Legal Entity Identifier: 5493006R74BNJSJKCB17 The Directors of JPMorgan Asia Growth & Income plc announce the Company s results for the year ended 30th September 2020. chairman s statement Performance and the Company s Improved Rating In the year to 30th September 2020 the Company s return to shareholders was +22.3% compared with a return of +12.3% in sterling terms for the Company s benchmark index, the MSCI All Countries Asia ex Japan Index. The net asset value ( NAV ) return was +9.3% (all figures are on a total return basis). Such returns would have been hard to envisage at the Company s six month mark, when I reported a return to shareholders of -6.6% and a NAV return of -11.5% as the effect of the COVID-19 pandemic took hold of economies throughout the globe. This remarkable turnaround reflects the significant recovery of East Asian countries in the second half of the Company s financial year, which to date have gen
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