JPMORGAN AMERICAN INVESTMENT TRUST ORD GBP0.05
Symbol: JAM
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 25th Apr 2020 to 25th Apr 202155.15%
- 25th Apr 2021 to 25th Apr 202219.18%
- 25th Apr 2022 to 25th Apr 2023-4.85%
- 25th Apr 2023 to 25th Apr 202437.16%
- 25th Apr 2024 to 25th Apr 2025-4.74%
Key Information
| Benchmark | S&P 500 |
| Sector | IT North America |
| Gearing | 105% |
| Ex-Dividend Date | 17 Apr 2025 |
| Dividend Pay Date | 30 May 2025 |
| Total Dividends - Year to Date | 11 |
| Dividend Yield (%) | 1.197 |
Net Asset Value (Nav)
| Latest actual NAV | 920.27 |
| Latest actual NAV date | 22/04/2025 |
| NAV frequency | Daily |
| Premium/Discount | -0.68% |
Charges
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Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
0.38% |
| Performance Fee | 10% |
| AMC | 0.28% |
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Our Platform Charge
We charge a platform fee of 0.30% per annum on the value of all stocks & shares held across all accounts, minimum £50 and maximum £600 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.30% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
0.38% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
JPMorgan American Investment Trust plc is a United Kingdom-based closed-ended investment company. The Company's investment objective is to achieve capital growth from North American investments by outperformance of the Company’s benchmark. It aims to outperform a benchmark, which is the S&P 500 Index, with net dividends reinvested, expressed in sterling terms. The Company predominantly invests in quoted companies including, when appropriate, exposure to smaller capitalization companies, and emphasize capital growth rather than income. The Company's gearing policy is to operate within a range of 5% net cash to 20% geared in normal market conditions. It invests in sectors, including information technology, financials, consumer discretionary, health care, industrials, real estate, communication services, energy, materials, consumer staples and utilities. The Company's alternative investment fund manager is JPMorgan Funds Limited (JPMF).
Financial Summary
BRIEF: For the six months ended 30 June 2024, JPMorgan American Investment Trust PLC revenues increased 54% to £301.9M. Net income increased 55% to £296.3M. Revenues reflect Net Loss - Fin Instruments Fair Value increase of 61% to £290.7M, Income from investments increase of 43% to £11.3M, Interest receivable increase of 12% to £750K. Dividend per share remained flat at £0.03.
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| -7.67% | -21.97% | -9.58% | -4.74% | 24.32% | 129.87% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
391,995 bytes PDF Document; last updated 28 Feb 2025
65,432 bytes PDF Document; last updated 31 Oct 2024
9,626,284 bytes PDF Document; last updated 31 Dec 2024
3,990,888 bytes PDF Document; last updated 30 Jun 2024
Management Team
Jonathan Simon Timothy Parton
Jonathan Simon
has managed this fund for 5 years and 10 months.
Jonathan K.L. Simon, managing director, is a portfolio manager in the U.S. Equity Group. An employee since 1980, Jonathan is the lead portfolio manager of the JPMorgan Mid Cap Value Fund, the JPMorgan Value Advantage Fund, and the JPMorgan Equity Focus Fund. Jonathan joined the firm as an analyst in the London office, transferred to New York in 1983 and became a portfolio manager in 1987. Jonathan has held numerous key positions in the firm, including president of Robert Fleming's U.S. asset management operations and chief investment officer of U.S. Value Equity. Jonathan holds an M.A. in mathematics from Oxford University.
Manager Cumulative Performance v Peer Group
Timothy Parton
has managed this fund for 5 years and 10 months.
Timothy Parton, managing director, is a portfolio manager within the U.S. Equity Group. An employee since 1986, Tim has managed a variety of Small and Mid-Cap portfolios over his tenure. Tim has been managing the J.P. Morgan Mid Cap Growth Strategy since November 2001 and the J.P. Morgan Growth Advantage Strategy since its inception in September 2005. In addition, Tim is a co-portfolio manager on the J.P. Morgan Equity Focus Strategy. Tim holds a B.Sc. in Economics and Accounting from the University of Bristol in England. He is a member of both the New York Society of Security Analysts and The CFA Institute, and a CFA charterholder.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
31/12/2024 |
31/12/2023 |
31/12/2022 |
31/12/2021 |
31/12/2020 |
31/12/2019 |
|---|---|---|---|---|---|---|
| Total Revenue | 483.65 | 329.10 | -131.94 | 337.70 | 229.31 | 198.72 |
| Gross profit | 475.98 | 321.80 | -139.39 | 333.05 | 225.34 | 197.30 |
| Operating Profit/Loss | 474.84 | 320.65 | -140.32 | 330.97 | 223.61 | 196.61 |
| Profit Before Tax | 474.84 | 320.65 | -140.32 | 330.97 | 223.61 | 196.61 |
| Profit After Tax | 471.82 | 318.32 | -143.59 | 328.58 | 221.14 | 193.75 |
| Equity Holders of Parent Company | 471.82 | 318.32 | -143.59 | 328.58 | 221.14 | 193.75 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
31/12/2024 |
31/12/2023 |
31/12/2022 |
31/12/2021 |
31/12/2020 |
31/12/2019 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 2,042.76 | 1,608.26 | 1,381.11 | 1,568.74 | 1,268.28 | 1,086.58 |
| Total Current Assets | 25.64 | 35.00 | 35.82 | 29.06 | 43.84 | 9.19 |
| Total Assets | 2,068.39 | 1,643.26 | 1,416.93 | 1,597.80 | 1,312.13 | 1,095.77 |
| Total Liabilities | 80.55 | 79.26 | 112.85 | 101.68 | 100.60 | 38.98 |
| Total Net Assets | 1,987.85 | 1,564.00 | 1,304.08 | 1,496.12 | 1,211.52 | 1,056.80 |
| Shareholders Funds | 1,987.85 | 1,564.00 | 1,304.08 | 1,496.12 | 1,211.52 | 1,056.80 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 1,987.85 | 1,564.00 | 1,304.08 | 1,496.12 | 1,211.52 | 1,056.80 |