JPMorgan Global Growth & Income (JPGI)

Business description

JPMorgan Global Growth & Income (JPGI, formerly JPMorgan Overseas IT) aims to achieve capital growth from world stock markets, by holding a diversified portfolio of investments in which the portfolio manager has a high degree of conviction. Following a change in its distribution policy in July 2016, it also aims to pay a dividend equivalent to at least 4% of NAV at the preceding year-end, announced at the start of the year to give visibility of income.

Stock data

Market cap.£403.8m
Last close313.00p
High / Low (52 weeks)339.5p / 293.2p
Stock market listingLN, NZ
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Buy, hold or fold: JP Morgan Global Growth & Income shifts to equity income sector

Tue, 07 Feb 2017 10:01:29 GMT

The global trusts with the best NAV returns over the last decade

Fri, 15 Sep 2017 11:52:05 GMT

What Investment Trust Awards 2017: Shortlist revealed

Thu, 04 May 2017 10:48:09 GMT

Revealed: Winners of the What Investment Trust awards 2017

Wed, 31 May 2017 08:46:27 GMT

Market Check: These Shares Up 0.64% Over the Last Month: Jpmorgan Global ...

Tue, 24 Apr 2018 10:07:30 GMT

Investment summary

JPMorgan Global Growth & Income (JPGI) has enjoyed a strong period of share price performance since adopting a higher distribution policy in mid-2016. NAV returns have also kept pace with the benchmark MSCI AC World index, in spite of the trust’s focus on long-term valuations in an environment where market returns have been driven more by ‘growth at any price’. JPGI is the only UK retail investment product offering access to J.P. Morgan Asset Management’s (JPMAM’s) global focus investment process, which uses a large team of expert sector analysts to identify undervalued stocks with significant profit potential. Manager Jeroen Huysinga remains positive on the global economic outlook for at least the next 12-18 months, and has been finding particular opportunities in industrial cyclicals and financials, while being significantly underweight in technology stocks.

Last updated on 06/02/2018

Latest video

Executive interview - JPMorgan Global Growth & Income

Key management

Nigel Wightman, Chairman
Jeroen Huysinga, Fund manager
Tristan Hillgarth, Non-Executive Director
Jonathan Carey, Non-Executive Director

Company address

60 Victoria Embankment, London
EC4Y 0JP
United Kingdom
020 7742 4000
View website