Jupiter Emerging & Front... Share Discussion Threads

[essentialinvestor] 16/1/2020 14:53

Well thought it was looking interesting.

It does tend to get hit on equity market volatility, more so than say BRFI,
just one factor to be mindful of.

Perhaps best considered on a quiet day.

[contrarian joe] 16/1/2020 14:51

Looks like you have some company EI

Ian Cowie: the emerging market trust I’ve bought to shoot the lights out
.

[essentialinvestor] 14/1/2020 11:54

Annual results announced:


Move to quarterly dividends.

Exceeded benchmark by a margin.

Dividends fully covered by earnings.


Could not ask for much more.

[essentialinvestor] 14/1/2020 11:38

NAV including income at 114.72.

These are looking cheap?.


Dividend also to come before the annual redeemable date.

[essentialinvestor] 11/1/2020 17:05

JEFI is annually redeemable, something that doesn't seem to get much attention.


You can redeem these annually (usually at the end of June) at a price very near NAV - dealing charges.

Next Ex divided around mid May, would hope for at least 2.2 pence per share.

Available at an approx 5% NAV discount atm. Starting to look attractive to me.

[essentialinvestor] 05/1/2020 16:59

Beginning to look interesting..?.

[davebowler] 20/12/2019 13:45

NAV 19 Dec including current year income and expenses 111.05p

[davebowler] 15/12/2019 19:47

hTTps://www.thisismoney.co.uk/money/investing/article-7792649/JUPITER-EMERGING-FRONTIER-INCOME-TRUST-Slow-start-Jupiters-set-orbit.html

[davebowler] 26/11/2019 15:56

NAV 25 Nov including current year income and expenses 106.66p

[davebowler] 22/11/2019 12:49

21 Nov NAV including current year income and expenses 105.96p

[spectoacc] 24/11/2017 07:32

They've been doing well, much better than I expected - still wouldn't pay a premium mind!

[killing_time] 23/11/2017 20:37

Shares go Ex-Div on the 30th Nov, 2p per share, nice :-)

[spectoacc] 20/7/2017 16:42

Agreed, & they've done OK, but - I'd still not pay a premium for them.

As for Nestle, Novartis - withholding tax on dividends issue is resolved via IT holdings.

But agree re VOD - and BP, Shell, BATS, GSK, AZN, HSBA that they all have in common!

[galeforce1] 20/7/2017 16:35

The top 10 holdings looks promising, I think. I like Wilson Sons, though already have exposure to his via Ocean Wilsons and Hansa Trust.

Maybe the 13% UK is emerging market companies that list shares in London? Or UK companies that have all their operations in frontier countries perhaps. Like PZC.

28% financials is quite punchy.

One thing I like about this kind of investment company is that it's holding things that you really can't easily buy yourself. Unlike so many Investment trusts which hold Nestle, Vodafone, Novartis, etc, and I think'what's the point of paying a management fee for doing that".

[spectoacc] 16/6/2017 07:31

"Taiwan, province of China" - is that really how they'd describe themselves? Add UK & HK as top 3 & there's some political risk in there.

Maybe the idea is they're investing in "future" frontier markets - particularly if Corbyn gets in. :)

[killing_time] 15/6/2017 19:39

Looks like we are nearly fully invested, seems to be a bit light on the frontier side of the investments.

[davebowler] 10/6/2017 17:13

..and UEMS is a cheap way in.

[davebowler] 10/6/2017 17:11

UEM is at a c. 7% discount to its NAV

[spectoacc] 17/5/2017 14:51

Out of interest: JEMI pays 3.9% divi at current s/p, charge of 1%, discount of just over 3%.

[spectoacc] 17/5/2017 06:58

@jonwig - similar feelings here, though less about excessive dividend, and more about buying at a premium. Even if in at 100p float price, initial NAV (before running costs) c.98p. Unconvinced an IT like this should trade at a premium.

Likewise on WPCT - ridiculous early premium - recently bought at a discount, though as ever would have liked larger :)

[jonwig] 17/5/2017 06:46

I looked at this ahead of float and passed. Was concerned that excessive dividend promises in first two years were no more than payments of capital and wouldn't be sustainable after that.

But, like WPCT, it may be worth another look if it moves to a big enough discount.