JPMORGAN ELECT MANAGED INCOME
Wealth doesn't need to be kept in the same basket
JPMorgan Elect Managed Income aims to provide a growing income with the potential for capital growth from a portfolio of UK equities.
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About this trust
Investment objective and policies
Key attributes
- Aims to deliver a growing income plus capital growth over the long term.
- Flexibility to move between equities and bonds to achieve the most attractive risk-adjusted yield throughout the market cycle.
- Benefits from J.P. Morgan's extensive expertise in both equity and fixed income markets.
- Part of JPMorgan Elect - a unique investment trust structure with three investment options and a tax-free switching facility.
Risk warnings
- The value of investments and the income from them can go down and up, and you may not get back as much as you paid in. Past performance is not a guide to the future.
- For further risks associated with this trust please refer to the 'Risks' section below.
Risks
Points to Consider
- Exchange rate changes may cause the value of underlying overseas investments to go down as well as up.
- This trust may invest in non investment grade bonds, which increases the capital risk and may have an adverse effect on the performance of funds which invest in them.
- Where permitted, a trust may invest in other investment trusts that utilise gearing (borrowing) which will exaggerate market movements both up and down.
- For income funds/shares - Dividend income is not guaranteed and will fluctuate.
- Investing in high yielding stocks may involve a higher degree of risk as high yields are not guaranteed and will fluctuate.
- This fund may use derivatives for investment purposes or for efficient portfolio management.
- External factors may cause an entire asset class to decline in value. Prices and values of all shares or all bonds could decline at the same time.
- This trust may also invest in smaller companies which may increase its risk profile.
Three investment choices with JPMorgan Elect plc
Share classes available through the JPMorgan Elect Managed Investment Trust are Cash, Growth and Income. You can convert from one to the other four times a year without incurring a liability to capital gains tax. These dates are in February, May, August and November, but instructions to convert have to be received before these dates.
Performance
Fees
Portfolio
Manager Commentary
Board of Directors
In their words (as of 31 Jul 2017)
Conversely, our holdings in Imperial Brands, GlaxoSmithKline and AstraZeneca detracted from returns. Imperial Brands, formerly known as Imperial Tobacco, fell as the US Food and Drug Administration announced plans to pursue cutting nicotine in cigarettes to non-addictive levels. Meanwhile, pharmaceutical giant AstraZeneca was hit by unfavourable trial results for its next generation cancer drugs. In the same sector, GlaxoSmithKline performed poorly over what we consider misplaced concerns about future dividend payments.
Documents
Trust Information
Committee Terms Of Reference
Annual General Meeting
- 2017 General Meeting Final Proxy Voting Results
- 2017 Managed Cash Class Meeting Final Proxy Voting Results
- 2017 Managed Income Class Meeting Final Proxy Voting Results
- 2017 Managed Growth Class Meeting Final Proxy Voting Results
- AGM - Presentation 2016
- 2016 Annual General Meeting Final Proxy Voting Results
- 2016 General Meeting Final Proxy Voting Results
- 2016 Managed Income Class Meeting Final Proxy Voting Results
- 2016 Managed Growth Class Meeting Final Proxy Voting Results
- 2016 Managed Cash Class Meeting Final Proxy Voting Results
Reports and Accounts
- 2016/17 Half Year Report
- 2016 Annual Report
- 2015/16 Half Year Report
- 2015 Annual Report
- 2014/15 Half Year Report
- 2014 Annual Report
- 2013/14 Half Year Report
- 2013 Annual Report
- 2012/13 Half Year Report
- 2012 Annual Report
- 2012 Half Year Report
- 2011 Annual Report
- 2011 Half Year Report
- 2010 Annual Report
- 2010 Half Year Report
- 2009 Annual Report
- 2009 Half Year Report
Learn More
Find out more
For contact details and more information on our trust range use the following links:
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Important information
This is a promotional page and as such the views contained herein are not to be taken as advice or recommendation to buy or sell any investment or interest thereto. Reliance upon information in this material is at the sole discretion of the reader. Any research on this page has been obtained and may have been acted upon by J.P. Morgan Asset Management for its own purpose. The results of such research are being made available as additional information and do not necessarily reflect the views of J.P. Morgan Asset Management. Any forecasts, figures, opinions, statements of financial market trends or investment techniques and strategies expressed are unless otherwise stated, J.P. Morgan Asset Management’s at the date of publishing. They are considered to be reliable at the time of publishing, may not necessarily be all-inclusive and are not guaranteed as to accuracy. They may be subject to change without reference or notification to you.
It should be noted that the value of investments and the income from them may fluctuate in accordance with market conditions and taxation agreements and investors may not get back the full amount invested. Changes in exchange rates may have an adverse effect on the value, price or income of the products or underlying overseas investments. Past performance is not a reliable indicator to current and future results. There is no guarantee that any forecast made will come to pass. Furthermore, whilst it is the intention to achieve the investment objective of the investment products, there can be no assurance that those objectives will be met.
J.P. Morgan Asset Management is the brand name for the asset management business of JPMorgan Chase & Co and its affiliates worldwide. You should note that if you contact J.P. Morgan Asset Management by telephone those lines may be recorded and monitored for legal, security and training purposes. You should also take note that information and data from communications with you will be collected, stored and processed by J.P. Morgan Asset Management in accordance with the EMEA Privacy Policy which can be accessed through the following website www.jpmorgan.com/pages/privacy.
Investment is subject to documentation (Investor Disclosure Document, Key Features and Terms and Conditions), copies of which can be obtained free of charge from JPMorgan Asset Management Marketing Limited. Issued by JPMorgan Asset Management Marketing Limited which is authorised and regulated in the UK by the Financial Conduct Authority. Registered in England No: 288553. Registered address: 25 Bank St, Canary Wharf, London E14 5JP.
*FE Crown rating as at 01 August 2017.
FE Crown Fund Ratings © 2017 FE. All rights reserved.