NEW YORK--(BUSINESS WIRE)--J.P. Morgan announced today that it has been appointed by Vanguard, one of the world’s largest investment management companies, to offer four of its U.S.-registered Exchange Traded Funds (ETFs) on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV). The four new ETFs are in addition to the 39 Vanguard ETFs previously sponsored by J.P. Morgan.
The new Vanguard ETFs are listed on the BMV in pesos and trades can be initiated through a local broker: Vanguard S&P 500 ETF (VOO), Vanguard Global ex-U.S. Real Estate ETF (VNQI), Vanguard Short-Term Government Bond ETF (VGSH) and Vanguard Short-Term Corporate Bond ETF (VCSH).
J.P. Morgan’s Depositary Receipts (DR) Group services the ETFs and handles all corporate actions. J.P. Morgan disseminates relevant shareholder and corporate actions information in the Mexican market via BMV. Additionally, a dedicated J.P. Morgan representative is available in Mexico City to provide local expertise and guidance to investors.
“Globally, investors are recognizing and embracing the benefits of a low-cost, diversified ETF investment approach,” said Vanguard Principal Dennis Duffy. “We look forward to working with J.P. Morgan to expand the availability of our stock and bond ETFs to Mexican institutional and qualified investors.”
Joseph Dooley, DR Executive for the Americas at J.P. Morgan, said: “As Vanguard was the first ETF provider that J.P. Morgan launched on the Mexican Stock Exchange back in 2008, we are delighted about the opportunity to expand one of our longest-standing relationships in this space.”
For market information on DRs and international equities please view J.P. Morgan’s award-winning web site: www.adr.com. For more information on J.P. Morgan’s DR services please visit: http://www.jpmorgan.com/visit/adr.
About Vanguard
Vanguard, headquartered in Valley Forge, Pennsylvania, is one of the world’s largest investment management companies and a leading provider of company-sponsored retirement plan services. Vanguard manages more than $1.6 trillion in U.S. mutual fund assets, including more than $160 billion in ETF assets. Vanguard offers more than 170 index and actively managed funds to U.S. investors and more than 70 additional funds in non-U.S. markets.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.