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Effective as of the close of business on March 12, 2021 (the “Closing Date”), the JPMorgan Hedged Equity Fund (the “Fund”) became offered on a limited basis and investors are not eligible to purchase shares of the Fund, except as described below. In addition, both before and after the Closing Date, the Fund may from time to time, in its sole discretion based on the Fund’s net asset levels and other factors, limit new purchases into the Fund or otherwise modify the closure policy at any time on a case-by-case basis.
There are two other JPMorgan Hedged Equity funds which are still open to new investors. Link
Sorry everybody, I meant JHQAX, as you guessed. @MikeM and @Yogibearbull, it is not available to new investors at Schwab - I tried to place the trade and got rejected.
GTTMX is a Target Date fund. As with many of them, it is a fund of funds.
Thanks @MikeM2. JEPI does not appear to be a clone in performance, strategy, yield or how M* classifies it. But it is interesting enough that I have added it to my home work. Thanks.
Comments
Effective as of the close of business on March 12, 2021 (the “Closing Date”), the JPMorgan Hedged Equity Fund (the “Fund”) became offered on a limited basis and investors are not eligible to purchase shares of the Fund, except as described below. In addition, both before and after the Closing Date, the Fund may from time to time, in its sole discretion based on the Fund’s net asset levels and other factors, limit new purchases into the Fund or otherwise modify the closure policy at any time on a case-by-case basis.
There are two other JPMorgan Hedged Equity funds which are still open to new investors.
Link
GTTMX is a Target Date fund. As with many of them, it is a fund of funds.
@Observant1, Thank you.