Fact sheet: JP Morgan Elect Mgd Gth

Fund information
Fund name
JP Morgan Elect Managed Growth
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund managers
  • Katy Thorneycroftsince 01/02/2006
  • Peter Harrisonsince 01/01/1999
Fund objective
Long term capital growth from investing in a range of investment trusts and open-ended funds managed principally by JPMorgan Asset Management.
Benchmark
No data available.
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
9.8%
1 Year rank in sector
15/24
Sector
IT Global
Yield
1.4%
Fund size
£223m
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.
82
Mid price
662.5
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.
671.88
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.
-1.40
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.
100
Top in this sector
Fund name1 Year
Lindsell Train IT plc57.6%
British Empire Trust plc34.3%
Monks IT PLC27%
The Scottish Inv Tst PLC24.2%
JPM Gbl Grw&Inc plc22.2%
...more in IT Global

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%2.5%11.9%9.8%27.7%90.6%
Sector-0.4%3.4%16%15.4%32.5%76.9%
Rank within sector9 / 2414 / 2419 / 2415 / 2418 / 2413 / 24
Quartile2nd3rd4th3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.7%8.1%5.6%34.5%14.8%
Sector15.2%6.8%7.4%21%12%
Rank within sector17 / 2413 / 2417 / 244 / 2412 / 24
Quartile3rd3rd3rd1st2nd
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.
-1.4
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.
0.99
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.
0.55
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%.
8.85
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.
3.43
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.
-0.46
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.
0.85
Price movement
52 week high681
52 week low540
Current bid price658
Current offer price667
Current mid price662.5
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1JPMORGAN UK DYNAMIC C10.7%
2JPMORGAN US EQUITY ALL CAPITAL C9.9%
3JPM JP MORGAN CLAVERHOUSE IT PLC9.2%
4JP MORGAN AMERICAN INVESTMENT TRUST 9.1%
5JPMORGAN US SELECT EQUITY C7.9%
6FINSBURY GROWTH & INCOME TRUST PLC6.7%
7FTSE 100 (NEW STYLE) INDEX EQUITY (FUTURE)5.7%
8JPMORGAN EUROPEAN INVESTMENT TRUST4.2%
9JPMorgan Japanese Investment Trust Plc Ord4%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund objective
Long term capital growth from investing in a range of investment trusts and open-ended funds managed principally by JPMorgan Asset Management.
Benchmark
No data available.
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Katy Thorneycroft01/02/2006Katy Thorneycroft is a senior portfolio manager in the Global Multi-Asset Group (””GMAG””), based in London. Katy focuses on the UK pension, Diversified Growth and investment trust funds. An employee since 1999, Katy was previously a member of the GMAG in New York and prior to this was a portfolio manager in the European Equity Group in London focusing on small and mid-cap strategies. Katy obtained an MChem from the University of Oxford and is a CFA charterholder.
Peter Harrison01/01/1999Peter Harrison is a managing director and head of the Global Portfolios Group, based in London, responsible for multi market investment in JP Morgan Fleming and JF Asset Management. An employee since September 1996, Peter was previously head of UK specialist funds. Prior to joining the company Peter spent five years as a portfolio manager at Newton Investment Management responsible for balanced and specialist briefs. Prior to this Peter worked for three years as an analyst at Schroder Investment Management. He joined RWC Partners in 2006 as Chief Executive Officer.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
JP Morgan Elect Managed Growth
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 price671.88
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJMN
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.