Bringing you live news and features since 2006 

JP Morgan Asset Management expands BetaBuilders ETF suite with US Equity offering


JP Morgan Asset Management (JPMAM) has expanded its BetaBuilders ETF suite with the launch of JPM BetaBuilders US Equity UCITS ETF, which offers investors cost effective access to the broad US equity market.

JPMAM has launched accumulation (ticker: BBUS) and distribution (ticker: BBUD) share class versions of JPM BetaBuilders US Equity UCITS ETF. Domiciled in Ireland, BBUS and BBUD are now available on the London Stock Exchange (LSE), Deutsche Boerse Xetra and Borsa Italiana.
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 US 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 four basis points.
Bryon Lake, Head of International ETFs at JPMAM, says: “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.”
Accumulation share classes for JPM USD Ultra-Short Income UCITS ETF (JPSA) and JPM GBP Ultra-Short Income UCITS ETF (ticker: JGSA) have also launched on the LSE today. Domiciled in Ireland and launched in response to client demand, JPSA and JGSA will both have a Total Expense Ratio (TER) of 18 basis points.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by