PIE-EATER
28 Dec 2017
Re: Well, what a turnaround..... Sssshhhhhhhh !!!!!
PIE-EATER
28 Dec 2017
O/T MiFID 2 and investment trusts Just a query to see if anyone else has had problems trying to deal in Investment Trusts due to the forthcoming MiFID 2 regs?Jarvis X-O say I need to confirm having seen the KIID (but there isn't one at the minute)AJ Bell and HL both say IT's are unaffected by MiFID 2 as they are listed investmentsSurely some clarity and consistency is required?Thanks in advance PE
sage in the hills
28 Dec 2017
Well, what a turnaround..... ......has been going consistently awesomely wellSAGE
sage in the hills
30 May 2017
5 months on ....... Well ...... this IS looking healthier .... now at its own top sp record.Hope it can maintain this ..... will it now out-perform once again ? .....SAGE
Tadpol52
06 Feb 2017
Also moved out, moved into Henderson Smaller Co's at a good discount.
Malcy99
27 Jan 2017
Re: This is embarrasing .... I bit the bullet a couple of days ago and swapped out of this and into Henderson Opportunities at a 20% discount to NAV with a wind-up vote looming.
cimbom
26 Jan 2017
Re: This is embarrasing .... To be totally conservative and keep it in the UK and JPM stable JCH for one has been outperforming JMF easily. However with UKmidcap depressed SMT, RCP, etc global trusts come to mind...#At the end of the day JMF is now 17/17 in its sector, it could not have performed any worse.
holland44
25 Jan 2017
Re: This is embarrasing .... Cimbom or SITH: where are you thinking of re-investing your sale proceeds, and why?It's just most trusts tend to have "off" years - a respected trust like Mercantile, or Mark Barnett's Keystone and IVPU, both in the UK All Companies sector, also had a pretty torrid time in 2016, though they've recovered a little better, as did James Henderson's HOT. And JMF still ranks well over 2,3, and 5 years, up there in the UK All Companies sector with Fidelity Special Values and Crystal Amber, which are the main trusts I am looking at as alternatives. JMF also looks terrible over 1 year at the moment, but if you compare it with a very well-regarded trust like Finsbury Growth and Income, its returns are almost identical over 6 months and 2 years.Arguably now is also a really bad time to sell JMF, because it is looking heavily over-sold: both its Commodity Channel Index and RSI charts are very low, as low as they went post-Brexit and in late October before the US election, so arguably there's a decent chance of a reversalIt's disappointing that Georgina Brittain and Katen Patel don't have more to say about how the trust is negotiating the fallout of Brexit. The most recent annual report is dated 30 June 2016 and although a half-yearly report is due, it appears this won't be issued until around the end of February, which is a long time-lag since the Brexit vote and doesn't help shareholders much.
cimbom
25 Jan 2017
Re: This is embarrasing .... Not much more to debate, every step forward was followed by two backwards... my patience too ran out and sold.
sage in the hills
24 Jan 2017
This is embarrasing .... I am afraid we have to return to the same debate chaps .......SAGE
Tadpol52
09 Dec 2016
Not a good year for this stock - any opinions on going forward?
cimbom
08 Dec 2016
Re: Yet still ..... Second top performing trust of its sector (second to Fidelity Special Values) over the past month, up 7%. Discount narrowed from 10% to 7%.
sage in the hills
07 Dec 2016
Yet still ..... .......... this fund, JMF, goes nowhere while others race away ....... .......... happy ? (look at the charts !!!! )SAGE
sage in the hills
07 Dec 2016
Re: Ashtead Not MY problem with Ash, its JPM ......One of their funds holds, but another of their funds sells ...... ???thats all my point was .......Belted WillSAGE
Belted Will
27 Oct 2016
Re: Ashtead What's your problem with Ashtead SITH?I bought a few shares in it a couple of years ago. Initially, the share performance was disappointing, especially in the early part of 2016, that despite its income and profit growth being generally good, as I recall. Its share performance seemed to be affected adversely by its larger competitors' poor performances than by its own performance. In the second part of 2016 it has performed very well and I am now 20% up on my initial investment, which I am happy with. It seems to be a share that is regularly recommended by 'experts'.So what insights as to its future performance do you have that might suggest JMF should drop it?
