LONDON - JPMorgan's range of investment trusts has disclosed their largest investments as a percentage of total assets, with technology and financial services firms featuring prominently across the portfolios. As of November 30, 2024, JPMorgan American Investment Trust PLC listed Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA), and Amazon as its top three holdings, comprising 5.8%, 5.7%, and 5.6% of its assets, respectively.
The JPMorgan Asia Growth & Income PLC showed a significant stake in Taiwan Semiconductor Manufacturing Co Ltd at 11.4%, followed by Tencent Holdings Ltd (F:NNND) and Samsung Electronics Co Ltd (KS:005930). Similarly, the JPMorgan China Growth & Income PLC's largest investment was in Tencent Holdings (OTC:TCEHY) Ltd, accounting for 10.9% of its assets.
European and emerging market-focused trusts also reported their top investments. The JPMorgan Claverhouse Investment Trust PLC highlighted Shell (LON:SHEL) Plc and HSBC Holdings Plc (LON:HSBA) as its largest assets, while the JPMorgan Emerging Markets Investment Trust PLC's top holding was Taiwan Semiconductor Manufacturing Co Ltd, making up 12.3% of its portfolio.
The JPMorgan Global Emerging Markets Income Trust PLC's largest investment was also in Taiwan Semiconductor Manufacturing Co Ltd, whereas the JPMorgan Indian Investment Trust PLC's top asset was HDFC Bank Ltd (NS:HDBK), representing 8.6% of its total assets.
The JPMorgan Japanese Investment Trust PLC reported Hitachi Ltd (OTC:HTHIY) as its leading investment, and the JPMorgan Global Growth & Income PLC's highest allocation was in Amazon.com Inc (NASDAQ:AMZN). The JPMorgan Emerging Europe, Middle East & Africa Sec PLC had a more diverse spread of investments with Al Rajhi Bank being the largest at 3.1%.
The JPMorgan UK Small Cap Growth & Income PLC and the JPMorgan US Smaller Companies Investment Trust PLC showed more variety in their top holdings, with Premier Foods (LON:PFD) Plc and Willscot being their respective leading investments.
It is important to note that these figures do not include investments in liquidity stocks. The information provided is based on a press release statement and reflects the holdings as of the end of November 2024.
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