Trustnet Magazine 87 September 2022 | Page 47

Performance of trust vs sector and index over 10yrs
Trust
FACT BOX
MANAGERS : Timothy Woodhouse , Helge Skibeli & Rajesh Tanna / LAUNCHED : 21 / 04 / 1887 / DISCOUNT / PREMIUM : -2.3 % / OCF : 0.53 %
CROWN RATING
investments . Conversely , they viewed growth valuations as expensive in November 2020 and rotated into value names following the announcement of vaccine developments .” JPMorgan Global Growth & Income recently merged with the Scottish Investment Trust , in a move that met the approval of commentators .
“ We have long been advocates of consolidation within the sector and view the merger as a positive ,” said the analysts at Numis . “ Shareholders also benefit from lower costs . We think that JPMorgan is a ‘ safe pair of hands ’, being an established manager in the sector , and it has the resources to promote the fund .”

Performance of trust vs sector and index over 10yrs

JPMorgan Global Growth & Income ( 286.9 %)
IT Global Equity Income ( 175.7 %)
MSCI ACWI ( 214.5 %)
350 %
300 %
250 %
200 %
150 %
100 %
50 %
0 %
-50 %
Sep12
Sep13
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Source : FE Analytics
Issue 87 - September 2022 / 47 /