Share Name Share Symbol Market Type Share ISIN Share Description
Jpmorgan Global Convertibles Income Fund Limited LSE:JGCI London Ordinary Share GG00B96SW597 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20p -0.22% 90.60p 89.60p 90.60p 90.60p 90.60p 90.60p 634,391 16:35:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 8.2 6.8 3.8 23.8 108

Jpmorgan Global Converti... Share Discussion Threads

Showing 1 to 13 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
01/10/2013
09:50
104 here we come...
edwardt
23/9/2013
12:48
7 premium for a fund that can easily be replicated in open ended fund, suggest care is taken if buying now...
edwardt
04/9/2013
12:32
Useful summary in the IC, just out, covering JGCI and others - quoting 7.4% p.a. average (UBS Global Convertibles Index) from 1994 to 2012 compared with 5.3% on the MSCI World index.
40t
24/7/2013
14:50
Premium narrowing, as NAV rises to 98.59p and price falls a little. Getting more interesting now, may be tempted to put some in my SIPP or ISA shortly (can currently buy at 102.68p).
wirralowl
08/7/2013
08:47
Latest NAV is 96.9p (capital only) so this is a 6% premium. A recent article (FT? IC?) highlighted strong demand for this sort of fund in a low yield environment, so the premium will probably persist. At the moment I don't feel tempted in.
jonwig
23/6/2013
08:48
Interesting that the daily NAV statements include: "THE CAPITAL ONLY NET ASSET VALUE PER SHARE IN PENCE, WITH DEBT AT PAR VALUE." So the numbers are clean of accrued income. By "debt" they don't mean any they've taken on as gearing, as this is zero according to the Edison note, so I presume they've invested in short-term bonds (where accounting rules allow them to value at par) as they build up the convertibles portfolio. Anyway, the first few weeks read: 11/06 ... 98.14p 18/06 ... 98.01p 25/06 ... 96.47p The premium is getting noticeable! Will NAV volatility stay low as they become more fully invested? EDIT: fall in NAV might itself lower the premium?
jonwig
18/6/2013
12:47
There is a thread already. Is it worth having two, as there won't be a great deal of traffic? http://uk.advfn.com/cmn/fbb/thread.php3?id=29909899
jonwig
14/6/2013
21:31
I've been buying a few convertible unsecured loan stock issues in a couple of emerging market investment trusts this week. Low risk in choppy waters with 4/5 years to get upside exposure and very low downside risk. Capital Gearing Trust seems to be keen on these, which pointed me in the direction of these given their good record.
topvest
14/6/2013
12:37
Came to this via a detailed Edison note published yesterday: hxxp://www.edisoninvestmentresearch.com/ [Register free, if you don't know the site.] The projected yield (around 4.5%) won't grow much but capital gains are possible with downside protection. Seems to be more than 50% US. Haven't bought any yet - funds at end of month!
jonwig
13/6/2013
21:20
Yes, that's always the problem with new investment trust - only buyers! I had a go at £1 which was not too expensive, but won't chase in the after market. BACIT and BR North American Income Trust are two others I like, but too expensive at the moment.
topvest
13/6/2013
10:34
Not at a premium to nav, maybe when they are trading at discount of 10/12% to nav giving a yield of circa 5%!! Then i'll tuck some away in the sipp!!
rat attack
11/6/2013
20:31
I bought a few of these in the IPO - anyone else interested in convertibles?
topvest
11/6/2013
20:29
A new thread for today's new investment company.
topvest
Chat Pages: 2  1
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