JPMORGAN GLOBAL GROWTH & INCOME PLCORD GBP0.05

Symbol: JGGI

Streaming is not available when market closed. Some prices may be as at close of business from the previous working day.

Whilst we endeavour to price investments on a real-time streaming or 15 min delayed basis, some prices may be as at close of business from the previous working day.

Invest in this share within an ISA, JISA, SIPP or Investment Account

Past Performance

  • 24th Apr 2019 to 24th Apr 2020-1.46%
  • 24th Apr 2020 to 24th Apr 202143.33%
  • 24th Apr 2021 to 24th Apr 202211.95%
  • 24th Apr 2022 to 24th Apr 20234.83%
  • 24th Apr 2023 to 24th Apr 202423.48%

Key Information

Benchmark MSCI ACWI
Sector IT Global Equity Income
Gearing 100%
Ex-Dividend Date 7 Mar 2024
Dividend Pay Date 16 Apr 2024
Total Dividends - Year to Date18.08
Dividend Yield (%)3.2813

Net Asset Value (Nav)

Latest actual NAV 541.97
Latest actual NAV date 22/04/2024
NAV frequency Daily
Premium/Discount 1.67%

Charges

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.
1.7383%
Performance Fee 15%
AMC 0.42%
Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here .
0.35%

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

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

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 fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.7383%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

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 applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
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
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
What you might get back at with charges applied

What you might get back at with charges applied

These 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 Global Growth & Income PLC is a United Kingdom-based closed-ended investment company. The Company's investment objective is to achieve superior total returns from the world stock markets. In order to achieve the investment objective and to seek to manage risk, the Company invests in a diversified portfolio of companies. Its investment policy is to invest in a diversified portfolio of approximately 50-90 world stocks in which the investment manager has a high degree of conviction, to achieve superior total returns and outperform the Morgan Stanley Capital International (MSCI) All Countries World Index (in sterling terms) over the long-term. Its portfolio construction is driven by bottom-up stock selection rather than geographical or sector allocation. It invests in various sectors, such as technology - semi and hardware, media, technology - software, financial services, banks, retail and insurance. The Company's investment manager is JPMorgan Asset Management (UK) Limited.

Financial Summary

BRIEF: For the six months ended 31 December 2023, Jpmorgan Global Growth & Income PLC revenues increased from £25.3M to £191.1M. Net income increased from £20.7M to £181.8M. Revenues reflect Gains on investments held at fair value increase from £17M to £172.5M, Income from investments increase of 71% to £15.9M, Interest receivable and similar income increase from £906K to £3.8M. Dividend per share remained flat at £0.09.

Performance

  • Chart Options

    Select Timeframe Add a sector as a comparator Add an index as a comparator Add a share as a comparator

      Add a moving average as a comparator Add a lower indicator as a comparator Chart Style Current Comparators

      Cumulative Performance

      1 month3 months6 months1 year3 years5 years
      -1.78% 10.24% 22.20% 23.48% 44.92% 104.69%

      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

      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.

      Fund Provider Factsheet
      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. &nbsp;
      FUND PROVIDER FACTSHEET
      387,709 bytes PDF Document; last updated 29 Feb 2024
      Key Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INFORMATION DOCUMENT
      58,741 bytes PDF Document; last updated 21 Feb 2024
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      3,200,645 bytes PDF Document; last updated 30 Jun 2023
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      2,469,561 bytes PDF Document; last updated 31 Dec 2023

      Management Team

      Timothy Woodhouse Rajesh Tanna Helge Skibeli

      Timothy Woodhouse has managed this fund for 6 years and 7 months.

      Timothy Woodhouse Tim Woodhouse, executive director, is a portfolio manager in the International Equity Group , based in New York. An employee since 2008, he was previously a research analyst in the European Equity Research Team, in London, working in the TMT sector. Tim obtained a BSc (Hons) in Economics from the University of York. Tim is a CFA charterholder.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Rajesh Tanna has managed this fund for 5 years and 1 month.

      Rajesh Tanna Rajesh Tanna, managing director, is a portfolio manager within the J.P. Morgan Asset Management International Equity Group, based in London. An employee since 2011, Raj joined the Private Bank as a European Equity Strategist and was previously a long-only European equity portfolio manager with Credit Suisse. Raj holds a BA in Economics and International Studies, and a master's degree in Management Science and Operational Research, both from Warwick Business School. He is a CFA charterholder.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Helge Skibeli has managed this fund for 5 years and 1 month.

      Helge Skibeli Helge Skibeli, managing director, is a portfolio manager and the CIO for the Research Driven Process (RDP) for International Equities. An employee since 1990, Helge became head of U.S. research in March 2002, Global Head of Developed Market Equity Research in July 2015 and the CIO for RDP and US Equity Core in 2017. Prior to his current role, he was head of J.P. Morgan Investment Management (Singapore) and head of Investment for Asia Pacific ex-Japan. Before this, he was head of Pacific Rim ex-Japan research. Previously, Helge was an analyst in the Equity Research department in London where he followed the automobile and steel sectors. Prior to that, he worked in security analysis and equity sales in the Norwegian market. Helge obtained an M.A. in general business from the Norwegian School of Management and earned an M.B.A. from the University of Wisconsin. He is a CFA charterholder.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      30/06/2023

      30/06/2022

      30/06/2021

      30/06/2020

      30/06/2019

      30/06/2018

      Total Revenue 173.45 -18.77 166.44 31.61 37.96 33.05
      Gross profit 167.19 -23.56 157.13 28.30 36.37 31.91
      Operating Profit/Loss 165.94 -24.16 156.52 27.74 35.80 31.35
      Profit Before Tax 165.94 -24.16 156.52 27.74 35.80 31.35
      Profit After Tax 161.87 -25.56 155.24 26.65 34.94 30.76
      Equity Holders of Parent Company 161.87 -25.56 155.24 26.65 34.94 30.76
      Minority Interest NIL NIL NIL NIL NIL NIL


      Balance Sheet - All values are in GBP (M).

      Year Ending

      30/06/2023

      30/06/2022

      30/06/2021

      30/06/2020

      30/06/2019

      30/06/2018

      Total Non-Current Assets 1,793.91 676.78 654.69 473.19 458.29 431.00
      Total Current Assets 168.84 49.87 65.65 51.41 15.33 13.52
      Total Assets 1,962.75 726.65 720.35 524.60 473.62 444.52
      Total Liabilities 149.84 57.24 66.97 45.76 32.10 33.73
      Total Net Assets 1,812.91 669.41 653.37 478.84 441.52 410.79
      Shareholders Funds 1,812.91 669.41 653.37 478.84 441.52 410.79
      Minority Interests NIL NIL NIL NIL NIL NIL
      Total Equity 1,812.91 669.41 653.37 478.84 441.52 410.79

      Investment involves risk. You may get back less than invested.