In the income portfolio, I’d highlight JPMorgan Global Growth and Income’s latest six- month numbers which showed NAV up 9.2% on a total return basis in Sterling, outperforming the 7.0% return from the MSCI AC World Index. Numis analysts noted that the “outperformance was particularly impressive in 2023 given market performance was driven by a small number of US tech stocks, and the approach (of the JPMorgan fund) seeks to combine ideas in both “growth” and “value” styles”.