BBJP | JPMorgan BetaBuilders Japan ETF

BBJP ISSUER

The JPMorgan Funds' BBJP issuer aims to replicate the performance of the Morningstar® Japan Target Market Exposure IndexSM, investing at least 80% of its assets in securities included in this index. Managed with a passive approach, the fund seeks to closely correspond to the index's performance without attempting to outperform it. The index primarily comprises large and mid-cap companies traded on the Tokyo and Nagoya Stock Exchanges, with components allocated across various sectors such as consumer discretionary and industrials. While the fund intends to replicate the index constituents, it may utilize representative sampling if necessary, ensuring at least 80% alignment with the index. Additionally, the fund may invest up to 10% of its assets in exchange-traded futures and forward foreign currency contracts to achieve performance alignment. Classified as diversified under the Investment Company Act of 1940, the fund may operate as non-diversified depending on the characteristics of the underlying index. This flexibility allows the fund to adapt to changes in market capitalization or index weighting, potentially concentrating its investments in specific industries or groups thereof based on the composition of the underlying index

BBJP DIVIDEND

The BBJP issuer, managed by JPMorgan Funds, aims to provide investors with passive exposure to the Morningstar® Japan Target Market Exposure IndexSM. While the fund focuses on replicating the performance of the index, it may generate dividends based on the dividends received from the securities held within the index. As the fund invests in securities primarily traded on the Tokyo and Nagoya Stock Exchanges, dividend payments from these companies contribute to the overall dividend yield of the fund. Investors in BBJP can potentially benefit from dividend income as part of their total return, reflecting the dividends distributed by the underlying index constituents.

BBJP TRACKING

The tracking of the BBJP issuer, managed by JPMorgan Funds, is designed to closely correspond to the Morningstar® Japan Target Market Exposure IndexSM. Utilizing a passive investment approach, the fund endeavors to replicate the performance of the index by investing at least 80% of its assets in securities included in the underlying index. While the fund aims for precise tracking, there may be instances where exact replication is not feasible due to factors such as trading restrictions or market conditions. In such cases, the fund may employ representative sampling to approximate the investment characteristics of the index constituents. Despite potential limitations in perfect tracking, the fund's quarterly rebalancing aligns its portfolio with changes in the underlying index, maintaining a consistent strategy to minimize tracking error and optimize performance relative to the index benchmark.

BBJP CORRELATION

The BBJP issuer, managed by JPMorgan Funds, seeks to maintain a strong correlation with the Morningstar® Japan Target Market Exposure IndexSM. By investing at least 80% of its assets in securities included in the index, the fund aims to closely track the performance of the underlying index. Correlation between the fund and the index is crucial for investors seeking to replicate the index's returns within their portfolios. The fund's passive investment strategy, combined with quarterly rebalancing, aims to minimize deviations from the index's performance, thereby enhancing correlation. While perfect correlation may not always be achievable due to factors such as market fluctuations and tracking error, the fund's objective remains to provide investors with a high level of correlation with the underlying index, facilitating the replication of market movements and returns.

BBJP SECTOR

The BBJP issuer, managed by JPMorgan Funds, offers exposure to various sectors through its investment strategy aligned with the Morningstar® Japan Target Market Exposure IndexSM. The fund primarily invests in securities traded on the Tokyo and Nagoya Stock Exchanges, targeting large and mid-cap companies across sectors such as consumer discretionary and industrials. These sectors represent essential components of the Japanese market, providing investors with diversified exposure to different segments of the economy. While the fund's sector allocations may evolve over time based on changes in market conditions and index composition, its objective remains to closely replicate the sector weights of the underlying index. Through this approach, investors can gain broad exposure to the Japanese market while benefiting from the potential growth and stability offered by various sectors within the index.

BBJP EXPOSURE

The BBJP issuer, managed by JPMorgan Funds, aims to provide investors with passive exposure to the Morningstar® Japan Target Market Exposure IndexSM. This exposure is achieved by investing at least 80% of its assets in securities included in the underlying index, which primarily comprises stocks traded on the Tokyo and Nagoya Stock Exchanges. By closely aligning its investment strategy with the index, the fund offers investors the opportunity to participate in the performance of the Japanese market. Through its passive approach, the fund seeks to replicate the exposure provided by the index, allowing investors to gain access to a diversified portfolio of large and mid-cap companies across various sectors. The fund's objective is to deliver returns that closely correspond to those of the underlying index, providing investors with a convenient and efficient means of accessing the Japanese market.