ASX 20+ Series 1

Our top 20 stocks working for you

Download ASX 20+ PDS

Download PDS

ASX 20+™ targets top quartile performers with demonstrated track histories of outperforming their peers and innovative managers with investment processes that we believe will add value.

These "long only" funds are likely to produce positive returns in times of rising markets and negative returns in times of falling markets, however the Managers of these funds seek to outperform by using their skills to pick underlying investments they hope will have superior success than the broad market.

Just released: S&P Assigns "Strong" Rating to JPMorgan ASX20+
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JPMorgan's ASX 20+ invests in the growth potential of Australia's top 20 companies and aims to generate up to 10% p.a income.

The ASX 20 is an index made up of the top 20 stocks in the Australian market by market capitalisation. Blue chip Australian shares, such as those comprising the ASX 20 are likely to remain a core allocation within Australian investor's portfolios. The growth component of ASX 20+ fund will invest in these stocks over a 7 year period.

Invest at the low

Right now, with the Australian market value is down across the board, there may be some outstanding opportunities for investors who are looking for bargains… and for the inception of an investment like ASX 20+.

Generally, the biggest companies are less affected by volatility than the smaller ones and they also tend to ‘bounce back' faster if they are.

Broad sector coverage

The ASX 20 companies are the biggest of their kind and dominate major sectors such as financials, resources, energy and telecommunications.

Today's big 20

  1. BHP Billiton
  2. Commonwealth Bank
  3. National Australia Bank
  4. Westpac Bank
  5. ANZ Bank
  6. Rio Tinto
  7. Woolworths
  8. Westfield Group
  9. Telstra Corporation
  10. Westfarmers
  11. Woodside Petroleum
  12. QBE Insurance Group
  13. CSL Limited
  14. Newcrest Mining
  15. Macquarie Group
  16. Brambles
  17. AMP Limited
  18. St George Bank
  19. Suncorp – Metway
  20. Fosters Group

Through ASX 20+ your portfolio will have exposure to these and other sectors in the Australian market - a diversified core portfolio of high-performing stocks.

Profits "locked in" Capital Protected

Each year 20% of any increase in value from the previous year will be "locked in" and preserved until maturity. Plus… ASX 20+ also provides Capital Protection at maturity.

ASX20+ sector coverage

ASX 20+ sector coverage

 

Blue chip growth plus potential for income

As well as exposure to a diversified selection of blue chips for growth, the ASX 20+ investment aims to generate up to 10% p.a. income from a separate strategy.

Using entirely separate strategies to generate growth and income is expected to assist in "insulating" the Income Component from poor performance within the Growth Component and vice versa. The income component of ASX 20+ is invested in the Permal Strategic Allocation Fund. The Investment Manager, Permal is a stand alone business within Legg Mason's Wealth Management division. Considered one of the largest alternative investment groups in the world, Permal has over $30 billion in assets and 33 years of experience in managing investments of this kind.

The Permal Strategic Allocation Fund is made up of a range of internal Permal Funds that target low volatility income strategies.

Until year 7, any income over 10% p.a. will be retained within the income strategy increasing the chances of a high payout the following year.

At maturity, both income and growth is realised as the ASX 20 shares.

Fund features summary

ASX 20+ can provide you with exposure to the 20 largest companies in Australia as well as the potential to earn up to 10% p.a. income.

Up to 100% finance available

If you are interested in leveraging your investment in ASX 20+, approved applicants can borrow up to 100% of the investment amount.

Borrow to invest from just 8.25% p.a.fixed!

ASX 20+ allows you to borrow up to 55% of the investment amount at just 8.25% p.a. fixed so investors who would find it beneficial to pre-pay interest can take advantage of this option.

Suitable for Self Managed Super Funds

Geared ASX 20+ utilises Instalment Warrants that enable Self Managed Super Funds (SMSFs) to borrow to invest. Through Geared ASX 20+ SMSF’s can borrow up to 55% of the investment amount and lock in the interest at a very reasonable 8.25% pa.

Capital Protection at maturity

ASX 20+ provides capital protection at maturity.

Separate Growth & Income Components

The growth and income strategies are not linked to each other. This is beneficial because it should assist in balancing the overall performance of the investment.

Profit Lock-Ins

Each year, 20% of any gain will be locked in.


Offer Opens: 9.00am (AEST) 5 May 2008
Offer Closes: 5.00pm (AEST) 20 June 2008

Important Information
JPMorgan Investments Australia Limited (ABN 21 056 751) (AFSL 298633) ("JPMIAL") as the Responsible Entity is the issuer of ASX 20+. Freeman Fox® Ltd (ABN 17 010 763 087) (AFSL 246510) ("Freeman Fox®") is the distributor of this Offer but is not part of or otherwise associated JPMIAL, or any other member of the JPMorgan Chase Bank, and acts on its own behalf. Freeman Fox® is not the Issuer of the ASX 20+ Product Disclosure Statement ("PDS") and takes no responsibility for the Offer or the contents of the PDS.

All potential investors should read the PDS dated on or about 23 April 2008 before making any decision to invest. The terms of ASX 20+ are exclusively subject to the detailed provisions, including risk factors contained in the PDS. An investment in ASX 20+ is not a deposit with or other liability of JPMorgan Chase Bank, or any of its related bodies corporate (other than JPMIAL), and is subject to investment risk, including the possible delays in repayment and loss of income or principal invested. JPMIAL does not accept any responsibility for any non-receipt of your application form(s) and/or payments. JPMIAL may decline to issue any ASX 20+ to any particular applicant, in which case the application monies will be refunded in full (without interest).

Neither JPMorgan Chase Bank nor any of its related bodies corporate guarantees the performance of ASX 20+, nor does such entities guarantee the repayment of principal from ASX 20+ where they are sold prior to the expiry date for any reason. JPMIAL and/or its affiliates may from time to time, as principal or agent, have positions in, or may buy or sell, or make a market in any securities, currencies, financial instruments or other assets underlying the transaction to which this document relates and may provide investment banking and other services to and/or have officers who serve as directors of the companies referred to in this document. JP Morgan Chase Bank and its related bodies corporate give no warranty as to the reliability or accuracy of the information in this document, nor accept any responsibility or liability for any errors or omissions.