JPMorgan European Growth and Income is a trust that formerly used to have two share classes – Growth and Income – each relating to a separate pool of assets. Investors were able to switch between the two share classes without triggering a charge for capital gains. On 3 February 2022, shareholders approved the merger of the two investment pools to form a single pool of assets.
JPMorgan European Growth and Income aims to provide capital growth and a rising share price over the longer term from Continental European investments by taking carefully controlled risks through an investment method that is clearly communicated to shareholders. Currency exposure is predominantly hedged back towards the benchmark. The company has the ability to use borrowing to gear the portfolio within the range of 10% net cash to 20% geared in normal market conditions.
You can access the company’s website here