JPMORGAN ASIA GROWTH & INCOME PLC ORD GBP0.25
Symbol: JAGI
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
- 25th Apr 2019 to 25th Apr 2020-5.59%
- 25th Apr 2020 to 25th Apr 202150.72%
- 25th Apr 2021 to 25th Apr 2022-25.17%
- 25th Apr 2022 to 25th Apr 20233.33%
- 25th Apr 2023 to 25th Apr 20243.94%
Key Information
| Benchmark | MSCI AC Asia ex Japan |
| Sector | IT Asia Pacific Equity Income |
| Gearing | 100% |
| Ex-Dividend Date | 11 Apr 2024 |
| Dividend Pay Date | 24 May 2024 |
| Total Dividends - Year to Date | 15.3 |
| Dividend Yield (%) | 4.322 |
Net Asset Value (Nav)
| Latest actual NAV | 384.05 |
| Latest actual NAV date | 23/04/2024 |
| NAV frequency | Daily |
| Premium/Discount | -7.82% |
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. |
1.3201% |
| Performance Fee | No |
| AMC | 0.60% |
|
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 |
1.3201% | |
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 Asia Growth & Income plc is a United Kingdom-based investment trust company. The Company's objective is to provide capital growth from a diversified portfolio of around 50 to 80 companies quoted on the Asian stock markets, excluding Japan. The Company pays quarterly dividends equivalent to 1% of its net asset value, set on the last business day of each financial quarter. It also has the ability to use gearing up to a maximum level of 20% of net assets to increase potential returns to shareholders. The Company invests in various sectors, such as financials, information technology, consumer discretionary, industrials, communication services, materials, health care, real estate, consumer staples, energy, utilities and others. It also has investments in various geographic areas, including China, India, Taiwan, Korea, Hong Kong, Singapore, Indonesia, Thailand, Australia, Malaysia and Philippines. JPMorgan Funds Limited is the Alternative Investment Fund Manager of the Company.
Financial Summary
BRIEF: For the fiscal year ended 30 September 2023, Jpmorgan Asia Growth & Income PLC revenues increased from -£67.7M to £24.8M. Net income totaled £20.8M vs. loss of £71.1M. Revenues reflect Unrealized G/L on Investment Securities increase from -£107.1M to £32.5M, Overseas Dividends increase of 4% to £8.2M, Scrip Dividend increase from £0K to £99K. Dividend per share decreased from £0.17 to £0.16.
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| 2.54% | 11.49% | 8.69% | 3.94% | -19.63% | 14.36% |
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.
395,396 bytes PDF Document; last updated 29 Feb 2024
57,798 bytes PDF Document; last updated 21 Feb 2024
4,374,512 bytes PDF Document; last updated 30 Sep 2023
2,598,340 bytes PDF Document; last updated 31 Mar 2023
Management Team
Robert Lloyd Ayaz Ebrahim
Robert Lloyd
has managed this fund for 5 years and 8 months.
Robert Lloyd, Managing Director, is a portfolio manager for the Asia Pacific Core strategy and a member of the Japan team within the Emerging Markets and Asia Pacific (EMAP) Equities team. Based in Hong Kong, he joined the Firm in Tokyo in 2005 and transferred to Hong Kong in 2009. Prior to this, Robert spent three years with UBS Asset Management in Tokyo as an investment analyst, initially for risk management and latterly for Japanese equities. He began his career as a collateral analyst in the credit group of Deutsche Bank, Tokyo. Robert obtained a B.A. in Literature and Linguistics from the University of Montana, U.S.
Manager Cumulative Performance v Peer Group
Ayaz Ebrahim
has managed this fund for 7 years and 11 months.
Ayaz Ebrahim, managing director, is a portfolio manager and the co-head of the Asia Pacific Regional team within the Emerging Markets and Asia Pacific (EMAP) Equities team based in Hong Kong. He also chairs the Asia Pacific Asset Allocation Committee. Before joining J.P. Morgan Asset Management in September 2015, Ayaz was previously with Amundi Hong Kong where he spent more than five years as the CIO of Asia ex-Japan equities and Deputy Chief Executive Officer (CEO). Prior to that Ayaz was the CIO, Asia Pacific, for both HSBC Global Asset Management and Deutsche Asset Management. From 1991 to 2002, he worked at Crédit Agricole Asset Management Hong Kong (now named Amundi Hong Kong Limited), initially as an investment manager and subsequently as CIO for Asia. Ayaz holds a Doctorate degree in Civil Law (DCL) and a Bachelor of Science degree (Honours) in Accountancy from the University of East Anglia in the U.K.
Manager Cumulative Performance v Peer Group
Other investment trusts managed by
Ayaz
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| JPMIndnITplc O25P | Co | Jul 2020 |
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
30/09/2023 |
30/09/2022 |
30/09/2021 |
30/09/2020 |
30/09/2019 |
30/09/2018 |
|---|---|---|---|---|---|---|
| Total Revenue | 24.81 | -67.71 | 57.66 | 37.65 | 31.27 | 29.67 |
| Gross profit | 22.72 | -69.90 | 54.90 | 35.46 | 29.30 | 27.56 |
| Operating Profit/Loss | 21.89 | -70.60 | 54.11 | 34.79 | 28.55 | 26.74 |
| Profit Before Tax | 21.89 | -70.60 | 54.11 | 34.79 | 28.55 | 26.74 |
| Profit After Tax | 20.82 | -71.12 | 53.27 | 33.99 | 27.70 | 25.82 |
| Equity Holders of Parent Company | 20.82 | -71.12 | 53.27 | 33.99 | 27.70 | 25.82 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
30/09/2023 |
30/09/2022 |
30/09/2021 |
30/09/2020 |
30/09/2019 |
30/09/2018 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 342.83 | 358.30 | 448.72 | 394.14 | 373.98 | 363.15 |
| Total Current Assets | 3.89 | 1.04 | 2.00 | 5.00 | 5.33 | 2.12 |
| Total Assets | 346.72 | 359.35 | 450.72 | 399.14 | 379.30 | 365.28 |
| Total Liabilities | 1.89 | 0.79 | 0.52 | 2.50 | 1.98 | 0.97 |
| Total Net Assets | 344.83 | 358.56 | 450.20 | 396.64 | 377.33 | 364.31 |
| Shareholders Funds | 344.83 | 358.56 | 450.20 | 396.64 | 377.33 | 364.31 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 344.83 | 358.56 | 450.20 | 396.64 | 377.33 | 364.31 |