FSA Fund closure approval - JPM Institutional Japan Fund
Please note that the Authorised Corporate Director (ACD) has taken the decision to commence closure of the JPM Institutional Japan Fund on the 21st April 2010 after obtaining approval from the Financial Services Authority (FSA).
Why are we proposing to close the Fund
The ACD and Investment Manager consider the fund to be too small to be managed efficiently. We have therefore taken the decision that it would be in the interests of all shareholders and potential shareholders to close the Fund.
The Depositary has no objections to the proposal to close the Fund.
Last Trade for Clients
If you wish to switch or deal in Shares of the Fund you will need to provide valid instructions to our Investor Services Team by no later than 11.59am on the 21st April 2010. Any instruction received after this time will not be accepted and remaining shares will be redeemed on the liquidation date.
Further Information
If you have any questions about the closure of the Fund or require further information, please contact your usual J.P. Morgan representative, your financial adviser or call our UK-based Investor Services Team free on 0800 20 40 20. Financial Advisers should contact our dedicated Brokerline on 0800 727 770 for more information. Please note that telephone lines are recorded to ensure compliance with our legal and regulatory obligations and internal policies.