Brown Advisory US Smaller Companies (formerly Jupiter US Smaller Companies : JUS) aims to achieve attractive long-term capital growth by investing in a diversified portfolio of quoted US smaller and medium-sized companies.
The manager takes a risk -averse approach to investment, emphasising capital preservation. The approach is long term and focuses on good quality companies whose share valuation reflects limited downside risk. Many companies are relatively immature, whether financially or operationally or in terms of management or market position. They tend to be highly geared to growth and are particularly vulnerable to market and other changes.
Jupiter US Smaller Companies has adopted a disciplined and relatively conservative investment style that focuses on companies with a strong franchise, free cash flow and insider ownership by management and whose shares are considered by the manager to be cheap at the time of investment.
Jupiter US Smaller Companies changed its name from F&C US Smaller Companies in April 2014.
Ahead of the upcoming change of manager, we have written a note – Over the pond – that discusses the future of the trust