Notification of changes to the underlying fund of J30 JPMorgan India
05 August 2020
We have been notified by JPMorgan Asset Management (Europe) S.á.r.l (the “Company”) of the following changes to the manager of the underlying fund of J30 JPMorgan India. This change will come into effect from 31 August 2020 (the “Effective Date”).
Change of manager of the underlying fund of J30 JPMorgan India
Please see the table below for more details on the change of manager of the underlying fund of J30 JPMorgan India:
|
|
Before the Effective Date |
With effect from the Effective Date |
|
Fund Name |
J30 JPMorgan India |
J30 JPMorgan India |
|
Investment Manager of the underlying fund of J30 JPMorgan India |
JF India Management Limited |
JPMorgan Funds (Asia) Limited |
Retirement of Hong Kong Representative of the underlying fund of J30 JPMorgan India
The Company have confirmed the below, which has been extracted from the shareholder circular of the underlying fund of J30 JPMorgan India:
“Currently, JPMorgan Funds (Asia) Limited is appointed as the Hong Kong representative of the Fund since the Retiring Manager is not incorporated and does not have a place of business in Hong Kong.
After the said change of manager is effective, it is no longer necessary to appoint a Hong Kong representative for the Fund since the New Manager is incorporated and has a place of business in Hong Kong. Therefore, JPMorgan Funds (Asia) Limited will retire as the Hong Kong representative of the Fund with effect on and from the Effective Date.”
The Company have further confirmed that the above changes will have no impact on or give rise to any change in (i) the features and risks applicable to the underlying fund of J30 JPMorgan India, (ii) the operation of the underlying fund and/or manner in which the underlying fund is being managed, or (iii) the fee level/cost in managing the underlying fund. The above changes will not materially prejudice the interests of existing investors of the underlying fund.
Should you have any questions regarding these changes, please contact International Funds & Investments.