MutualFundWire.com: JPMorgan Lightens the Load
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Tuesday, September 28, 2010

JPMorgan Lightens the Load


JPMorgan [see profile] has brought down the maximum load imposed on A share purchases of the JPMorgan Diversified Fund from 525 basis points to 450 bps. The reduction took effect yesterday. [SEC filing]

"The JPMorgan Diversified Fund is changing its asset classification from equity to asset allocation; this is why we have changed the front-end sales charge to be in line with other asset allocation funds," company spokeswoman Kristen Chambers wrote in e-mailed comments to The MFWire.com.


Printed from: MFWire.com/story.asp?s=33557

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