JPMorgan US Smaller Companies (JUSC) - May 2026 | Kepler Trust Intelligence

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JUSC provides access to the heart of America.

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Alan Ray

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Updated: 20 May 2026

I fought the war, and the war won

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Place your bets!

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What is now proved was once only imagined

What might we learn from the ‘dot com’ era that we can apply to today’s markets?

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Are the US and Europe drifting apart?

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JPMorgan US Smaller Companies (JUSC)

JUSC’s short-term performance presents a long-term opportunity.

July 2025

We feel the need. The need for (the best) returns.

The Kepler team pauses for a mid-year reality check on their 2025 picks.

May 2025

JPMorgan US Smaller Companies (JUSC)

Short-term noise aside, JUSC offers a unique exposure to domestic US industrials…

April 2025

American Graffiti

Jean-Baptiste Andrieux

We analyse the performance of US-focussed investment companies since the US election…

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March 2025

The Scottish Play

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We research diversified combinations of large-cap and small-cap strategies…

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January 2025

Any given Sunday

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We ask if the stars are aligning for US small-caps…

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Our top picks for 2025

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We put a finger in the air and name the trusts we think will deliver the best share price total returns in the year ahead…

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November 2024

What would Kenny Rogers do?

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As the world waits for the Trump show to start in earnest, should you hold ‘em, fold ‘em, walk away or run?

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Big wheels keep on turnin’

The US election throws up several investment ideas from the mainstream to the more idiosyncratic...

July 2024

A really great stockmarket, the best, some tell me the best they’ve ever seen

US equities should be the bedrock of any diversified portfolio…

March 2024

JPMorgan US Smaller Companies

JUSC: diversification and valuation opportunity in US smaller companies…

September 2023

You should be dancing…

North America should be a core part of any portfolio…

April 2023

JPMorgan US Smaller Companies

JUSC offers all-weather exposure to a dynamic market…

January 2023

Solving the Rubik’s Cube

We reveal the winners of our investment trust ratings for 2023…

September 2022

American muscle

Beating US indices is a monumental task. We examine the closed- and open-ended North American sectors to see how they have fared…

May 2022

JPMorgan US Smaller Companies

JUSC’s quality bias has driven its recent outperformance, although it still trades on a historically wide discount…

November 2021

How Do You Like Them Apples

Judging whether the US market is expensive is not as easy as many make it out to be…

September 2021

Bargains galore

We review our discounted opportunities portfolio, with one constituent rallying more than 30% in just two months…

JPMorgan US Smaller Companies

While the economic outlook may be good for JUSC’s quality bias, its current discount offers an attractive entry point…

April 2021

FAANGs for the memories

The massive outperformance of mega-cap tech last year could become a thing of the past if anti-trust legislation and negative sentiment starts to bite...

March 2021

East End boys and West End girls

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Our analysts debate whether the US or Asian stock markets will deliver the best returns over the next decade…

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JPMorgan US Smaller Companies

JUSC offers investors a portfolio of high-quality US small caps, and has a strong record of performance and alpha generation…

November 2020

Hope springs eternal

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The US election has given long-suffering value investors new hope of a 'great rotation' in their favour, but that light at the end of the tunnel could in fact be a train…

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August 2020

JPMorgan US Smaller Companies

William Sobczak

Trading at an attractive discount relative to its history, JUSC offers a diversified portfolio of high-quality companies…

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May 2020

Sea change

While global giants like Amazon still hold the weather gauge, we examine the long term prospects for a shift in the prevailing wind...

January 2020

JPMorgan US Smaller Companies

William Sobczak

One of the strongest performers in its North American sectors, JUSC, offers exposure to high-quality companies with strong management teams…

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August 2019

Quality street: can the dominant style continue to outperform?

For several years, quality as an investing style has dominated, outperforming both value and growth. We examine why the case for quality remains strong and the importance of taking an active approach…

May 2019

JPMorgan US Smaller Companies

William Sobczak

A trust that offers investors an excellent way to gain exposure to high quality, growth companies, through a low beta portfolio...

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January 2019

The Growth Portfolio

Our ten investment trust picks for long-term capital growth...

September 2018

High flyers

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Our research shows small-cap managers adding consistently more alpha, and regulatory change means this could be an attractive time to invest in the sector...

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JPMorgan US Smaller Companies

William Heathcoat Amory

This trust has a highly-resourced management team, which has produced consistently strong alpha, outperforming the Russell 2000 index in each of the past five calendar years...

William Heathcoat Amory

April 2018

The $23.9 trillion dollar question*

William Sobczak

Are US equities, which have hit record highs on 71 occasions in the last 12 months, overpriced or are they actually trading at a price worth paying?

William Sobczak

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