JPMorgan Multi Asset Trust changes name and dividend policy
Trading on a discount of 11.8%
The trust will continue to aim to provide its shareholders with income generation and capital growth
JPMorgan Multi Asset Trust is being rebranded to JPMorgan Multi-Asset Growth & Income and will enforce a progressive distribution policy linked to inflation as the managers seek to make the trust more attractive.
The £80m investment trust, which has just celebrated its third anniversary, currently trades on a discount of 11.8%. According to QuotedData, the managers are dropping the policy of having the dividend...
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