MONTHLY PORTFOLIO UPDATE

JPMorgan Global Core Real Assets Ld

20 August 2024

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN GLOBAL CORE REAL ASSETS LIMITED

MONTHLY PORTFOLIO UPDATE

Legal Entity Identifier: 549300D8JHZTH6GI8F97

JPMorgan Global Core Real Assets Limited (the "Company" or "JARA"), the diversified global infrastructure, transportation and real estate investment company, announces a portfolio update as at 31 July 2024.

Net Asset Value

The Company's unaudited net asset value ('NAV') as at 31 July 2024 is 92.21 pence per share (30 June 2024 NAV: 92.63 pence per share), a decrease of 0.5%.  The Company's share price as at 31 July 2024 was 69.00 pence and the discount to NAV was 25.2%.

An analysis of the components to this NAV and the relevant dates for their valuation is provided below.

Portfolio Strategies

Name	Date of price for Strategy	% of JARA's NAV as at 31 July 2024
Infrastructure	31 March 2024	20.9%
Transportation	31 March 2024	20.7%
US Real Estate Equity	30 June 2024	17.8%
Asia-Pacific Real Estate Equity	31 March 2024	15.8%
US Real Estate Debt	30 June 2024	7.5%
Liquid Strategy	31 July 2024	17.3%

Exchange Rates

The GBP/USD exchange rate was 1.28445 as at 31 July 2024 (30 June 2024: 1.26410).

20 August 2024

Emma Lamb

JPMorgan Funds Limited - Company Secretary

[e-mail]

Telephone [phone] (or [phone])

Buchanan Communications - Financial PR

[e-mail]

Telephone [phone]

Notes

The Company aims to provide holders of the Ordinary Shares with a stable income and capital appreciation, measured on a constant currency basis, through exposure to a globally diversified portfolio of Core Real Assets in accordance with the Company's investment policy. The Company obtains exposure to Core Real Assets through various real asset strategies, namely: Global Infrastructure, Global Real Estate, Global Transport and Global Liquid Real Assets. J.P. Morgan's Alternative Solutions Group has the primary responsibility for managing the Company's portfolio.

 

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