JPmorgan Emerging Markets Investment Tru (LON:JMG)


Founded in 1991, JP Morgan Emerging Markets Investment Trust Plc is a UK-based investment company with objective to enhance total return from emerging markets around the world through a diversified portfolio of underlying investments, which the manger believe may offer the most attractive opportunities for growth. The company invests across a wide range of sectors including Information technology, consumer staples, consumer discretionary, financials, industrials, communication services, healthcare, energy, materials, real estate and utilities across various countries such as India, China, South Korea, Argentina, Taiwan, Indonesia, South Africa, Singapore, Brazil, Belarus, Mexico, Peru, Russia, Poland, Saudi Arabia, UAE, Malaysia, Thailand, Philippines, Chile, Qatar, Hungary, Philippines, Kuwait, Hungary, Greece, Colombia, Egypt, Turkey and Czech Republic. The company is listed on the London Stock Exchange as LON: JMG and is a constituent of FTSE 250 index.

The company has appointed JP Morgan Funds Limited as its alternative investment fund manager and it aims to outperform its benchmark, the MSCI Emerging Markets Index with net dividends reinvested, in sterling terms. The company invest in a diversified portfolio in the emerging markets with attractive prospects, but primarily in quoted securities. It can’t invest over 50% of assets invested in any single region or 10% above the equivalent benchmark weighting, whichever is the greater.

Further, no more than 15% of the gross assets can’t be invested in other UK listed closed-ended investment funds and trusts.  It may also invest in other collective investment schemes, but usually only where legal restrictions prevent direct investment by foreign investors or prudent diversification can best be achieved in this way and under the normal conditions its portfolio consist of between 50 and 80 investments. The company can’t invest more than 25% of its assets in securities not listed on any recognized investment exchange and holdings in which the Company’s interest amounts to 20% or more of the aggregate of the equity capital of any one listed company. Further, no more than 15% of its gross assets should be invested in other UK listed closed-ended investment funds and will not invest over 10% of its gross assets in companies that themselves may invest more than 15% of gross assets in UK listed closed-ended investment funds.

Contact Information

company address 60 Victoria Embankment, London, EC4Y 0JP, United Kingdom

company phone+44.20.77424000

company website

Similar Companies