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JEST

MTA
107.65500 EUR
0.02
0.02%
Last update Jun 27, 4:45 PM CEST
Market closed
Day range
107.59500
107.71000
Previous close
107.67500
Open
107.59500
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JPMorgan EUR Ultra-Short Income UCITS ETF
107.66
0.02
0.02%

Overview

Description

The JPMorgan EUR Ultra-Short Income UCITS ETF is an exchange-traded fund designed to provide investors with exposure to a diversified portfolio of ultra-short-term fixed income securities denominated in euros. Its primary function is to offer a source of income while maintaining a high level of capital preservation and liquidity. This ETF predominantly invests in investment-grade corporate debt, government securities, and money market instruments, managing credit risk while maintaining sensitivity to interest rate changes at a minimum. With a focus on the European fixed income market, this ETF is particularly attuned to sectors such as finance, industrials, and utilities, which are significant issuers of short-term debt. It plays a crucial role in an investor's portfolio by providing a conservative investment option with less exposure to volatility compared to longer-term bonds, serving as a strategic component for asset allocation. Its market significance lies in its ability to offer investors a vehicle to manage portfolios' liquidity needs efficiently while targeting enhanced yields relative to traditional cash instruments, thereby aligning with institutional and retail investors seeking yield optimization in a persistently low-interest-rate environment.

About

Address
Phone
+352 34 101
Website
Instrument type
ETF
Country
Italy
MIC code
XMIL
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 17 hours 49 minutes

14:10
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:00
Main market
09:00 - 17:30
All times are displayed in the Europe/Rome timezone (CEST, UTC+02:00).