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JPMorgan Brazil Investment Trust (JPB) Ordinary 1p

Sell:62.50p Buy:67.00p 0 Change: 0.25p (0.39%)
Market closed Prices as at close on 23 October 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Liquidation

JPMorgan Brazil Investment Trust Ordinary 1p

Type:
Liquidation
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 22 Oct 2020)

The Directors of the JPMorgan Brazil Investment Trust have decided to hold a General Meeting on 16 November 2020 in order to approve the voluntary winding-up of the Company and the distribution of the Company’s assets.


If you would like to vote please submit your vote below before our noon on Wednesday 11 November 2020 deadline.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the message and not on the summary information outlined above.

×
Sell:62.50p
Buy:67.00p
Change: 0.25p (0.39%)
Market closed Prices as at close on 23 October 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Liquidation

JPMorgan Brazil Investment Trust Ordinary 1p

Type:
Liquidation
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 22 Oct 2020)

The Directors of the JPMorgan Brazil Investment Trust have decided to hold a General Meeting on 16 November 2020 in order to approve the voluntary winding-up of the Company and the distribution of the Company’s assets.


If you would like to vote please submit your vote below before our noon on Wednesday 11 November 2020 deadline.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the message and not on the summary information outlined above.

×
Sell:62.50p
Buy:67.00p
Change: 0.25p (0.39%)
Market closed Prices as at close on 23 October 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Liquidation

JPMorgan Brazil Investment Trust Ordinary 1p

Type:
Liquidation
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 22 Oct 2020)

The Directors of the JPMorgan Brazil Investment Trust have decided to hold a General Meeting on 16 November 2020 in order to approve the voluntary winding-up of the Company and the distribution of the Company’s assets.


If you would like to vote please submit your vote below before our noon on Wednesday 11 November 2020 deadline.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the message and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

Aims to generate total returns, primarily in the form of capital, from a portfolio primarily invested in Brazilian focused companies. The Company may also invest up to 10% in companies in other Latin American countries. Equity holdings may be reduced to a minimum of 60% of gross assets if it is considered beneficial to performance.
Security Weight
Vale SA 10.24%
B3 SA - Brasil Bolsa Balcao 7.87%
Magazine Luiza SA 6.92%
MercadoLibre Inc 5.28%
Localiza Rent A Car SA 4.58%
Lojas Renner SA 4.49%
Weg SA 4.45%
Bank Bradesco SA ADR 4.30%
Itau Unibanco Holding SA ADR 4.20%
XP Inc Class A 3.04%
Sector Weight
Financial Services 27.85%
Consumer Cyclical 22.05%
Basic Materials 13.26%
Industrials 12.12%
Healthcare 8.24%
Technology 7.89%
Consumer Defensive 3.71%
Real Estate 2.28%
Communication Services 1.62%
Utilities 1.17%
Country Weight
Brazil 98.26%
United States 1.17%
Mexico 0.77%

Fee Structure

Management fee of 1.0% p.a. of the NAV. The fee is calculated and paid monthly in arrears. Contract terminable on notice period of six months.

Dividend Policy

The dividend policy has been to distribute all, or substantially all, of the available income each year. The Board recommends a dividend of 0.80p per Ord.

ASSET SPLIT

Total number of holdings: 44.

Trust Manager

Luis Carrillo

Manager Bio

Luis Carrillo, managing director, is a regional portfolio manager and the head of the Latin America Group, with a specialisation in Mexico, within the Emerging Markets and Asia Pacific Equities Team. He joined the firm in 1998 and is based in New York. Previously he was with several consulting firms where he offered strategic and financial advice concerning Latin America and Asia. Luis holds a B.S. degree in engineering and a graduate degree in industrial engineering from the Universidad Anahuac in Mexico. He holds an M.B.A. in finance from the Wharton School of the University of Pennsylvania.

Board Of Directors

Victor Bulmer-ThomasChairman, Mark Bridgeman

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.