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

**Source:** https://fundology.uk/fund/jusc · ISIN GB00BJL5F346 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## 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 30/09/2026, JUSC (JPMorgan US Smaller Companies Investment Trust PLC GBP, ISIN GB00BJL5F346) closed at £4.15 on the London Stock Exchange. Over the five years to 30/09/2026 its price changed by +1.1% (income paid out is not included), or −20.1% 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: **£4.15** (30/09/2026).

## Key facts

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

## Past returns (periods to 30/09/2026)

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

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +6.01% | +3.13% | price only |
| 3 years | +21.20% | +10.04% | price only |
| 5 years | +1.10% | -20.05% | price only |

Returns: Fundology, from recorded daily closes. Inflation: ONS 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 +15.8%, 2025 −14.5%; 2026 to 30/09/2026 +3.6%. 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: −13.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -16.3% | -23.4% | Price |
| 2023 | +3.3% | -0.8% | Price |
| 2024 | +15.8% | +11.9% | Price |
| 2025 | -14.5% | -17.5% | Price |
| 2026 to 30/09/2026 | +3.6% | +0.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 16.35% | -11.50% |
| 3 years | 21.66% | -33.20% |
| 5 years | 21.44% | -33.20% |

## Largest fall

Volatility of JPMorgan US Smaller Companies Investment Trust PLC GBP in pounds, annualised from weekly returns to 30/09/2026: 16.3% over 1 year, 21.7% over 3 years, 21.4% over 5 years. Largest fall in the price of JPMorgan US Smaller Companies Investment Trust PLC GBP since October 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 30/09/2026 the price of JPMorgan US Smaller Companies Investment Trust PLC GBP was 20.0% below its highest weekly close since October 2021 (29/11/2024), in pounds.

## Charges & eligibility

- ISA eligible: yes
- SIPP eligible: yes

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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.