J.P. Morgan Asset Management to Disclose Daily and Weekly Money Market Fund
--Additional information follows money market fund daily market-based NAV
NEW YORK, June 17, 2013
NEW YORK, June 17, 2013 /PRNewswire/ --J.P. Morgan Asset Management's U.S.
money market funds will begin disclosing their levels of daily and weekly
liquid assets online each business day as of the prior business day, effective
June 18, 2013. The information will provide investors with greater
transparency, but there will be no change to the operation of the funds.
This liquidity disclosure is in addition to the money market funds' current
practice of disclosing daily market-based net asset values (NAVs) per share,
announced by J.P. Morgan Asset Management on January 9, 2013. The information
can be found on the web at www.jpmorganfunds.com.
"Providing investors with timely and easy access to daily and weekly liquidity
information about money market funds helps investors develop a better
understanding of how market movements impact liquidity fluctuations," said
John Donohue, Chief Investment Officer, J.P. Morgan Asset Management Global
Liquidity. "This will allow investors to make more informed decisions about
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $1.5 trillion
(as of 03/31/2013), is a global leader in investment management. J.P. Morgan
Asset Management's clients include institutions, retail investors and high-net
worth individuals in every major market throughout the world. J.P. Morgan
Asset Management offers global investment management in equities, fixed
income, real estate, hedge funds, private equity and liquidity. J.P. Morgan
Global Liquidity offers clients money market and liquidity products over a
diverse array of currencies, strategies and jurisdictions. JPMorgan Chase &
Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a
leading global financial services firm with assets of approximately $2.1
trillion and operations in more than 60 countries. Information about JPMorgan
Chase & Co. is available at www.jpmorganchase.com.
Contact JPMorgan Distribution Services at 1-800-480-4111 for a fund
prospectus. You can also visit us atwww.jpmorganfunds.com. Investors should
carefully consider the investment objectives and risks as well as charges and
expenses of the mutual fund before investing. The prospectus contains this and
other information about the mutual fund. Read the prospectus carefully before
An investment in a money market fund is not insured or guaranteed by the FDIC
or any other government agency. Although money market funds strive to preserve
the value of the investment at $1.00 per share, it is possible to lose money
by investing in a money market fund.
J.P. Morgan Asset Management is the marketing name for the asset management
businesses of JPMorgan Chase & Co. Those businesses include, but are not
limited to, J.P. Morgan Investment Management Inc., Security Capital Research
& Management Incorporated and J.P. Morgan Alternative Asset Management, Inc.
JPMorgan Funds are distributed by JPMorgan Distribution Services, Inc. (JPMDS)
and offered by J.P. Morgan Institutional Investments, Inc. (JPMII); both
affiliates of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive
fees for providing various services to the funds. JPMDS and JPMII are both
members of FINRA/SIPC.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
SOURCE J.P. Morgan Asset Management
Contact: Kristen Chambers, 212-622-4111, email@example.com
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