Fact sheet: JPM Brazil Equity

Fund information
Fund name
JPM Brazil Equity A Acc NAV USD
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund managers
  • Luis Carrillosince 17/10/2007
  • Sophie Bosch de Hoodsince 28/02/2014
Fund objective
To provide long term capital growth by investing primarily in a concentrated portfolio of Brazilian companies.
Benchmark
  • MSCI Brazil 10/40 Total Return (Net)
Investment style
Concentrated
Investment method
Shares
Quick stats
1 Year return
26.4%
1 Year rank in sector
7/43
Sector
FO Equity - Latin America
Yield
-
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.
1.8%
Fund size
£209m (£137m 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.
228
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity71%
Templeton Latin Amer40.5%
UBS (L)EqSIC-Brazil$38.1%
Fidelity Latin America37.2%
Parvest Equity Brazil36.6%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Brazil98.8%
    Money Market1.2%
  • Financials30.4%
    Industrials14.7%
    Consumer Discretionary13%
    Energy13%
    Consumer Staples6.2%
  • Brazilian Equities98.8%
    Money Market1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-12.5%-7.7%10.9%26.4%-30.6%-47.3%
Sector-10.1%-8.9%5.5%15.5%-26.7%-34.8%
Rank within sector32 / 4315 / 4311 / 437 / 4333 / 4036 / 36
Quartile3rd2nd2nd1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund40.5%-42.8%-13.6%-20.4%0.4%
Sector22.6%-31.7%-12.5%-14%7.7%
Rank within sector5 / 4339 / 4221 / 4037 / 3834 / 35
Quartile1st4th3rd4th4th
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.
1.86
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.
1.27
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.
-0.05
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%.
31.54
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.
9.05
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.
-0.25
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.
0.97
Price movement
52 week high6.32
52 week low3.27
Current bid price-
Current offer price-
Current mid price5.27
Region
1Brazil98.8%
2Money Market1.2%
Industry sector
1Financials30.4%
2Industrials14.7%
3Consumer Discretionary13%
4Energy13%
5Consumer Staples6.2%
6Utilities6.1%
7Health Care5.5%
8Information Technology4.3%
9Materials4.1%
Asset type
1Brazilian Equities98.8%
2Money Market1.2%
Individual holdings
1PETROLEO BRASILEIRO SA PETROBRAS9.6%
2ITAU UNIBANCO HLDG SA8.6%
3BANCO BRADESCO SA8.5%
4ITAUSA INVESTIMENTOS ITAU SA5.7%
5FLEURY SA4.6%
6KROTON EDUCACIONAL SA4.6%
7LOJAS RENNER SA4.5%
8RAIA DROGASIL SA4.1%
9BB SEGURIDADE PARTICIPACOES SA3.9%
Management
Fund manager group
JP Morgan
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund objective
To provide long term capital growth by investing primarily in a concentrated portfolio of Brazilian companies.
Benchmark
  • MSCI Brazil 10/40 Total Return (Net)
Investment style
Concentrated
Investment method
Shares
Fund managers
NameSinceBiography
Luis Carrillo17/10/2007Luis Carrillo, managing director, is a regional portfolio manager and the head of the Latin America Group, with a specialisation in Mexico, within the Emerging Markets and Asia Pacific Equities Team. He joined the firm in 1998 and is based in New York. Previously, he was with several consulting firms where he offered strategic and financial advice concerning Latin America and Asia. Luis holds a B.S. degree in engineering and a graduate degree in industrial engineering from the Universidad Anahuac in Mexico. He holds an M.B.A. in finance from the Wharton School of the University of Pennsylvania.
Sophie Bosch de Hood28/02/2014Sophie Bosch de Hood, executive director, is a regional portfolio manager for Latin America portfolios, with a specialisation in Brazil, within the Emerging Markets Equity Team based in New York. Sophie joined the firm in 1999 in the client side and in 2001 transitioned to work in research covering consumer and industrial companies in Latin America and EMEA. Sophie holds a B.A. in Business Management from the Wharton School and a B.S. in International Relations from the College of Arts and Science at the University of Pennsylvania. She speaks Spanish, English and Portuguese fluently.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Andorra, Austria, Belgium, Bahrain, Switzerland, Chile, Curacao, Cyprus, Germany, Denmark, Spain, Estonia, European Economic Community, Finland, France, United Kingdom, Greece, Hong Kong, Hungary, Ireland, Italy, Jersey, Luxembourg, Macau, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden, Taiwan - Province Of China
JPM Brazil Equity A Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price42.18
Offer price44.51
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNAV2
JPM Brazil Equity A Acc NAV EUR
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price42.39
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNAV3
JPM Brazil Equity A Acc NAV SGD
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price7.16
CurrencySGD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKLM1
JPM Brazil Equity A Acc NAV USD
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price5.27
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA7O3
JPM Brazil Equity A Acc SGD
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price7.12
Offer price7.52
Mid price-
CurrencySGD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKLM2
JPM Brazil Equity A Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price5.24
Offer price5.53
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA7O2
JPM Brazil Equity A Dis NAV USD
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price4.73
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHSE3
JPM Brazil Equity A Dis USD
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price4.71
Offer price4.97
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHSE2
JPM Brazil Equity C Acc NAV USD
Initial charge-
Annual charge0.85%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.35
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG5S0
JPM Brazil Equity C Acc USD
Initial charge-
Annual charge0.85%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price10.35
Offer price10.35
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG5R9
JPM Brazil Equity D Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price45.01
Offer price47.5
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKFO4
JPM Brazil Equity D Acc NAV EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price45.24
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKFO5
JPM Brazil Equity D Acc NAV USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price4.82
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDRI9
JPM Brazil Equity D Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price4.8
Offer price5.06
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDRI8
JPM Brazil Equity I Acc EUR
Initial charge-
Annual charge0.85%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.06%
Bid price60.82
Offer price60.82
Mid price-
CurrencyEUR
Price updated02/07/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK8B5
JPM Brazil Equity I Acc NAV EUR
Initial charge-
Annual charge0.85%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price60.82
CurrencyEUR
Price updated02/07/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK8B4
JPM Brazil Equity I Acc NAV USD
Initial charge-
Annual charge0.85%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price5.71
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDRJ1
JPM Brazil Equity I Acc USD
Initial charge-
Annual charge0.85%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.01%
Bid price5.71
Offer price5.71
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDRJ0
JPM Brazil Equity T Acc EUR
Initial charge3%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price40.65
Offer price40.65
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMZP6
JPM Brazil Equity T Acc NAV EUR
Initial charge3%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price40.65
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMZP7
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.