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JPMorgan Elect in line with benchmark

By BFN News | 04:25 PM | Wednesday 04 November, 2009

JPMorgan Elect's managed growth portfolio has continued to perform much in line with its benchmark with a slight improvement in the relative position over the second half. For the year to 31st August 2009 the total return to shareholders declined by 5.0% and the benchmark by 6.7%. Chairman Simon Miller said: "Disappointing thought it is to report an absolute decline for the year the board regards this outcome as satisfactory in what have been exceptional circumstances."

Story provided by Business Financial Newswire