All investment trusts have charges. Ours are easy to understand and competitive. For example, there is no initial charge on our investment trusts when you invest through J.P. Morgan WealthManager+.
| Transaction charges | ||
|---|---|---|
| Buying | No charge | |
| Selling | No charge on J.P. Morgan investments | |
| Brokerage | £10 brokerage per buy or sell, or no charge if via a regular savings plan. No brokerage for some switches, see Switch below. | |
| Stamp duty | 0.5% on purchases | |
| Switch | When buying J.P. Morgan Investment Trusts as part of a switch within a product, no brokerage will be applied to the purchase | |
| Panel of Takeover and Mergers (PTM) | £1 per investment purchase if greater than £10,000 | |
| Annual account charges | ||
| Set up | No charge | |
| Transfers in | No charge | |
| Annual account fee | Investment Account | No charge |
| S&S ISA | 0.25% - Min £2 Maximum £10 / month | |
| SIPP | 0.25% - Min £2 Maximum £25 / month | |
We will attempt to take the account charge (if applicable) from cash held within your WealthManager+ account on a monthly basis. If there is insufficient cash available an outstanding amount will remain as a negative cash balance.
On a half-yearly basis, normally in June and December, we may choose to sell any of the holdings in your Account at our discretion to cover any negative cash balances at that time.
Further information on paying charges and topping up your cash account are available in the Key Features and Terms and Conditions.
Different charges apply for Classic Account holders. You can find more information in the
Key Features and Terms and Conditions
If you’re not sure that an investment trust is the right investment for you, speak to a financial adviser.
