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Investegate |JPMorgan Indian Inv Announcements | JPMorgan Indian Inv: Annual Financial Report


(the Company )
Legal Entity Identifier
: 549300OHW8R1C2WBYK02
 
Results
The year to 30th September 2020 was a volatile one for global equity markets and a negative one for investors in India, as indicated by our benchmark index, the MSCI India Index (in sterling terms), which returned -4.2%. Unfortunately, the Company performed poorly, both in absolute and relative terms, with a total return on net assets of -16.2% over the year. The share price fell sharply, from 744.0p to 571.5p, and the discount widened out from 9.3% at the beginning of the year to 16.8% at the year end, resulting in a total return to shareholders of -23.2%. ....

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