Three trusts double assets over year

results from 2005 show jpmorgan and fidelity with top trusts, boasting nav rises over 100%

Three investment trusts, including two JPMorgan vehicles, achieved the coveted goal of returning an NAV rise of more than 100% over the course of 2005. Overall, the trust that produced the highest performance over the year was JPMF Japanese Smaller Companies, which made a NAV return of 119.9%, followed by Fidelity Japanese Values with 111% and JPMF European Securities with 100.6%. The figures, from Winterflood Securities, show 35 trusts achieved a return of more than 50%, up from just seven vehicles the previous year. Winterflood analyst Charles Cade said the top three would have been h...