Fact sheet: JP Morgan Asian IT plc

Fund information
Fund name
JP Morgan Asian IT plc Ord 25P
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund managers
  • Jeffrey Roskellsince 01/12/2011
  • Ted Pullingsince 01/11/2012
  • Sonia Yusince 31/07/2013
Fund objective
Capital growth, primarily from investing in equities quoted on the stockmarkets of Asia, excluding Japan.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
24%
1 Year rank in sector
10/15
Sector
IT Asia Pacific excluding Japan Equities
Yield
0.9%
Fund size
£252m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
134
Mid price
265
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
311.48
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-14.92
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
103
Top in this sector
Fund name1 Year
Fid Asn Values PLC36.2%
ScrdrAsnTtlRetnInvstCo31.2%
Aberdeen Asian Income28.1%
Schroder Oriental Inc27.9%
Invesco Asia Trust plc26.8%
...more in IT Asia Pacific excluding Japan Equities

Performance snapshot

Holdings snapshot

  • No data available.
  • Information Technology29.7%
    Financials26.8%
    Consumer Discretionary11%
    Telecommunications Utilities5.6%
    Energy5.4%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-8.6%-1.3%22.1%24%31.2%45.8%
Sector-6.7%0.2%20.7%25.4%28.2%61.5%
Rank within sector12 / 1513 / 154 / 1510 / 157 / 1510 / 15
Quartile4th4th2nd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund22.5%-2.6%9.7%3.9%11.5%
Sector25%-6.1%11.7%1.3%23.8%
Rank within sector12 / 157 / 1510 / 157 / 1512 / 15
Quartile4th2nd3rd2nd4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.54
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.09
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.38
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
17.27
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.55
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.16
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.86
Price movement
52 week high295
52 week low183
Current bid price265
Current offer price270
Current mid price265
Region
No data available.
Industry sector
1Information Technology29.7%
2Financials26.8%
3Consumer Discretionary11%
4Telecommunications Utilities5.6%
5Energy5.4%
6Utilities4.9%
7Industrials4.6%
8Others3.9%
9Real Estate3.1%
Asset type
No data available.
Individual holdings
1TENCENT HLDGS LIMITED7.3%
2SAMSUNG ELECTRONICS CO6.7%
3TAIWAN SEMICONDUCTOR CO5.2%
4AIA GROUP LTD4.9%
5PING AN INSURANCE(GR)CO OF CHINA3.1%
6CHINA UNICOM3%
7HDFC BANK LTD2.9%
8CK HUTCHISON HLDGS LTD2.6%
9KOREA ELECTRIC POWER CORP2.3%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund objective
Capital growth, primarily from investing in equities quoted on the stockmarkets of Asia, excluding Japan.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Jeffrey Roskell01/12/2011Jeffrey Roskell, Managing Director, is a portfolio manager and head of the Emerging Markets and Asia Pacific (EMAP) Income strategy within the EMAP Equities team, based in Hong Kong. He currently manages Asian Income mandates, and we believe his addition to the portfolio management team will enhance our global emerging market strategy.
Ted Pulling01/11/2012Ted Pulling was graduated from Princeton University, major in History. Ted has over 24 years of investment experience. His investment career began in 1989, where Ted joined W.I. Carr, as a research analyst in Hong Kong. Later he was promoted to research manager in Thailand and finally, head of Asian emerging markets sales team located at Singapore. He remains at W.I. Carr for almost 5 years, before he joined Goldman Sachs as Vice President of institutional sales in 1994. One year later, Ted joined JPMorgan as an investment manager. He was specialized in the Asian emerging markets which include the Indian subcontinent. In 2001 Ted was promoted to the managing director position. In 2012 Ted was appointed as the Chief Investment Officer and head of the Pacific Regional Group ever since.
Sonia Yu31/07/2013Sonia Yu, vice president, is a regional investment manager with the Pacific Regional Group. Based in Hong Kong, she joined the firm in September 2012 from Morgan Stanley where she was vice president with the Special Situations Group, specializing in private and public investments across the region. Prior to that, Sonia was a senior analyst with Maverick Capital, focusing on investments in US and Asia financial stocks. Sonia obtained an MBA from Stanford Graduate School of Business and a dual degree (BSc. in Economics and BA in Asian Studies) from the University of Pennsylvania.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
JP Morgan Asian IT plc Ord 25P
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)0.85%
Bid price265
Offer price270
Mid price265
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJE88
JP Morgan Asian IT plc Ord 25p
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price311.48
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJLN
JP Morgan Asian IT plc Sub
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price0.01
Offer price0.25
Mid price0.13
CurrencyGBX
Price updated31/03/2014
Type-
Institutional or retail classRetail
Domicile-
Citi codeI7C7
Data provided by

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