• ISIN:
  • Type:Equity
  • Region:UK
  • Sector:-
  • Size:-
  • Fund launch date:26/06/1990
  • Fund range:Investment Trust
  • Objective:
    Aims to provide capital growth from investing in UK smaller companies by outperformance of the FTSE Small Cap Index. The company will predominantly invest in quoted UK small companies from the FTSE Small Cap Index, although where appropriate, it may invest in similar sized UK companies listed on the Alternative Investment Market which is the London Stock Exchange market for smaller, growing companies. The company has the ability to use borrowing to gear the portfolio within the range of 10% net cash to 15% geared in normal market conditions.


Cumulative performance of an original investment of £100.

  • 1 yr
  • 3 yr
  • 5 yr
  • 10 yr

Source: J.P. Morgan Asset Management.
Past performance is not a guide to the future.
Performance data has been calculated including tax, ongoing charges and portfolio transaction costs and excluding entry and exit charges, with any income reinvested, in GBP.
Source: J.P. Morgan Asset Management.
Past performance is not a guide to the future.
Total return, net of charges and any applicable fees using capital only Net Asset Values (NAVs) with net dividend (if any) reinvested, in sterling. For detail see the Trust’s latest Report & Accounts.
Source: J.P. Morgan Asset Management.
Past performance is not a guide to the future.


Invest from:

  • Lump sum: £500
  • Monthly: £50

Fund charges:

  • Initial charge: 0.00%
  • Ongoing charge: -
  • Exit charge: 0.00%
  • Brokerage: £10.00 

Fund charges explained
WealthManager+ charges
Classic Account minimums and charges

Direct OEIC investment (i.e. not within an ISA or SIPP) is subject to minimums and charges set out in the fund’s Prospectus. For further information about investment trust charges, please see the Investment Trust Profiles.


Investment horizon:

Not available

What does this mean?

The SRRI (Synthetic Risk and Reward Indicator) is a measure of the overall risk and reward profile of a fund. Funds are categorised on a scale from 1 to 7, with 1 being lowest risk and 7 being highest risk. Typically, the SRRI is derived from the volatility of past returns over a 5-year period.

More on risk

Independent ratings

By Morningstar:

as at

Morningstar Inc. is a provider of independent investment research and ratings.

Why invest in this fund?

  • JPMorgan Smaller Companies Investment Trust plc gives investors access to the fast growing, innovative smaller companies that help drive the UK domestic economy. The trust is managed by a team dedicated to finding the most attractive high quality UK-listed smaller companies.

Points to consider

  • The investment objective of a trust may allow some flexibility in terms in portfolio composition.
  • Investments in smaller companies may involve a higher degree of risk as these are usually more sensitive to price movements.
  • Shares in smaller companies and emerging markets are generally traded less frequently than those in larger companies and established markets. This means that there may be difficulty in both buying and selling shares and individual share prices may be subject to short-term price fluctuations.
  • 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.
  • Where permitted, a trust may invest in other investment trusts that utilise gearing (borrowing) which will exaggerate market movements both up and down.
  • The Company may borrow to finance further investment (gearing). The use of gearing is likely to lead to volatility in the Net Asset Value (NAV) meaning that a relatively small movement, down or up, in the value of the Company’s assets will result in a magnified movement, in the same direction, of that NAV.

How to invest online

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The Morningstar-sourced information is provided to you by J.P. Morgan Asset Management Marketing Ltd. and is at your own risk. You agree that Morningstar and J.P. Morgan Asset Management Marketing Ltd. are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. J.P. Morgan Asset Management informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.