Jpmorgan Brazil Investment Dividends - JPB

Jpmorgan Brazil Investment Dividends - JPB

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Jpmorgan Brazil Investment Trust Plc JPB London Ordinary Share GB00B602HS43 ORD 1P
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 66.50 00:00:00
Open Price Low Price High Price Close Price Previous Close
66.50 66.50
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Industry Sector

Jpmorgan Brazil Investment JPB Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

loganair: JPB now at a massive 24% discount to NAV.
loganair: If the BRL exchange rate increase by 10%, that alone to add 7p to the JPB share price.
loganair: Once the Pension reforms have gone through I can see this being positive for the JPB share price on 3 fronts: 1. The continued rise in the Brazilian stock market. 2. The strengthening of the Brazilian currency. 3. Postive sentiment returning thereby reducing the discount to Nav. I can see of no good reason why these three could not see a rise of 20% from here in the share price of JPB.
loganair: Accept your good point as I didn't take the difference in the exchange rate into account. I still hope as sentinment in the Brazilian economy improves that the discount to Nav will narrow which could add 10p to the JPB share price.
yf23_1: "Personal note - Considering the Brazilan stock market is at an all time high, JPB is 44% off from its all time high shows me how poorly the managers of JPB have done and are doing." Real in 2011 was 2.7 to £, now 4.8 so although the index is at a high its measured in Reals not sterling. Similar to Turkey situation.
loganair: Brazil stocks scaled an all-time high on Wednesday and the currency firmed, boosted by the country's economy minister reiterating that much needed pension reforms remained the government's top priority. In Brazil, the real rose 1.3 percent and posted its biggest one-day gain in three weeks, while the benchmark Bovespa index scaled new highs with gains being broad-based. Brazil's economy minister Paulo Guedes told Bloomberg TV that pension reforms are the government's top priority and that more than half of the fiscal deficit will be cut with the reform. He also said that intended privatizations should generate at least $20 billion in 2019. "Guedes once again enchanted the market," said an analyst at a brokerage in São Paulo. Guedes was to participate in a press conference along with the Brazilian delegation at the World Economic Forum but the talk was canceled, with representatives of the government citing President Jair Bolsonaro's fatigue. But, meetings between Guedes and some foreign investors on Tuesday may have been enough to get the message out about reforms and explain the theme of investor reforms, said Fernanda Consorte, an FX strategist at Banco Ourinvest. Personal note - Considering the Brazilan stock market is at an all time high, JPB is 44% off from its all time high shows me how poorly the managers of JPB have done and are doing. Hopefully when the pension reforms look as though they are going to happen will cause positive sentiment to return to JPB considerably reducing the Discount to NAV.
loganair: If/When the Pension reforms are passed I can see JPB 20% higher then it is todays 68p.
loganair: Surprising such a big drop in the share price of JPB of 6% when the Brazil Bovespa was only down 0.65% and so far this year is up 8.74%. Investors are concerned about the future as the country will elect a new president in October, and many market-watchers are worried that the next leader could halt or reverse economic reforms begun by President Michel Temer. Markets have largely supported those reforms. The Brazilian economy contracted by 0.13 percent in the first quarter of the year, according to the central bank's Index of Economic Activity. The figures for 2018 so far show a worse development than predicted. Due to worsening indicators, financial analysts in Brazil on Monday lowered their estimations for 2018 from 2.7 to 2.5 percent while the Brazilian government is maintaining its estimation of 3 percent GDP growth for 2018. The Brazilian, Argentinian and Mexican currencies weakened and stocks across Latin America fell on Friday as a global emerging-market selloff drove many investors to unwind bets on stronger currencies despite increased central bank intervention. The real fell as much as 2 percent against the dollar to the weakest since March 2016. The currency weakness came even after Brazil's central bank increased market intervention and unexpectedly refrained from cutting interest rates this week.
loganair: QP - I Invest in JPB as a Retail Investor there are few other ways to invest in Brazil. And as you mentioned it is an easy way to invest in Brazil, especially if one has other JP Morgan Investment Trusts. Overall the Trusts share price has doubled in the past couple of years. I do agree with you about the 2% fees that the trust charges, far too high. The excuse the trusts Mangers make is because JPB is only a small trust in value terms they have to charge a higher percentage fee. Personally I would not invest in Unit Trusts, especially with a recession around the corner. With a Unit Trust, when investors sell their 'units' the Trust has to sell their shares to pay out whereas an Investment Trust does not have to. Compared to other 'Vehicles' of investments, Investment trusts are easy and simple to understand and that's the way I like it. The upside may not be as much, however the downside is not as down as other Vehicles. As far as I can see there are only 3 Investment Trusts for Latin America, JPB, Black Rock Latin America and Aberdeen Latin America Income.
loganair: QP - One thing I do like about JPB is how a couple of years ago they amended their articles so they could and do invest some other their Trust in other Latin American Countries which I often wrote to their board members pushing very hard for JPB to do so. I can see where the Trust is coming from....coming out of recession the managers hope that the young population of Brazil are going to start spending their money on Discretionary items. I would like to see at least one Gold Miner in the Trust as JRS (Russia) has two gold miners in their trust. As for investing in Kroton, I don't know where the Mangers were coming from. If I were the Managers of JPB I would be investing in companies that will benefit from Brazil's Structural Reforms. Over the past week I have been researching the emerging Market analysts who are broadly in agreement the best places to invest during 2018 are South Korea (Improving Corporate Governance), Russia (Growth) and Brazil (Increase in price of commodities and structural reform). Where they differ is the analysts who like India tend to dislike China and those who like China tend to dislike India. Many analysts are saying that the Developed Markets have Peaked while the Emerging Markets are based on Growth and not Fed Rate Hikes which negatively effect the Developed Markets. Ex US Treasury Secretary, Lawrence Summers says the next recession will be longer than usual because the Central Banks will not have the 5% they usually have to cut interest rates by.
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