The merger was announced in October last year.

In a statement on the Scottish Investment Trust website, the firm revealed the issue of new JGGI shares was effected on a formula asset value (FAV) basis and the conversion ratio was 2.023804 new JGGI shares for each SIT share in issue.

JGGI aims to pay shareholders an income of at least 4% per annum while accessing exposure to the long-term growth of the “world’s leading companies”.

Tristan Hillgarth, chairman at Jpmorgan Global Growth & Income, said: “Today’s news represents an exciting milestone for both groups of shareholders, who should benefit from the greater scale, enhanced liquidity and competitive fees of the trust.”