Dividend Declaration

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN GLOBAL CORE REAL ASSETS LIMITED

(the "Company")

DIVIDEND DECLARATION

Legal Entity Identifier: 549300D8JHZTH6GI8F97

Information disclosed in accordance with DTR 6.1.13

Fourth Quarterly Interim Dividend in respect of the year ending 28th February 2021

The Directors have declared a fourth quarterly interim dividend of 1 penny per share in respect of the Company's financial year ending 28th February 2021, to be paid on 25th February 2021 to shareholders on the register as at the close of business on 29th January 2021. The ex-dividend date will be 28th January 2021.

The manager notes the robust income generation from the underlying portfolio, reflecting the muted impact, to date, of COVID-19 related disruptions to revenue receipts. This speaks to the strength of the underlying teams' investment approaches, the diversified overall portfolio construction and the defensive nature of the assets owned by the Company.

This declared dividend brings the forward yield on a constant basis to 4.0 pence per share and as the portfolio approaches full investment we expect the level of income to increase further and the Board will assess the dividend levels, which in the absence of unforeseen circumstances, it expects to be within the target range of 4%-6% yield on issue price as set out in the Company's prospectus.

21st January 2021

For further information:

Alison Vincent

JPMorgan Funds Limited

Company Secretary

020 7742 4000