JPMorgan Indian Investment Trust plc

ISIN:GB0003450359 Bloomberg ticker:JII LN

JPMorgan Indian Investment Trust plc is the largest Indian trust to focus purely on Indian companies, providing access to India’s long-term growth potential through locally based investment expertise.

  • Share price -p
  • NAV*-p
  • Premium*-
For information on charges relating to this trust please check Trust factsheet.
Source: J.P. Morgan Asset Management. Share Price updates every
15 minutes, current update as - on - .
* All other figures shown are as at close of business on 30/08/2016 using the cum income NAV per share with debt at fair value.

About this trust

  • Investment objective

    • Aims to provide capital growth from Indian investments by outperforming the MSCI India Index. The company will invest in a diversified portfolio of quoted Indian companies and companies that earn a material part of their revenues from India. The company will not invest in other countries of the Indian sub continent including Sri Lanka. The company has the ability to use borrowing to gear the portfolio to up to 15% of net assets where appropriate.

  • Fund facts

    • Total fund size: £814,997,187
    •  (as at 31/07/2016)
    • Benchmark: MSCI India Index (£)
    • Investment style: Growth
    • Sector: Emerging
  • Risk warnings

    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. Past performance is not a guide to the future.

    For further risks associated with this trust please refer to the 'Key risks' section below.

Performance

Cumulative performance of an original investment of £100.

  • 1 yr
  • 3 yr
  • 5 yr
 
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You should remember that past performance is not a guide to the future.
Source: J.P. Morgan Asset Management. Total return, net of charges and any applicable fees using cum income Net Asset Values (NAVs) debt at par with net dividend (if any) reinvested, in sterling. For detail see the Trust’s latest Report & Accounts.

Fund Managers

  • Rajendra Nair

    Rajendra Nair, Managing Director, is an investment manager and an India country specialist with the Pacific Regional Group in Hong Kong. He transferred to Hong Kong in 2005 from India where he had been responsible for the firm's futures and options business since 2000. Raj joined the firm in India in 1998 as an intern in equity research, initially working as an assistant analyst. He previously spent two years with accounting firms in India. Raj obtained a Bachelor's degree in Commerce from D.G. Ruparel College, University of Mumbai. He is also a certified chartered accountant with the Institute of Chartered Accountants of India and a certified financial risk manager with the Global Association of Risk Professionals Inc, USA. He is also a CFA charterholder.

  • Rukhshad Shroff

    Rukhshad Shroff, managing director, is an investment manager and an India country specialist with the Pacific Regional Group in Hong Kong. He joined the firm in 1994 as a strategist and equity analyst in India. Prior to joining the firm, he spent two years with Securities Analysis India Private as an equity analyst. Rukhshad obtained a B.Com. and an M.Com. from the Sydenham College of Commerce and Economics in India. He is a CFA charterholder and a graduate of the Institute of Cost and Works Accountant of India.

Important information

Key attributes
  • The largest UK investment trust to focus purely on India (source The Association of Investment Companies as at 30/09/15).
  • Managed by a dedicated team within a strong focus on first-hand company visits and research to discover attractively-valued stocks.
Essential information

Shares and debentures (if any) in an investment trust are not subject to the Financial Conduct Authority's (FCA) restrictions for marketing Non-mainstream Pooled Investment products, therefore investment trust products can be marketed to retails investors directly or via independent financial advisers.

Charges

For information on charges relating to this trust please check the Trust factsheet.

Key risks
  • Exchange rate changes may cause the value of underlying overseas investments to go down as well as up.
  • Investments in emerging markets may involve a higher element of risk due to political and economic instability and underdeveloped markets and systems. Shares may also be traded less frequently than those on established markets. This means that there may be difficulty in both buying and selling shares and individual share prices may be subject to short-term price fluctuations.
  • External factors may cause an entire asset class to decline in value. Prices and values of all shares or all bonds could decline at the same time.
  • This trust may utlilise gearing (borrowing) which will exaggerate market movements both up and down.
  • This trust may also invest in smaller companies which may increase its risk profile.
Awards

Award
Annual and half year reports
Annual general meeting

Date: 27th January 2016
Time: 12.00 noon
Location: 60 Victoria Embankment, London EC4 OJP.

AGM Presentation 2016

Proxy Voting as at:

27 January 2016 - AGM

29 January 2015 - AGM

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