J.P. Morgan Asset Management expands active equity premium income ETF range with European strategy

The fund, which trades under the tickers JEPE (distributing) and JEEA (accumulating), began trading on 19 February 2026 across multiple venues including Deutsche Börse Xetra, Borsa Italiana and SIX Swiss Exchange in addition to London .

JEPE combines an actively managed portfolio of European equities with a systematic options overlay that sells out-of-the-money index call options on a weekly basis. The strategy aims to deliver monthly income of 8–10 per cent annually through a combination of dividend distributions and options premiums, while targeting lower volatility and beta compared with the MSCI Europe Index .

The fund carries a total expense ratio of 35 basis points .

The portfolio is constructed through bottom-up fundamental analysis and maintains beta of 1.0 relative to the European equity market. The options strategy sells one-month index calls weekly, with the approach designed to generate higher income during periods of elevated volatility. Investors forego some upside participation in exchange for reduced downside exposure and regular income distributions .

The management team comprises Hamilton Reiner, Piera Elisa Grassi, Nicholas Farserotu, Matt Bensen, Judy Jansen and Sebastian Wiseman, drawing on J.P. Morgan’s global research platform .

The launch expands J.P. Morgan’s active equity premium income UCITS range, which has accumulated $4.6 billion in assets since the firm began offering these strategies in Europe in 2023 . The firm has previously launched US and Nasdaq-100 focused versions of the strategy.

Travis Spence, global head of ETFs at J.P. Morgan Asset Management, said: “We are delighted to expand our award-winning Equity Premium Income range with the launch of JEPE. Having managed these strategies globally via active ETFs since 2020, investors have come to appreciate two key outcomes: a regular income stream and access to equity markets with reduced volatility. With JEPE, for the first time, it is now possible to obtain these benefits on European equities as well.”

The fund is classified as Article 6 under the Sustainable Finance Disclosure Regulation .