Stock data
Market cap. | £407.9m |
Last close | 311.50p |
High / Low (52 weeks) | 335.0p / 279.5p |
Stock market listing | LN, NZ |
Forecast net debt (m) | N/A |
Forecast gearing ratio (%) | N/A |
Team | Investment Companies |
Sector | Investment trusts |
Other companies in sector Show
Company news
Buy, hold or fold: JP Morgan Global Growth & Income shifts to equity income sectorTue, 07 Feb 2017 10:01:29 GMT |
JP MORGAN GLOBAL GROWTH & INCOME: Income may be the Holy Grail... but can ...Sat, 09 Sep 2017 20:09:28 GMT |
Jpmorgan Global Growth & Income PLC (JPG.NZ) Ichimoku Levels Indicate Sluggish ...Sat, 12 May 2018 20:03:45 GMT |
What Investment Trust Awards 2017: Shortlist revealedThu, 04 May 2017 10:48:09 GMT |
Revealed: Winners of the What Investment Trust awards 2017Wed, 31 May 2017 08:46:27 GMT |
Investment summary
JPMorgan Global Growth & Income (JPGI) is managed by Jeroen Huysinga, using J.P. Morgan Asset Management’s (JPMAM’s) global focus investment process. He aims to generate long-term capital growth from a portfolio of 50-90 equities that is diversified by geography and sector. The manager notes that stock market leadership has been narrow, led by growth and momentum stocks, which has been detrimental to JPGI’s investment performance in recent months (although the trust continues to outperform most of its peers in the AIC Global Equity Income sector). Huysinga is ‘sticking to his knitting’, buying undervalued stocks, as over the long term, cheaper companies have generated superior share price annual returns. The trust’s higher dividend policy, initiated in July 2016, appears to have found favour with investors, as JPGI’s discount has closed and its shares now regularly trade close to NAV.
Last updated on 31/08/2018
Latest research
Strong long-term capital growth
Review | Investment trusts | 31/08/2018
Value-focused growth fund with 4% distributions
Review | Investment trusts | 06/02/2018
Strong outperformance from focused global fund
Review | Investment trusts | 21/06/2017
Long-term growth, now with higher distributions
Initiation | Investment trusts | 27/09/2016
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 |