Fact sheet: JP Morgan Elect Mgd Inc

Fund information
Fund name
JP Morgan Elect Managed Income
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund managers
  • Sarah Emlysince 31/12/2008
  • John Bakersince 31/12/2008
Fund objective
Growth of income with potential for long term capital growth by investing in equities, investment trusts and fixed income securities.
Benchmark
No data available.
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
3.2%
1 Year rank in sector
13/24
Sector
IT UK Equity Income
Yield
3.9%
Fund size
£52m
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.
95
Mid price
101.25
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.
103.35
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.
-2.76
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
Tmpl Br IT PLC14.7%
Murray Inc Tst PLC11.6%
Shires Income plc9.4%
Finsbury Growth & Inc Tst PLC8.3%
F&C Cap & Inc IT PLC8.2%
...more in IT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK95.8%
    Money Market4.2%
  • Financials28.3%
    Consumer Goods18.9%
    Oil & Gas11.4%
    Consumer Services11.2%
    Health Care8.1%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%-0.9%5.6%3.2%15.9%61.1%
Sector2.2%-1%6%3.1%13.2%69.1%
Rank within sector16 / 2410 / 2413 / 2413 / 249 / 2419 / 24
Quartile3rd2nd3rd3rd2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund2.7%2.8%7.9%24.9%14%
Sector2.6%3.8%3%29.8%20%
Rank within sector14 / 2416 / 248 / 2414 / 2417 / 24
Quartile3rd3rd2nd3rd3rd
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.
1.7
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.
0.84
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.
0.19
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%.
8.02
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.
4.96
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.
0.2
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.
0.64
Price movement
52 week high105.5
52 week low91
Current bid price99.25
Current offer price103.25
Current mid price101.25
Region
1UK95.8%
2Money Market4.2%
Industry sector
1Financials28.3%
2Consumer Goods18.9%
3Oil & Gas11.4%
4Consumer Services11.2%
5Health Care8.1%
6Industrials7.3%
7Basic Materials4.4%
8Others4.2%
9Utilities4%
Asset type
No data available.
Individual holdings
1ROYAL DUTCH SHELL7.3%
2BRITISH AMERICAN TOBACCO5.8%
3GLAXOSMITHKLINE5.1%
4JPMORGAN INCOME & GROWTH INVESTMENT TRUST4.9%
5JPM GLOBAL HIGH YIELD BOND FUND 4.8%
6HSBC HLDGS4.4%
7BP4.1%
8IMPERIAL BRANDS PLC4.1%
9NATIONAL GRID3.1%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund objective
Growth of income with potential for long term capital growth by investing in equities, investment trusts and fixed income securities.
Benchmark
No data available.
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Sarah Emly31/12/2008Sarah Emly is a portfolio manager within the J.P. Morgan Asset Management European Equity Group. She specialises in managing UK institutional portfolios. An employee since 1995, Sarah was previously an analyst in the UK and Pan-European team before joining the portfolio management team in 1999. She holds a B.Sc. (Hons) in International Management and Modern Languages (French) from the University of Bath, and the Securities Institute Diploma, and is a Fellow of the Securities Institute. Sarah is a CFA charter holder.
John Baker31/12/2008John Baker is a portfolio manager within the JPMorgan European Equity Group. John joined the company in 1994 as an assistant on the UK Retail Funds desk, now integrated into the European Equity Group. Education: B.A., University College Cork, Ireland
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
JP Morgan Elect Managed Income
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 price103.51
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJEA
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.