Page 19 - DIY Investor Magazine | Issue 30

In the health and wellness arena, recent investments have included Technogym, an Italian manufacturer of premium fitness equipment for both commercial gyms and home use. This is an exciting stock that is tapping into the strong post- pandemic focus on health and fitness.
Technology is a particularly fertile area for the European small cap investor. Although this asset class is not always associated with technological innovation, it is in fact home to many global leading technology enablers.
Swedish software company, Fortnox, provides financial software for small and mid-sized companies. Fortnox is a great example of a disruptive smaller company. It is completely cloud based and so does not have a legacy business acting a growth headwind unlike its large cap competitors.
When it comes to fighting climate change, European smaller companies are leading the field. We expect the European green deal to help bolster what is already solid demand for companies that are driving the transition to a low carbon economy, such as Scatec, the Norwegian renewable energy producer specialising in emerging markets.
WHY JPMORGAN EUROPEAN DISCOVERY TRUST PLC?
• Experienced Team – The two named portfolio managers have an average of 23 years’ experience and are supported by a team of 100+ equity professionals. Our team-based approach provides in depth coverage of an extensive universe of stocks (~1,500 names) and the ability to source entrepreneurial leaders.
• Disciplined, long-standing process combining the best of quantitative and fundamental analysis – Bottom-up fundamental approach to stock selection, preferring attractively valued, well-managed companies with an improving outlook.
• Flexible investment approach – The portfolio managers are able to invest in sectors where they see the best current growth opportunities. The overarching investment themes that have emerged from this bottom-up stock selection currently include environmental improvement, wellness and technology driven disruption.
Find out more about JPMorgan European Discovery Trust >
This is a marketing communication and as such the views contained herein do not form part of an offer, nor are they to be taken as advice or a recommendation, to buy or sell any investment or interest thereto. Reliance upon information in this material is at the sole discretion of the reader. Any research in this document has been obtained and may have been acted upon by J.P. Morgan Asset Management for its own purpose. The results of such research are being made available as additional information and do not necessarily reflect the views of J.P. Morgan Asset Management. Any forecasts, figures, opinions, statements of financial market trends or investment techniques and strategies expressed are unless otherwise stated, J.P. Morgan Asset Management’s own at the date of this document. They are considered to be reliable at the time of writing, may not necessarily be all inclusive and are not guaranteed as to accuracy. They may be subject to change without reference or notification to you. It should be noted that the value of investments and the income from them may fluctuate in accordance with market conditions and taxation agreements and investors may not get back the full amount invested. Changes in exchange rates may have an adverse effect on the value, price or income of the products or underlying overseas investments. Past performance and yield are not reliable indicators of current and future results. There is no guarantee that any forecast made will come to pass. Furthermore, whilst it is the intention to achieve the investment objective of the investment products, there can be
no assurance that those objectives will be met. J.P. Morgan Asset Management is the brand name for the asset management business of JPMorgan Chase & Co. And its affiliates worldwide. To the extent permitted by applicable law, we may record telephone calls and monitor electronic communications to comply with our legal and regulatory obligations and internal policies. Personal data will be collected, stored and processed by J.P. Morgan Asset Management in accordance with our EMEA Privacy Policy www.jpmorgan.com/emea- privacy-policy. Investment is subject to documentation. The Annual Reports and Financial Statements, AIFMD art. 23 Investor Disclosure Document and PRIIPs Key Information Document can be obtained free of charge from JPMorgan Funds Limited or www.jpmam.co.uk/investmenttrust. This communication is issued by JPMorgan Asset Management (UK) Limited, which is authorised and regulated in the UK by the Financial Conduct Authority. Registered in England No: 01161446. Registered address: 25 Bank Street, Canary Wharf, London E14 5JP.
19 DIY Investor Magazine | Sept 2021