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Investment trust
JCGIJPMorgan China Growth & Income plc
Managed by JPMorgan Asset ManagementRebecca Jiang, Li Tan
Latest factsheet
31 Mar 2026
Net assets
£246.5m
Yearly charge
1.05%
vs asset value
9.7% discount
Borrowing
12.20%
Dividend yield
4.00%
The Company aims to provide long-term capital growth from investment in 'Greater China' companies which are quoted on the stock exchanges of Hong Kong, China and Taiwan or which derive a substantial part of their revenues or profits from these territories. The Company makes quarterly distributions, which are announced to shareholders for the next four quarters at the beginning of each financial year. On aggregate, the intention is to pay dividends totaling at least 4% of the Company NAV on the last business day of the preceding financial year. The Company has the ability to use borrowing to gear the portfolio up to a maximum level of 20% of shareholders' funds. Gearing may magnify gains or losses experienced by the Company.
9.7% discount — the shares change hands for less than the value of what the trust owns. Unlike an open-ended fund, a trust’s shares are bought and sold on the stock exchange, so their price is whatever buyers and sellers agree — not the value of the portfolio behind them.Share price 273.5 · asset value per share 302.8 (GBP)
Cumulative performance
| Period | Trust |
|---|---|
| 1M | -6.81% |
| 3M | -2.42% |
| YTD | -2.42% |
| 1Y | +13.06% |
Annualised performance
| Period | Trust, a year at a time |
|---|---|
| 3Y | -0.77% |
| 5Y | -10.82% |
| 10Y | +8.48% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Tencent | 16.90% | |
| 2 | Alibaba | 9.90% | |
| 3 | PDD Holdings | 5.10% | |
| 4 | NetEsse | 3.40% | |
| 5 | Contemporary Amperex Technology | 3.30% | |
| 6 | Ping An Insurance H | 3.20% | |
| 7 | China Merchants Bank | 2.60% | |
| 8 | Kweichow Moutai | 2.30% | |
| 9 | Sieyuan Electric | 2.00% | |
| 10 | Naura Technology | 2.00% |
Portfolio breakdown
Sector
| Consumer Discretionary | 26.00% | |
| Communication Services | 22.40% | |
| Information Technology | 20.50% | |
| Industrials | 20.00% | |
| Financials | 7.10% | |
| Health Care | 5.10% | |
| Consumer Staples | 4.30% | |
| Materials | 4.10% | |
| Cash | 3.50% | |
| Utilities | 0.90% | |
| Real Estate | 0.90% | |
| Others | -14.80% |
Geography
| China HK listed | 47.80% | |
| China A Shares | 34.00% | |
| China | 16.50% | |
| China US listed | 10.00% | |
| Taiwan | 3.80% | |
| Cash | 3.50% | |
| Hong Kong | 0.00% | |
| China B Shares | 0.00% | |
| CFD | -15.60% |
Key facts
- Stock market ticker
- JCGI
- ISIN
- GB0003435012
- Currency
- GBP
- Domiciled in
- United Kingdom
- Launched
- 19 Oct 1993
Source factsheets
| Date | Published by the trust |
|---|---|
| 31 Mar 2026 | View original factsheet ↗ |