JHG announces estimated distribution amounts and timetable for September 2024

JPMorgan Asset Management (ASX:JHG) has announced the estimated distribution amounts and timetable for September 2024. The investment manager, JPMorgan Asset Management (Australia) Limited, provided details of the distribution timetable, emphasizing that the estimate does not guarantee a distribution will be paid for the distribution period.

Executive commentary on distribution and investor participation

The distribution announcement highlights the importance of investors being registered unitholders of the Fund as at the Record Date to receive the distribution. It also encourages investors to consider participating in the Distribution Reinvestment Plan (DRP) and provides instructions for the effective implementation of the DRP. Additionally, investors are reminded to update their nominated Australian bank account details with the Share Registrar before the Record Date to ensure receipt of the distribution.

Summary of JHG's distribution announcement and outlook

JPMorgan Asset Management (ASX:JHG) has provided an update on the estimated distribution amounts and timetable for September 2024. The announcement emphasizes the importance of investors carefully considering the product's appropriateness and reading the applicable Product Disclosure Statement (PDS) and Target Market Determination (TMD) before investing in the Fund. It also highlights that future results or distributions are not guaranteed. The company's notice serves as a reminder that at the end of the distribution period, the Fund's unit price will typically fall as it is adjusted to reflect the amount of any distribution paid. Investors are encouraged to review the provided information and take necessary actions to ensure their participation in the distribution.