Investments should be played to your advantage
JPMorgan Elect plc offers a simple, tax-efficient way to switch focus between capital growth, income and capital protection. The aim is to provide the choice and flexibility for investors to manage their investment strategy throughout their lives.
Three investment choices
Tax efficient switching
JPMorgan Elect plc allows investors to switch between Managed Growth, Managed Income and Managed Cash on designated quarterly conversion dates: 28/29 February, 31 May, 31 August, 30 November.
Each switch can be made potentially without incurring a liability to UK capital gains tax. Managed Cash shareholders may also elect to have their shares repurchased by the company on the quarterly conversion dates. You should note that tax benefits depend on individual circumstances and may change in the future.
Switches can be made via the selected third party investment platform provider you hold the shares with. 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
|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|