NEW YORK, June 18, 2018 /PRNewswire/ -- J.P. Morgan Asset
Management announced today the launch of the JPMorgan BetaBuilders
MSCI US REIT ETF (BBRE), which seeks to replicate the performance
of the MSCI US REIT Index.
The MSCI US REIT Index is a free-float adjusted market-cap
weighted index comprised of equity Real Estate Investment Trusts.
The index is based on the MSCI USA
Investable Market Index (IMI), its parent index, which captures the
large, mid and small cap segments of the USA market. The securities included offer core
real estate exposure. BBRE will be priced with a total expense
ratio (TER) of 11bps.
"BBRE is a pure play on the REIT market and provides choice to
investors who are seeking core real estate index exposure," said
Joanna Gallegos, U.S. head of ETFs
at J.P. Morgan Asset Management. "Additionally, for allocators,
REITs can provide diversification benefits to traditional equity
and fixed income portfolios."
The tenured market cap team is led by chief investment officer
Ove Fladberg and is comprised of seasoned portfolio managers with
an average of 17 years industry experience. The fund
leverages a team based approach to managing portfolios and has
track records dating back as far as 1991.
J.P. Morgan Asset Management's ETF suite now features twenty
five product offerings with over $4
billion in assets under management. J.P. Morgan was awarded
"Best New Alternatives ETF" for its JPMorgan Managed Futures
Strategy ETF (JPMF) product and earned "Best New
International/Global Fixed-Income ETF" for its JPMorgan Global Bond
opportunities (JPGB) product at the fifth annual ETF.com Awards
held in March 2018.1
About J.P. Morgan Asset Management
J.P. Morgan Asset
Management, with assets under management of $1.8 trillion (as of March
31, 2018), is a global leader in investment management. J.P.
Morgan Asset Management's clients include institutions, retail
investors and high net worth individuals in every major market
throughout the world. J.P. Morgan Asset Management offers global
investment management in equities, fixed income, real estate, hedge
funds, private equity and liquidity. JPMorgan Chase & Co.
(NYSE: JPM), the parent company of J.P. Morgan Asset Management, is
a leading global asset management firm with assets of approximately
$2.5 trillion (March 31, 2018) and operations worldwide.
Information about JPMorgan Chase & Co. is available at
www.jpmorganchase.com.
J.P. Morgan Asset Management is the marketing name for the asset
management businesses of JPMorgan Chase & Co. and its
affiliates worldwide.
Investors should carefully consider the investment
objectives and risks as well as charges and expenses of an ETF
before investing. The summary and full prospectuses contain this
and other information about the ETF and should be read carefully
before investing. To obtain a prospectus: Call
1-844-4JPM-ETF.
1 ETF.com Award winners are selected by a majority
vote of the ETF.com Awards Selection Committee, a group of
independent ETF experts. Voting was completed by Jan. 20, 2018, and results were announced at the
ETF.com U.S. Awards Dinner on March 22,
2018.
J.P. Morgan Asset Management and JPMDS are not affiliated with
ETF.com.
Real estate investing may be subject to increased market risk
because of concentration in a specific industry, sector or
geographical sector. These risks include, but are not limited
to, declines in real estate value, risks related to general and
economic conditions, changes in underlying value of property owned
by the trust and defaults by borrower.
J.P. Morgan ETFs are distributed by JPMorgan Distribution
Services, Inc., which is an affiliate of JPMorgan Chase & Co.
Affiliates of JPMorgan Chase & Co. receive fees for providing
various services to the funds. JPMorgan Distribution Services, Inc.
is a member of FINRA/SIPC.
J.P. Morgan Asset Management is the marketing name for the asset
management businesses of JPMorgan Chase & Co. and its
affiliates worldwide
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
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SOURCE J.P. Morgan Asset Management