Manager firm
JPMorgan Asset Management
Manager(s)
Jon Ingram, Jules Bloch, Jack Featherby
Structure
European Smaller Companies
AIC sector
European Smaller Companies
Domicile
United Kingdom
Base currency
GBP
Launched
1990-04-24
Latest factsheet
2026-05-31
Snapshot date
2025-08-31
Share price
604.00p
NAV / share
660.42p2026-10-20
Premium / discount
-8.54%
Fund size
£648m
OCF
0.88%
Performance fee
—
Gearing
3.70%
Dividend yield
2.00%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 1m | 6.6% | 5.8% | +0.8pp |
| 3m | 0.3% | 2.2% | -1.9pp |
| ytd | 10.7% | 9.8% | +0.9pp |
| 1y | 22.1% | 22.1% | -0.1pp |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | Storebrand | Insurance | — | 3.0% |
| 2 | Glanbia* | Food Beverage & Tobacco | — | 2.8% |
| 3 | ISS A/S* | Commercial & Professional Services | — | 2.8% |
| 4 | Lottomatica | Consumer Services | — | 2.8% |
| Capital Goods | 21.4% | |
| Commercial & Professional Services | 13.8% | |
| Others | 13.1% | |
| Materials | 6.8% | |
| Health Care Equipment & Services | 6.6% | |
| Banks | 6.5% | |
| Software & Services |
| Portfolio yield | 2.69% |
| Unlisted holdings | — |
| Cash & equivalents | 4.16% |
| Total assets | £664.3m |
| Revenue reserves | £0 |
| Net gearing | 8.80% |
Manager firm
JPMorgan Asset Management
Manager(s)
Jon Ingram, Jules Bloch, Jack Featherby
Structure
European Smaller Companies
AIC sector
European Smaller Companies
Domicile
United Kingdom
Base currency
GBP
Launched
1990-04-24
Latest factsheet
2026-05-31
Snapshot date
2025-08-31
Share price
604.00p
NAV / share
660.42p2026-10-20
Premium / discount
-8.54%
Fund size
£648m
OCF
0.88%
Performance fee
—
Gearing
3.70%
Dividend yield
2.00%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 1m | 6.6% | 5.8% | +0.8pp |
| 3m | 0.3% | 2.2% | -1.9pp |
| ytd | 10.7% | 9.8% | +0.9pp |
| 1y | 22.1% | 22.1% | -0.1pp |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | Storebrand | Insurance | — | 3.0% |
| 2 | Glanbia* | Food Beverage & Tobacco | — | 2.8% |
| 3 | ISS A/S* | Commercial & Professional Services | — | 2.8% |
| 4 | Lottomatica | Consumer Services | — | 2.8% |
| Capital Goods | 21.4% | |
| Commercial & Professional Services | 13.8% | |
| Others | 13.1% | |
| Materials | 6.8% | |
| Health Care Equipment & Services | 6.6% | |
| Banks | 6.5% | |
| Software & Services |
| Portfolio yield | 2.69% |
| Unlisted holdings | — |
| Cash & equivalents | 4.16% |
| Total assets | £664.3m |
| Revenue reserves | £0 |
| Net gearing | 8.80% |
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 3y | 21.6% | 18.2% | +3.4pp |
| 5y | 8.3% | 6.5% | +1.8pp |
| 10y | 11.2% | 10.4% | +0.8pp |
| 5 | Sydbank* | Banks | — | 2.5% |
| 6 | Heijmans | Capital Goods | — | 2.3% |
| 7 | Attendo | Health Care Equipment & Services | — | 2.3% |
| 8 | SPIE* | Commercial & Professional Services | — | 2.3% |
| 9 | Elis* | Commercial & Professional Services | — | 2.2% |
| 10 | Accelleron | Capital Goods | — | 2.2% |
| 5.9% |
| Cash | 5.5% |
| Energy | 5.5% |
| Insurance | 5.0% |
| Consumer Durables & Apparel | 5.0% |
| Consumer Services | 4.9% |
| France | 12.7% | |
| Sweden | 11.1% | |
| Germany | 10.7% | |
| Italy | 10.7% | |
| Norway | 8.4% | |
| Austria | 7.9% | |
| Denmark | 7.3% | |
| Spain | 7.1% | |
| Ireland | 6.8% | |
| Switzerland | 6.1% | |
| Others | 5.7% | |
| Cash | 5.5% |
| Gross gearing | 13.60% |
| Net cash | £0 |
| Gearing range (from) | 0.00% |
| Gearing range (to) | 20.00% |
| Shares in issue | 94,853,927 |
| Shares issued | 0 |
| Shares purchased | 278,642 |
| Treasury shares | 41,460,976 |
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 3y | 21.6% | 18.2% | +3.4pp |
| 5y | 8.3% | 6.5% | +1.8pp |
| 10y | 11.2% | 10.4% | +0.8pp |
| 5 | Sydbank* | Banks | — | 2.5% |
| 6 | Heijmans | Capital Goods | — | 2.3% |
| 7 | Attendo | Health Care Equipment & Services | — | 2.3% |
| 8 | SPIE* | Commercial & Professional Services | — | 2.3% |
| 9 | Elis* | Commercial & Professional Services | — | 2.2% |
| 10 | Accelleron | Capital Goods | — | 2.2% |
| 5.9% |
| Cash | 5.5% |
| Energy | 5.5% |
| Insurance | 5.0% |
| Consumer Durables & Apparel | 5.0% |
| Consumer Services | 4.9% |
| France | 12.7% | |
| Sweden | 11.1% | |
| Germany | 10.7% | |
| Italy | 10.7% | |
| Norway | 8.4% | |
| Austria | 7.9% | |
| Denmark | 7.3% | |
| Spain | 7.1% | |
| Ireland | 6.8% | |
| Switzerland | 6.1% | |
| Others | 5.7% | |
| Cash | 5.5% |
| Gross gearing | 13.60% |
| Net cash | £0 |
| Gearing range (from) | 0.00% |
| Gearing range (to) | 20.00% |
| Shares in issue | 94,853,927 |
| Shares issued | 0 |
| Shares purchased | 278,642 |
| Treasury shares | 41,460,976 |
