JPMorgan Long/Short ETF JPLS

The investment seeks to provide long-term total return. The fund seeks to profit from the relative returns of equity securities by maintaining long and short positions. Under normal market conditions, the adviser employs the Equity Long/Short strategy to access certain return factors. The strategy involves simultaneously investing in equities (i.e., investing long) that the adviser believes are attractive based on relevant return factors and taking short positions in equity securities that the adviser believes are unattractive based on relevant return factors.