Overview
JPMorgan Claverhouse aims to deliver capital and income growth from UK investments. JPMorgan Claverhouse Investment Trust invests in income generating UK companies with a focus on those that provide consistent and growing dividends.
Investing in a portfolio consisting mostly of leading companies listed on the London Stock Exchange and with a portfolio consisting of between 60 and 80 individual stocks in which the Manager has high conviction.
You can access the company’s website here
Fundamentals
Price
Research History
-
14 Sep 2023 41 min read
QuotedData’s Economic and Political Monthly Roundup September 2023
Economic and Political Monthly Roundup Investment companies | Monthly | September 2023 August was a moderately volatile month for markets as the economic picture in China worsened. Developed markets held up better than emerging markets. Yields on US government debt rose. Oil prices edged up, but the big jump was in natural gas prices as […]
-
06 Apr 2023 82 min read
QuotedData’s Economic and Political Monthly Roundup April 2023
Economic and Political Monthly Roundup Investment companies | Monthly | April 2023 A collation of recent insights on markets and economies taken from the comments made by chairs and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage […]
-
10 Sep 2020 5 min read
QuotedData’s Economic Roundup – September 2020
Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
-
11 Sep 2019 3 min read
QuotedData’s economic roundup – September 2019
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
-
05 Apr 2019 4 min read
QuotedData’s economic roundup – April 2019
Kindly sponsored by Polar Capital Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy […]
-
14 Sep 2018 2 min read
QuotedData’s Economic round up – September 2018
QuotedData’s Economic round up – September 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
-
25 Apr 2018 1 min read
Quarterly investment companies roundup – First quarter 2018
Quarterly investment companies roundup – First quarter 2018 Quarterly investment companies roundup – First quarter 2018 – Global equity markets declined in the first quarter of 2018. Concerns about US interest rate rises were the feature of the first half of the quarter. However, worries about global trade took over in the second part, particularly […]
-
13 Mar 2018 1 min read
QuotedData’s Economic round up – March 2018
QuotedData’s economic round up – March 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
-
18 Jan 2018 1 min read
QuotedData – 2017 review of the year
QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside: US markets hit new highs despite three interest rate rises. Perceived low/no growth areas such as Europe and Japan burst into life. Asia’s technology stocks surged. India’s […]
-
10 Jan 2018 2 min read
QuotedData investment companies roundup – January 2018
QuotedData investment companies roundup – January 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of December 2017. Kindly sponsored by Baillie Gifford. January Investment Companies Roundup Winners and losers in December Infrastructure India’s share price […]
-
11 Dec 2017 2 min read
QuotedData investment companies roundup – December 2017
QuotedData investment companies roundup – December 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of November 2017. Kindly sponsored by Baillie Gifford. December Investment Companies Roundup Money raised and returned in November There were no […]
-
14 Sep 2017 2 min read
QuotedData’s economic round up – September 2017
QuotedData’s economic round up – September 2017 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to […]
-
10 Apr 2017 1 min read
QuotedData’s round up of views on the global economy – April 2017
A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the companies mentioned. Kindly sponsored […]
News
-
21 Mar 2025 3 min read
JPMorgan Claverhouse continues dividend growth streak as managers reposition portfolio
JPMorgan Claverhouse Investment Trust (JCH) has reported annual results for the year ended 31 December 2024, delivering a solid net asset value (NAV) total return of 9.2% (with debt at fair value). While marginally behind that of its All-Share Index benchmark, which JCH says returned 9.4%, the portfolio performed in line with broader UK equity […]
-
21 Mar 2024 2 min read
JPMorgan Claverhouse hit by discount widening
JPMorgan Claverhouse has published its results for 2023. Its returns came in just behind those of the All-Share Index, returning 7.3% in NAV terms to the index’s 7.9%. A widening discount left shareholders with a return of 2.9%. The dividend was increased (the 51st year in a row where this has happened!) to 34.5p from […]
-
14 Mar 2023 2 min read
A slow and steady recovery for JPMorgan Claverhouse after tough start
JPMorgan Claverhouse (JCH) announced results for the year ended 31 December 2022. The Company underperformed its benchmark, the FTSE All Share Index, declining by 4.6% on a NAV basis, and 5.1% in share price terms over the period, compared to a positive return of 0.3% for the benchmark. While management acknowledged the disappointing result, they […]
-
05 Aug 2022 4 min read
QuotedData’s morning briefing 5 August 2022
