How to buy

You can invest from just £1,000 upwards – wrapped in an ISA or via direct investment in the relevant fund. You can make additional top-ups of at least £100 – or invest from £100 monthly. More on how to invest with us

How OEICs work

As a type of collective investment vehicle, OEICs pool together money from many investors. They then invest in a wide range of securities, usually company shares and bonds.

OEICs invest in many different companies, and so help to spread any investment risk. OEICs are also professionally managed by our own fund managers – they make all the investment decisions on your behalf.

Each fund is divided into shares of equal size. The price of each share moves in line with the fund’s underlying portfolio performance and is calculated daily. New shares can be created if more investors want to invest in the fund, or cancelled when investors decide they want to sell their holding.

Getting the most from your OEIC

• Generate an income – look for OEIC funds that offer income generation as one of their investment objectives – then simply purchase ‘income shares’. Visit our Daily Prices page to determine which funds pay the level of income you’re looking for. The investment objectives of each fund can be found in the Simplified Prospectus.
• Choosing a tax-free ISA – you can opt to hold all our OEIC funds (there are more than 30) in a tax-efficient ISA, for no extra charge. This way, you can invest up to £7,200 tax free ,per tax year. There is no capital gains tax or further income tax on your investment returns. You can also transfer existing ISAs from another provider to JPMorgan Asset Management.

Keeping track of your OEIC

• Online – visit the Fund Explorer of this website and select the Daily Fund Prices or Fund Valuation Tool tabs. You can also register for online services in the Manage your account area. This allows you to buy, sell, switch and change personal details, as well as keep track of your investments.
• By post – every six months we’ll send you a statement showing you the value of your funds.
• In newspapers – daily OEIC prices are listed in the Financial Times and The Daily Telegraph.

Charges

J.P.Morgan OEIC funds have two charges:

• Initial charge – this is paid on new investments and amounts to between 3.5% and 4.25% for JPMorgan OEIC funds.
• Annual management charge – this is typically between 1% and 1.5% and covers our continuing cost of professionally managing the investments on your behalf.