J.P. Morgan Funds, the mutual fund arm of JPMorgan Chase & Co., has launched the JP Morgan Research Equity Long/Short Fund, the company announced Friday, September 10.
The Research Equity Long/Short Fund (A shares: JLSAX) seeks to give investors exposure to equity-like returns while reducing downside risk and limiting volatility. The new equities mutual fund is designed to offer a more conservative approach for investors returning to equities.
The fund is managed by senior portfolio manager Terance Chen, who has more than 16 years of investment experience at J.P. Morgan and who is also lead manager of the JP Morgan Research Market Neutral Fund (A shares: JMNAX).