JPMorgan European Discovery Trust plc (JESCF)
JPMorgan European Discovery Trust plc operates in the Asset Management industry of the Financial Services sector, headquartered in London, GB. The stock last traded at $5.20, down 8.45% on the session, giving a market capitalisation of $667.1M. On trailing twelve-month figures it carries a trailing P/E of 5.48, a net margin of 101.0%. Its beta of 0.99 implies it has historically moved less than the broad market.
JPMorgan European Smaller Companies Trust plc operates as a closed-ended investment fund, primarily focused on equity markets. It was initially established and continues to be managed by JPMorgan Funds Limited, with JPMorgan Asset Management (UK) Limited sharing co-management responsibilities. The trust's investment mandate directs capital towards publicly listed companies across various European nations, specifically excluding the United Kingdom. Its portfolio strategy emphasizes diversification across sectors, with a particular focus on small-capitalization growth and value stocks. To evaluate its effectiveness, the fund's returns are measured against the Euromoney Smaller European Companies (ex UK) Total Return Index. This entity, domiciled in the United Kingdom, was founded on April 24, 1990, and was previously known as JPMorgan European Fledgeling Investment Trust plc.
JPMorgan European Discovery Trust plc is most often compared with the following Financial Services names: