European small-cap investing attractive as shares rebound in November (LON:JEDT)

JPMorgan European Discovery Trust plc

JPMorgan European Discovery Trust plc (LON:JEDT) shares are up over 6% at 379 GBp since 1 November 2023. This reflects a wider European stocks rebound from the 10-month low at the end of October 2023, according to Bloomberg News.

The fund has announced their ten largest investments in % of total assets as at 31 October 2023:

SPIE2.6%
Vopak2.4%
SEB2.4%
Sanlorenzo2.4%
BPER banca2.3%
Banco Sabadell2.2%
AAK2.1%
TechnoGYM2.0%
SCOR2.0%
CTS EVENTIM2.0%
Total22.3%
Excludes Investments in Liquidity stocks

JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.

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JPMorgan European Discovery Trust November Factsheet 2025

As at 30 November 2025, the Trust reported net assets of £651.5 million, positive longer term performance against its benchmark, and a diversified portfolio positioned to benefit from recovery and growth across European smaller companies.

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JPMorgan European Discovery Trust reported a NAV total return of 20.7% for the six months to 30 September 2025, ahead of its benchmark’s 15.4% gain.

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