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 % |
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300 % |
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250 % |
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200 % |
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150 % |
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100 % |
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50 % |
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0 % |
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-50 % |
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Sep12 |
Sep13 |
Sep14 |
Sep15 |
Sep16 |
Sep17 |
Sep18 |
Sep19 |
Sep20 |
Sep21 |
Source : FE Analytics
Issue 87 - September 2022 / 47 /