JPMorgan European Discovery Trust plc (LON:JEDT) has announced the ten largest investments in % of total assets as at 31 July 2021.
Alten | 3.2% |
Bravida | 2.7% |
Eckert & Ziegler | 2.5% |
D’Ieteren | 2.5% |
Reply S.p.A. | 2.4% |
Nexans | 2.4% |
Vitrolife | 2.2% |
IMCD | 2.1% |
Siegfried | 2.1% |
SIG | 2.0% |
Total | 24.1% |
JPMorgan European Discovery Trust aims to provide capital growth from a diversified portfolio of smaller European companies (excluding the United Kingdom). As the emphasis is on capital growth rather than income, shareholders should expect the dividend to vary from year to year. The investment trust JEDT has the ability to use borrowing to gear the portfolio within the range of 20% net cash to 20% geared, in normal market conditions.