- JPMorgan European Discovery Trust plc (LON:JEDT) offers investors diversified access to this world-beating market and potential investors may like its recent, more balanced investment approach, and fresh focus on micro-cap companies, which is intended to fully utilise the new managers’ stock selection skills.
- The European small-cap sector’s long-term track record of outperformance versus most other major markets should prove a major drawcard for investors, especially as valuations are low in absolute and relative terms, and a look at previous investment cycles suggests a rebound is due soon.
- JPMorgan Asset Management’s very significant fundamental research resources, combined with the use of state-of-the-art, AI-driven quantitative tools, arguably provide JEDT with a competitive edge over its peers.
- JEDT’s shares are currently trading at a discount to NAV of around 9%, and there is scope for this discount to narrow if performance remains good and/or investor sentiment towards the sector continues to improve.
JPMorgan European Discovery Trust 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.
