A new exchange-traded fund issued by J.P. Morgan Asset Management has been tradable on Xetra and via Börse Frankfurt since Wednesday.
The JPM BetaBuilders US Small Cap Equity UCITS ETF – USD (acc) offers investors access to around 900 US companies with small market capitalisation. The focus is primarily on companies in the industrial, information technology, healthcare, financial services, and consumer sectors.
Returns are reinvested, with US dollars as the fund currency.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|JPM BetaBuilders US Small Cap Equity UCITS ETF – USD (acc)||Equity-ETF||IE000JNKVS10||0.14 per cent||accumulating||Morningstar US Small Cap Target Market Exposure Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,905 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.