Report

Review: A more focused approach to small-cap Europe

JPMorgan European Smaller Companies Trust (JESC) is a long-established European small- and mid-cap specialist with a stable management team. It aims to achieve capital growth by picking the winners from a broad but under-researched universe of c 1,000 stocks. Sector and country weights are mainly a result of stock selection but there is currently an overweight to technology and France compared with the index. Long-term performance has been impressive (+1,227% over 20 years), although a recent sell-off in European small caps has seen the trust’s shares move to a wider discount than the average over one, three, five and 10 years.
Underlying
JPMorgan Euro Small Co. Trust

JPMorgan European Smaller Companies Trust is an investment trust company and invests primarily in european equities. Co.'s operations are located in the U.K. As of Mar 31 2017, Co.'s investment portfolio totaled £653.6 million.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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