JPMorgan American Investment Trust plc

ISIN: GB00BKZGVH64 Bloomberg ticker:JAM LN

Managed by our locally based team of investment experts, the JPMorgan American Investment Trust plc is a large, actively managed investment trust which aims to find high quality stocks in the core US market.

  • Share price -p
  • NAV* -p
  • Premium*-
For information on charges relating to this trust please check Trust factsheet.
Source: J.P. Morgan Asset Management. Share Price updates every
15 minutes, current update as - on - .
* All other figures shown are as at close of business on 29/08/2016 using the cum income NAV per share with debt at fair value.

About this trust

  • Investment objective

    • Aims to achieve capital growth from North American investments by outperformance of the S&P 500 index. The company will predominantly invest in quoted companies including, when appropriate, exposure to smaller capitalisation companies, and emphasise capital growth rather than income. The company has the ability to use borrowing to gear the portfolio within the range of 5% net cash to 20% geared in normal market conditions.

  • Fund facts

    • Total fund size: £984,969,445
    •  (as at 31/07/2016)
    • Benchmark: S&P 500 Index (£)
    • Investment style: Growth
    • Sector: US
  • Risk warnings

    The value of investments and the income from them can go down and up, and you may not get back as much as you paid in. Past performance is not a guide to the future.

    For further risks associated with this trust please refer to the 'Key risks' section below.

Performance

Cumulative performance of an original investment of £100.

  • 1 yr
  • 3 yr
  • 5 yr
 
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You should remember that past performance is not a guide to the future.
Source: J.P. Morgan Asset Management. Total return, net of charges and any applicable fees using cum income Net Asset Values (NAVs) debt at par with net dividend (if any) reinvested, in sterling. For detail see the Trust’s latest Report & Accounts.

Fund Managers

  • Garrett T. Fish

    Garrett Fish is a portfolio manager in the U.S. Equity Group. An employee who worked with Jardine Fleming from 1994 to 1997 and joined the current organization in 2002, Garrett is the portfolio manager of the Luxembourg-domiciled JPM America Large Cap Fund and the UK-based JPM American Investment Trust. From 1997 through 2001, he was with Merrill Lynch Investment Managers in London as a U.S. equity fund manager. Garrett has also worked with Aetna Capital Management, where he served as an account manager. Garrett holds a B.A. in Japanese history from Bates College and is also a CFA charterholder.

  • Fund Manager - Eytan Shapiro
    Eytan Shapiro

    Eytan M. Shapiro is a portfolio manager in the U.S. Equity Group. An employee since 1985, he is responsible for managing the U.S. small cap growth strategy, which includes the JPMorgan Small Cap Growth Fund, JPMorgan Dynamic Small Cap Growth Fund, and the JPM US Small Cap Growth Fund. Prior to joining the small cap team in 1992, Eytan worked as a portfolio manager in the firm's Hong Kong office. He had previously been an investment analyst at Philips & Drew in London. Eytan holds a B.Sc. in economics from City University, London, an M.Phil. in economics from Oxford University, and is NASD Series 66 licensed. He is a member of both the New York Society of Security Analysts and The CFA Institute, and a CFA charterholder.

Important information

Key attributes
  • Broadly-diversified strategy with separate portfolios dedicated to large and smaller companies exposure.
  • Actively-managed gearing to enhance shareholder returns.
  • Strong focus on fundamental research to select the most compelling investment ideas for inclusion in the portfolio.
Essential information

Shares and debentures (if any) in an investment trust are not subject to the Financial Conduct Authority's (FCA) restrictions for marketing Non-mainstream Pooled Investment products, therefore investment trust products can be marketed to retail investors directly or via Independent Financial Advisers.

Charges

For information on charges relating to this trust please check the Trust factsheet.

Key risks
  • Exchange rate changes may cause the value of underlying overseas investments to go down as well as up.
  • External factors may cause an entire asset class to decline in value. Prices and values of all shares or all bonds could decline at the same time.
  • This trust may utlilise gearing (borrowing) which will exaggerate market movements both up and down.
  • This trust may also invest in smaller companies which may increase its risk profile.
Awards

Investment Company of the Year Awards 2014 American IT Award Rated Logo IT Trust Awards

Annual general meeting

Date: 11th May 2016
Time: 2:30 pm
Location: 60 Victoria Embankment, London EC4 OJP.

AGM Presentation - 11 May 2016

Proxy Voting as at:

11 May 2016 - AGM

13 May 2015 - AGM

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