In QuotedData’s morning briefing 5 August 2022: Fidelity European (FEV) has announced its interim results for the six months ended 30 June 2022. During the period, FEV’s total return was -12.0%, which it says compares to a total return of -15.1% for the FTSE World Europe (ex UK) Index which is the Company’s Benchmark Index. […]
-
14 Mar 2022 2 min read
JPMorgan Claverhouse makes 49th year of increasing annual dividend as chair retires
JPMorgan Claverhouse makes 49th year of increasing annual dividend as chair retires – JPMorgan Claverhouse (JCH) has posted its annual financial report for the 12 months to 31 December 2021. During the period, the company’s net asset total return (based on debt being valued at par) was 21.5%, compared with a total return of 18.3% […]
-
06 Aug 2021 3 min read
QuotedData’s morning briefing 6 August 2021
In QuotedData’s morning briefing 6 August 2021: JPMorgan Claverhouse (JCH) has published its interim results for the six months ended 30 June 2021. The managers say that the portfolio performed well over the period, benefitting from a significant exposure to stocks geared into the nascent economic upturn. During the period, JCH provided an NAV total return […]
-
17 Mar 2021 2 min read
JPMorgan Claverhouse returns held back by gearing during initial sell-off
JPMorgan Claverhouse (JCH) annual results period to 31 December 2020 brought a -10.8% total NAV return. This compares with a total return for the same period from the company’s benchmark, the FTSE all-share index, of -9.8%. JCH says its returns were caused principally by being geared at the time of the steep market fall in the early […]
-
19 Mar 2020 5 min read
Annual results from JPMorgan Claverhouse as stock and sector selection drive outperformance
We have annual results (to end-December 2019) from the UK equity income company, JPMorgan Claverhouse (JCH). The company said that as at 16th March 2020 the FTSE All-Share Index had fallen to 2848.87; a fall of over 30% and its lowest level in almost eight years. Chairman, Andrew Sutch, noted: “Although we report in this document […]
-
02 Dec 2019 1 min read
QuotedData’s other news 2 December 2019
In QuotedData’s other news 2 December 2019 – JPMorgan Claverhouse (JCH) has announced that following a review, its management fee arrangements with JPMorgan Funds Limited will change. With effect from 1st January, 2020 the annual management fee, currently 0.60% p/a on net assets up to £500m and 0.50% on net assets over £50m , will be […]
-
08 Mar 2019 2 min read
Claverhouse on premium despite underperformance
JPMorgan Claverhouse results for the year ended 31st December 2018 show that its net asset total return for the year to 31st December 2018 was -13.5%. This compares with a total return for the same period from its benchmark index of -9.5%, an underperformance of 4.0%. The discount narrowed over the period, from a discount of […]
-
13 Mar 2018 3 min read
New discount control mechanism for JPMorgan Claverhouse
New discount control mechanism for JPMorgan Claverhouse – JPMorgan Claverhouse has published its annual results. For the year to 31st December 2017, the net asset total return was +16.2%. This compares with a total return for the same period from their benchmark, the All-Share Index, of +13.1%. During the year, the shareholder total return was +21.8%. The total […]
-
02 Nov 2017 1 min read
JPMorgan Claverhouse fixes debt until 2045
JPMorgan Claverhouse fixes debt until 2045 – The Board of JPMorgan Claverhouse has announced that it has agreed to issue GBP30m fixed rate 25 year unsecured notes at an annualised coupon of 3.22% – nothing surprising there. However, the funding date is expected to be 30th March 2020, the date of the maturity of the 7% […]
-
18 Sep 2017 1 min read
Investment trust insider on UK equity income
James Carthew: UK income trusts standing out from the crowd What makes an investment trust stand out from the crowd? It is a question that preoccupies many boards and it is relevant in a time when many investors are being warned off me-too funds, quasi-index trackers and even active investing. Two high-profile funds in the […]
-
13 Mar 2017 4 min read
JPMorgan Claverhouse underperformed in run up to Brexit vote
JPMorgan Claverhouse has announced its annual results for the year ended 31st December 2016. During the period, the Trust provided an NAV total return of +11.3%. The Trust says that the return for its benchmark, the FTSE All-Share Index, was +16.7%, reflecting a good period for UK investors. The share price rose from 602.5p to […]
-
03 Aug 2016 2 min read
JPMorgan Claverhouse laments Brexit impact on portfolio
The chairman of JPMorgan Claverhouse says its performance in the first half of the year has been disappointing after several years of very good returns. The net asset value total return of -2.0% for the six months to 30th June 2016, compared with the return from the benchmark, the FTSE All-Share Index, of +4.3% over […]
-
09 Jun 2016 1 min read
JPMorgan Claverhouse agrees new fee arrangements
JPMorgan Claverhouse has announced changes to its investment management fee arrangements, which it says are intended to be more appropriate for attracting private wealth and retail investors. With effect from 1st July 2016, the investment trust’s performance fee will be terminated and the management fee will be charged at an amended annual rate of 0.60% […]
-
11 Mar 2016 2 min read
Claverhouse outperforms again and hikes dividend for 43rd year
