Following the completion of a managed wind-down (initially proposed at the end of 2024), the JPMorgan Global Core Real Assets Trust has announced a voluntary liquidation.
The trust’s holdings have been fully redeemed, and the cash proceeds received, with the unaudited net asset value per share as of the end of May standing at 92.7p.
Yesterday (29 June), the trust entered an agreement for the sale and purchase of the trust’s US strategy/US real estate fund, which will leave all of the company’s assets in cash, or near-cash assets.
As a result, the trust believes “it is now appropriate” to put forward proposals to liquidate the company, with KPMG set as the liquidator and to review the financial position.
Following…