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Associated equity: JPMorgan Global Growth & Income
JPMorgan Global Growth & Income (JPGI, formerly JPMorgan Overseas IT) aims to achieve capital growth from world stock markets, by holding a diversified portfolio of investments in which the portfolio manager has a high degree of conviction. Following a change in its distribution policy in July 2016, it also aims to pay a dividend equivalent to at least 4% of NAV at the preceding year-end, announced at the start of the year to give visibility of income.
JPMorgan Global Growth & Income — 2 videos in collection
Launched in 1887, JPMorgan Global Growth & Income (LSE: JPGI) has undergone a period of change in the past 18 months, changing its name from JPMorgan Overseas and introducing a high distribution policy under which it pays out 4% of year-end NAV in equal quarterly instalments. However, its research-based, value-orientated investment process, seeking capital growth from a portfolio of global equities, remains unchanged. In this video, portfolio manager Jeroen Huysinga explains where he is currently finding value, why he sees particular opportunities in Europe, and how exposure to high-growth emerging markets can be achieved by investing in undervalued developed-market stocks, as well as explaining how JPGI’s new distribution policy has helped the trust substantially narrow its discount to NAV.
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