London Stock Exchange welcomes J.P. Morgan Asset Management issuing their first equity BetaBuilder ETF in Europe
Today the London Stock Exchange markets were opened by J.P. Morgan Asset Management (JPMAM) to celebrate the launch of their newest equity BetaBuilder: JPMorgan ETFs (Ireland) ICAV - BetaBuilders US Equity UCITS ETF offering investors cost effective access to the broad US equity market. JPMAM has launched accumulation (ticker: BBUS) and distribution (ticker: BBUD) share class versions BBUS and BBUD will be managed by an experienced team with a long track record of managing market cap equity strategies. The portfolio is constructed to offer large and mid-cap U.S. equity exposure, similar to other widely used market cap indices in the space, seeking investment results that closely correspond to Morningstar’s US Target Market Exposure Index℠. Both ETFs will have a Total Expense Ratio (TER) of 4 basis points.
Bryon Lake, Head of International ETFs at JPMAM, said:
"We believe our US equity ETF offers investors and asset allocators more efficient access to US equities in what is an increasingly noisy market place. Our BetaBuilder ETF suite is designed to offer clients efficient access to market cap weighted building blocks that are simple, straightforward and priced for today’s market."
J.P. Morgan Asset Management's global ETF suite features more than 45 product offerings with over $20 billion in assets under management as of December 2018. You can read more about JPMAM’s ETF range here including the ETFs risk profiles.
The funds / strategies mentioned are not authorized in certain jurisdictions and are not available for distribution.
FOR PROFESSIONAL CLIENTS / QUALIFIED INVESTORS ONLY – NOT FOR RETAIL USE OR DISTRIBUTION
As the product may not be authorised or its offering may be restricted in your jurisdiction, it is the responsibility of every reader to satisfy himself as to the full observance of the laws and regulations of the relevant jurisdiction. Prior to any application investors are advised to take all necessary legal, regulatory and tax advice on the consequences of an investment in the products. Shares or other interests may not be offered to or purchased directly or indirectly by US persons. All transactions should be based on the latest available Prospectus, the Key Investor Information Document (KIID) and any applicable local offering document. These documents together with the annual report, semi-annual report and the articles of incorporation, are available free of charge from your financial adviser, your J.P. Morgan Asset Management regional contact, the fund’s issuer (see below) or at www.jpmorganassetmanagement.ie. In Switzerland, JPMorgan Asset Management (Switzerland) LLC, Dreikönigstrasse 37, 8002 Zurich, acts as Swiss representative of the funds and J.P. Morgan (Suisse) SA, 8 Rue de la Confédération, 1204 Geneva, as paying agent of the funds. This communication is issued in Europe (excluding UK) by JPMorgan Asset Management (Europe) S.à r.l., 6 route de Trèves, L-2633 Senningerberg, Grand Duchy of Luxembourg, R.C.S. Luxembourg B27900, corporate capital EUR 10.000.000. This communication is issued in the UK by JPMorgan Asset Management (UK) Limited which is authorised and regulated by the Financial Conduct Authority. Registered in England No. 01161446. Registered address: 25 Bank Street, Canary Wharf, London E14 5JP.