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JPMorgan Brazil IT lags benchmark

By BFN News | 07:27 AM | Wednesday 15 July, 2015

JPMorgan Brazil Investment Trust's return on net assets was -14.6% and the return to ordinary shareholders was -11.9% in the year to the end of April, reflecting a narrowing of the company's discount from 9.1% to 6.4%. The company underperformed its benchmark, the MSCI Brazil 10/40 Index (in sterling terms), which returned -9.5%. Story provided by

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