Manager firm
JPMorgan Asset Management
Manager(s)
Jon Ingram, Jules Bloch, Jack Featherby
Structure
investment_trust
AIC sector
European Smaller Companies
Domicile
United Kingdom
Base currency
GBP
Launched
1990-04-24
Latest factsheet
2026-03-31
Snapshot date
2025-08-31
Share price
640.50p
NAV / share
700.68p2026-05-07
Premium / discount
-8.59%
Fund size
£584m
OCF
0.90%
Performance fee
—
Gearing
3.90%
Dividend yield
2.30%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 1m | -12.8% | — | — |
| 3m | -3.7% | — | — |
| ytd | -3.7% | — | — |
| 1y | 21.0% | — | — |
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 3y | 13.5% | — | — |
| 5y | 6.7% | — | — |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | Storebrand | Insurance | — | 3.0% |
| 2 | Lottomatica | Consumer Services | — | 2.8% |
| 3 | Sydbank | Banks | — | 2.6% |
| 4 | Accelleron | Capital Goods | — | 2.5% |
| 5 | Glanbia | Food Beverage & Tobacco | — | 2.3% |
| 6 | Gaztransport & Technigaz | Energy | — | 2.3% |
| 7 | ISS A/S | Commercial & Professional Services | — | 2.2% |
| 8 | Nordex | Capital Goods | — | 2.2% |
| 9 | Saipem | Energy | — | 2.1% |
| 10 | Vienna Insurance | Insurance | — | 2.1% |
| France | 13.7% | |
| Germany | 12.1% | |
| Italy | 11.1% | |
| Sweden | 10.1% | |
| Norway | 9.0% | |
| Denmark | 8.2% | |
| Spain | 7.7% | |
| Austria | 6.6% | |
| Switzerland | 6.5% | |
| Others | 6.2% | |
| Ireland | 6.0% | |
| Cash | 2.8% |
| Portfolio yield | 2.69% |
| Unlisted holdings | — |
| Cash & equivalents | 4.16% |
| Total assets | £664.3m |
| Revenue reserves | £0 |
| Net gearing | 8.80% |
| 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 |
Manager firm
JPMorgan Asset Management
Manager(s)
Jon Ingram, Jules Bloch, Jack Featherby
Structure
investment_trust
AIC sector
European Smaller Companies
Domicile
United Kingdom
Base currency
GBP
Launched
1990-04-24
Latest factsheet
2026-03-31
Snapshot date
2025-08-31
Share price
640.50p
NAV / share
700.68p2026-05-07
Premium / discount
-8.59%
Fund size
£584m
OCF
0.90%
Performance fee
—
Gearing
3.90%
Dividend yield
2.30%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 1m | -12.8% | — | — |
| 3m | -3.7% | — | — |
| ytd | -3.7% | — | — |
| 1y | 21.0% | — | — |
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 3y | 13.5% | — | — |
| 5y | 6.7% | — | — |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | Storebrand | Insurance | — | 3.0% |
| 2 | Lottomatica | Consumer Services | — | 2.8% |
| 3 | Sydbank | Banks | — | 2.6% |
| 4 | Accelleron | Capital Goods | — | 2.5% |
| 5 | Glanbia | Food Beverage & Tobacco | — | 2.3% |
| 6 | Gaztransport & Technigaz | Energy | — | 2.3% |
| 7 | ISS A/S | Commercial & Professional Services | — | 2.2% |
| 8 | Nordex | Capital Goods | — | 2.2% |
| 9 | Saipem | Energy | — | 2.1% |
| 10 | Vienna Insurance | Insurance | — | 2.1% |
| France | 13.7% | |
| Germany | 12.1% | |
| Italy | 11.1% | |
| Sweden | 10.1% | |
| Norway | 9.0% | |
| Denmark | 8.2% | |
| Spain | 7.7% | |
| Austria | 6.6% | |
| Switzerland | 6.5% | |
| Others | 6.2% | |
| Ireland | 6.0% | |
| Cash | 2.8% |
| Portfolio yield | 2.69% |
| Unlisted holdings | — |
| Cash & equivalents | 4.16% |
| Total assets | £664.3m |
| Revenue reserves | £0 |
| Net gearing | 8.80% |
| 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 |
