Changes to the underlying fund of J95 JP Morgan Pacific Technology

23 October 2017

We have been notified by J.P. Morgan Asset Management (the “Company”) of changes to the underlying fund into which J95 JP Morgan Pacific Technology invests. The Company has informed us of the Removal of JP Morgan Asset Management (Taiwan) Limited as sub-delegated investment manger with effect from 01 December 2017.

The Company has stated:

“Due to re-allocation of resources from Taiwan to Hong Kong, the discretionary investment management of the Fund will rest with JF Asset Management Limited, the current Investment Manager of the Fund. Therefore, the sub-delegation of the investment management role of the Fund to JPMorgan Asset Management (Taiwan) Limited will be terminated with effect from the Effective Date. Apart from the termination of the delegation to JPMorgan Asset Management (Taiwan) Limited, there will not be any change to the operation of the Fund and/or the manner in which the Fund is being managed. In addition, there will neither be any material adverse impact on the interests of the unitholders of the Fund, nor any changes to the features and risks applicable to the Fund as a result of this change.

The costs associated with the above change, estimated to be approximately US$5,800, will be borne by the Fund. Further, the maximum levels and current levels of all fees and charges of the Fund including the initial and redemption charges, annual management fee and trustee fee will remain unchanged and will not in any way be impacted. There will not be any additional fees payable by unitholders as a result of the above changes.”

Should you have any questions regarding this change, please contact International Funds & Investments.