# JPMorgan US Smaller Companies Investment Trust PLC GBP (JUSC)

**Page:** https://fundology.uk/fund/jusc · ISIN GB00BJL5F346

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, JUSC (JPMorgan US Smaller Companies Investment Trust PLC GBP, ISIN GB00BJL5F346) closed at £4.33 on the London Stock Exchange. Over the five years to 13/11/2026 its price changed by −5.5% (income paid out is not included), or −26.2% after UK CPIH inflation.

## Summary

JPMorgan US Smaller Companies Investment Trust PLC GBP is an investment trust. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Latest close: **£4.33** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JUSC |
| ISIN | GB00BJL5F346 |
| Category | Investment trusts |
| Type | Investment trust |
| Domicile | United Kingdom |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +16.40% | +12.28% | price only |
| 3 years | +32.82% | +20.00% | price only |
| 5 years | -5.46% | -26.21% | price only |

Returns: worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of JPMorgan US Smaller Companies Investment Trust PLC GBP in pounds (price only, income paid out not included): 2022 −16.3%, 2023 +3.3%, 2024 +17.1%, 2025 −15.4%; 2026 to 13/11/2026 +8.3%. Returns of JPMorgan US Smaller Companies Investment Trust PLC GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +6.0%; to 30/09/2025: −6.7%; to 30/09/2024: +18.7%; to 30/09/2023: −2.4%; to 30/09/2022: −11.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -16.3% | -23.4% | Price |
| 2023 | +3.3% | -0.8% | Price |
| 2024 | +17.1% | +13.1% | Price |
| 2025 | -15.4% | -18.3% | Price |
| 2026 to 13/11/2026 | +8.3% | +4.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 15.53% | -11.50% |
| 3 years | 21.19% | -33.20% |
| 5 years | 21.24% | -33.20% |

## Largest fall

Volatility of JPMorgan US Smaller Companies Investment Trust PLC GBP in pounds, annualised from weekly returns to 13/11/2026: 15.5% over 1 year, 21.2% over 3 years, 21.2% over 5 years. Largest fall in the price of JPMorgan US Smaller Companies Investment Trust PLC GBP since November 2021, in pounds: −33.2% from 29/11/2024 to 11/04/2025. The lowest 12-month return of JPMorgan US Smaller Companies Investment Trust PLC GBP in pounds (price only, income paid out not included) since January 2021 was −24.3% (12 months to 28/11/2025); the highest was +46.7% (12 months to 29/11/2024). On 13/11/2026 the price of JPMorgan US Smaller Companies Investment Trust PLC GBP was 16.4% below its highest weekly close since November 2021 (29/11/2024), in pounds.

## Charges & eligibility

- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ISIN of JUSC?**

The ISIN of JUSC is GB00BJL5F346. An ISIN identifies one exact share class of a fund; JUSC is its ticker on the London Stock Exchange.

**What were JUSC’s returns in each of the last five years?**

Calendar-year returns of JUSC in pounds (price only, income paid out not included): 2022 −16.3%, 2023 +3.3%, 2024 +17.1%, 2025 −15.4%; 2026 to 13/11/2026 +8.3%. Past performance is not a guide to future returns.

**How has JUSC done after inflation?**

Over the five years to 13/11/2026 JUSC’s price changed by −5.5% (income paid out is not included), or −26.2% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.