JPMorgan Elect Managed Growth

ISIN:GB0008528142 Bloomberg ticker:JPE LN

JPMorgan Elect Managed Growth aims for long-term capital growth from an internationally diversified portfolio invested in investment trusts and open ended funds principally managed by J.P. Morgan Asset Management.

  • Share price -p
  • NAV* -p
  • Premium*-
For information on charges relating to this trust please check Trust factsheet.
Source: J.P. Morgan Asset Management. Share Price updates every
15 minutes, current update as - on - .
* All other figures shown are as at close of business on 25/07/2016 using the cum income NAV per share with debt at fair value.

About this trust

  • Investment objective

    • Aims to provide long term capital growth from investing in a range of investment trusts and open ended funds managed principally by JPMorgan Asset Management.

  • Fund facts

    • Total fund size: £210,861,035
    •  (as at 30/06/2016)
    • Benchmark: 50% FTSE All-Share Index and 50% FTSE World Index (ex UK) (£)
    • Investment style: Growth
    • Sector: Global
  • Risk warnings

    The value of investments and the income from them can go down and up, and you may not get back as much as you paid in. Past performance is not a guide to the future.

    For further risks associated with this trust please refer to the 'Key risks' section below.

Performance

Cumulative performance of an original investment of £100.

  • 1 yr
  • 3 yr
  • 5 yr
 
8102a351-5d33-495c-9a4f-3bde3ada93e9

You should remember that past performance is not a guide to the future.
Source: J.P. Morgan Asset Management. Total return, net of charges and any applicable fees using cum income Net Asset Values (NAVs) debt at par with net dividend (if any) reinvested, in sterling. For detail see the Trust’s latest Report & Accounts.

Fund Managers

  • Katy Thorneycroft

    Katy Thorneycroft, executive director, is a portfolio manager in the Asset Management Solutions - Global Multi-Asset Group (“AMS - GMAG”), focusing on fund of funds and investment trust funds. An employee since 1999, Katy was previously a portfolio manager in the convertible bonds team and a member of AMS - GMAG in New York. Prior to this, Katy was a portfolio manager in the European Equity Group in London focusing on small and mid-cap strategies. Katy obtained a MChem from the University of Oxford and is a CFA charterholder.

Important information

Key attributes
  • A global equity portfolio with a significant UK equity exposure.
  • Invests in investment trusts and other pooled funds to provide a very high level of underlying investment diversification.
  • Principally invests in funds managed by J.P. Morgan, offering investors access to the breadth of J.P. Morgan's investment expertise.
  • Includes funds managed by external managers to benefit from a wide range of investment approaches.
  • Part of JPMorgan Elect - a unique investment trust structure with three investment options and a tax-free switching facility.
Essential information

Shares and debentures (if any) in an investment trust are not subject to the Financial Conduct Authority's (FCA) restrictions for marketing Non-mainstream Pooled Investment products, therefore investment trust products can be marketed to retail investors directly or via Independent Financial Advisers.

Charges

For information on charges relating to this trust please check the Trust factsheet.

Key risks
  • Exchange rate changes may cause the value of underlying overseas investments to go down as well as up.
  • Investments in emerging markets may involve a higher element of risk due to political and economic instability and underdeveloped markets and systems. Shares may also be traded less frequently than those on established markets. This means that there may be difficulty in both buying and selling shares and individual share prices may be subject to short-term price fluctuations.
  • This trust may invest in non investment grade bonds which increases the capital risk and have an adverse effect on the performance of funds which invest in them.
  • Where permitted, a trust may invest in other investment trusts that utilise gearing (borrowing) which will exaggerate market movements both up and down.
  • This fund may use derivatives for investment purposes or for efficient portfolio management.
  • External factors may cause an entire asset class to decline in value. Prices and values of all shares or all bonds could decline at the same time.
  • This trust may also invest in smaller companies which may increase its risk profile.
Three investment choices with JPMorgan Elect Investment Trust

Share classes available through the JPMorgan Elect Managed Investment Trust are Cash, Growth and Income. You can convert from one to the other four times a year without incurring a liability to capital gains tax. These dates are in February, May, August and November, but instructions to convert have to be received before these dates.

More about conversion timings

Annual and half year reports
Annual general meeting

Date: January 2017
Time: 12 noon
Location: 60 Victoria Embankment, London EC4 OJP.

AGM Presentation 2015

Proxy Voting as at:

9 December 2015

18 December 2014

19 December 2013

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