JPMorgan Claverhouse outperformed its benchmark index, both in terms of NAV and share price over 2015. The return on net assets of the UK stock market, as measured by the Company’s benchmark, the FTSE All-Share Index, was +1.0%. The Company’s total return on net assets was significantly better at +6.0% (the fourth year in a […]
-
24 Sep 2015 1 min read
Sarah Emly takes leave of absence
Sarah Emly, co-portfolio manager for JPMorgan Claverhouse Investment Trust, JPMorgan Elect, JPMorgan Income and Capital and JPMorgan Income & Growth, will be taking a period of leave away from the office for health reasons, with immediate effect. Sarah has worked closely alongside a number of senior JPMAM portfolio managers for 20 years; those colleagues continue […]
-
07 Aug 2015 1 min read
Claverhouse beats UK market in H1
JPMorgan Claverhouse beat the FTSE All-Share Index over the first half of 2015, posting a 4.2% return on net assets as compared to a 3.0% return on the benchmark. The discount to net asset value at which the Company’s shares trade widened out from 3.4% at the end of the last financial year to 6.6% […]
-
09 Mar 2015 2 min read
JPMorgan Claverhouse appoints Board Apprentice
JPMorgan Claverhouse beat the FTSE All-Share index over 2014 by a narrow margin – delivering a total return on net assets of 2.1% vs. the Index’s 1.2%. The return to shareholders was 4% however as the fund’s discount narrowed from 3.4% to 5.4%. The total dividend for the year was upped from 19.5p to 20.0p. […]
-
06 Mar 2014 1 min read
JP Morgan Claverhouse : JCH annual results
Over the course of 2013 JP Morgan Claverhouse generated a total net asset value return of 33.8% – well ahead of the return on the FTSE All-Share Index of 20.8%. The dividend was increased by 3.4% and, for the first time in five years, is now covered by revenue – an important leap forward for […]
Upcoming Events
Videos
In The Press
-
27 Jan 2025 1 min read
How have dividend heroes fared against inflation?
by Faith Glasgow from interactive investor, 27th January 2025: When it was introduced back in 2009, the Association of Investment Companies’ (AIC) Dividend Heroes concept was a stroke of marketing genius. It highlighted the 19 investment trusts that had maintained or increased payouts to shareholders for more than 20 consecutive years, regardless of the ups […]
-
12 Jun 2023 1 min read
Bargain Hunter: sizing up ‘cheap’ investment trusts on 5%-plus yields
by Kyle Caldwell from interactive investor, 8 June 2023: For investment trust fans now is one of the best opportunities over the past decade to try and pick up a bargain, as the chart below from stockbroker Numis shows. The average equity investment trust is trading on a discount a smidge over 10%, while those […]
-
01 Jun 2023 1 min read
Investment trusts ditch their ‘inflation protection’ tag
By Val Cipriani, Investors’ Chronicle, June 1, 2023: Investment trusts are announcing below-inflation dividend increases, making it more difficult for investors to maintain the real value of their income – although some might be able to catch up in 2024 or 2025. Last week, core infrastructure trust HICL Infrastructure (HICL) said it intends to maintain […]
-
10 May 2023 1 min read
The eight income investment trust heavyweights: how sustainable are the dividends?
by Jennifer Hill from interactive investor, 10 May 2023: Eight investment trusts have half a century or more of increasing payouts to investors but deeper analysis is required to ascertain their true income prowess, reports Jennifer Hill… But dividend growth alone does not make a trust the best home for income seekers’ capital. A deeper […]
-
20 Mar 2023 1 min read
Buy and hold versus changing style: which fund approach is best?
by Jennifer Hill from interactive investor, 20 March 2023: Some fund managers stick to their knitting irrespective of the wider macroeconomic backdrop; others have more flexibility to change their strategy to respond to market conditions. But which approach is best? Are investors better sticking with funds that adopt a long-term buy and hold strategy or […]
-
27 Feb 2023 1 min read
Put your trust in dividends and you can beat those savings rates
David Brenchley, February 26 2023, The Sunday Times: With the best one-year fixed savings account now paying 4.31 per cent, riskier investments such as stocks and shares may seem less attractive than they have been for a long time. If you can get a high interest rate on your money, why take more risk in […]
-
08 Mar 2021 1 min read
Is it time to shop for a high street investment bargain?
Is it time to shop for a high street investment bargain? Lockdown rules will ease, while a tax on online sales could hit internet stores By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY PUBLISHED: 21:51, 6 March 2021 | UPDATED: 08:47, 7 March 2021 The country’s shuttered stores breathed a sigh of relief last week as the Chancellor announced an extension […]
-
23 Jul 2020 1 min read
Can investment trusts survive the UK dividend drought?
Can investment trusts survive the UK dividend drought? By Dave Baxter UK dividends have evaporated in the past few months, with no imminent recovery in sight. Link Asset Services predicts that UK dividends could fall by between 45 and 49 per cent on a headline basis in 2020 versus the previous year’s total, based on its best- and worst-case scenarios… […]
