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Jupiter Fund of Investment Trusts  

The Jupiter Fund of Investment Trusts aims to achieve long-term capital growth through investing principally in investment companies and other closed-end companies listed on the London Stock Exchange. The portfolio is concentrated and looks to take advantage of anomalies within the sector including discounts, management capabilities, corporate actions and capital structure.

The Fund has been managed by Richard Curling since January 2012. Prior to this the Fund was managed by Patrick Harrington. Richard holds regular face-to-face meetings with investment company managers and has a particular focus on the manager's style and approach, asset allocation as well as the quality of the companies in the underlying portfolio. Although he considers the broader economic environment when making investment decisions, he typically follows a bottom-up, stock-specific approach.

Fund manager
The Fund is managed by Richard Curling. Patrick Harrington managed the fund from January 2010 to January 2012.

Key fund facts

  • Broad, globally diversified portfolio offering scope for outperformance in rising equity markets due to gearing of underlying investment companies; however, the reverse could be true in falling markets
  • The Fund is not constrained by any benchmark weightings giving investors access to the global growth opportunities

Downloads

 Fund factsheet

Fund Ratings
  1. Lipper Total Return: 4
  2. Lipper Consistent Return: 3
  3. Lipper Capital Preservation: 4

Fund Manager
    Richard Curling
Bid Price (p)Offer Price (p)Historic Yield (%)Fund Size (£m)
135.15144.160.0100.9

Percentage Growth
1 Year3 Years5 YearsSince Launch
-10.260.1-0.5160.4

Year on year percentage growth
2006 - 072007 - 082008 - 092009 - 102010 - 11
7.0-41.943.424.4-10.2

Fund prices and yields are calculated as at the valuation point on 8/2/2012

Please remember past performance should not be seen as a guide to future returns.

The value of an investment in a unit trust and the income from it can fall as well as rise and may be affected by exchange rate variations and you may not get back the amount you invested.

Performance data source: Financial Express, net income reinvested at UK basic rate of tax to 30/11/2011. For confirmation of individual fund launch dates, please see the Fund Information tab of the All Funds table. The OBSR Ratings are as at 30/11/2011. The Citywire ratings shown are the three year ratings as at 30/11/2011. Lipper ratings are sourced from Lipper as at 30/11/2011. Please see the online glossary within the help section for further definition of these ratings.

Specific Risks
The Fund mainly invests in a range of investment trusts. Investment trusts are, in general, more highly geared than other collective investment schemes, such as unit trusts. This can accentuate any gains or losses suffered by the underlying investment trusts.
UK Growth Application Forms Fund Literature
Introduction to Jupiter UK Growth Funds
UK Growth Fund
Fund of Investment Trusts
UK Smaller Companies Fund
Undervalued Assets Fund
UK Special Situations Fund (Inc)
Want to invest?
Download an application form to invest in this fund.

For more information about the Fund, please read our literature.

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Fundology by John Chatfield-Roberts