JMTG

JPMorgan Mortgage-Backed Securities ETF seeks to maximize total return by investing primarily in a diversified portfolio of debt securities backed by pools of residential and/or commercial mortgages. The fund invests mainly in investment grade mortgage-backed securities or unrated mortgage-backed securities which the adviser determines to be of comparable quality. Under normal circumstances, it invests at least 80% of its assets in mortgage-backed securities. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund's average weighted maturity will normally range between two and ten years.