Yes, you can buy fractional shares through J.P. Morgan Self-Directed Investing at Chase.
Investing in Fractional Shares with Chase
J.P. Morgan Self-Directed Investing, offered by Chase, provides clients with the opportunity to invest in fractional shares. This feature makes it more accessible for individuals to build a diversified portfolio, even with limited capital.
What Are Fractional Shares?
Fractional shares are simply portions of a single share of stock or an Exchange Traded Fund (ETF). Instead of needing to buy a full share, which can sometimes be very expensive depending on the company, you can invest a specific dollar amount, and that amount will purchase a fraction of a share.
Key Benefits of Fractional Share Investing:
- Increased Accessibility: High-priced stocks become more attainable, allowing you to invest in companies you might not otherwise be able to afford a full share of.
- Enhanced Diversification: You can spread your investment across a wider range of companies and sectors, even with a smaller budget, by allocating small amounts to multiple stocks or ETFs.
- Dollar-Cost Averaging: Fractional shares facilitate dollar-cost averaging, where you invest a fixed amount of money at regular intervals, regardless of the share price. This strategy can help reduce the impact of market volatility over time.
How It Works at J.P. Morgan Self-Directed Investing
Through J.P. Morgan Self-Directed Investing, you can begin investing in fractional shares with as little as $5. This offers flexibility for new investors or those looking to gradually build their positions.
Available Assets for Fractional Shares:
You can purchase fractional shares of a variety of popular investments, specifically including:
- S&P 500 Stocks: This covers a broad range of large-cap U.S. companies.
- NASDAQ 100 Stocks: Focuses on the largest non-financial companies listed on the Nasdaq stock market.
- ETFs (Exchange Traded Funds): Provides diversified exposure to various sectors, industries, or market indices.
This allows investors to target specific market segments or gain broad market exposure without the need to buy full, often expensive, shares. For more details on their investing features, you can explore the official J.P. Morgan Self-Directed Investing features on the Chase website.
Summary of Fractional Share Investing at Chase
| Feature | Description |
|---|---|
| Provider | J.P. Morgan Self-Directed Investing (Chase) |
| Minimum Investment | As low as $5 per trade |
| Available Assets | S&P 500 stocks, NASDAQ 100 stocks, and select ETFs |
| Benefit | Allows investment in high-priced securities with smaller capital, promoting diversification and accessibility |
This offering makes investing more democratic and enables individuals to participate in the market with amounts that suit their budget.
