Depending on the share class, the fund’s annual charge will be 0.8% for the B share class. The A share class is priced at 1.25% while the C class is priced at 0.65%. In addition, a fixed operating and administrative expense of 0.18% is set for all share classes.
The fund will be managed by a team of four, including London-based chief investment officer of JP Morgan’s international global multi-asset group James Elliot, Jeff Geller chief investment officer for the firm’s US global multi-asset team, multi-asset specialist Talib Sheikh and Jonathan Cummings who works in the global multi-asset team.
The UK fund is a diversified portfolio offering a composite benchmark of both bonds and global equities. By comparison, the US portfolio has its greatest weightings in US equities, followed by international equities and high yield bonds.
