skip to content

Annual Results

JPMorgan Asian IT beats benchmark

06 January 2017 08:31

JPMorgan Asian Investment Trust beat its benchmark with a return on net assets of +41.3% in the year to the end of September.

The return to shareholders was +38.7%, reflecting a disappointing widening of the company's discount from 11.7% to 13.4%.

Chairman James M Long said: "These results marked a continuation of the positive turnaround in the vompany's performance, with the return on net assets representing an outperformance against its benchmark, the MSCI Asia ex Japan Index, of 5.1 percentage points, building on the 3.4 percentage points outperformance in 2015.

"It is also a point of pride to note that our recent investment returns have been accomplished with the lowest total charges ratio of all our peers in the Asia ex-Japan sector."

At 8:31am: (LON:JAI) JPMorgan Asian Investment Trust Plc share price was +2.75p at 279.75p

Story provided by StockMarketWire.com

Related Company: JAI

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

-

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.