JPMorgan Global Growth & Income plc - Ordinary Shares - J.P. Morgan Asset Management
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JPMorgan Global Growth & Income plc
(GB00BYMKY695)
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JPMORGAN GLOBAL GROWTH & INCOME PLC

A distinctive strategy for today's markets

The JPMorgan Global Growth & Income plc seeks to provide strong long-term growth through a tried and tested global investment process that seeks out best in class companies that the manager believes offer good value and provide long-term prospects for growth.

This also enables the trust to offer regular predictable income distributions of at least 4% which are set each year in advance.

For 2016/17 this figure has been set at 4%

  

Monthly Factsheet   Other trust documents  
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About this trust

Risks

Performance

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Fees

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Portfolio

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Manager Commentary

Fund Managers

Board of Directors

  • Nigel Wightman

  • Jonathan Carey

  • Gay Collins

  • Tristan Hillgarth

In their words (as of )

The Company's net asset value outperformed the benchmark in March, while the share price underperformed. Stock selection drove returns at the sector level, with cyclically-sensitive sectors outperforming defensives. Banks contributed the most, with BBVA, Intesa and Bankia delivering positive returns. With an increasingly sanguine economic backdrop in Europe, financial holdings proved the key beneficiaries of renewed positive sentiment. Outside of banks, Lowe's Companies, the US home improvement retailer, was a strong performer. With rising home prices and low unemployment in the US, home owners are feeling confident about engaging in larger projects. At the sector level, consumer non-durables, property and media detracted from performance. Kroger, the US grocery retailer, was among the leading detractors, as the stock was hit by waning store traffic and an aggressive promotional environment, as well as the fact that food price inflation is yet to materialise. At the regional level, North America and the UK proved the leading positive contributors, while Asia Pacific and emerging markets detracted.

Documents

Research

This Investment Trust has been reviewed by a third party agency. Contents of the external links have been prepared by third parties and do not necessarily represent the views of J.P. Morgan Asset Management. These third parties may receive a fee by the Board of Directors of this Investment Trust. J.P. Morgan Asset Management does not endorse or attest to completeness and accuracy of these contents. Reliance upon these contents is at the sole discretion of the reader.

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Find out more

For contact details and more information on our trust range use the following links:

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AGM information

Annual General Meeting: 25 October 2017 2.30pm, location TBC

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Disclaimer

Benchmark Source: MSCI. Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express of implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI's express written consent.
Source:Morningstar (www.morningstar.co.uk)
3 Gearing represents the excess amount above shareholders' funds of total investments (excluding liquidity fund holdings) expressed as a percentage of the shareholders' funds. If the amount calculated is negative, this is known as a "net cash" position.
7 Non-Benchmark holdings (where held) are classified in the appropriate sector/region. Cash is net current assets and holdings used as cash substitutes if applicable.