June 18, 2019 / 6:13 AM / a month ago

BRIEF-JPMorgan US Smaller Companies Investment Trust to change annual investment management fee rate

June 18 (Reuters) - JPmorgan US Smaller Companies Investment Trust PLC:

* WITH EFFECT FROM 1ST JULY 2019, ANNUAL INVESTMENT MANAGEMENT FEE, CURRENTLY 100BPS OF GROSS ASSETS, WITH NO TIERING, WILL BE CHARGED AT AN ANNUAL RATE AS DETAILED BELOW:

* 90BPS ON FIRST £100 MILLION OF GROSS ASSETS (EXCLUDING ANY HOLDING IN JPM LIQUIDITY FUND)

* 75BPS ON GROSS ASSETS IN EXCESS OF £100 MILLION OF ASSETS Source text for Eikon: Further company coverage: (Reporting By Pamela Barbaglia)

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