JPMorgan – Upcoming Merger of JPMorgan Funds (SICAV) – Multi-Manager

Notice to Shareholders

The Fund Manager wish to inform you regarding the upcoming Merger of JPMorgan Funds (SICAV) – Multi-Manager.

MERGER OF JPMORGAN FUNDS – Multi-Manager Sustainable Long-Short Fund INTO JPMORGAN FUNDS – Multi-Manager Alternatives Fund


Agent Notification Date: 14 April 2022

What is happening?

We are writing to inform you that the JPMorgan Funds – Multi-Manager Sustainable Long-Short Fund (the “Merging Sub-Fund”) will be merged into the JPMorgan Funds – Multi-Manager Alternatives Fund (the “Receiving Sub-Fund”) on 17 June 2022 (the “Effective Date”).


You do not need to take any action. However, if, as a consequence of these changes, you wish to redeem your shares, or switch your holding into any other sub-funds managed by J.P. Morgan Asset Management (those that are available through your bank, distributor or financial adviser), you may do so free of charge during the waiver period between 15 April 2022 until  17 June 2022 (cut-off time, 5:00pm, Singapore time).


The Singapore Offering Documents will be updated at the next available opportunity to reflect the change. All other fees and expenses remain the same and this will not change the way in which the relevant Sub-Funds are managed.


For full details, please refer to client letter attached with the enclosed Luxembourg notice for more information.


Will there be client notification for existing unitholders?

Yes, there will be client notification letter of attached.

What are the key dates ?

Agent Notification Date:

Client Notification Date:

Effective Merger Date:

Free switching/redemption period

14 April 2022

15 April 2022

17 June 2022

15 April 2022 to 17 June 2022 (5:00pm, Singapore time)

Should you have any questions, please contact your J.P. Morgan representative or call our Singapore Client Service Hotline: (65) 6882 1328

This document has been produced for information purposes only. The information is considered to be reliable at the time of writing. Please always refer to the offering documents for further details.


For more details, please read the shareholder notification letter.

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This material is provided by Phillip Capital Management (S) Ltd (“PCM”) for general information only and does not constitute a recommendation, an offer to sell, or a solicitation of any offer to invest in any of the exchange-traded fund (“ETF”) or the unit trust (“Products”) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You should read the Prospectus and the accompanying Product Highlights Sheet (“PHS”) for key features, key risks and other important information of the Products and obtain advice from a financial adviser (“FA“) pursuant to a separate engagement before making a commitment to invest in the Products. In the event that you choose not to obtain advice from a FA, you should assess whether the Products are suitable for you before proceeding to invest. A copy of the Prospectus and PHS are available from PCM, any of its Participating Dealers (“PDs“) for the ETF, or any of its authorised distributors for the unit trust managed by PCM.  

An ETF is not like a typical unit trust as the units of the ETF (the “Units“) are to be listed and traded like any share on the Singapore Exchange Securities Trading Limited (“SGX-ST”). Listing on the SGX-ST does not guarantee a liquid market for the Units which may be traded at prices above or below its NAV or may be suspended or delisted. Investors may buy or sell the Units on SGX-ST when it is listed. Investors cannot create or redeem Units directly with PCM and have no rights to request PCM to redeem or purchase their Units. Creation and redemption of Units are through PDs if investors are clients of the PDs, who have no obligation to agree to create or redeem Units on behalf of any investor and may impose terms and conditions in connection with such creation or redemption orders. Please refer to the Prospectus of the ETF for more details.  

Investments are subject to investment risks including the possible loss of the principal amount invested. The purchase of a unit in a fund is not the same as placing your money on deposit with a bank or deposit-taking company. There is no guarantee as to the amount of capital invested or return received. The value of the units and the income accruing to the units may fall or rise. Past performance is not necessarily indicative of the future or likely performance of the Products. There can be no assurance that investment objectives will be achieved.  

Where applicable, fund(s) may invest in financial derivatives and/or participate in securities lending and repurchase transactions for the purpose of hedging and/or efficient portfolio management, subject to the relevant regulatory requirements. PCM reserves the discretion to determine if currency exposure should be hedged actively, passively or not at all, in the best interest of the Products.  

The regular dividend distributions, out of either income and/or capital, are not guaranteed and subject to PCM’s discretion. Past payout yields and payments do not represent future payout yields and payments. Such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value (“NAV”) of the Products. Please refer to <> for more information in relation to the dividend distributions.  

The information provided herein may be obtained or compiled from public and/or third party sources that PCM has no reason to believe are unreliable. Any opinion or view herein is an expression of belief of the individual author or the indicated source (as applicable) only. PCM makes no representation or warranty that such information is accurate, complete, verified or should be relied upon as such. The information does not constitute, and should not be used as a substitute for tax, legal or investment advice.  

The information herein are not for any person in any jurisdiction or country where such distribution or availability for use would contravene any applicable law or regulation or would subject PCM to any registration or licensing requirement in such jurisdiction or country. The Products is not offered to U.S. Persons. PhillipCapital Group of Companies, including PCM, their affiliates and/or their officers, directors and/or employees may own or have positions in the Products. Any member of the PhillipCapital Group of Companies may have acted upon or used the information, analyses and opinions herein before they have been published. 

This advertisement has not been reviewed by the Monetary Authority of Singapore.  


Phillip Capital Management (S) Ltd (Co. Reg. No. 199905233W)  
250 North Bridge Road #06-00, Raffles City Tower ,Singapore 179101 
Tel: (65) 6230 8133 Fax: (65) 65383066