5 Jan 2024 07:00
LONDON STOCK EXCHANGE ANNOUNCEMENT
Â
JPMORGAN GLOBAL CORE REAL ASSETS LIMITED
(the "Company" or "JARA")
Â
MONTHLY PORTFOLIO UPDATE
Â
Â
Legal Entity Identifier: 549300D8JHZTH6GI8F97
Â
JPMorgan Global Core Real Assets Limited, the diversified global infrastructure, transportation and real estate investment company announces a portfolio update as at 31 December 2023.
Â
Net Asset Value
Â
The Company's unaudited net asset value ('NAV') increased to 94.11 pence per share (30 November 2023 NAV: 94.06 pence per share), an increase of 0.1%. The Company's share price as at 31 December 2023 was 74.00 pence.
Â
An analysis of the components to this NAV and the relevant dates for their valuation is provided below.
Â
Portfolio Strategies
Â
Name | Date of price for Strategy | % of JARA's NAV as at 31 December 2023 |
US Real Estate Equity | 30 September 2023 | 20.5% |
Transportation | 30 September 2023 | 19.6% |
Infrastructure | 30 September 2023 | 18.5% |
Asia-Pacific Real Estate Equity | 30 September 2023 | 15.8% |
US Real Estate Debt | 30 September 2023 | 7.6% |
Liquid Strategy | 31 December 2023 | 18.0% |
Â
Exchange Rates
Â
The GBP/USD exchange rate was 1.27480 as at 31 December 2023 (30 November 2023: 1.26595).
Â
5 January 2024
Â
Â
Emma Lamb
JPMorgan Funds Limited - Company Secretary
Telephone 0800 20 40 20 (or +44 1268 44 44 70)
Â
Â
Buchanan Communications - Financial PR
JARA@buchanancomms.co.uk
0207 466 5000
Â
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.
Â