Quality fixed income matters in uncertain markets. In a late cycle where economic growth slows, this generally presents a favourable environment for quality fixed income assets, for example those with higher credit ratings. Investing in a global portfolio of higher-rating bonds presents opportunities for diversification while mitigating volatility. The JPMorgan Global Bond Active ETF (Cboe: JPGB) invests primarily in investment-grade bonds globally with a disciplined risk management strategy, seeking to exhibit lower volatility versus single-sector fixed income or equity investing. The ETF adopts a flexible approach to take advantage of different alpha sources, including country, sector, issuer, duration and currency, when investing in IG fixed income securities.