JPMORGAN GBL EMERG MKTS INC TST PLCORD GBP0.01
Symbol: JEMI
Whilst we endeavour to price investments on a real-time streaming or 15 min delayed basis, some prices may be as at close of business from the previous working day.
Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 19th Apr 2019 to 19th Apr 2020-21.03%
- 19th Apr 2020 to 19th Apr 202152.70%
- 19th Apr 2021 to 19th Apr 2022-10.08%
- 19th Apr 2022 to 19th Apr 20234.63%
- 19th Apr 2023 to 19th Apr 20244.65%
Key Information
| Benchmark | MSCI Emerging Markets |
| Sector | IT Global Emerging Markets |
| Gearing | 107% |
| Ex-Dividend Date | 7 Mar 2024 |
| Dividend Pay Date | 19 Apr 2024 |
| Total Dividends - Year to Date | 5.3 |
| Dividend Yield (%) | 4.0152 |
Net Asset Value (Nav)
| Latest actual NAV | 147.41 |
| Latest actual NAV date | 17/04/2024 |
| NAV frequency | Daily |
| Premium/Discount | -11.81% |
Charges
|
Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.5954% |
| Performance Fee | No |
| AMC | 0.88% |
|
Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.35% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here |
0.35% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.5954% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
JPMorgan Global Emerging Markets Income Trust plc is a United Kingdom-based investment trust company. The Company's investment objective is to provide investors with a dividend income combined with the potential for long-term capital growth from a diversified portfolio of emerging markets investments. The Company invests predominantly in listed equities. It is free to invest in any particular market, sector or country in the global emerging markets universe and there are no fixed limits on portfolio construction with regard to region, country, sector or market capitalization. It will not invest more than 15% of gross assets will be invested in any one company at the time of investment. Funds Limited (JPMF) act as the alternative investment fund manager of the Company. JPMF delegates the management of the Company’s portfolio to JPMorgan Asset Management (UK) Limited.
Financial Summary
BRIEF: For the six months ended 31 January 2024, JPmorgn Glbl Emrgng Mrkts Incm Trust PLC revenues decreased from £39.9M to -£6.8M. Net loss totaled £10.7M vs. income of £36.6M. Revenues reflect Gains/ (losses) on investments held decrease from £31.8M to -£13.7M, Net foreign currency gains/(losses) decrease from £917K to -£185K, Income from investments decrease of 2% to £6.9M. Dividend per share remained flat at £0.02.
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| - | 10.39% | 11.76% | 4.65% | -1.54% | 18.72% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
411,582 bytes PDF Document; last updated 29 Feb 2024
57,512 bytes PDF Document; last updated 21 Feb 2024
4,421,650 bytes PDF Document; last updated 31 Jul 2023
2,962,744 bytes PDF Document; last updated 31 Jan 2024
Management Team
Jeffrey Roskell Isaac Thong Omar Negyal
Jeffrey Roskell
has managed this fund for 7 years and 8 months.
Jeffrey Roskell, managing director, is a portfolio manager and head of the Income strategy within the Emerging Markets and Asia Pacific (EMAP) Equities team, based in Hong Kong. He joined the Firm in 1997 as an investment manager within the Global Equities team (previously known as the Global Portfolios Group) in Hong Kong and transferred to manage Asia Pacific portfolios in 2000. He joined the industry in 1992 as a graduate trainee with Prudential Portfolio Managers Limited in London, and subsequently specialised in managing portfolios investing in Continental European equities. Jeffrey obtained an M.A. in Economics from Cambridge University and the Investment Management Certificate from London Business School.
Manager Cumulative Performance v Peer Group
Isaac Thong
has managed this fund for 3 years and 9 months.
Isaac Thong, vice president, is a portfolio manager for the Emerging Markets and Asia Pacific (EMAP) Income and Total Emerging Markets strategies within the EMAP Equities team, based in London. He was previously a country specialist for Vietnam and Thailand equities and a member of the ASEAN team within the EMAP Equities team based in Singapore. He joined the Firm in 2013 from Maybank Asset Management where he was a senior investment analyst covering South Asian equities within the commodities space. He began his career in 2009 with ANZ Banking Group as an economic analyst for the Asia ex-Japan region. Isaac obtained a Bachelors of Commerce degree from McGill University and is a CFA Charterholder.
Manager Cumulative Performance v Peer Group
Omar Negyal
has managed this fund for 11 years and 4 months.
Omar Negyal, executive director, is a portfolio manager for the Emerging Markets and Asia Pacific (EMAP) Income and Total Emerging Markets strategies within the EMAP Equities team, based in London. An employee since 2012, Omar previously worked at HSBC Global Asset Management (2009-2012), Lansdowne Partners (2006-2009) and F&C Asset Management (1998-2005). Omar has an M.A. and an M.Eng. in Chemical Engineering from the University of Cambridge and is a CFA Charterholder.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
31/07/2023 |
31/07/2022 |
31/07/2021 |
31/07/2020 |
31/07/2019 |
31/07/2018 |
|---|---|---|---|---|---|---|
| Total Revenue | 44.76 | -11.99 | 98.63 | -32.41 | 53.79 | 32.76 |
| Gross profit | 39.65 | -16.27 | 93.86 | -37.21 | 48.62 | 27.67 |
| Operating Profit/Loss | 38.97 | -16.97 | 93.19 | -37.81 | 47.94 | 26.99 |
| Profit Before Tax | 38.97 | -16.97 | 93.19 | -37.81 | 47.94 | 26.99 |
| Profit After Tax | 37.19 | -20.30 | 91.25 | -39.39 | 45.70 | 24.91 |
| Equity Holders of Parent Company | 37.19 | -20.30 | 91.25 | -39.39 | 45.70 | 24.91 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
31/07/2023 |
31/07/2022 |
31/07/2021 |
31/07/2020 |
31/07/2019 |
31/07/2018 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 462.66 | 440.42 | 476.73 | 402.29 | 456.20 | 424.21 |
| Total Current Assets | 6.87 | 12.84 | 4.98 | 8.30 | 7.68 | 7.04 |
| Total Assets | 469.53 | 453.26 | 481.71 | 410.59 | 463.88 | 431.25 |
| Total Liabilities | 31.68 | 36.73 | 29.21 | 34.17 | 32.91 | 31.74 |
| Total Net Assets | 437.85 | 416.54 | 452.50 | 376.41 | 430.97 | 399.51 |
| Shareholders Funds | 437.85 | 416.54 | 452.50 | 376.41 | 430.97 | 399.51 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 437.85 | 416.54 | 452.50 | 376.41 | 430.97 | 399.51 |