LONDON: J.P. Morgan Asset Management joins forces with WaterAid for ISA season
Jan 21, 2013
- £40 will be donated for every brand new J.P. Morgan ISA opened through the WaterAid website
- During ISA season an additional £15 will be donated to WaterAid for every J.P. Morgan ISA opened*
J.P. Morgan Asset Management today announces that it will be extending its partnership with WaterAid, donating money to the charity for every J.P. Morgan Individual Savings Account (ISA) opened between the end of January and the end of April 2013. The ‘ISA season’ tends to be the busiest time of year for account opening, and J.P. Morgan Asset Management will donate £15 for ISAs opened directly with J.P. Morgan by phone, post or online. In addition, J.P. Morgan is donating £40 for every brand new account opened through the WaterAid website.
The money raised through the J.P. Morgan Asset Management ISA partnership will go toward projects such as training community members to maintain their village water supplies, or paying for a school sanitation block.
A donation of £15 – the amount J.P. Morgan Asset Management will give for ISAs opened through its own website, by post or by telephone – can enable WaterAid to give one person access to safe, clean drinking water.
Keith Evins, Head of UK Funds Marketing at J.P. Morgan Asset Management,commented: “WaterAid is a great charity, working for a very worthy cause. Through this initiative we are giving people a chance to look after their own financial future while at the same them helping those less fortunate than them. We look forward to working with WaterAid to make this campaign a great success.”
Marcus Missen, Director of Communications and Fundraising at WaterAid, added: “We are delighted that J.P. Morgan Asset Management is continuing to support WaterAid through this partnership. Thanks to their generosity we can continue to help transform the lives of the world’s poorest communities by improving access to safe water, hygiene and sanitation – helping them invest in a better future.”
J.P. Morgan Asset Management is a major UK asset manager and the leading provider of investment trusts. Its investment products are available through financial intermediaries, on investment platforms and fund supermarkets, and direct over the telephone or via the online platform J.P. Morgan WealthManager+.
Starting from £50 per month, the J.P. Morgan ISA offers an accessible and straightforward way to save. The J.P. Morgan WealthManager+ online platform also gives investors access to a number of financial planning tools to help with investment decisions, such as a financial health check and a function to evaluate attitude to investment risk.
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Notes to Editors
* This activity aims to raise up to £15,000 and is part of a wider corporate fundraising initiative for WaterAid through the work of the JPMorgan Chase Foundation in the U.K. The JPMorgan Chase Foundation is an affiliate of JPMorgan Chase & Co. Its mission is to be a catalyst for meaningful, positive and sustainable change within the highest-need neighbourhoods and communities across the world in which it works. The firm's philanthropic investments are directed toward Community Development, Education and Arts & Culture. In 2011, JPMorgan Chase and its Foundation gave more than $200 million through grants and sponsorships to thousands of not-for-profit organizations across 34 countries.
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About J.P. Morgan Asset Management
J.P. Morgan Asset Management is part of JPMorgan Chase & Co. and is a global asset management leader providing world-class investment solutions to clients. With US$1.4 trillion in assets under management (the Asset Management client funds of JP Morgan Chase & Co. as at 31 December 2012) and offices in 41 locations around the world, J.P. Morgan Asset Management offers global coverage with a strong local market presence, and leadership positions in most asset classes.
J.P. Morgan Asset Management is a trading name of J.P. Morgan Asset Management Marketing Limited which has issued this material in the United Kingdom and which is authorised and regulated by the Financial Services Authority. Registered in England No. 288553. Registered office: 25 Bank Street, Canary Wharf, London E14 5JP.
Any past performance referred to in this material is not a guide to future performance and the value of investments, and any income from them, can fall as well as rise. Any tax concessions referred to are not guaranteed and their value will depend on the individual circumstances of investors. Stock market linked investments carry a number of inherent risks. These risks will increase where fluctuations in exchange rates impact on the value of any underlying investments or where the investment is exposed to smaller companies or emerging markets. Investments in fixed income securities that are not rated as investment grade represent a greater risk to an investor’s capital.
WaterAid’s vision is of a world where everyone has access to safe water and sanitation. The international organisation works in 27 countries across Africa, Asia and the Pacific region to transform lives by improving access to safe water, hygiene and sanitation in some of the world’s poorest communities. Since 1981, WaterAid has reached 17.5 million people with safe water and, since 2004, 12.9 million people with sanitation. For more information, visit www.wateraid.org, follow @wateraid on Twitter or visit us on Facebook at www.facebook.com/wateraid
- Around 2,000 children die every day from diseases caused by dirty water and poor sanitation.
- 783 million people in the world live without safe water. This is roughly one in eight of the world's population.
- 2.5 billion people live without sanitation; this is 39% of the world's population.
- For every £1 invested in water and sanitation, an average of £4 is returned in increased productivity.
- Just £15 can enable one person to access a lasting supply of safe water, improved hygiene and sanitation.