Fact sheet: JPM Europe

Fund information
Fund name
JPM Europe C Acc
Fund manager company
JP Morgan Asset Management UK
Fund type
OEIC
Fund managers
  • Stephen Macklow-Smithsince 31/08/2011
  • Nicholas Hornesince 30/06/2012
  • Alexander Fitzalan Howardsince 31/08/2011
Fund objective
To provide a portfolio primarily invested in the shares of European companies in any economic sector. The Fund aims to provide capital growth over the long term.
Benchmark
  • FTSE All-World Developed Europe (ex UK) Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
8.3%
1 Year rank in sector
52/96
Sector
UT Europe Excluding UK
Yield
1.8%
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.
0.93%
Fund size
£175m (£182m 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.
108
Mid price
153.2
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap30.9%
Liontrust European Growth18.4%
Neptune European Opps18.4%
Aviva Inv Euro Equity MoM 217.8%
FP CRUX Eurpn Spl Sits15.5%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France21.2%
    Germany21.1%
    Switzerland17.1%
    Netherlands7.7%
    Spain7%
  • Financials20.5%
    Consumer Goods17%
    Industrials13.9%
    Health Care10.9%
    Basic Materials10.3%
  • French Equities21.2%
    German Equities21.1%
    Swiss Equities17.1%
    Dutch Equities7.7%
    Spanish Equities7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7%-2.2%5.8%8.3%22.4%80.1%
Sector-6.3%-2.1%5.9%8.1%18.2%71.4%
Rank within sector76 / 10148 / 10052 / 9952 / 9625 / 8723 / 79
Quartile4th2nd3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.1%10.3%1.1%30.6%18.7%
Sector7%9.1%-0.7%27.3%19.2%
Rank within sector53 / 9839 / 9124 / 8713 / 8145 / 79
Quartile3rd2nd2nd1st3rd
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
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.
1.05
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.
0.36
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%.
11.43
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.
1.74
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.
0.71
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.
0.98
Price movement
52 week high168.4
52 week low125.8
Current bid price-
Current offer price-
Current mid price153.2
Region
1France21.2%
2Germany21.1%
3Switzerland17.1%
4Netherlands7.7%
5Spain7%
6Belgium5%
7Denmark5%
8Sweden3.8%
9Money Market3.6%
Industry sector
1Financials20.5%
2Consumer Goods17%
3Industrials13.9%
4Health Care10.9%
5Basic Materials10.3%
6Oil & Gas7.6%
7Consumer Services6.4%
8Utilities3.8%
9Technology3.7%
Asset type
1French Equities21.2%
2German Equities21.1%
3Swiss Equities17.1%
4Dutch Equities7.7%
5Spanish Equities7%
6Belgian Equities5%
7Danish Equities5%
8Swedish Equities3.8%
9Money Market3.6%
Individual holdings
1NESTLE SA5.5%
2ROCHE HLDG AG3.8%
3NOVARTIS AG3.7%
4TOTAL SA2.8%
5SANOFI2.6%
6ANHEUSER-BUSCH INBEV SA/NV2.3%
7BASF SE2.3%
8ING GROEP N.V.2.3%
9SIEMENS AG2.1%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Asset Management UK
Fund type
OEIC
Fund objective
To provide a portfolio primarily invested in the shares of European companies in any economic sector. The Fund aims to provide capital growth over the long term.
Benchmark
  • FTSE All-World Developed Europe (ex UK) Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Stephen Macklow-Smith31/08/2011Stephen Macklow-Smith, managing director, is a portfolio manager within the J.P. Morgan Asset Management European Equity Group, responsible for segregated portfolios, the European assets of UK pension funds and the JPMorgan European Investment Trust. An employee since 1997, Stephen was previously head of the European team at HSBC Asset Management. Prior to this, he was a fund manager of European pension fund assets at Henderson Administration. Stephen obtained an M.A. in Classics and Modern Languages from Oxford University.
Nicholas Horne30/06/2012Nicholas 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.
Alexander Fitzalan Howard31/08/2011Alexander Fitzalan Howard, managing director, is a portfolio manager within the J.P. Morgan Asset Management European Equity Group managing both institutional and retail products. An employee since 1986, Alexander was previously an investment manager with the J.P. Morgan Asset Management North American Portfolios Group, most recently running the desk. Before this, Alexander was involved in the development of the Czechoslovakia Investment Corporation Inc., and responsible for the establishment of the first Czech domestic mutual funds managed by Investicni Banka and administered by Save & Prosper. Prior to this, he assisted in the fund management of the Save & Prosper financial sector unit trusts and was responsible for analytical coverage of the financial and media sectors. Alexander obtained a B.A. (Hons) in Modern History from Oxford University.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Chile, United Kingdom, Jersey
JPM Europe
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 price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBYP1
JPM Europe A Acc
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price1152
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHX19
JPM Europe A Inc
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price65.53
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA0G4
JPM Europe B Acc
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price153.9
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMD3
JPM Europe C Acc
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price153.2
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03RZ
JPM Europe C Inc
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price148.3
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBEG3
JPM Europe I Acc
Initial charge-
Annual charge0.6%
Min single investment£20,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price520
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KZ6
JPM Europe X Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price341.8
CurrencyGBX
Price updated29/08/2014
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0KZ7
Data provided by

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