JPMorgan Amer InvTst (JAM) - Interim Management Statement RNS Number : 3306R JPMorgan American IT PLC 16 November 2012 JPMorgan American Investment Trust plc Interim Management Statement (unaudited) For the three months ended 30th September 2012 This interim management statement relates to the quarter from 1st July 2012 to 30th September 2012 and contains information that covers that period, unless otherwise stated. Financial performance - Cumulative Total Return * 1 month 3 months 1 Year 3 Years 5 Years 10 Years Share price 2.5% 8.3% 22.1% 52.1% 52.3% 158.3% Net asset value 0.6% 2.8% 23.1% 40.0% 38.1% 129.4% Benchmark 0.9% 3.2% 25.2% 42.4% 30.8% 103.1% * total return with net dividends reinvested Source: JPMAM/Morningstar Financial position As at 14th November As at 30th September As at 30th 2012 2012 June 2012 Total assets £495.2m £509.2m £497.6m Share price 895.0p 952.0p 883.5p Net asset value 876.0p 921.4p 901.2p Premium / (Discount) 2.2% 3.3% (2.0)% Gearing/ (net cash) (2.8)% (3.0)% (2.0)% Share prices shown are closing bid Net asset values are shown with debt at fair value on a cum income basis Source: JPMAM/Morningstar Material events There were no material events during the quarter. Material transactions Changes to share capital: Ordinary Shares of 25p Shares in issue as at 1st July 2012 48,468,092 Shares bought back and cancelled - Shares issued - new 920,000 As at 30th September 2012 49,388,092 Portfolio Analyses Top ten holdings as at 30th September 2012 Stock name Sector Weight % Apple Information Technology 5.2 Microsoft Information Technology 3.6 Exxon Mobil Energy 3.5 IBM Information Technology 2.7 Merck & Co Health Care 2.4 Berkshire Hathaway Financials 2.4 Pfizer Health Care 2.4 United Technologies Industrials 2.0 Phillip Morris International Consumer Staples 1.9 Williams Energy 1.9 Sector analysis as at 30th September 2012 Sector 30th September 2012 % Information Technology 20.7 Health Care 13.9 Energy 11.7 Financials 11.0 Consumer Discretionary 9.8 Consumer Staples 9.1 Industrials 6.3 Telecommunication Services 3.1 Utilities 1.2 Materials 0.5 Cash 12.7 Total 100.0 Asset analysis as at 30th September 2012 30th September 2012 % Large companies 84.1 Small companies 3.1 Unquoted investments 0.1 Cash & liquidity 12.4 Unrealised hedge value 0.3 Total 100.0 By order of the Board Alison Vincent, for and on behalf of JPMorgan Asset Management (UK) Limited, Secretary 16th November 2012 Registered office: Finsbury Dials, 20 Finsbury Street, London, EC2Y 9AQ Telephone: 020 7742 4000 This interim management statement has been prepared solely to provide information to meet the requirements of the UK Listing Authority's Disclosure and Transparency Rules. Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement JPMORGAN ASSET MANAGEMENT (UK) LIMITED ENDS Please note that up to date information on the Company, including daily NAV and share prices, factsheets and portfolio information can be found at www.jpmamerican.co.uk. This information is provided by RNS The company news service from the London Stock Exchange END IMSGGGAWGUPPGGQ -0- Nov/16/2012 11:36 GMT
JPMorgan Amer InvTst JAM Interim Management Statement
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