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Jupiter US Smaller Cos lags benchmark

25 February 2015 14:56

Jupiter US Smaller Companies' net asset value per share rose by 4.7% in the six months to the end of December. This compares to a gain of 10.7% in the company's benchmark, the sterling-adjusted Russell 2000 Index.

The company said: "Although it was disappointing that the NAV performance lagged that of the benchmark, the company's conservative investment style means that this can happen when the market is led by high risk areas, such as biotechnology, as it was in this period. Over the long term, however, the approach has produced good returns."

At 2:56pm: (LON:JUS) Jupiter US Smaller Companies Plc share price was +0.25p at 662p

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