J.P. Morgan BetaBuilders U.S. Treasury 20+ Year ETF (BBLB)

Overview

The described fund is an investment entity that aims to replicate the performance of a specific underlying index. This underlying index is focused on tracking the performance of U.S. dollar-denominated, fixed-rate securities that have a minimum term to maturity of more than twenty years. By aiming to closely correspond, before fees and expenses, to the performance of its underlying index, the fund provides an investment opportunity that caters to individuals or entities looking for exposure to long-term fixed-rate securities in the United States. The commitment to invest at least 80% of its assets in securities that are included in the underlying index ensures that the fund remains closely aligned with the performance and composition of said index.

Products and Services

The fund offers a singular investment product designed for investors seeking an exposure to long-term, U.S. dollar-denominated fixed income securities, with the following characteristics:

• Long-Term Fixed Rate U.S. Securities:

The core product of the fund is the investment in U.S. dollar-denominated, fixed-rate securities with a minimum term to maturity of greater than twenty years. This product is aimed at investors who are looking for stable, long-term fixed income investments and are willing to assume the risks associated with the longer maturity periods of these securities. By focusing on long-term bonds, the fund seeks to offer a potential for higher yield compared to shorter-duration bonds, albeit with a corresponding increase in interest rate risk.

• 80% Investment in Underlying Index Securities:

To ensure alignment with its goal of tracking the performance of the underlying index, the fund commits to investing at least 80% of its total assets in the securities that are part of the index. This strategy not only ensures that the fund’s performance closely mirrors that of the index but also provides a level of transparency and predictability for investors, who can assess the components of the underlying index to understand the fund's investment focus and potential risk/return profile.