Jpmorgan Global Emerging... Share Discussion Threads

[loganair] 22/10/2014 20:13

Just taking a look. Like the fact the trust includes Turkey and Mexico and about the right mix of the BRICs countries. Just Wished also included a few Peru and Chile to replace the UAE stocks in the portfolio.

Surprising neither this, the JP Morgan Emerging Markets Trust or the JP Morgan Asia Investment Trust have even the smallest investment in any Vietnamese stocks??? I would also like to see a few Burmese stocks thrown into the mix as well.

I´ll keep my eye in every now and then to see whether the Trust changes it´s balance of countries.

I´ve written several times to JP Morgan asking whether in the future they intend to introduce a Latin American Trust, sadly up until now they´ve said not in their current thinking at all.

[scottishfield] 13/8/2014 19:25

good day here today.

[tenapen] 02/4/2014 16:51

JEMI is doing alright also :).

( The share price is knocking on 115p )

[tenapen] 28/3/2014 13:15

JEMI's sister share JMGS sub shares are in demand this morning Up 43%.

Emerging Markets back in fashion maybe !

[jonwig] 27/1/2014 11:10

Now showing a small discount to NAV.

Apparently (IC article) EM oeic redemptions are increasing fast: a contrarian signal perhaps?

[jonwig] 18/12/2013 09:37

Video:



"EMs very cheap as a whole, but wait for tapering to commence before buying opportunity arises."

[gateside] 28/6/2013 17:11

Doubled up holding and bought at 115.9p on Tuesday.
Been waiting for it to dip and seem to have timed it well for once!
Was also just in time for the next divi - as it went ex-div on Wednesday.

[drewz] 27/3/2013 02:25

Lots of small buys today. Year end tax planning by astute PIs?

[gateside] 23/11/2012 09:04

davebowler... thanks for that UEM looks interesting. Actually it looks pretty dull - but then the best investments are often the dull ones :-)

[davebowler] 22/11/2012 13:24

Westhouse;(for similar UEM )


Utilico Emerging Markets (UEM) posted yesterday a good set of results for the six months ended 30 September 2012. The fund continued to outperform the broad emerging markets, despite its overweight exposure to Brazil and China, which were two of the worst performing markets over the period. Two quarterly dividends of 1.375p have been declared, which are well covered by revenue earnings. On an annualised basis, the dividends amount to 5.5p, in line with last year's distributions, and give a 3.4% yield. UEM is one of only two income funds in the Global Emerging Markets equity sector. The shares currently trade on an 8.3% cum-income discount and we believe there is scope for further re-rating from these levels. The other emerging markets income fund, JPMorgan Global Emerging Markets Income (JEMI.L), which also pays dividends quarterly, currently trades on a 1.3% premium.

Highlights of the results :

NAV outperformance: NAV TR -0.4% vs. MSCI Emerging Markets TR of -2.6%
Strong long-term performance: 11.4% average annual NAV return since inception, broadly in line with the MSCI Emerging Markets index, but with far less volatility
Initiation of quarterly dividends: 1.375p paid in September 2012, 1.375p to be paid on 14 December 2012 to shareholders on register on 30 November 2012
Well covered dividend: The dividends (2.75p in total) were covered 1.23x by revenue earnings per share of 3.37p
Active use of borrowing: At the end of the period, £16.9m was drawn of the £50m bank facility. Post period end, this increased to £25m as the company invested ahead of expected good company results, and then reduced to £4.0m as the managers sold into the market strength towards the end of October and early November
TER at 0.9%, within the Board's target of less than 1%

[hectorp] 05/5/2012 11:33

Short candidate.

[gateside] 16/4/2012 08:33

Ten Largest Investments
JPMorgan Global Emerging Markets
Income Trust
------------------------------------
Advanced Info Services 3.1
SAFCO 2.4
Quanta Computer 2.2
Commercial Bank Of Qatar 2.2
Souza Cruz 2.0
Tata Motors 2.0
Companhia de Concessoes Rodoviarias 2.0
Asustek Computer 1.9
Berjaya Sports Toto Berhad 1.9
Petrochina 'H' 1.8
------------------------------------ ----
21.5

[utsushi] 22/8/2011 13:33

Well, I think JEMI has good prospects, DYOR..

[tenapen] 08/4/2011 18:40

Kumba Iron Ore 2.7
SAFCO 2.7
African Bank Investments 2.4
HTC 2.3
Turkiye Petrol Rafinerileri 2.2
Petrochina 'H' 2.2
Quanta Computer 2.1
Berjaya Sports Toto Berhad 2.1
Telekomunikacja Polska 2.0
Asustek Computer 1.9
22.6%

[tenapen] 13/3/2011 18:22

Dubai Shares Climb Most in a Year as Saudi 'Day of Rage' Passes

By Zahra Hankir

March 13 (Bloomberg) -- Middle East shares rallied, sending Dubai's benchmark stock index up the most in more than a year, as protests in Saudi Arabia didn't escalate, allaying concern that unrest in the Middle East would spread.

Cont...

--------------------
March 14 (Bloomberg) -- Stocks in Japan are poised to fall when trading resumes today while investors said that barring a nuclear disaster, the country's worst earthquake on record is unlikely to halt the two-year bull market in global equities.

The Nikkei 225 Stock Average will slide about 2 percent when trading begins, futures show.

Cont...

[shavian] 13/3/2011 09:46

Regarding the C share issue; if the current market setback gathers pace, it may be cheaper to top up in the market if JEMI starts trading at a discount.

[tenapen] 12/3/2011 13:05

Hi Shavian,
I have held for a while and thought it would be good to monitor the 'top ten holdings' as i thought this fund would be a slow burner for future growth.

I recieved the C shares prospectus just to have a look over. I am a small funds investor so i will not have money to buy the C shares but i do intend to keep toping up again when funds allow.

Good luck with your investment and thanks for posting :-)

[shavian] 11/3/2011 12:29

Hi Tenapen. Thanks for setting up the thread. Just had a briefing on the C Share issue from the JPM investment trust team which confirms all your views on the trust. I'll certainly be participating in the placing which gets around stamp duty and at a lower premium (if any) to the NAV. The current setback looks like a buying opp in the making. Co-manager Claire Simmonds tells me that Kumba is yielding over 7% while Commercial Bank of Qatar (just out of the top 10) was yielding 9.3% at the end of January - probably more by now. No advice intended. Best of luck

[tenapen] 09/3/2011 16:40

HTC 2.9
Kumba Iron Ore 2.7
SAFCO 2.5
Quanta Computer 2.4
African Bank Investments 2.3
Asustek Computer 2.1
Petrochina 'H' 2.1
Novatek Microelectronics 2.1
Berjaya Sports Toto Berhad 2.1
Telekomunikacja Polska 2.1

23.3%

Market cap £130m

[tenapen] 06/3/2011 18:15

March 6 (Bloomberg) -- Dubai shares advanced the most in a month, leading gains in the Middle East, as a rebound in Saudi Arabia's index yesterday spurred speculation the selloff in regional stocks because of political unrest was overdone.

Cont...

[tenapen] 28/2/2011 19:51

Half Yearly Report

JPMorgan Glb Emerging Mkts Inc Tst
28 February 2011