In This Article:
TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- J. P. Morgan Asset Management (JPMAM)* today announced the final annual reinvested capital gain distributions for the below listed JPMorgan ETFs (the “Funds”) for the 2024 tax year.
The distributions are for the annual non-cash capital gains distributions, which are typically reinvested in additional units of the respective funds at the year-end, and do not include ongoing monthly, quarterly, semi-annual, or annual cash distribution amounts. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution.
The actual taxable amounts of cash distributions for 2024, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) in early 2025.
Details regarding the final distribution amounts are as follows:
| Fund Name | Fund Ticker | Reinvested |
| JPMorgan US Equity Premium Income Active ETF | JEPI | 0.00 |
| JPMorgan Nasdaq Equity Premium Income Active ETF | JEPQ | 0.00 |
To learn more about the JPMorgan ETFs, please visit https://am.jpmorgan.com/ca/en/asset-management/adv/
For more information, please e-mail: jpmam.canada@jpmorgan.com
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of USD3.5 trillion (as of 9/30/2024), is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information: www.jpmorganassetmanagement.com.
* Legal entity in Canada: JPMorgan Asset Management (Canada) Inc.
1 Source: J.P. Morgan Asset Management, as of September 30, 2024.
This press release contains forward-looking statements with respect to the annual reinvested capital gains distributions for the Funds. The forward-looking statements are not historical facts but reflect JPMAM current expectations regarding future events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including, but not limited to, general economic and market factors. Although JPMAM believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. JPMAM undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other factors which affect this information, except as required by law.