JPM Elect - steer your investment strategy through life

JPM Elect offers a flexible solution for long-term investors

Overview

JPM 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.

Three investment choices

JPM Elect offers three investment choices:

JPM 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.

JPM Elect quarterly Conversion Dates

28 February
31 May
31 August
30 November

JPM 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.

How do I convert?

CREST instructions for CREST members, in respect of the May 2012 conversion, are as follows:

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