JPMORGAN GBL EMERG MKTS INC TST PLCORD GBP0.01

Symbol: JEMI

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Invest in this share within an ISA, JISA, SIPP or Investment Account

Past Performance

  • 20th May 2014 to 20th May 20152.14%
  • 20th May 2015 to 20th May 2016-12.80%
  • 20th May 2016 to 20th May 201736.01%
  • 20th May 2017 to 20th May 20185.96%
  • 20th May 2018 to 20th May 20199.46%

Key Information

Benchmark MSCI Emerging Markets
Sector IT Global Emerging Markets
AMC 1.00%
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.
1.68%
Gearing 106%
Performance Fee No
Ex-Dividend Date 13 Dec 2018
Dividend Pay Date 18 Jan 2019
Total Dividends - Year to Date5
Dividend Yield (%)3.7453

Net Asset Value (Nav)

Latest actual NAV 133.10
Latest actual NAV date 16/05/2019
NAV frequency Daily
Premium/Discount 0.3%

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

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of £5,000 over 1 year assuming a net zero growth rate

Cost Category % of Investment £5000 lump sum costs
Our annual fee

Our annual fee

Includes 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 charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.68%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

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 5% applies evenly throughout the year, before any charges including product charges

£5,000 lump sum invested with an assumed growth rate of 5% 1 year 5 years
What you might get back at 5% with no charges applied

What you might get back at 5% with no charges applied

These are the illustrative values of a £5,000 investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of £5,000 assuming a net zero growth rate
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 £5,000 assuming a 5% growth rate
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 £5,000 assuming a 5% growth rate
What you might get back at 5% with charges applied

What you might get back at 5% with charges applied

These are the illustrative values of a £5,000 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 5%. 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 an investment trust. The Trust'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. It invests in listed equities and also invests in other securities, including unlisted equities, convertible securities, preference shares, debt securities, cash and cash equivalents. The Trust's portfolio contains between 50 and 80 holdings. The Trust invests in various sectors, including financials, information technology, telecommunication services, consumer staples, consumer discretionary, industrials, materials, energy, utilities and healthcare. The Trust employs JPMorgan Funds Limited (JPMF) as its alternative investment fund manager. JPMF delegates the management of the Trust's portfolio to JPMorgan Asset Management (UK) Limited.

Financial Summary

BRIEF: For the six months ended 31 January 2019, JPmorgan Global Emerging Markets Income revenues decreased 91% to £3.3M. Net loss totaled £227K vs. income of £34.4M. Revenues reflect Gains/ (losses) on investments held decrease from £30.4M to -£3.4M, Net foreign currency (losses)/gains decrease of 90% to £168K. Net loss reflects Other administrative expenses increase of 5% to £357K (expense). Dividend per share remained flat at £0.02.

Performance

  • Chart Options

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      Cumulative Performance

      1 month3 months6 months1 year3 years5 years
      -1.84% 3.48% 15.17% 9.46% 57.74% 40.50%

      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

      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.

      Fund Provider Factsheet
      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.
      FUND PROVIDER FACTSHEET
      347,089 bytes PDF Document; last updated 31 Mar 2019
      Key Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INFORMATION DOCUMENT
      63,189 bytes PDF Document; last updated 15 Feb 2019
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      586,438 bytes PDF Document; last updated 31 Jul 2018
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      482,624 bytes PDF Document; last updated 31 Jan 2019
      Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
      PROSPECTUS
      1,662,482 bytes PDF Document; last updated 01 Jan 2019

      Management Team

      Omar Negyal Amit Mehta Jeffrey Roskell

      Omar Negyal has managed this fund for 6 years and 5 months.

      Omar Negyal 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

      Performance Graph

      Amit Mehta has managed this fund for 3 years and 9 months.

      Amit Mehta Amit Mehta, executive director, is a portfolio manager within the Emerging Markets and Asia Pacific (EMAP) Equities team based in London. An employee since 2011, Amit previously worked at Prusik Investment Management (2009-2011) and Atlantis Investment Management (2007-2009) where he was an Asian equities analyst and portfolio manager. Prior to this, he was a global emerging markets analyst at Aviva Investors (2004-2007) and an investment consultant at Mercer Investment Consulting (2000-2004). Amit obtained a B.Sc (Honours) in Mathematics from Kings College London. He is a CFA Charterholder.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Jeffrey Roskell has managed this fund for 2 years and 9 months.

      Jeffrey Roskell Jeffrey Roskell, managing director, is a portfolio manager and head of the Emerging Markets and Asia Pacific (EMAP) Income strategy within the 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

      Performance Graph

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      31/07/2018

      31/07/2017

      31/07/2016

      31/07/2015

      31/07/2014

      31/07/2013

      Total Revenue 32.76 62.39 54.70 -19.65 10.64 34.33
      Gross profit 27.67 57.48 50.76 -23.95 6.89 30.54
      Operating Profit/Loss 26.99 56.71 50.10 -24.67 6.22 29.99
      Profit Before Tax 26.99 56.71 50.10 -24.67 6.22 29.99
      Profit After Tax 24.91 55.44 48.47 -26.61 4.67 28.73
      Equity Holders of Parent Company 24.91 55.44 48.47 -26.61 4.67 28.73
      Minority Interest NIL NIL NIL NIL NIL NIL


      Balance Sheet - All values are in GBP (M).

      Year Ending

      31/07/2018

      31/07/2017

      31/07/2016

      31/07/2015

      31/07/2014

      31/07/2013

      Total Non-Current Assets 424.21 411.55 360.61 330.62 348.31 311.47
      Total Current Assets 7.04 4.46 17.28 5.88 8.39 5.82
      Total Assets 431.25 416.01 377.89 336.50 356.70 317.29
      Total Liabilities NIL NIL NIL NIL NIL NIL
      Total Net Assets NIL NIL NIL NIL NIL NIL
      Shareholders Funds 399.51 385.45 344.42 310.54 332.22 288.53
      Minority Interests NIL NIL NIL NIL NIL NIL
      Total Equity NIL NIL NIL NIL NIL NIL

      Investment involves risk. You may get back less than invested.