J.P. Morgan & Co. introduced mutual funds for wealthy individuals that mirror investment strategies used for the bank's institutional clients.

The JPM Pierpont Tax Aware Disciplined Equity Fund and JPM Pierpont Tax Aware Equity Fund will seek to maximize investment income net of taxes by evaluating the consequences of changing positions in securities. These funds are designed for clients who are subject to taxes, such as individuals whose investments are not in an Individual Retirement Account or 401(k) plan.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.