Overview
JPMorgan European Income : JETI – JPMorgan European has two share classes – Growth and Income – each relating to a separate pool of assets. Investors can switch between the two share classes without triggering a charge for capital gains (NB while this works at the moment please bear in mind that HMRC can change their minds).
JPMorgan European Income aims to provide a growing income together with the potential for long-term capital growth from a diversified portfolio of investments in Continental European stock markets. The company says that companies paying high dividends tend to consistently outperform low yielding companies and JPMorgan European Income aims to provide investors with the opportunity to gain exposure to this persistent style anomaly. They also say that the Trust’s disciplined bottom-up investment process ensures that investors are given pure exposure to the best high yielding companies.
You can access the company’s website here
Research History
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07 Jul 2020 8 min read
QuotedData’s Economic Roundup – July 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 […]
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24 Jan 2020 20 min read
QuotedData’s Investment Companies Annual Review – 2019
In this issue The sector at the end of 2019 Performance data Performance by sector and fund Money in and out of the sector Money in and out of existing funds Money coming into existing funds Money going out of existing funds Liquidations, de-listings and trading cancellations Significant rating changes Major news stories Outlook for […]
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05 Jul 2019 6 min read
QuotedData’s economic roundup – July 2019
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 or sell any of the […]
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19 Dec 2018 1 min read
QuotedData’s economic roundup – December 2018
QuotedData’s economic roundup – December 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 any […]
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27 Apr 2015 1 min read
The importance of income – where to find it?
Life used to be simpler. If you had a bit of spare cash or you wanted to save up for something you’d just stick some money in a bank or building society account. If you had a nest egg and wanted to invest it in something safe and live off the income, you’d maybe buy […]
News
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25 Jan 2022 1 min read
QuotedData’s morning briefing 25 January 2022
In QuotedData’s morning briefing 25 January 2022: JPMorgan European has secured permission from investors to merge the growth (JETG) and income (JETI) share pools. The unification will create a single class of ordinary shares, which will each have an NAV of 100p as determined at 5:00 p.m. on 31 January 2022. The resulting number of […]
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25 Nov 2021 4 min read
QuotedData’s morning briefing 25 November 2021
In QuotedData’s morning briefing on 25 November 2021: Seraphim Space (SSIT) has made a new $12.5m investment into Astroscale Holdings, the market leader in satellite servicing and long-term orbital sustainability across all orbits. Astroscale closed a $109m series F round which was led by THE FUND Limited Partnership in Japan and backed by a group […]
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22 Oct 2021 3 min read
QD view – busy boards
I have long thought that one of the great strengths of the investment companies sector is the boards of independent directors working on investors’ behalf to keep managers and other service providers in check, keep a lid on overheads and ensuring that shareholders are treated fairly. While not every investment company is a shining example […]
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20 Oct 2021 2 min read
JPMorgan European shake up planned
JPMorgan European shake up planned – The board of JPMorgan European Investment Trust has concluded its review of the company and its strategy. This included considering various options to improve marketability and to broaden the appeal of the company as well as to improve liquidity and to narrow the discount. The board believes there remains a […]
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04 Jun 2021 4 min read
JPMorgan European dips into revenue reserves during tough year
JPMorgan European dips into revenue reserves during tough year – JPMorgan European has published results for the year ended 31 March 2021. The total return for the year for growth shares was 53.9%, outperforming its MSCI Europe ex UK benchmark return of 33.5%. The NAV total return for growth shares was 40.9%, which the board attributed […]
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08 Dec 2020 2 min read
QuotedData’s morning briefing 8 December 2020
In QuotedData’s morning briefing 8 December 2020 – Syncona’s Autolius reported positive results in its ALLCAR Phase 1 study, where it is using AUTO1 to treat Adult Acute Lymphoblastic Leukemia. COVID has delayed phase 2 – it says that “…enrolment projections have had to be adjusted. We now expect to enroll patients throughout 2021 with a […]
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19 Oct 2020 1 min read
Stephen Macklow-Smith retiring
Stephen Macklow-Smith retiring – The board of JPMorgan European Investment Trust has been informed by J.P. Morgan Asset Management that after 23 years with JPMorgan, all of which spent as the portfolio manager of the company, Stephen Macklow-Smith has decided to retire from asset management. He will leave J. P. Morgan Asset Management on 31st December 2020. […]
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15 Jun 2020 3 min read
Value bias weighs on JPMorgan European
Value bias weighs on JPMorgan European – For the year ended 31 March 2020, JPMorgan European Investment Trust returned -14.6% on its growth shares and -25.7% on its income shares, both in NAV terms. The actual returns to shareholders were -16.3% and -27.5%, respectively. These compare to a return of -8.3% on the MSCI Europe ex UK […]
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10 Jun 2019 1 min read
QuotedData’s other news 10 June 2019
In QuotedData’s other news 10 June 2019: JPMorgan European announced results for the year ended 31 March 2019 on Friday. The returns on the Growth (JETG) and Income (JETI) NAV were -2.3% and +1.4% respectively and, as discounts widened, shareholders saw returns of -7.9% and -4.9% respectively. The MSCI Europe ex UK index returned +2.2%. The dividend […]
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07 Feb 2017 1 min read
All trust sectors bar one made money in ’16
UK Smaller Companies was the only investment sector to lose money in 2016 despite a turbulent political and economic landscape, new research has revealed. See more here
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25 Nov 2016 1 min read
Tom Buckingham makes it four investment managers for JPMorgan European
In the six months to 30th September 2016 JPMorgan European’s Growth portfolio has seen its NAV rise by 12.9% on a total return basis, against a benchmark (MSCI Europe ex UK Index) which rose by 13.2%. For the Income portfolio, the NAV rose by 13.0% on a total return basis. The increases in the Company’s […]
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09 Jun 2015 2 min read
JPMorgan European benefits from strong stock selection
JPMorgan European has announced results for the year ended 31 March 2015. The report says that both the growth and income pool outperformed their benchmark (MSCI Europe ex UK) over the year with the Growth shares producing a total return of +14.5% and the Income shares a total return of +15.4%, compared with 7.0% for the […]
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28 Nov 2014 2 min read
Mixed fortunes for the two JPMorgan European pools
JETG / JETI : Mixed fortunes for the two JPMorgan European pools JPMorgan European Investment trust interim results announcement covering the six months that finished on 30 September 2014 has been published. For the growth portfolio (JETG) there was a negative return on net assets of 4.5% – an underperformance of its benchmark, the MSCI Europe ex […]