JPMorgan Elect plc
Investments should be played to your advantage
JPMorgan Elect plc provides a simple, tax-efficient way for you to switch your focus between capital growth, income and capital protection.
Remember, the value of your investments and the income from them can go down and up, and you may not get back as much as you paid in.
The benefits of JPMorgan Elect plc
Three investment choices
This trust aims for long-term capital growth from an internationally diversified portfolio invested in investment trusts and open ended funds principally managed by J.P. Morgan Asset Management.
This trust aims to provide a growing income with the potential for capital growth from a portfolio of UK equities.
The trust looks to achieve a return in excess of sterling money by investing in the JPMorgan Funds - Sterling Managed Reserves Fund. It is designed to look after cash during a temporary move out of the markets from JPMorgan Elect Managed Growth or JPMorgan Elect Managed Income.
The quarterly conversion dates and how to convert
JPMorgan Elect offers quarterly conversion dates which allow you to convert between each share class without incurring a liability to capital gains tax. Managed Cash shareholders may also elect to have their shares repurchased by the Company on the quarterly Conversion Dates.
JPMorgan Elect quarterly Conversion Dates
- 28/29 February
- 31 May
- 31 August
- 30 November
How do I convert?
Switches can be made via the selected third party investment platform provider you hold the shares with.
You can switch between the three investment choices quarterly, potentially without incurring a liability to UK capital gains tax. Tax benefits depend on individual circumstances and may change in the future.
Your conversion instructions must be received by your chosen third party platform provider in line with their specific timetable. If you hold your shares in certificated form, there is a Conversion Notice printed on the reverse of your share certificate.
|Security||Participant ID||Member ID|
|Managed Growth to Income||5RA17||RAGWTINC|
|Managed Growth to Cash||5RA17||RAGWTCSH|
|Managed Income to Growth||5RA19||RAINCGWT|
|Managed Income to Cash||5RA19||RAINCCSH|
|Managed Cash to Growth||5RA24||RACSHGWT|
|Managed Cash to Income||5RA24||RACSHINC|
|Managed Cash Ord. Redemption||5RA30||RACHSREP|
JPMorgan Elect useful information
JPMorgan Elect is NOT a split capital investment trust. Each share class has rights over a discrete investment portfolio with its own assets and none of the share classes takes priority over the others.
Shares and debentures (if any) in an investment trust are not subject to the Financial Conduct Authority's (FCA) restrictions for marketing Non-mainstream Pooled Investment products, therefore investment trust products can be marketed to retail investors directly or via Independent Financial Advisers.
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.
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.