| Valuation method | Value, £ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 80.23 | 3 |
| Intrinsic value (DCF) | 30.98 | -60 |
| Graham-Dodd Method | 0.55 | -99 |
| Graham Formula | n/a |
JPMorgan Global Core Real Assets Limited (JARA.L) is a UK-based investment company listed on the London Stock Exchange, offering investors diversified exposure to global real assets. As part of the Financial Services sector, the company focuses on core real assets such as infrastructure, real estate, and transportation, aiming to provide stable income and long-term capital appreciation. Managed by J.P. Morgan Asset Management, JARA.L leverages institutional expertise to invest in high-quality, income-generating assets across developed markets. The fund targets investors seeking inflation protection and portfolio diversification through tangible assets with low correlation to traditional equities. With a market capitalization of approximately £131 million, JARA.L provides a niche investment opportunity in the growing real assets space, appealing to income-focused and risk-averse investors.
JPMorgan Global Core Real Assets Limited presents a mixed investment case. The fund's focus on diversified real assets offers inflation hedging and income generation, supported by a dividend yield of 2.1p per share. However, recent financials show challenges, with negative revenue (£9.2 million) and net income (£11.9 million) for FY 2024, alongside a diluted EPS of -0.0549p. The low beta (0.19) indicates lower volatility relative to the market, appealing to conservative investors. The absence of debt and positive operating cash flow (£15.6 million) are strengths, but the negative earnings raise concerns about short-term profitability. Investors should weigh the fund's defensive positioning against its recent performance struggles.
JPMorgan Global Core Real Assets Limited competes in the crowded real assets investment space, where differentiation hinges on asset quality, geographic diversification, and management expertise. The fund benefits from J.P. Morgan's global reach and institutional-grade asset selection, but its small size (£131 million market cap) limits scale advantages compared to larger peers. Its focus on core real assets (low-risk, income-generating properties) positions it as a conservative option, but this may limit growth potential in favor of stability. The fund's negative earnings in FY 2024 suggest underperformance relative to sector benchmarks, possibly due to high management fees or asset underperformance. Competitors with broader mandates or higher-yielding strategies may attract investors seeking higher returns, though JARA.L's low beta and dividend focus cater to a specific risk-averse demographic. The lack of leverage is a strength in volatile markets but may also constrain returns in bullish conditions.