JPMorgan Claverhouse's net asset value rose by 2.7% on a total return basis in the six months to the end of June.

This was marginally behind the total return of its benchmark index, the FTSE All-Share, of +3.3%.

The total return to shareholders was +0.1%, as the discount on the company's shares widened a little over the period, from 7.1% to 8.1%.

At 2:27pm: (LON:JCH) JP Morgan Fleming Claverhouse Investment Trust share price was +5.5p at 411.5p