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
This is a marketing communication and as such the views contained herein are not to be taken as advice or a recommendation to buy or sell any investment or interest thereto. Reliance upon information in this material is at the sole discretion of the reader. Any research in this document has been obtained and may have been acted upon by J.P. Morgan Asset Management for its own purpose. The results of such research are being made available as additional information and do not necessarily reflect the views of J.P. Morgan Asset Management. Any forecasts, figures, opinions, statements of financial market trends or investment techniques and strategies expressed are, unless otherwise stated, J.P. Morgan Asset Management’s own at the date of this document. They are considered to be reliable at the time of writing, may not necessarily be all-inclusive and are not guaranteed as to accuracy. They may be subject to change without reference or notification to you. It should be noted that the value of investments and the income from them may fluctuate in accordance with market conditions and taxation agreements and investors may not get back the full amount invested. Changes in exchange rates may have an adverse effect on the value, price or income of the product(s) or underlying overseas investments. Past performance and yield are not a reliable indicator of current and future results. There is no guarantee that any forecast made will come to pass. Furthermore, whilst it is the intention to achieve the investment objective of the investment products, there can be no assurance that those objectives will be met. J.P. Morgan Asset Management is the brand name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide. To the extent permitted by applicable law, we may record telephone calls and monitor electronic communications to comply with our legal and regulatory obligations and internal policies. Personal data will be collected, stored and processed by J.P. Morgan Asset Management in accordance with our EMEA Privacy Policy www.jpmorgan.com/emea-privacy-policy.

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.

Quick facts

Track
Market: Main Market
Instrument market cap (£m)
-
Listing/Admission to trading
10 Apr 2019
Looking for new and recent issues?

More recent

London Stock Exchange welcomes Castelnau Group Limited to the Specialist Fund Segment to the Main Market

The London Stock Exchange today welcomes Castelnau Group Limited (‘Castelnau’), an investment company established to invest in public and private companies with the aim of outperforming the FTSE All Share Total Return Index over the long term.  The ordinary shares of Castlenau will be listed on the Specialist Fund Segment of the Main Market.</

Learn more
London Stock Exchange welcomes Light Science Technologies Holdings plc

Today, London Stock Exchange welcomes Light Science Technologies Holdings plc (“LSTH”) to trading on AIM under the ticker LST. In October 2021, LSTH successfully raised gross proceeds of £5 million (the “Placing”) and the Company’s market capitalisation on admission was approximately £17.5 million.

The net proceeds of the Placing, which are receivable by the

Learn more
London Stock Exchange welcomes JAXUSA Partnership and JAX Chamber

London Stock Exchange today welcomes the Jacksonville, Florida, delegation to open the market during their seventh annual sales mission. The delegation supports the mission of JAXUSA Partnership, a division of JAX Chamber that serves as Jacksonville’s regional economic development organization.

JAXUSA Part

Learn more
London Stock Exchange welcomes Tortilla Mexican Grill plc to AIM

Tortilla Mexican Grill plc (MEX), the largest and most successful fast-casual Mexican restaurant group in the UK, began trading on Friday 8 October on London Stock Exchange’s AIM. The IPO raised £5.0m of gross proceeds, and upon Admission the Company’s market capitalisation was £70.0m.

Tortilla offers a high-quality, affordable and freshly prepared Californi

Learn more