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Win a trip to Disneyland Paris with JPMAM saving for children scheme

12th March 2007 Print
JPMorgan Asset Management (JPMAM), provider of investment trusts, today announced they are offering the opportunity for individuals to win one of five family holidays to Disneyland® Resorts Paris.

To enter the prize draw, individuals simply need to request a Saving for Children information pack from the JPMAM investment trusts website at jpmorganinvestmenttrusts.co.uk. Competition entries are sent with the information pack, or can be completed online. The closing date for entries is 30 April 2007 and winners will be notified by 15 May 2007.

Each prize is a fantastic package holiday for two adults and two children (aged 2-11 years) and includes:

Return Standard Class Eurostar - London Waterloo / Disneyland Paris
3 nights accommodation at a 4-star rated hotel (sharing a family room) including breakfast
Unlimited entrance into both Disney Parks and Disney Village
Comprehensive travel insurance

James Saunders Watson, Head of Sales and Marketing for Investment Trusts at JPMAM said: “Financial issues such as saving for school and university fees, getting on the property ladder or buying their first car, mean children may have more choices in life if some forward planning is done now on their behalf. It is important for parents, grandparents, and members of the extended family, to understand what products are available to help them build a child’s financial future. Even saving a small amount on a regular basis can transform a child’s options when they reach 18 years of age.”

To help parents get their children off to a good start in life, the JPMorgan Share Plan offers an easy and flexible way to invest directly in its nineteen investment trusts. Parents can use the Share Plan to create and build their own balanced portfolio of investments covering the world’s leading stock markets, from the UK , Continental Europe, the US, Asia, Japan and emerging markets.

To illustrate the potential returns by regularly investing in the JPMorgan Share Plan, an investment of £50 per month, the minimum monthly subscription, in JPMF Claverhouse IT - which invests in UK large cap stocks and would make an ideal core fund in a balanced portfolio - might be worth £16,917 over 18 years. A regular investment of £100 per month in the same investment trust invested over the same period might be worth £33,885 over 18 years.

Saunders Watson continued: “Last week’s news about 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 savvy investor who puts away from as little as £50 a month - or less than the cost of a coffee each day - will not have to worry about trying to time the market, especially in an unstable period.”

Key features of investing in the JPMorgan Share Plan include :

Accessibility: minimum investment of £500 lump sum. Alternatively, investors can set up a direct debit from just £50 per month

Range: whatever their goal, investors should be able to find an investment trust, or a combination of trusts, that suits their investment needs

Flexibility: investors can stop, start, increase and decrease contributions at any time without penalty

No constraints: there is no limit on how many trusts that can be held nor how much money can be invested

Control: Investors on behalf of children have full control over their investment and they can access their money at any time. Investors can decide when children should receive their money

Low charges: JPMAM’s range of investment trusts are designed to keep investment costs as low as possible. There is a 1% transaction charge on purchases and sales (plus the usual 0.5% government stamp duty on purchases); this is capped at £50 per transaction per trust. However this transaction charge on purchases is being waived until 30 April 2007 to encourage investment into the Share Plan

Saunders Watson concluded: “For investors who are considering saving for their children, this is a wonderful opportunity. Not only are they able to access investment expertise from the UK’s leading provider of investment trusts, but they are able to do so with no initial charge. And as further incentive, investors have the chance to win one of five family holidays to Disneyland® Resorts Paris.”