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JPMorgan Elect Plc (JPEC) Managed Cash Shares 0.01p

Sell:99.00p Buy:103.00p 0 Change: No change
Market closed Prices as at close on 17 August 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Conversion

JPMorgan Elect Plc Managed Cash Shares 0.01p

Type:
Conversion
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 15 Aug 2018)

What is happening?


JPMorgan Elect is an Investment Trust with three Share classes – Managed Growth, Managed Income and Managed Cash. Holders of any of the three classes of Shares have the opportunity to convert some or all of their Shares into one or more of the other Share classes on the next Quarterly Conversion Date on 31 August 2018. In addition you can elect to redeem your Shares at Net Asset Value on 31 August 2018.

 

What are my options?


If you wish to convert part or all of your holding or redeem your Managed Cash Shareholding, please notify us by 9.00 am on Friday 17 August 2018.


Shareholders may convert a minimum of 1,000 Shares or, if lower, their entire holding. If you do not return a conversion instruction, or a redemption instruction for your Managed Cash Shares, by the deadline you will retain your existing holding.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:99.00p
Buy:103.00p
Change: No change
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 17 August 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Conversion

JPMorgan Elect Plc Managed Cash Shares 0.01p

Type:
Conversion
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 15 Aug 2018)

What is happening?


JPMorgan Elect is an Investment Trust with three Share classes – Managed Growth, Managed Income and Managed Cash. Holders of any of the three classes of Shares have the opportunity to convert some or all of their Shares into one or more of the other Share classes on the next Quarterly Conversion Date on 31 August 2018. In addition you can elect to redeem your Shares at Net Asset Value on 31 August 2018.

 

What are my options?


If you wish to convert part or all of your holding or redeem your Managed Cash Shareholding, please notify us by 9.00 am on Friday 17 August 2018.


Shareholders may convert a minimum of 1,000 Shares or, if lower, their entire holding. If you do not return a conversion instruction, or a redemption instruction for your Managed Cash Shares, by the deadline you will retain your existing holding.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:99.00p
Buy:103.00p
Change: No change
Market closed Prices as at close on 17 August 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Conversion

JPMorgan Elect Plc Managed Cash Shares 0.01p

Type:
Conversion
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 15 Aug 2018)

What is happening?


JPMorgan Elect is an Investment Trust with three Share classes – Managed Growth, Managed Income and Managed Cash. Holders of any of the three classes of Shares have the opportunity to convert some or all of their Shares into one or more of the other Share classes on the next Quarterly Conversion Date on 31 August 2018. In addition you can elect to redeem your Shares at Net Asset Value on 31 August 2018.

 

What are my options?


If you wish to convert part or all of your holding or redeem your Managed Cash Shareholding, please notify us by 9.00 am on Friday 17 August 2018.


Shareholders may convert a minimum of 1,000 Shares or, if lower, their entire holding. If you do not return a conversion instruction, or a redemption instruction for your Managed Cash Shares, by the deadline you will retain your existing holding.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
101.00p
Trade high:
99.00p
Year high:
101.50p
Estimated NAV:
102.25
Previous close:
101.00p
Trade low:
99.00p
Year low:
98.00p
Premium/Discount:
-1.22%
Previous:
0.50p (0.50%)
Previous:
0.50p
Volume:
500
Dividend yield:
0.35%
Currency:
GBX
Data delayed by at least 15 minutes.

Price

  • Net Asset Value (NAV)
JPMORG..M.C. performance chart

Premium/Discount

JPMORG..M.C. performance chart
Full interactive share price and premium / discount charts

Performance

Not available for this stock.

Trust Basics

Benchmark: n/a
Annual management charge: n/a
Performance fee: No
Ongoing charge: 0.02%
Dividend yield: 0.35%
Dividend frequency: None
Total assets: £7m
Gross gearing: 100%
Market capitalisation:Market cap.: £7m
Shares in issue: 109.71 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB0034080092

Recent dividends paid or declared by JPMorgan Elect Plc:

Type Ex-div date Payment date Amount
4th interim 24/08/2017 20/09/2017 0.35p
4th interim 25/08/2016 23/09/2016 0.35p
4th interim 27/08/2015 25/09/2015 0.35p
4th interim 27/08/2014 24/09/2014 0.35p

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Five years' total annual JPMorgan Elect Plc dividends:

Financial
year end
Dividend
yield
Dividend
cover
Total dividend
paid
31/08/2017 0.30% 0.63 0.35p
31/08/2016 0.30% 1.11 0.35p
31/08/2015 0.30% 1.06 0.35p
31/08/2014 0.30% 0.97 0.35p
31/08/2013 0.10% 1.13 n/a

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

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More about the Fund and Share Account

Important Documents



Objective

To provide preservation of capital with a yield based on short term interest rates by investing in a range of liquidity funds, selected for their yield and credit rating and short dated UK government securities/G7 government securities hedged into Sterling. In order to achieve its objective, the portfolio invests no more than 20% of its value in any one liquidity fund or short dated government security. All liquidity funds or government securities shall have an AAA credit rating (as measured by Standard & Poor’s) or equivalent rating from a recognised credit rating agency.

NET ASSET VALUE (NAV)

Estimated NAV: 102.25
Latest actual NAV: 102.25
Latest actual NAV date: 16 August 2018
Premium/Discount: -1.22%
12m average Premium/Discount: -1.42%
NAV frequency: Daily
Time / date Time Buy / sell Type Volume Price Value
14:46 - 17/08 14:46
17/08
Sell 500 99.00p £495.00
10:33 - 16/08 10:33
16/08
Buy 970 103.00p £999.10
×

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’.

Security Weight
JPM Sterling Liquidity X (dist.) 16.84%
BlackRock ICS Sterling Liq Heritage Inc 16.84%
ILF GBP Liquidity 3 16.74%
Fidelity ILF - GBP A Flex Inc 16.55%
Aberdeen Liqdty (Lux) Sterling L-3 16.34%
Cash And Deposits 0.06%

Top 10 sectors currently unavailable.

Country Weight
Australia 2.57%
United Kingdom 1.69%
Japan 1.34%
Canada 1.12%
Netherlands 0.85%
Hong Kong 0.51%
United States 0.40%
France 0.24%
Germany 0.15%
Singapore 0.14%

Key Dates

Launch date: 19 January 2004
Financial year end: August
Next AGM: January 2019
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV provided by Morningstar.
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.