Fact sheet: JPM Eur Div Alpha

Fund information
Fund name
JPM Europe Dividend Alpha C Acc NAV EUR
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund managers
  • Thomas Buckinghamsince 31/01/2015
  • Philippa Cloughsince 01/11/2013
  • Nicholas Hornesince 29/04/2013
Fund objective
To provide a long-term return by having exposure primarily to high dividend-yielding equity securities of European companies whilst aiming to minimise the exposure to European equity market risk through the use of financial derivative instruments.
Benchmark
  • ICE 1 Month EUR LIBOR
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-1.9%
1 Year rank in sector
-
Sector
FO Equity - Europe inc UK
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.
0.96%
Fund size
£51m (£39m last year)
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC47.7%
EP Pan European Opportunities33%
GS Eur CORE Eq Portfolio31.5%
IVI European31.2%
Sparinvest Eurpn Val28.5%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK38.8%
    France12.4%
    Germany9.9%
    Spain7.2%
    Sweden5.9%
  • Financials29.3%
    Industrials15.1%
    Energy10.1%
    Consumer Discretionary9.1%
    Consumer Staples8.6%
  • UK Equities38.8%
    French Equities12.4%
    German Equities9.9%
    Spanish Equities7.2%
    Swedish Equities5.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%-0.5%0.2%-1.9%2.2%-
Sector0.8%4.5%7.5%10.5%18.8%54.8%
Rank within sector175 / 233231 / 234220 / 231---
Quartile4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-0.8%----
Sector4%-0.6%11.1%4.2%21.1%
Rank within sector230 / 233----
Quartile4th
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.
0.97
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.
-0.03
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
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%.
2.59
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.
12.93
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.
-0.28
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.
0.02
Price movement
52 week high101.71
52 week low99.81
Current bid price-
Current offer price-
Current mid price100.38
Region
1UK38.8%
2France12.4%
3Germany9.9%
4Spain7.2%
5Sweden5.9%
6Finland4.9%
7Norway4.8%
8Italy4.5%
9Switzerland4.5%
Industry sector
1Financials29.3%
2Industrials15.1%
3Energy10.1%
4Consumer Discretionary9.1%
5Consumer Staples8.6%
6Utilities6.6%
7Real Estate5.9%
8Materials5.5%
9Telecommunications Utilities5%
Asset type
1UK Equities38.8%
2French Equities12.4%
3German Equities9.9%
4Spanish Equities7.2%
5Swedish Equities5.9%
6Finnish Equities4.9%
7Norwegian Equities4.8%
8Italian Equities4.5%
9Swiss Equities4.5%
Individual holdings
1ROYAL DUTCH SHELL3.1%
2HSBC HLDGS2.3%
3BP1.8%
4TOTAL SA1.7%
5BRITISH AMERICAN TOBACCO1.6%
6UNILEVER1.6%
7GLAXOSMITHKLINE1.4%
8SANOFI1.4%
9SIEMENS AG1.4%
Management
Fund manager group
JP Morgan
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund objective
To provide a long-term return by having exposure primarily to high dividend-yielding equity securities of European companies whilst aiming to minimise the exposure to European equity market risk through the use of financial derivative instruments.
Benchmark
  • ICE 1 Month EUR LIBOR
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Thomas Buckingham31/01/2015Thomas Buckingham, is a portfolio manager within the J. P. Morgan Asset Management European Equity Group, based in London. An employee since 2007, he obtained a BEng degree in Aerospace Engineering from the University of Surrey. Thomas is a CFA charter holder.
Philippa Clough01/11/2013Philippa Clough, associate, is a portfolio manager for the J.P. Morgan Asset Management European Equity Group, based in London. An employee since 2010, Philippa obtained an MMath in Mathematics from Oxford University. Philippa has passed the CFA Level 3 examination.
Nicholas Horne29/04/2013Nicholas Horne, associate, is a portfolio manager in the J.P. Morgan Asset Management European Equity Group. An employee since 2006, he did his investment banking internship at the M & A Group at Trenwith Securities. Before that, he did an internship in private wealth management at Smith Barney. Nick holds a BSM in Finance and International Relations from Tulane University, and an MSc in Politics of the World Economy from the London School of Economics. Nick is a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Curacao, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Greece, Ireland, Italy, Jersey, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Sweden
JPM Europe Dividend Alpha C Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price100.38
Offer price100.38
Mid price-
CurrencyEUR
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAFS
JPM Europe Dividend Alpha C Acc NAV EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.38
CurrencyEUR
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAFT
JPM Europe Dividend Alpha I Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.91%
Bid price106.99
Offer price106.99
Mid price-
CurrencyEUR
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF85U
JPM Europe Dividend Alpha I Acc NAV EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price106.99
CurrencyEUR
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF85V
JPM Europe Dividend Alpha I Inc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.08
CurrencyEUR
Price updated22/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNS4E
JPM Europe Dividend Alpha X Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)0.15%
Bid price97.77
Offer price97.77
Mid price-
CurrencyEUR
Price updated22/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF85W
JPM Europe Dividend Alpha X Inc NAV EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price97.77
CurrencyEUR
Price updated22/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF85X
Data provided by

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