SHARE TIP UPDATE – Jupiter Emerging & Frontier Income Trust

January 10, 2018 Dick Morris No comments exist

I recommended Jupiter Emerging & Frontier Income Trust (JEFI-LSE) on the 15th May last year (at its launch), and bought in as I said I would. The fund has been a very good performer (at the time of writing the units, which I purchased at 100p are 113.5 to sell). In addition, the trust has paid the first of its dividends (2.0p); going ex-dividend on the 30th November. Ordinarily, after such a rise as this, I would be reluctant to buy more units. Instead, I would wait for a market correction, and for some slipping back, before topping up.  However, a spate of recent director purchases are tempting me to put more money in. (See below.)

10-Jan-18  Buy John Scott 117.49p 4,365 £5,128.44
05-Jan-18  Buy Audrey McNair 115.97p 4,395 £5,096.88
04-Jan-18  Buy Mark Dampier 116.00p 3,940 £4,570.40
04-Jan-18  Buy Nicholas Moakes 115.97p 4,279 £4,962.36
26-Sep-17  Buy Mark Dampier 109.72p 8,156 £8,948.96

Leave a Reply

Your email address will not be published. Required fields are marked *