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JPMorgan – Upcoming Merger of JPMorgan Funds (SICAV) – Multi-Manager
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.
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You have clicked on a link which leaves POEMS website, and you will be redirected to a third party website. POEMS makes no representations nor has any supervision or control over the quality, content, reliability or security of the third party website, nor shall POEMS be liable for its use.
This is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information.
Investments are subject to investment risks including the possible loss of the principal amount invested. Unit trusts distributed by Phillip Securities Pte Ltd (“PSPL”) are not obligations of, deposits in, or guaranteed by, PSPL or any of its affiliates.
The value of the units in any fund and the income from them may fall as well as rise. Past performance figures as well as any projection or forecast used in this publication are not necessarily indicative of future or likely performance of any unit trust. You should read the prospectus and product highlights sheet before deciding to subscribe for units in the respective fund. A copy of the prospectus can be obtained from the issuer or PSPL, or online at https://www.poems.com.sg/fund-finder/phillip-money-market-fund-534010/
You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
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