JPMorgan Global Growth & Income plc

Aims to provide superior total returns and outperform the MSCI All Country World Index over the long-term by investing in companies based around the world. The Company typically invests directly although it may also take positions in pooled vehicles to gain exposure to such companies. The Company pays quarterly dividends. The absolute level of the annual dividend is set at the beginning of its financial year and on aggregate, these payments will equal to at least 4% of the NAV at the time of announcement. The manager is focused on building a high conviction portfolio of typically 50 – 90 stocks, drawing on an investment process underpinned by fundamental research. Portfolio construction is driven by bottom-up stock selection rather than geographical or sector allocation. Currency exposure is predominantly hedged back towards the benchmark. Returns are principally determined by the performance of the investments made by The Company, although The Company uses borrowing to gear the portfolio within a range of 5% cash to 20% geared under normal market conditions. Gearing may magnify gains or losses experienced by The Company. The Company will repurchase its shares with the aim of maintaining an average discount of around 5% calculated with debt at par value.