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J.P. Morgan to launch Tax Aware Small Company Opportunities Fund; Nearly 15% of the total U.S. mutual fund tax-aware assets are managed by J.P. Morgan.
0 Comments | M2 Presswire, December, 2000
M2 PRESSWIRE-21 December 2000-JP MORGAN: J.P. Morgan to launch Tax Aware Small Company Opportunities Fund; Nearly 15 of the total U.S. mutual fund tax-aware assets are managed by J.P. Morgan (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:20122000 New York, NY -- J.P. Morgan announced today the addition of the J.P.
Morgan Tax Aware Small Company Opportunities Fund to its growing family of tax-aware mutual funds. The fund aims to provide shareholders a high total return while significantly limiting capital gains distributions. "Through after-tax returns we are in the best position to increase investors' overall tax efficiency. Similar small-cap funds do not offer the same tax-aware strategy," said Marian Pardo, managing director and co-manager of the new...
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