Last checked at 7 Feb 2024 07:00
LONDON STOCK EXCHANGE ANNOUNCEMENT
JPMORGAN GLOBAL CORE REAL ASSETS LIMITED
(the "Company" or "JARA")
MONTHLY PORTFOLIO UPDATE
Legal Entity Identifier: 549300D8JHZTH6GI8F97
JPMorgan Global Core Real Assets Limited, the diversified global infrastructure, transportation and real estate investment company announces a portfolio update as at 31 January 2024.
Net Asset Value
The Company's unaudited net asset value ('NAV') as at 31 January 2024 is 93.73 pence per share (31 December 2023 NAV: 94.11 pence per share), a decrease of 0.4%. The Company's share price as at 31 January 2024 was 69.20 pence and the discount was 26.2%.
An analysis of the components to this NAV and the relevant dates for their valuation is provided below.
Portfolio Strategies
Name | Date of price for Strategy | % of JARA's NAV as at 31 January 2024 |
US Real Estate Equity | 30 September 2023 | 20.6% |
Transportation | 30 September 2023 | 19.7% |
Infrastructure | 30 September 2023 | 18.9% |
Asia-Pacific Real Estate Equity | 30 September 2023 | 15.9% |
US Real Estate Debt | 31 December 2023 | 7.3% |
Liquid Strategy | 31 January 2024 | 17.6% |
Exchange Rates
The GBP/USD exchange rate was 1.27345 as at 31 January 2024 (31 December 2023: 1.27480).
7 February 2024
Emma Lamb
JPMorgan Funds Limited - Company Secretary
Telephone 0800 20 40 20 (or +44 1268 44 44 70)
Buchanan Communications - Financial PR
JARA@buchanancomms.co.uk
0207 466 5000
Notes
The Company aims to provide holders of the Ordinary Shares with a stable income and capital appreciation, measured on a constant currency basis, through exposure to a globally diversified portfolio of Core Real Assets in accordance with the Company's investment policy. The Company obtains exposure to Core Real Assets through various real asset strategies, namely: Global Infrastructure, Global Real Estate, Global Transport and Global Liquid Real Assets. J.P. Morgan's Alternative Solutions Group has the primary responsibility for managing the Company's portfolio.