Overweight Europe and a focus on banks for fully invested fund

The Jupiter Financial Opportunities fund is overweight in Europe with an emphasis on Eastern European markets. Jupiter Financial Opportunities was launched in May 1997 and has been managed by Philip Gibbs since its inception. In the last three years the portfolio has had an annualised return of 37.81% compared to its benchmark, the FTSE Financials Index, which ret-urned 23.86%. The fund is available in offshore bonds. Gibbs believes the secret to the fund's success has been the focus on property-related stocks in the UK during the bear market. Since 2003 he shifted into less defensive s...