Managed by our locally based team of investment experts, the JPMorgan Asian Investment Trust plc provides broad access to Asia’s fast growing markets and benefits from our long experience in the region.
About this trust
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Fund Manager interview
February 2013
Chief Investment Officer, Asia Pacific and joint portfolio manager speaks about the key objectives, features, performance and outlook for the Trust.
Diversified exposure across Asia-Pacific markets excluding Japan.
Access to a highly-respected investment team that uses an investment process
specifically developed for Asian stock markets.
Looks to outperform its benchmark through both stock selection and country
allocation.
Actively manages gearing to enhance potential returns.
Key risks
Investing in emerging markets may involve a higher element of risk due to
political and economic instability and underdeveloped markets and systems, and may
be illiquid.
Exchange rate changes may cause the value of underlying overseas investments
to be volatile.
Some investment trusts may have warrants or Subscription Shares in issue,
which if exercised may have an effect on the net asset value.
Investment trusts may utilise gearing which will exaggerate market movements
both down and up which could mean sudden and large falls in value. For further details,
please refer to the trust's annual report and accounts.
Market news
Can Asia withstand a slowdown in the west?
Weak economic data in the US and Europe has contributed to intense recent volatility
on global stock markets on fears that the west may be falling back into recession.
Although Asian markets have also suffered, there is increasing evidence that Asian
economies are decoupling from the est, presenting exciting investment opportunities
for investors in the region.
The J.P. Morgan Asian Investment Trust plc issued Subscription Shares on 4 February
2009 as a bonus issue to Ordinary shareholders on the basis of one Subscription
for every five Ordinary Shares held.
As a shareholder of JPMorgan Asian Investment Trust Subscription Shares, you can choose to convert your Subscription Shares at any time. The conversion price is 203 pence per share from 1 April 2012 to 31 March 2014, after which the rights on the Subscription shares will lapse (please refer to the Subscription Shares Prospectus for further details).
The value of investments and the income from them can go down and up, and you may not get back as much as you paid in. Tax benefits and liabilities depend on individual circumstances and may change in the future.