Fact sheet: JPM $CrrntYldLqdt

Fund information
Fund name
JPM US Dollar Current Yield Liquidity Agency Dis NAV USD
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund managers
  • Chris Tuftssince 04/05/2015
  • Doris Grillosince 04/05/2015
  • Adam Ackermannsince 04/05/2015
Fund objective
The investment objective of the Sub-Fund is to achieve a competitive level of total return in the Reference Currency consistent with the preservation of capital and a high degree of liquidity without aiming to maintain a stable Net Asset Value per Share.
Benchmark
  • Federal Funds Effective Rate
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
0.1%
1 Year rank in sector
35/56
Sector
FO Currency - US Dollar
Yield
0.2%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.25%
Fund size
£10m (£11m last year)
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.
78
Top in this sector
Fund name1 Year
Schroder ISF USD Lq1%
BlackRock ICSInt$UlStBd1%
Hume Caut MA $0.8%
Amundi Cash USD0.8%
CMI US Dollar Currency Reserve0.8%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

  • France18.7%
    Sweden18.7%
    Canada15.6%
    Japan9.4%
    Others9.4%
  • Time Deposits65.6%
    Certificates of Deposit18.8%
    Commercial Paper9.4%
    Asset Backed Commercial Paper4.7%
    Others1.5%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0.1%0.1%--
Sector0.1%0.1%0.2%0.4%0.4%0.7%
Rank within sector38 / 5936 / 5938 / 5835 / 56--
Quartile3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.1%----
Sector0.3%0.1%-0%-0.1%0.4%
Rank within sector35 / 56----
Quartile3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1France18.7%
2Sweden18.7%
3Canada15.6%
4Japan9.4%
5Others9.4%
6Australia4.7%
7China4.7%
8Netherlands4.7%
9Norway4.7%
Industry sector
1Time Deposits65.6%
2Certificates of Deposit18.8%
3Commercial Paper9.4%
4Asset Backed Commercial Paper4.7%
5Others1.5%
Asset type
1Money Market100%
Individual holdings
1CHINA CONSTRUCTION BANK CORPORATION NEW 0.45 % AUG-01-20164.1%
2WESTPAC BANKING CORPORATION - NEW YORK B 0.95% OCT-21-20163.7%
3CAISSE CENTRALE DESJARDINS 0.42% AUG-03-20163.6%
4COMMONWEALTH BANK OF AUSTRALIA 0.81% SEP-30-20163.6%
5COOPERATIEVE RABOBANK U.A 0.85% NOV-02-20163.6%
6NORDEA BANK AB 0.80% AUG-11-20163.6%
7OLD LINE FUNDING LLC 1.25% OCT-29-20163.6%
8SWEDISH EXPORT CREDIT CORP 0.81% SEP-23-20163.6%
9TORONTO-DOMINION HOLDINGS USA INC 0.87% DEC-19-20163.6%
Management
Fund manager group
JP Morgan
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund objective
The investment objective of the Sub-Fund is to achieve a competitive level of total return in the Reference Currency consistent with the preservation of capital and a high degree of liquidity without aiming to maintain a stable Net Asset Value per Share.
Benchmark
  • Federal Funds Effective Rate
Investment style
Liquidity
Investment method
None
Fund managers
NameSinceBiography
Chris Tufts04/05/2015Christopher M. Tufts is head of U.S. taxable portfolio management and trading for the Global Liquidity business. An employee since 1997, Chris's team is responsible for the management of all taxable money market mutual funds and liquidity separate accounts in the U.S. Chris was formerly a portfolio manager for Global Liquidity's Sterling and Euro liquidity funds in London and also traded 2-5 year maturity corporate and U.S. Agency securities for U.S. short term fixed income mandates. Previously, Chris was a defined contribution plan analyst in the Investment Advisory Group of J.P. Morgan American Century Retirement Plan Services and a sales analyst in the Institutional business at JPMAM. Chris holds a B.A. in Economics and French from the College of the Holy Cross and spent his Junior year abroad at the University of St. Andrews, Scotland.
Doris Grillo04/05/2015Doris J. Grillo is a portfolio manager and trader in the U.S. Fixed Income Group. An employee of J.P. Morgan since 2001, Doris is responsible for managing and trading money market securities for both mutual funds and separate accounts. Previously, she worked for UBS where she spent five years as a portfolio manager for mutual funds. She also worked as a portfolio manager for 11 years at Chemical Bank Portfolio Group, which merged into Chase Investment Management. She holds a B.B.A., Finance, from Pace University and 26 Years of Industry Experience, 10 Years of Firm Experience,6 Years of Fund Experience.
Adam Ackermann04/05/2015Adam Ackermann, vice president, is a portfolio manager and trader in the U.S. Short Term Fixed Income Group. An employee since 2011, he is responsible for portfolio management and trading for money market mutual funds, short term fixed income separate accounts and liquidity products. Previously, he was an assistant portfolio manager at GE Asset Management. Adam holds a B.S. in Finance from Fordham University’s Gabelli School of Business and a M.B.A in Finance from Fordham University’s Graduate School of Business where he graduated Magna Cum Laude. He is a member of Omicron Delta Epsilon and the Fordham Wall Street Council.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hungary, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Sweden
JPM US Dollar Current Yield Liquidity Agency Dis NAV USD
Initial charge-
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFU7D
JPM US Dollar Current Yield Liquidity Agency Dis USD
Initial charge-
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)0.25%
Bid price1
Offer price1
Mid price-
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFU7E
JPM US Dollar Current Yield Liquidity C Dis NAV USD
Initial charge-
Annual charge0.16%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated26/07/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE1CO
JPM US Dollar Current Yield Liquidity C Dis USD
Initial charge-
Annual charge0.16%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)0.21%
Bid price1
Offer price1
Mid price-
CurrencyUSD
Price updated26/07/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE1CP
JPM US Dollar Current Yield Liquidity Institutional Dis NAV USD
Initial charge-
Annual charge0.16%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFU7F
JPM US Dollar Current Yield Liquidity Institutional Dis USD
Initial charge-
Annual charge0.16%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)0.21%
Bid price1
Offer price1
Mid price-
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFU7G
JPM US Dollar Current Yield Liquidity Institutional NAV USD
Initial charge-
Annual charge0.16%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price10011.86
CurrencyUSD
Price updated27/07/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1CR
JPM US Dollar Current Yield Liquidity Institutional USD
Initial charge-
Annual charge0.16%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)0.21%
Bid price10011.86
Offer price10011.86
Mid price-
CurrencyUSD
Price updated27/07/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1CQ
Data provided by

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