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JPMAM highlights benefits of investing in investment trust ISAs

15th February 2010 Print

JP Morgan Asset Management is offering investors 0% initial charge on all lump sum investments in JP Morgan Investment Trust ISAs when purchased online, until 30 April 2010.

The offer applies to all 19 investment trusts managed by JP Morgan Asset Management, the UK‘s largest investment trust manager, for 2009/2010 and early bird 2010/2011 ISA allowances. Investors can take advantage of the offer by visiting the Company's recently launched online wealth management service, JP Morgan WealthManager+, through which all of its investment trusts can be purchased.

JP Morgan Asset Management is also offering investors who chose to invest offline an initial charge of 0.5% on all lump sum ISA investments in their investment trusts until 30 April 2010. Free switching and ISA transfer is also available.

Speaking about the opportunities of investing in an ISA David Barron, Head of Investment Trusts at JP Morgan Asset Management said, "Using your ISA allowance remains one of the best ways of building long- term savings. If you had utilised your full ISA allowance each year from 1999 to 2009 and invested in JPMorgan Indian Investment Trust, for example, the value of the ISA would be £262,000. In addition, the increased ISA allowance of  £10,200, which can be invested as a lump sum or through regular savings of up to £850 per month, is a welcome opportunity to put more money into equities in a tax efficient way. Investment trusts continue to be one of the best ways of gaining exposure to the growth potential in different markets and JP Morgan Asset Management has the broadest range, thus providing investors with the opportunity to select the appropriate investments to suit their investment goals."

In order to help investors make the right decision about selecting an appropriate investment trust for their ISA, JP Morgan Asset Management has categorised their investment trusts into four risk ratings, ranging from growth in Emerging Markets to income products.