Trustnet Magazine Issue 8 June 2015 | Page 23

INVESTMENT STRATEGY REGIONAL SECTORS NORTH AMERICA PROFILE: JP MORGAN AMERICAN IT This £827m trust is managed by US-based managers Garrett Fish (since 2003) and Eytan Shapiro (since 2005), who are supported by JP Morgan’s team of global analysts. It is top quartile over one and three years in the AIC North American sector, but – in common with many US active funds – has struggled to beat the S&P over three and five years. The trust aims to find quality companies that can be bought at a discount to their true value. More recently, it has found opportunities in