JPMorgan BetaBuilders Canada Fund Shs Unsponsored Brazilian Depositary Receipt Repr 0.166666667 Sh
BB3:BBCA3983.52
BRL
-4.70
(-5.33%)
ISIN
BRBBCABDR001
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- New York United States
- Similar Companies
- Business
- JPMorgan BetaBuilders Canada Fund Shs Unsponsored Brazilian Depositary Receipt Repr 0.166666667 Sh is an unsponsored Brazilian Depositary Receipt program traded on the B3 Brazilian exchange that represents a fractional ownership interest of approximately 0.166666667 shares in the underlying JPMorgan BetaBuilders Canada ETF. The underlying investment vehicle is an exchange-traded fund managed by J.P. Morgan Investment Management Inc., an asset management subsidiary of JPMorgan Chase & Co. Incepted in 2018 and headquartered in New York, New York, with depositary receipt facilities administered through São Paulo, Brazil, the vehicle is designed to provide institutional, wealth management, and retail investors in Latin America with direct, local-currency equity exposure to the Canadian market by tracking the price and yield performance, before fees and expenses, of the Morningstar Canada Target Market Exposure Index. The fund operates through systematic market replication and offers comprehensive exposure across multiple economic sectors, offering investment allocations in: financial services, encompassing diversified commercial banks, multi-line insurance underwriters, mortgage lenders, and wealth management firms; energy, comprising integrated oil and gas companies, crude petroleum and natural gas exploration and production operators, oilfield service providers, and pipeline transportation infrastructure; industrials, spanning transcontinental freight rail operators, commercial airlines, supply chain logistics providers, and heavy machinery manufacturers; materials, incorporating precious metal and base metal mining corporations, specialty chemical producers, and forest product companies; information technology, covering enterprise software developers, IT consulting firms, and digital payment platforms; utilities, comprising regulated electric and natural gas distribution utilities as well as renewable power generators; consumer discretionary and consumer staples, involving retail merchandise chains, automobile dealerships, and food and beverage distributors; and communication services, encompassing nationwide telecommunications carriers, broadband internet providers, and commercial broadcasting enterprises. The BDR vehicle facilitates local-market secondary liquidity, clearance, settlement, and foreign exchange conversion of underlying Canadian dollar distributions into Brazilian Reais. In recent operational and strategic developments, J.P. Morgan Asset Management has continued to broaden its international ETF and depositary receipt offerings across the Brazilian capital markets, leveraging regulatory modernizations enacted by the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários) that permit expanded retail investor access to non-sponsored foreign BDR structures. In addition, the underlying fund has completed scheduled semi-annual portfolio and benchmark index rebalancings to reflect market capitalization transitions across Canadian equity constituents, optimized creation and redemption efficiency through enhanced authorized participant networks, and implemented refined ESG risk-evaluation protocols within its portfolio monitoring infrastructure to ensure compliance with updated international sustainability disclosure standards.