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JPMorgan fund excludes tobacco, cuts fees

J.P. Morgan Asset Management's flagship multi-asset strategy in Australia now excludes tobacco stocks. It also cut its administration fee by five basis points and recently converted to a trust structure.

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Read more: AustraliaJ.P. Morgan Asset ManagementtobaccoinvestmentDavid HallifaxFinancial StandardGlobal Industry Classification StandardJosh BerelowitzJPMAMJPMorgan Global Macro Opportunities FundRachel Farrell