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 30 September 2024.
Net Asset Value
The Company's unaudited net asset value ('NAV') as at 30 September 2024 is 88.85 pence per share (30 August 2024 NAV: 90.07 pence per share), a decrease of 1.4%. The depreciation of the US dollar against Pound sterling has adversely impacted our NAV performance by approximately 2%. The Company's share price as at 30 September 2024 was 78.00 pence and the discount to NAV was 12.2%.
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 30 September 2024 |
| Infrastructure | 30 June 2024 | 21.0% |
| Transportation | 30 June 2024 | 20.9% |
| Real Estate Equity | 30 June 2024 | 33.0% |
| US Real Estate Debt | 30 June 2024 | 7.5% |
| Liquid Strategy | 30 September 2024 | 17.6% |
Exchange Rates
The GBP/USD exchange rate was 1.34135 as at 30 September 2024 (30 August 2024: 1.31425).
7 October 2024
Emma Lamb
JPMorgan Funds Limited - Company Secretary
invtrusts.cosec@jpmorgan.com
Telephone 0800 20 40 20 (or +44 1268 44 44 70)
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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