Changes to investment policy of JPM Global Balanced fund
J.P. Morgan Asset Management has notified us of changes to the investment policy of the JPM Global Balanced fund (the “Fund”). These changes have already taken place.
The investment policies of the Fund have been updated to provide for exposure to commodities through commodity index instruments and exchange traded commodities (ETCs). The commodity exposure may represent up to 5% of the assets of the Fund.
Allocation to commodities aims to enhance portfolio resilience, diversify risk and capture potential upside in the current macroeconomic environment.
In addition, commodities have been added to the list of Investment Risks applicable to the Fund, however there is no material increase to the risk profile of the Fund.
The JPMorgan Investment Funds prospectus and the Fund's KID has been updated and has been made available in the Documents section of the relevant Fund page on the Multi-asset section of the J.P. Morgan website.