J.P. Morgan Asset Management has delivered Key Investor Information Documents (KIID) for its Luxembourg domiciled UCITS funds ahead of the 1 July 2012 deadline.
Under the latest UCITS IV rules, a KIID has to be provided to investors before they invest. The KIID must be written in non-technical language and include five main areas of content; objectives and investment policy, risk and reward profile, charges for the fund, past performance and practical information. In order to comply with the regulation J.P. Morgan Asset Management has produced 18,000 documents for 193 funds which includes approximately 1,400 active share classes in up to 14 different languages. Jon Griffin, head of fund services for Europe at J.P. Morgan Asset Management s...
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