Jupiter Green investment trust NAV shrinks by almost 10%

Technology ‘key’ to solve climate issues

In a year where oil and commodity stocks have reigned supreme, the sustainably focused Jupiter Green has had a muted year.

In the half-year report published today (7 December 2022), the trust's management revealed its net asset value per ordinary share decreased 9.3% and the total return was down 9.5%. Over the same time frame, the company's share price fell 8.3%, a bigger decline than the MSCI World Small Cap Total Return index, which fell by 7.5%. During the period from 1 April to 30 September, the discount traded at an average of 15%, and as of 30 September it was up at 17.9%. At the time of writing, the discount has fallen further to 20% despite the use of share buy backs to limit its volatility. ...