9th Dec 2020 17:47
JPMorgan China Growth & Income PLC - invests in Chinese companies - Reports "extraordinary year", with net asset total return 66.1% with dividends reinvested, versus its benchmark index, MSCI China, returning 27.3%. Net asset share per share soars to 565.3p at September 30 from 348.1p a year ago.
"The renewed interest to invest in China, when combined with our investment performance and the differentiation that our new dividend policy brings, has benefited our share price both during the year and since. These have driven the share price from a significant discount of 11.1% at the start of the year to a premium today," company says.
Current stock price: 634.00 pence
Year-to-date change: up 76%
By Lucy Heming;Â [email protected]
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