Jupiter UK Growth Inv Trust PLC Edison review: Jupiter UK Growth Investment Trust
October 13 2017 - 9:32AM
RNS Non-Regulatory
TIDMJUKG
Jupiter UK Growth Inv Trust PLC
13 October 2017
London, UK, 13 October 2017
Edison issues review on Jupiter UK Growth Investment Trust
(JUKG)
Jupiter UK Growth Investment Trust (JUKG) aims to deliver
long-term capital growth from investing predominantly in UK
equities. Its approach is bottom-up, long-term and contrarian, with
relatively few constraints against the benchmark. The result is a
concentrated portfolio of c 35 high-conviction stocks that is
significantly different from the index. JUKG is notably overweight
UK domestically-focused companies and holds no stocks in the oil
& gas and utilities sectors. JUKG's manager believes there are
many mispriced opportunities in the current uncertain macro
environment, which is well-suited to his contrarian style.
JUKG trades at a narrow 2.9% discount to cum-income NAV and
consistently trades close to its NAV due to a nil-discount
management policy, which has been in effect since 2014. The trust
has an above peer group average dividend yield, currently 2.1%.
Click here to view the full report.
All reports published by Edison are available to download free
of charge from its website
www.edisoninvestmentresearch.com
About Edison: Edison is an investment research and advisory
company, with offices in North America, Europe, the Middle East and
AsiaPac. The heart of Edison is our world-renowned equity research
platform and deep multi-sector expertise. At Edison Investment
Research, our research is widely read by international investors,
advisers and stakeholders. Edison Advisors leverages our core
research platform to provide differentiated services including
investor relations and strategic consulting.
Edison is authorised and regulated by the Financial Conduct
Authority.
Edison is not an adviser or broker-dealer and does not provide
investment advice. Edison's reports are not solicitations to buy or
sell any securities.
For more information please contact Edison:
Helena Coles, +44 (0)20 3077 5700
Mel Jenner, +44 (0)20 3077 5720
investmenttrusts@edisongroup.com
Learn more at www.edisongroup.com and connect with Edison
on:
LinkedIn https://www.linkedin.com/company/edison-investment-research
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAEALEDFAXXFFF
(END) Dow Jones Newswires
October 13, 2017 10:32 ET (14:32 GMT)
Jupiter Glb (LSE:JPG)
Historical Stock Chart
From Nov 2024 to Dec 2024
Jupiter Glb (LSE:JPG)
Historical Stock Chart
From Dec 2023 to Dec 2024