JP Morgan Asset Management (JPMAM) is set to expand its range of Asia-focused active ETFs with a China-focused fund. In a filing with the Chinese Securities and Exchange Commission, the asset manager outlined details of the JP Morgan Active China ETF. According to the filing, the fund will invest at least 80% of its assets in equities linked to China. There will be between 40 to 70 securities in the fund. "Investments in Mainland China involve political and legal uncertainties, currency fluctuations and aggressive currency controls, the risk of confiscatory taxation, and nationalization or expropriation of assets, which could adversely affect and significantly diminish the values of the Mainland Chinese companies in which the fund invests," stated the filing. It comes just weeks after the firm launched a series of active ETFs for the Australian market. ©2022 funds global asia