Fact sheet: JPM Emg Mkts IT plc

Fund information
Fund name
JP Morgan Emerging Markets IT plc
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund managers
  • Austin Foreysince 01/01/1994
Accolades
 Winner - Emerging Markets
Fund objective
Capital growth from emerging markets worldwide.
Benchmark
  • MSCI Emerging Markets Free Index
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
18.5%
1 Year rank in sector
8/10
Sector
IT Global Emerging Markets Equities
Yield
1.4%
Fund size
£837m
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.
138
Mid price
665
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.
773.21
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.
-12.96
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.
101
Top in this sector
Fund name1 Year
Templeton Emg Mkts36%
JPM GblEM Inc Tst plc33%
BlkRck Frontiers Inv Trst26.7%
Genesis Emerging Mkt25.8%
Abr Frn Mr Inv CmpLtd25.2%
...more in IT Global Emerging Markets Equities

Performance snapshot

Holdings snapshot

  • No data available.
  • Financials29.8%
    Information Technology27.6%
    Consumer Staples18.8%
    Industrials8.3%
    Consumer Discretionary6.7%
  • No data available.

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-11.2%-2.4%17.5%18.5%20.1%34.6%
Sector-7.2%0.2%18.5%21.9%9.1%27.8%
Rank within sector9 / 108 / 107 / 108 / 103 / 94 / 9
Quartile4th4th3rd4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund23.6%-7.5%10.1%-7.2%15.5%
Sector24.4%-10.4%1.6%3.3%9.5%
Rank within sector7 / 105 / 101 / 96 / 94 / 9
Quartile3rd2nd1st3rd2nd
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.
4.02
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.
1.14
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.
0.37
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%.
15.82
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.
7.18
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.
0.61
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.
0.8
Price movement
52 week high765
52 week low483
Current bid price663.5
Current offer price665
Current mid price665
Region
No data available.
Industry sector
1Financials29.8%
2Information Technology27.6%
3Consumer Staples18.8%
4Industrials8.3%
5Consumer Discretionary6.7%
6Materials3.3%
7Energy2.2%
8Health Care1.8%
9Others0.9%
Asset type
No data available.
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING5.3%
2HOUSING DEVELOPMENT FINANCE CORP5.2%
3HOUSING DEVELOPMENT FINANCE CORP5.2%
4TENCENT HLDGS LTD4.5%
5INDUSIND BANK LIMITED3.8%
6INDUSIND BANK LIMITED3.8%
7AIA GROUP LTD3.7%
8TATA CONSULTANCY SERVICES2.9%
9TATA CONSULTANCY SERVICES2.9%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund objective
Capital growth from emerging markets worldwide.
Benchmark
  • MSCI Emerging Markets Free Index
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Austin Forey01/01/1994Austin Forey, managing director, is a portfolio manager responsible for Global Emerging Markets portfolios based in London. An employee since 1988, Austin has fulfilled his role as Global Emerging Markets portfolio manager since 1994. Prior to this he worked in the UK market, where he was deputy head of UK research. Before this, Austin worked as research analyst covering engineering, and subsequently all financial sectors, including property; other responsibilities included co-management of a mid-cap investment trust, and two specialist unit trusts. Austin obtained a B.A. in modern languages from Cambridge University, and earned a Ph.D. in modern languages from Cambridge University.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
JP Morgan Emerging Markets IT plc
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 price775.57
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJNM
JP Morgan Emerging Markets IT plc Sub
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1
Offer price20
Mid price10.5
CurrencyGBX
Price updated01/08/2014
Type-
Institutional or retail classRetail
Domicile-
Citi codeFPK5
Data provided by

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