Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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JP Morgan Overseas (JPGI)

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Tuesday 29 April, 2008

JP Morgan Overseas

Interim Management Statement

JPMorgan Overseas IT PLC
29 April 2008

                     JPMorgan Overseas Investment Trust plc

                    Interim Management Statement (Unaudited)

                   For the three months ended 31st March 2008

This interim management statement relates to the quarter from 1st January 2008
to 31st March 2008 and contains information that covers that period, unless
otherwise stated.

Financial performance - Cumulative Total Return *

                         1 month      3 months       1 Year       3 Years      5 Years      10 Years
Share price              -4.3%        -11.9%         -4.1%        38.3%        97.9%        60.9%
Net asset value          -2.8%        -11.7%         -4.4%        28.8%        72.9%        47.5%
Benchmark                -0.9%        -8.9%          -4.5%        25.3%        66.7%        37.2%

* total return with net dividends reinvested

Source: JPMAM/Fundamental Data

Financial position
                                                       As at 31st March 2008   As at 28th April 2008
Total assets                                                  £170.6m                 £181.4m
Share  price                                                   573.0p                  615.0p
Net asset value                                                611.8p                  655.0p
Discount                                                        6.3%                    6.1%
Gearing                                                        104.1%                  103.4%

Share prices shown are closing bid

Source: JPMAM/Fundamental Data

Changes to share capital

                                           Issued Shares

As at 1st January 2008                     28,140,948
Shares bought back and cancelled           432,000
Shares bought back into Treasury           -
Shares cancelled from Treasury             -
Shares issued                              -
As at 31st March 2008                      27,708,948

During the quarter, the Company made market purchases of 432,000 shares for
cancellation, representing 1.5% of the shares outstanding at the beginning of
the financial year.

Portfolio Analyses

Ten largest holdings as at 31st March 2008*

Stock name                                Sector                        Weight %

JPMorgan Emerging Markets Inv Trust       Financials                         2.9
Total                                     Energy                             2.7
Mitsubishi                                Industrials                        2.6
El Paso                                   Energy                             2.2
Nokia                                     Information Technology             2.1
Vodafone                                  Telecommunication Services         2.0
Roche Holdings                            Health Care                        2.0
Intesa Sanpaolo                           Financials                         2.0
Cisco Systems                             Information Technology             1.9
Taiwan Semiconductor                      Information Technology             1.7

* Excluding liquidity fund holdings which are held as an alternative to cash.

Portfolio analysis as at 31st March 2008
                                                      Portfolio %

Financials                                            27.9
Information Technology                                14.7
Energy                                                13.6
Industrials                                           11.4
Consumer Staples                                      10.9
Materials                                             7.7
Consumer Discretionary                                7.2
Health Care                                           5.0
Telecommunication Services                            4.4
Utilities                                             2.1
Cash                                                  -4.9
Total                                                 100.00

Geographical                                          Portfolio %

North America                                         38.0
Continental Europe                                    31.0
United Kingdom                                        12.6
Japan                                                 10.3
Emerging Markets                                      7.6
Developed Asia                                        5.4
Cash                                                  -4.9
Total                                                 100.00

By order of the Board
Divya Amin, for and on behalf of
JPMorgan Asset Management (UK) Limited, Secretary
29th April 2008

Registered office: Finsbury Dials, 20 Finsbury Street, London, EC2Y 9AQ
Telephone: 020 7742 6000

This interim management statement has been prepared solely to provide
information to meet the requirements of the UK Listing Authority's Disclosure
and Transparency Rules.

Please note that up to date information on the Company, including daily NAV and
share prices, factsheets and portfolio information can be found at

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                               

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