JP Morgan European Income investment trust under formal review by ii

Proposed merger with JP Morgan European Growth investment trust

Pedro Gonçalves
clock • 1 min read
As part of the merger of the two trusts is the introduction of a dividend target of 4% a year
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As part of the merger of the two trusts is the introduction of a dividend target of 4% a year

JP Morgan European Income investment trust has been placed under formal review by interactive investor due to the proposed merger with JP Morgan European Growth investment trust.

Dzmitry Lipski, head of funds research, interactive investor, said: "The trust is unusual in that it has two portfolios of assets; one income orientated and the other designed to produce capital growth....

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