Funds are expected to liquidate in Fall 2024

NEW YORK, Aug. 29, 2024 /PRNewswire/ -- J.P. Morgan Asset Management today announced the upcoming liquidation and dissolution of two exchange-traded funds: JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF (BBIP) and JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) (collectively, the "Funds").

Shareholders may buy and sell their shares prior to the de-listing date at market prices on the Cboe BZX Exchange, Inc. ("Cboe"). The last day of trading for both Funds on Cboe is October 18, 2024.

Proceeds from the liquidations will be distributed to shareholders at net asset value on or about October 25, 2024.

Shareholders who continue to hold shares of either of the Funds on the Funds' designated liquidation date will receive a liquidating distribution of cash in the cash portion of their brokerage accounts equal to the amount of the net asset value of their shares.

Shareholders who receive a liquidating distribution generally will recognize a capital gain or loss equal to the amount received for their shares over their adjusted basis in such shares if shares are held in a taxable account. Such shareholders should consult their tax advisor about the potential tax consequences.

About J.P. Morgan Asset Management

J.P. Morgan Asset Management, with assets under management of $3.3 trillion, as of June 30, 2024, is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information: . J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co., and its affiliates worldwide.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorgan Chase had $4.1 trillion in assets and $341 billion in stockholders' equity as of June 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at .

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SOURCE J.P. Morgan Asset Management