JP Morgan Asset Management encourages tax-efficient investments

In a bid to encourage investors to take advantage of tax-efficient investment measures, JPMorgan Asset Management (JPMAM) today announced that it is offering discounts across its range of Investment Trust and OEIC ISAs until 30 April 2007.

JPMAM’s offer includes free ISA and PEP transfers into both the Investment Trust and OEIC fund ranges. In addition, it is waiving transaction charges on all investments over £1,000 into any of its JPMorgan Investment Trust ISAs and offering two per cent off the initial investment charge for JPMAM OEICs. As these special offers are available until 30 April 2007, investors can take advantage of the benefits on offer for both this and next year’s ISA allowances.

Campbell Fleming, Managing Director and Head of UK, JPMorgan Asset Management said: “ISAs are a tax efficient savings vehicle and we are urging investors to make the most of these tax breaks by taking advantage of the special offers on all JPMorgan OEIC and Investment Trust ISAs. We have extended these offers until the 30th April 2007, allowing savvy investors to not only make the most of this year’s tax breaks, but also begin capitalising on next year’s ISA allowance.”

Fleming concluded: “The recent global market volatility is a clear reminder that investors are generally better off investing regularly or on a monthly basis rather than by investing lump sums irregularly. Markets can rise and fall, therefore the smart investor who puts away from as little as £50 a month will not have to worry about trying to time the market, especially in an unstable period.”

To take advantage of these special offers investors can apply by one of the following methods:

Call us free on 0800 20 40 20

Download an application pack or set up an online dealing account at jpmorganassetmanagement.co.uk

Investors wishing to qualify for the current tax year can submit applications up until 5 April 2007 (5.30pm for telephone applications and 10pm for internet applications). Those who have received financial advice must submit their ISA applications by 29 March 2007.

Offering investors the choice of 19 investment trusts, JPMAM is the UK’s largest investment trust manager, with over £7bn in assets under management as at 28th February. JPMAM also offers more than 20 different OEIC funds, each designed to fill a particular need in your portfolio.

Further information is available on the website at jpmmorganassetmanagement.co.uk.