In QuotedData’s morning briefing 21 September 2023:
- JPMorgan Global Core Real Assets (JARA) has provided a quarterly NAV valuation. As of 31 August 2023 the NAV per share of the trust was 95.37p per share, reflecting a negative total return of (2.0%) for the quarter and (8.0%) for the 12 month period.
- Gulf Investment Fund (GIF) has announced its tender offer for up to 100% of each shareholder’s holding. The cut-off date for inclusion on the shareholder register is 26 September 2023, though the board has the discretion to cancel the tender if it believes it will lead the trust to be sub scale.
- Nippon Active Value Fund (NAVF) has announced that it is now eligible for listing on the premium listing segment of the Official List of the FCA. The board has made the necessary application to migrate its shares onto the premium segment. The board believes that this will improve retail investor access to the trust and thus liquidity and the demand for NAVF’s shares.