Jupiter US Smaller Companies PLC Edison reviews Jupiter US Smaller Companies (JUS)
November 29 2018 - 12:50PM
RNS Non-Regulatory
TIDMJUS
Jupiter US Smaller Companies PLC
29 November 2018
London, UK, 29 November 2018
Edison issues review on Jupiter US Smaller Companies (JUS)
Jupiter US Smaller Companies (JUS) is managed by Robert Siddles,
who aims to generate long-term capital growth, while preserving
capital in periods of stock market weakness, from a diversified
portfolio of mid- and small-cap US equities. Since October 2017,
the manager has employed a tighter investment process, increasing
JUS's portfolio concentration and enhancing the sell discipline.
This has proved effective; since then, the trust has outperformed
its US small-cap equity benchmark by more than 15pp. Relative
performance has remained robust during recent months, which have
been characterised by high levels of stock market volatility.
JUS is currently trading at an 11.0% discount to cum-income NAV,
which is wider than the 6.6% to 10.0% range of averages over the
past one, three, five and 10 years. The board actively manages the
discount by repurchasing shares, aiming for a maximum 8% discount
in normal market conditions. The significant improvement in the
trust's performance since the investment process was tightened in
October 2017 suggests there is scope for the discount to narrow. US
smaller companies is a low-yielding asset class; hence, JUS does
not pay a dividend.
Click here to view the full report.
All reports published by Edison are available to download free
of charge from its website
www.edisoninvestmentresearch.com
About Edison: 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,
advisers and stakeholders. Edison Advisors leverages our core
research platform to provide differentiated services including
investor relations and strategic consulting.
Edison is authorised and regulated by the Financial Conduct
Authority.
Edison is not an adviser or broker-dealer and does not provide
investment advice. Edison's reports are not solicitations to buy or
sell any securities.
For more information please contact Edison:
Mel Jenner, +44 (0)20 3077 5720
Sarah Godfrey, +44 (0)20 3681 2519
investmenttrusts@edisongroup.com
Learn more at www.edisongroup.com and connect with Edison
on:
LinkedIn https://www.linkedin.com/company/edison-investment-research
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NRAEAXFNALKPFFF
(END) Dow Jones Newswires
November 29, 2018 12:50 ET (17:50 GMT)
Jupiter Us Smaller Compa... (LSE:JUS)
Historical Stock Chart
From Apr 2024 to May 2024
Jupiter Us Smaller Compa... (LSE:JUS)
Historical Stock Chart
From May 2023 to May 2024