JPMorgan Global Emerging Markets Income Trust plc - Ordinary Shares - J.P. Morgan Asset Management
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JPMorgan Global Emerging Markets Income Trust plc
(GB00B5ZZY915)
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About this trust

Risks

Performance

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Portfolio

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Manager Commentary

Fund Managers

In their words (as of )

The Company's share price and net asset value outperformed the benchmark. Positive contributions to relative performance came from stock selection in South Africa, where we are overweight, an overweight in Russia, and our low exposure to China, which was impacted by a liquidity crunch. Our Russian exposure was a strong contributor as the market was a stand-out performer, having benefited from improved political sentiment following the US election. Higher oil prices were also a catalyst for the market. Our overweight here—driven by individual stock decisions—was positive for returns, with contributions from Moscow Exchange (financials) and Lukoil (energy). Positive contributions also came from being underweight China. From a positioning standpoint, there has been limited change in the month, which is to be expected given the long-term nature of the strategy. Overall positioning from a country and sector perspective remains broadly unchanged, with Taiwan and South Africa the two largest country overweights and China and Korea major underweights.

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For contact details and more information on our trust range use the following links:

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AGM information

Annual General Meeting: 27 November 2016 2.00 p.m., 60 Victoria Embankment, London EC4 OJP.

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Disclaimer

*Morningstar Analyst rating as at 01 January 2017.

Morningstar RatingsTM: © 2017 Morningstar. All rights reserved.

The methodology and calculations used by the companies or organisations that provide the fund or fund manager awards and ratings are not verified by J.P. Morgan Asset Management and therefore we are unable to accept responsibility for their accuracy.  Ratings and awards should not be relied upon for making an investment decision.  Past performance is no guarantee of future results. The value of investments and the income from them may fall as well as rise and investors may not get back the full amount invested. Investment is subject to documentation (Prospectus, Key Investor Information Document (KIID) and Key Features and Terms and Conditions). Issued by JPMorgan Asset Management Marketing Limited which is authorised and regulated in the UK by the Financial Conduct Authority. Registered in England No: 288553. Registered address: 25 Bank St, Canary Wharf, London E14 5JP.