JP Morgan Asset Management is expanding on it BetaBuilders passive ETF suite with the launch of the the JPM BetaBuilders US Small Cap Equity UCITS ETF (BBSC). BBSC is available on the London Stock Exchange, Borsa Italiana, and the Deutsche Boerse. The fund offers investors exposure to 1,500 small-cap U.S. companies by tracking the Morningstar US Small Cap Target Market Exposure index.
ETF Newz Says:
Morningstar stated that the index can include some mid-cap companies to control excess turnover.