JPMorgan Funds will close its Mid Cap Value Fund to new investors at the end of March. Investors seeking to put money with its popular manager, Jonathan Simon, will get the opportunity with a new fund.

The new JPMorgan Value Advantage Fund will invest in companies across all market caps and will be benchmarked on the Russell 3000 Value Index. Investors must put a minimum of $1,000 in the fund.  

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