REG - JPMorgan Indian Inv - Adjusted NAV

Jpmorgan Indian Investment TrustAnnouncement

17/03/2025 15:30

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RNS Number : 9914A  JPMorgan Indian Invest Trust PLC  17 March 2025

LONDON STOCK EXCHANGE ANNOUNCEMENT

 

JPMORGAN INDIAN INVESTMENT TRUST PLC

 

Performance-related Conditional Tender Offer - Unaudited Adjusted NAV

 

Legal Entity Identifier: 549300OHW8R1C2WBYK02

 

The unaudited net asset value per share excluding the impact of capital gains
tax stood at 1,168.84 pence per share as at 28th February 2025.

 

As at 28th February 2025, the Company's Adjusted NAV relative to the Benchmark
Return and Hurdle Rate, for the purpose of the Performance-related conditional
tender offer, was:

 

 Tender Period: From 1st October 2020 to 28th February 2025
 Benchmark  (MSCI India Index) Return                72.11%
 Hurdle Rate (0.5% p/a)                              2.21%
 Benchmark Return + Hurdle Rate                      74.31%
 NAV Return                                          60.14%
 NAV Relative to Benchmark Return + Hurdle Rate      -14.17%
 Adjusted NAV Return (excluding Capital Gains Tax))  70.11%
 Adjusted NAV Relative to Benchmark Return + Hurdle  -4.20%

Source: JPMorgan Asset Management & Morningstar

 

 

17th March 2025

 

 

JPMorgan Funds Limited, Company Secretary

For further information, please contact:
Sachu Saji

Telephone 0800 20 40 20 (or +44 1268 44 44 70)

 

 

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