J.P. Morgan Asset Management Announces Liquidation of JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and JPMorgan Climate Change Solutions ETF (TEMP)

Core Viewpoint - J.P. Morgan Asset Management is liquidating two ETFs, the JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and the JPMorgan Climate Change Solutions ETF (TEMP), with the last trading day set for October 3, 2025 [1]. Group 1: Liquidation Details - Shareholders can buy and sell their shares at market prices before the delisting date [1]. - Proceeds from the liquidation will be distributed to shareholders at net asset value around October 10, 2025 [2]. - Shareholders holding shares on the liquidation date will receive a cash distribution equal to the net asset value of their shares [2]. Group 2: Tax Implications - Shareholders receiving a liquidating distribution may recognize a capital gain or loss based on the amount received compared to their adjusted basis in the shares, particularly for those in taxable accounts [3]. Group 3: Company Overview - J.P. Morgan Asset Management manages $3.8 trillion in assets as of June 30, 2025, serving a diverse clientele including institutions and high net worth individuals [4]. - JPMorgan Chase & Co. has $4.6 trillion in assets and $357 billion in stockholders' equity as of June 30, 2025, and is a leader in various financial services [5].