We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

Close
In association with

Home > Investments > Investment Trusts

JPMorgan avoids commodities to beat benchmark

The Income and Capital investment trust delivered a share price total return of 16.2 per cent in the year to February 2

By Eleanor Lawrie | Published Jun 12, 2013 | comments

JPMorgan Asset Management’s Sarah Emly and John Baker said their decision to avoid major mining and oil & gas stocks was the reason for their recent outperformance.

The £132.8m Income and Capital investment trust delivered a share price total return of 16.2 per cent in the year to February 28, outperforming the 13.3 per cent return for its benchmark, which is made up of 90 per cent FTSE 350 index and 10 per cent Barclays Capital Global Corporate Bond index.

visible-status-Standard story-url-IA p16 100613 IT NIB 2.xml

COMMENT AND REACTION
Most Popular
More on FTAdviser
FTA jobs