JPMorgan Elect plc ­- Managed Growth is a closed-ended balanced mutual fund of funds launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in public equity and fixed income markets across the globe, with an emphasis on the United Kingdom. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests either directly or through other investment trusts and open-ended funds in equity securities, fixed income securities, and short dated AAA rated UK government securities/G7 government securities. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index, FTSE World Index, and Barclays Capital Global Corporate Bond Index. The fund was formerly known as JP Morgan Fleming Elect Plc. JPMorgan Elect plc ­- Managed Growth was formed on September 16, 1999 and is domiciled in the United Kingdom.