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JPMorgan Chinese cuts fees

The Board of JPMorgan Chinese Trust have negotiated a reduction in the fees that JPMorgan charges the fund. the base management fee will be 1% of the Company’s total assets less current liabilities and the performance fee is being scrapped. Tese changes take effect at the end of September 2015 so JPMorgan can still earn a performance fee up to that date.

JMC : JPMorgan Chinese cuts fees

 

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