This is a brand-new investment trust managed by JP Morgan. The aim is to provide a target return of 7% to 9% p.a. (net of fees), of which 4% to 6% will come via income. The fund will take 6 to 12 months to be fully invested.
The reason for launching the strategy is to provide investors with access to a large alternative platform, operated by JP Morgan over the last 20 years. These strategies are private funds and cannot be access by retail investors. This strategy will provide a central point of access to the unlisted platform….read more