Last checked at 8 Apr 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 March 2024.
Net Asset Value
The Company's unaudited net asset value ('NAV') as at 31 March 2024 is 94.34 pence per share (29 February 2024 NAV: 93.92 pence per share), an increase of 0.4%. The Company's share price as at 31 March 2024 was 65.00 pence and the discount was 31.1%.
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 March 2024 |
Infrastructure | 31 December 2023 | 20.3% |
Transportation | 30 September 2023 | 19.9% |
US Real Estate Equity | 31 December 2023 | 19.1% |
Asia-Pacific Real Estate Equity | 31 December 2023 | 16.3% |
US Real Estate Debt | 31 December 2023 | 7.4% |
Liquid Strategy | 31 March 2024 | 17.0% |
Exchange Rates
The GBP/USD exchange rate was 1.26325 as at 31 March 2024 (29 February 2024: 1.26495).
8th April 2024
Emma Lamb
JPMorgan Funds Limited - Company Secretary
invtrusts.cosec@jpmorgan.com
Telephone 0800 20 40 20 (or +44 1268 44 44 70)
Buchanan Communications - Financial PR
JARA@buchanancomms.co.uk
Telephone 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.