| Valuation method | Value, £ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | 2.44 | -99 |
| Graham Formula | n/a |
Jupiter Green Investment Trust PLC (JGC.L) is a UK-based closed-ended equity mutual fund specializing in global environmental solutions. Managed by Jupiter Asset Management, the fund invests in small- and mid-cap public companies focused on clean energy, water and waste management, sustainable living, environmental services, and green transport. Launched in 2006, it employs a bottom-up, fundamental stock-picking strategy, benchmarking against the FTSE Global Small Cap ex US Index and Russell 2500 Growth Index. As a thematic ESG (Environmental, Social, and Governance) investment vehicle, Jupiter Green aligns with growing demand for sustainable finance, targeting companies driving ecological innovation. Listed on the London Stock Exchange, the trust offers exposure to high-growth green sectors but carries inherent risks of small-cap volatility and concentrated thematic bets. With £46.5 million in market cap, it caters to investors seeking niche environmental equity exposure within the broader financial services sector.
Jupiter Green Investment Trust presents a high-risk, high-reward proposition for ESG-focused investors. Its concentrated portfolio in small/mid-cap environmental solution providers offers growth potential amid global decarbonization trends, but recent financials show challenges – including a net loss of £237k (FY 2024) and negative operating cash flow. The fund’s 0.92 beta suggests slightly lower volatility than the market, but its niche focus and lack of dividends (0p/share) may deter income investors. Positive factors include £3.67 million cash reserves and a clear thematic mandate aligned with regulatory tailwinds like the EU Green Deal. However, £3 million debt and reliance on outperformance of speculative green tech firms pose risks. Suitable for long-term investors comfortable with illiquidity and sector-specific volatility in exchange for early exposure to emerging sustainability leaders.
Jupiter Green competes in the crowded thematic ESG fund space, differentiating through its pure-play environmental focus and active small/mid-cap stock selection. Unlike broader ESG ETFs (e.g., SUSW.L) or clean energy funds (e.g., INRG.L), JGC.L offers granular exposure to under-the-radar green innovators – a potential alpha generator but with higher research overhead. Its closed-end structure allows illiquid investments but creates occasional NAV-discount risks (currently trading below book value). Competitively, Jupiter Asset Management’s fundamental research capabilities lend credibility, though the trust’s £46.5 million size limits economies of scale versus giants like Impax Environmental Markets (IEM.L, £1.2bn AUM). Performance hinges on manager acuity in picking winners among unproven green technologies – a challenge given sector-wide valuation pressures in 2023-24. Regulatory tailwinds (carbon pricing, subsidy programs) benefit holdings, but reliance on policy continuity adds risk. The fund’s exclusion of fossil fuels is stricter than some peers, appealing to deep-green investors but potentially limiting flexibility. Its zero-dividend policy contrasts with income-oriented alternatives like Greencoat UK Wind (UKW.L).