Subscription Shares Calculator

Subscription shares carry more risks than ordinary shares and you should be aware of these risks before making any investments.
More about the risks can be found on our subscriptions shares page – What are the risks of subscription shares.

This table is a guide to how much you stand to lose or make when converting your subscription share to ordinary shares. Each calculation is made on today's price therefore the amounts shown are a guide only. Due to market movement of the ordinary price you will not necessarily get the amounts shown here.

Those looking to buy subscription shares in the secondary market may also find this useful but must factor in transactional costs (government stamp duty, PTM Levy, bid offer spread and broker commissions) in determining their attractiveness. Please note that due to their characteristics, subscription shares are not available for purchase through the J.P. Morgan WealthManager+ Accounts or Classic Accounts.

Find out more about subscription shares

Trust Name JPMorgan Asian Investment Trust plc JPMorgan Emerging Markets Investment Trust plc JPMorgan Overseas Investment Trust plc
Current ordinary Price      
Ordinary ticker JAI JMG JMO
Subshare ticker JAIS JMGS JMOS
Conversion period Between 1 Apr 2009
and 31 Mar 2010
Between 1 Aug 2009
and 31 Jul 2010
31 October 2013*
YEAR 1 expired expired 900.00
In/out Money expired expired  
Conversion period Between 1 Apr 2010
and 31 Mar 2012
Between 1 Aug 2010
and 31 Jul 2012
30 April 2014 and 31 October 2014*
YEAR 2 expired expired 943.00
In/out Money expired expired  
Conversion period Between 1 Apr 2010
and 31 Mar 2012
Between 1 Aug 2010
and 31 Jul 2012
30 April 2015 and 30 October 2015*
YEAR 3 expired expired 986.00
In/out Money expired expired  
Conversion period Between 1 Apr 2012
and 31 Mar 2014
Between 1 Aug 2012
and 31 Jul 2014
Not applicable
YEAR 4 203 543  
In/out Money      
Conversion period Between 1 Apr 2012
and 31 Mar 2014
Between 1 Aug 2012
and 31 Jul 2014
Not applicable
YEAR 5 203 543  
In/out Money      
Conversion Dates Sub Shares (Five Year Life - expires 31st Mar 2014) Sub Shares (Five Year Life - expires 31st Jul 2014) Sub Shares life expires 30 October 2015.

*In accordance with the Subscription Share Rights, a notice of exercise must be received by the Registrar no later than 10 business days before the relevant conversion date and no earlier than 30 business days before the relevant conversion date. Further details can be found on the JPMorgan Overseas Investment Trust website at www.jpmoverseas.co.uk.