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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.

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