JPM Chinese IT to begin paying dividends in income drive
Trust to change name
The change is being proposed for shareholder approval at the next annual general meeting in February 2020
The board of the JPMorgan Chinese Investment Trust has proposed a new dividend distribution policy to give the vehicle a stronger focus on income, which would also see it change its name to reflect the move.
Though the board said it remains supportive of the trust's investment strategy and has no wishes to amend this, it has proposed introducing an enhanced dividend to help the trust appeal to investors seeking...
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