Portfolio Update

JUPITER US SMALLER COMPANIES PLC

Legal Entity Identifier: 549300HKKL9K1NY4TW55

Month end portfolio information

All data is as at 31 March 2020

This data will shortly be available on the investment manager's website at www.jupiteram.com/JUS.

Top Ten Holdings

%

Ensign Group

5.1

Palomar Holdings

4.8

Alleghany

4.6

America's Car-Mart

4.2

Construction Partners

4.1

Addus Homecare

3.9

Msc Industrial Direct

3.4

American Vanguard

3.3

Virtusa

3.1

Intl. Fcstone

2.8

Total

39.3

Note: all percentages are based on Total Assets

Sector Breakdown

%

Financial Services

28.6

Health Care

17.3

Technology

14.5

Materials & Processing

12.3

Producer Durables

10.1

Consumer Discretionary

8.8

Cash & Gearing

3.1

Utilities

2.4

Consumer Staples

1.8

Energy

0.9

Note: all percentages are based on Total Assets

For further information, please contact:

Magnus Spence

Head of Investment Trusts and Alternatives

Jupiter Asset Management Limited,

Company Secretary

investmentcompanies@jupiteram.com

020 3817 1325

17 April 2020