JPMAM reminds investors of last minute ISA details and timings
As Tax Year End approaches investors looking to take advantage of their Individual Savings Account (ISA) allowance of £10,200 this year are reminded they can invest up until 11.55pm on Tuesday 5th April 2011 through J.P. Morgan Asset Management's online wealth management service, J.P. Morgan WealthManager+. All of J.P. Morgan Asset Management's investment trusts and OEICs can be purchased via the service.
With no initial charges on J.P. Morgan Asset Management OEICs and investment trusts held within an ISA via J.P. Morgan WealthManager+, investors can maximise tax savings while taking advantage of the wide choice of growth and income-generating opportunities available. This includes:
Over 30 J.P. Morgan OEIC funds: including the JPM Cautious Total Return Fund, JPM Global Consumer Trends Fund and JPM Multi-Asset Income Fund - each with different investment aims to help investors achieve their goals.
Over 20 J.P. Morgan investment trusts - from the number one investment trust provider (Source: AIC 30 November 2010).
Access to investments from over 20 other leading UK fund managers (these may be subject to additional charges levied by the third party fund managers).
In addition, J.P. Morgan Asset Management is raising further capital for the JPMorgan Global Emerging Markets Income Trust through an issue of new shares. The trust is specifically geared towards providing income away from UK companies and is a great opportunity for investors to take advantage of during ISA season. The offer period is open to investors throughout the current ISA season and also for early bird 2011/12 ISA applications with the offer closing in mid April.
Peter Feasey, Head of J.P. Morgan WealthManager+ comments: "Through J.P. Morgan WealthManager+ investors have a wide range of options to suit their ISA investment needs - whether investing for growth or income. WealthManager + provides investors with a substantial amount of information along with planning tools to help them make their decisions. They are also able to take advantage of the fact that we are waiving the initial charges on any J.P. Morgan Asset Management OEIC or investment trust held within our ISA and opened before 30th April 2011. This means investors also wishing to open next year's ISA can save even more when the ISA limit increases to £10,680 from 6th April 2011."
Direct investors can buy the J.P. Morgan ISA through the J.P. Morgan WealthManager+ platform at jpmorganassetmanagement.co.uk/investor.