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How to buy JPMorgan Global Growth & Income shares (JPG)

Want to buy JPG shares on the NZX? Keep reading to find out how.

JPMorgan Global Growth & Income asset management logo

JPMorgan Global Growth & Income is an investment trust designed to provide long-term returns to investors. If you want to buy shares in the trust (JPG) on New Zealand’s Exchange, keep reading for step-by-step instructions on exactly what you need to do.

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How to buy shares in JPMorgan Global Growth & Income on the New Zealand Exchange

  1. Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table. Most importantly, you need to find a share trading platform that allows you to trade on the NZX.
  2. Open and fund your share trading account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for JPMorgan Global Growth & Income. Find the stock by name or ticker symbol: JPG. Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until JPMorgan Global Growth & Income reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market’s ups and downs. You may be able to buy a fractional share of JPMorgan Global Growth & Income, depending on your share trading account.
  6. Check in on your investment. Congratulations, you own a part of JPMorgan Global Growth & Income. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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JPMorgan Global Growth & Income overview and background

J.P. Morgan is a global financial services provider that offers products and services in over 100 countries around the world. JPMorgan Global Growth & Income plc is an investment trust targeted at long-term investors.

Its aim is to outperform the MSCI All Country World Index by investing in stocks listed on exchanges around the world. The JPMorgan Global Growth & Income portfolio usually consists of between 50 and 90 stocks, with an aim to pay dividends totalling at least 4% of the net asset value (NAV).

Performance and company results

In its half-year report for the period ended 31 December 2020, JPMorgan Global Growth & Income announced the following results:

  • Net asset value return of 15.4% (compared to benchmark index performance of 12.4%)
  • Return to shareholders (including dividends reinvested) of 17.1%
  • Increase in shareholders’ funds from £478.8 million to £560.0 million

Key details

NameJPMorgan Global Growth & Income plcIndustryAsset Management
Ticker symbolJPGISINGB00BYMKY695
TypeOrdinary SharesDate listed on NZX03 Oct 1994
End of financial yearJuneChairmanNigel Wightman
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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