Jpmorgan Global Core Rea... Share Discussion Threads

[spoole5] 05/5/2022 12:48

Lots of unhedged dollar exposure here

[riverman77] 23/4/2022 09:22

I see this is still in the IT Flexible Investment sector - they need to get this moved to the Infrastructure sector ASAP. If it's identified as an infrastructure fund it will likely attract a higher premium. The flexible sector is full of a lot of deeply discounted stuff (Tetragon and Hansa trust, etc) and quite a bit of junk.

[riverman77] 23/4/2022 09:05

Need to take a other look at this. Bought in at IPO but sold out shortly after as it took ages to get invested.

A lot of the infrastructure trusts trade on double digit premiums so possibly further upside here, along with the inflation linked USD exposure - could be a good defensive bet.

[thruxie] 23/4/2022 08:54

inflation linked rents and predominantly dollar denominated unhedged assets. A good place to be at the moment.

[rambutan2] 23/4/2022 05:36

Discount days probably over and out:

[tommygriff] 20/3/2022 16:17

And a 6% dividend yield at current prices

[thruxie] 20/3/2022 12:17

The NAV has been steadily increasing over the past year I watch that as much as anything. I use the regular dips when the share price offers me a discount to NAV to add more.

[spoole5] 18/3/2022 08:05

Decent update, doing what it says on the tin.

[spoole5] 01/3/2022 14:35

Just added some more here. USD strength will be helping them.

[thruxie] 27/1/2022 13:56

NAV has been steadily increasing over the past year 9.46% as opposed to the erratic share price which offers buying opportunities with the discount. Added more on todays dip @85.6

[aspringo] 27/1/2022 13:48

Cheers dave for the link. Watched it this morning.For me confirmed why I'm invested, but I'm still struggling to understand why it trades at such a large discount. Already in for over 60k, and that is over my 5% rule, not good with rules.If it goes any further I will add some more.Put in a dummy order for 5k, offered at 85.7.Put in for 100k, offered at 88.3.

[tommygriff] 14/12/2021 20:30

Things look to be moving along quite nicely, pity the share price is way off NAV

[thruxie] 06/12/2021 12:16

The discount to NAV has widened to just under 6% again. Time to add a few more.

[thruxie] 07/7/2021 10:39

A nice update video on their website recently. The chairman addressed the discount to NAV and stated they will take action. This seems to have done the trick as the share price is now trading at a very slight premium. The manager also said they're responding to feedback and are now providing more updates on the holdings.

[ryesloan] 01/7/2021 14:09

Nice timing on your buy!I reckon this one will recover OK once the strategies rather than the FX movements are the main driver.Also expecting a tick up in income as well now they are fully invested.Not exactly my Best Buy here but was always a long term income hold so getting docs while the price is down is absolutely fine as well!

[thruxie] 30/6/2021 10:56

5% up since my buy on 22/06. I was looking to get a 3rd tranche but will hold fire for now. Have we found the bottom yet? ;) Either way happy to sit on the 4.93% yield and wait for further dips if they happen.

[glavey] 25/6/2021 06:11

You can say that again!

[tommygriff] 23/6/2021 14:14

In free fall this now!

[tommygriff] 23/6/2021 14:08

In free fall this now!

[riverman77] 23/6/2021 11:06

I still think this looks poor value given lacklustre performance - OK it's now on a small discount but there are far better funds on a more than 20% discount - off the top of my head: ICGT, NBPE, CLDN and EPIC. Just don't know why anyone would bother investing in this. If you want USD exposure as some mentioned here then just take out a currency position.