LONDON (Alliance News) - JPMorgan American Investment Trust PLC Monday said its net asset value rose 0.8% in the three months to March 31, but still underperformed the benchmark which rose 1.1%
The investment trust said its share price at the end of the quarter, had declined by 1.2%, and as at May 15 was 235.0 pence.
Total assets as at May 15 were GBP722.0 million, compared with GBP732.7 million as at March 31.
Shares in the trust were trading 0.2% higher at 234.00 pence Monday afternoon.
By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty
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JPMorgan American (JAM)