Notification of change to the underlying fund of L36 JPMorgan Indonesia
23 May 2019
Friends Provident International Limited previously wrote to clients invested in L36 JPMorgan Indonesia in September 2018 advising of a proposed merger, which had been notified to us by JPMorgan Asset Management (the “Company”).
We have now been notified by the Company that, as the result of the recent Extraordinary General Meeting (EGM), the proposed merger will NOT be going ahead.
As a result, the underlying fund of the above named fund is available for new investment from 13 May 2019 (the “Effective Date”), meaning L36 JPMorgan Indonesia will also become available for new investment and switching from the Effective Date.
Referring to our communication in November 2018, the regular premiums made into L36 JPMorgan Indonesia were redirected to J42 JPM USD Money Market VNAV from 5 December 2018. You are free to invest or switch into L36 JPMorgan Indonesia, without charge, after the Effective Date.
Should you have any questions regarding these changes, please contact International Funds & Investments.