Skip to main content
  • rainbow over text: 'thank you NHS'
  • Register
  • Help
  • Contact us
  • Log out of your HL account

JPMorgan Elect Plc (JPE) Managed Growth Shares 0.00421644p

Sell:760.00p Buy:775.00p 0 Change: 7.50p (0.99%)
Market closed Prices as at close on 28 May 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Conversion

JPMorgan Elect Plc Managed Growth Shares 0.00421644p

Type:
Conversion
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 4 May 2020)

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 of 31 May 2020. In addition holders of Managed Cash Shares can elect to redeem their Shares at Net Asset Value on 31 May 2020.

 

What are my options?


If you wish to convert part or all of your holding, please notify us by noon on Thursday 14 May 2020.


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 a holding of 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:760.00p
Buy:775.00p
Change: 7.50p (0.99%)
Market closed Prices as at close on 28 May 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Conversion

JPMorgan Elect Plc Managed Growth Shares 0.00421644p

Type:
Conversion
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 4 May 2020)

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 of 31 May 2020. In addition holders of Managed Cash Shares can elect to redeem their Shares at Net Asset Value on 31 May 2020.

 

What are my options?


If you wish to convert part or all of your holding, please notify us by noon on Thursday 14 May 2020.


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 a holding of 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:760.00p
Buy:775.00p
Change: 7.50p (0.99%)
Market closed Prices as at close on 28 May 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Conversion

JPMorgan Elect Plc Managed Growth Shares 0.00421644p

Type:
Conversion
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 4 May 2020)

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 of 31 May 2020. In addition holders of Managed Cash Shares can elect to redeem their Shares at Net Asset Value on 31 May 2020.

 

What are my options?


If you wish to convert part or all of your holding, please notify us by noon on Thursday 14 May 2020.


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 a holding of 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.

 

×
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:
760.00p
Trade high:
764.35p
Year high:
922.50p
Estimated NAV:
801.40
Previous close:
760.00p
Trade low:
756.30p
Year low:
572.50p
Premium/Discount:
-5.17%
Previous:
20.00p (2.70%)
Previous:
20.00p
Volume:
9,904
Dividend yield:
2.02%
Currency:
GBX
Data delayed by at least 15 minutes.

Price

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

Premium/Discount

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

Performance

Not available for this stock.

Trust Basics

Benchmark: FTSE World (ex UK) GBP
Annual management charge: 0.3% of Net Assets
Performance fee: No
Ongoing charge: 0.58%
Dividend yield: 2.02%
Dividend frequency: Quarterly
Total assets: £240m
Gross gearing: 100%
Market capitalisation:Market cap.: £228m
Shares in issue: 118.01 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB0008528142

Recent dividends paid or declared by JPMorgan Elect Plc:

Type Ex-div date Payment date Amount
3rd interim * 14/05/2020 19/06/2020 3.00p
2nd interim 13/02/2020 20/03/2020 5.45p
1st interim 21/11/2019 20/12/2019 3.50p
4th interim 15/08/2019 19/09/2019 3.49p
3rd interim 23/05/2019 21/06/2019 4.45p

* Dividend has not yet been paid but has been declared by JPMorgan Elect Plc.

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
31/08/2019 1.90% 1.00 15.50p
31/08/2018 1.50% 1.07 13.10p
31/08/2017 1.40% 1.15 11.00p
31/08/2016 1.30% 1.03 8.70p
31/08/2015 1.10% 1.03 6.75p

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

Ready to invest?

To buy shares in , you'll need to have an account. Try our handy filter to explore the different options.

Compare accounts

Ready to take your first step?

To invest in , you'll need to open an account.
Try our handy filter to find which one suits you best.

Compare accounts

Important Documents



Objective

The objective of the Managed Growth portfolio is to achieve long term capital growth from investments in closed and open-ended funds managed principally by JPMorgan. In order to achieve its stated investment policy and to seek to manage investment risks, the Managed Growth portfolio is invested in a diversified range of investment trusts and open-ended funds, which themselves invest in the UK and overseas. The number of investments in the portfolio will normally range between 30 and 50.

NET ASSET VALUE (NAV)

Estimated NAV: 801.40
Latest actual NAV: 726.34
Latest actual NAV date: 8 April 2020
Premium/Discount: -5.17%
12m average Premium/Discount: -2.50%
NAV frequency: Daily

Recent trade data is unavailable. We will be replacing it, however in the meantime the information is available on the London Stock Exchange website.

Sector Weight
Financial Services 18.10%
Technology 13.43%
Consumer Cyclical 12.27%
Consumer Defensive 10.06%
Healthcare 9.90%
Industrials 9.32%
Communication Services 8.30%
Basic Materials 4.61%
Energy 3.79%
Real Estate 3.21%
Country Weight
United Kingdom 43.59%
United States 33.76%
Japan 2.74%
Netherlands 1.98%
China 1.87%
Switzerland 1.71%
France 1.47%
Germany 1.39%
India 0.90%
Taiwan 0.80%

Key Dates

Launch date: 24 November 1999
Financial year end: August
Next AGM: January 2021
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.

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'.