At J.P. Morgan Asset Management, we're committed to advancing equal opportunity. By harnessing the strength of our business and investment expertise, we've created an innovative program that brings new economic opportunities to underserved communities.
Connecting MDIs and diverse-led CDFIs with institutional investors
Designed to work with minority- and diverse-led financial institutions, this initiative enables qualified firms to offer J.P. Morgan’s full spectrum of money market funds, as well as distribute the Empower share class. This approach provides these partners with an attractive new revenue opportunity, and empowers them to deliver ongoing positive change in their communities. At the same time, corporate investors gain access to financial institutions that will support their socioeconomic goals.
MDI = Minority Depository Institutions
CDFI = Community Development Financial Institutions
Introducing the Empower share class
The new Empower share class will further the firm's commitment to local communities while also creating a new income stream for our Empowering Change partners, who will receive payment for services related to their investment. In addition, J.P. Morgan has committed to an annual 12.5% donation* of gross revenue received from the management fees on the Empower share class to support community development.
Call 1-800-766-7722 for a fund prospectus. You can also visit us online at www.jpmorganfunds.com. Investors should carefully consider the investment objectives and risk as well as charges and expenses of the mutual fund before investing. The prospectus contains this and other information about the mutual fund. Read the prospectus carefully before investing.
J.P. Morgan Institutional Investments Inc., Dealer Manager / Member FINRA.
*The annual donation will be made for the life of the Empower share class to the Empower and Community Development Fund, a Donor-Advised Fund administered by the Chicago Community Trust, that is committed to supporting community development to expand opportunities within underserved communities.
In accordance with our annual 12.5% donation, we are pleased to announce our 2024 commitment of $1 million dollars to support under-resourced students through commitments made by the Empower and Community Development Fund, a Donor-Advised Fund administered by the Chicago Community Trust.
Meet our partners
We are proud to partner with 14 MDI and CDFI banks across the United States. Below you will find short videos from a few of our partners that offer insight into their unique missions and what empowering change means to them (more partner videos coming soon).