The Board of Trustees of the JPMorgan Asia Equity Fund has approved the liquidation of the fund, effective July 20, according to a Securities and Exchange filing.
Morninstar reports that the fund's trailing 10-year record ranks in the bottom decile of the Pacific/Asia ex-Japan Stock category and it lost some $1.1 billion to redemptions the last 30 months, shrinking the asset base to $750 million.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access