the two extremely popular US funds JEPI and JEPQ in Europe:

JEPI

https://am.jpmorgan.com/de/de/asset-management/adv/products/jpm-us-equity-premium-income-active-ucits-etf-usd-dist-ie000u5mjoz6

JEPQ

https://am.jpmorgan.com/de/de/asset-management/adv/products/jpm-nasdaq-equity-premium-income-active-ucits-etf-usd-dist-ie000u9j8hx9

These are interesting alternatives to $QYLE (+1.32%) and $XYLP (+0.44%) in my opinion. Let's see how long it takes for the two funds to become tradable with the usual brokers.

In the meantime, the fund volume of the global variant has $JEGP (-0.21%) has continued to increase significantly. The fund has now raised more than USD 300 million, and the trend is still rising. There appears to be a great deal of interest in this monthly distributing income ETF with its underlying global low-volatility equity basket.

JEPI and JEPQ soon for European investors?

Yesterday it came to my attention that JPMorgan is apparently preparing to launch the extremely popular US ETFs JEPI and JEPQ in Europe.

JPMorgan ETFs (Ireland) ICAV - US Equity Premium Income Active UCITS ETF

JPMorgan ETFS (Ireland) ICAV - Nasdaq Equity Premium Income Active UCITS ETF

The UCITS versions of JEPI and JEPQ focus exclusively on US securities and could be used to actively manage a global equity portfolio. $JEGP (-0.21%)The JEPI and JEPQ complement the JPMorgan ETF, which actively manages a global equity portfolio and sells index call options.

JEGP has raised more than USD 250 million (AUM) in just a few months. I suspect JPM is happy with that so far.

In addition, these new funds could be an interesting alternative to the two Global X funds popular here in the community, which also rely on options strategies.

$QYLE (+1.32%)

$XYLP (+0.44%)

Here are the links indicating the upcoming launch.

https://lei-ireland.ie/detailed-information/52871066/9845002C74C760G45A87/jpmorgan-etfs-ireland-icav-us-equity-premium-income-active-ucits-etf/

https://lei-ireland.ie/detailed-information/52871121/98450088678B48AED539/jpmorgan-etfs-ireland-icav-nasdaq-equity-premium-income-active-ucits-etf/

I "tidied up" and shifted a few smaller positions into the #XYLP. Let's see how it performs in the future. Good dividends so far, but only sideways. I'm hoping for a constant dividend level with at least a slight increase in the share price. Of course, it won't be a yield miracle, but a few percent p.a. share price gain in addition to the dividend "would be nice"...