JPMorgan European Discovery Trust plc Company profile
About Jpmorgan European Discovery Trust PLC
JPMorgan European Discovery Trust plc, formerly JPMorgan European Smaller Companies Trust plc, is an investment trust company. The Company's investment objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom. The Company invests in equities for the long term. The Company invests in markets that operate delivery versus payment (DVP) settlement. Its portfolio of investment includes industrial engineering, real estate investment and services, pharmaceuticals and biotechnology, support services, food producers, automobiles and parts, mobile telecommunications, household goods and construction, personal goods, and oil equipment, services and distribution. The Company's portfolio includes investments across geographical areas, including Germany, Sweden, Netherlands, Italy, Norway, Finland, Spain, Belgium, Ireland and Switzerland. The Company's investment manager is JPMorgan Funds Limited (JPMF).
Financial summary
BRIEF: For the six months ended 30 September 2021, Jpmorgan European Discovery Trust PLC revenues decreased 54% to £118.5M. Net income decreased 56% to £112.1M. Revenues reflect Gains on investments held at fair value decrease of 57% to £105.8M, Realized Foreign Exchange G/L - Capital decrease of 97% to £38K, Interest receivable and similar income decrease of 67% to £113K. Dividend per share remained flat at £0.01.
Equity composition
07/2014 Share split 1-for-5.