Growth & Income
Global & UK
Equity & Liquidity
JPMorgan Elect is an investment trust with a choice of investment options which you can shape to suit your needs. It's designed to give you the flexibility to manage your investment strategy through life. Using a choice of investment options, you can choose whether to focus on growing your capital or earning income – or combining both. You can control how much or how little you have in stockmarket-based investments. And you can switch between the three investment choices quarterly without incurring a liability to UK capital gains tax. Tax benefits depend on individual circumstances and may change in the future.
JPMorgan Elect offers three investment choices:
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.
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.
|Security||Participant ID||Member ID|
|Managed Growth to Income||5RA17||RA201834|
|Managed Growth to Cash||5RA18||RA201835|
|Managed Income to Growth||5RA19||RA201836|
|Managed Income to Cash||5RA22||RA201837|
|Managed Cash to Growth||5RA24||RA201838|
|Managed Cash to Income||5RA29||RA201839|
|Managed Cash Ord. Redemption||5RA30||RA201840|
Conversion instructions must be received no later than 14 calendar days before a chosen conversion date. If you hold your shares through the J.P. Morgan Investment Account or ISA conversion instructions must be received no later than 21 calendar days before a chosen conversion date using the relevant conversion instruction form.
If you hold your shares in certificated form, there is a Conversion Notice printed on the reverse of your share certificate.