Fact sheet: JPM GblEM Inc Tst plc

Fund information
Fund name
JP Morgan Global Emerging Markets Income Trust plc ORD 1P
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund managers
  • Richard Titheringtonsince 28/07/2010
  • Omar Negyalsince 31/10/2013
Accolades
Fund objective
The Company’s investment objective is to provide investors with a dividend income combined with the potential for long term capital growth from a diversified portfolio of emerging markets investments.
Benchmark
  • MSCI Emerging Markets TR (Net)
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
42.9%
1 Year rank in sector
1/10
Sector
IT Global Emerging Markets Equities
Yield
4.3%
Fund size
£339m
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.
174
Mid price
115.25
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.
115.17
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.
-2.32
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.
105
Top in this sector
Fund name1 Year
JPM GblEM Inc Tst plc42.9%
Templeton Emg Mkts41.2%
BlkRck Frontiers Inv Trst31%
Genesis Emerging Mkt28.9%
AbrEmrMrInvCmpLtd25.4%
...more in IT Global Emerging Markets Equities

Performance snapshot

Holdings snapshot

  • No data available.
  • Financials23.8%
    Information Technology16.8%
    Consumer Staples14.2%
    Telecommunications Utilities12.2%
    Consumer Discretionary10.7%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.7%-0.1%25.5%42.9%13%35.8%
Sector-6.4%-2.5%14.4%23%10.7%24.5%
Rank within sector5 / 104 / 101 / 101 / 108 / 94 / 9
Quartile2nd2nd1st1st4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund37.4%-22%6.6%-0.6%21.4%
Sector23%-10.4%1.6%3.3%9.5%
Rank within sector2 / 109 / 102 / 94 / 91 / 9
Quartile1st4th1st2nd1st
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.
-0.51
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.
1.52
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%.
23.27
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.
13.95
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.
-0.02
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.
0.72
Price movement
52 week high127.25
52 week low73
Current bid price115
Current offer price115.5
Current mid price115.25
Region
No data available.
Industry sector
1Financials23.8%
2Information Technology16.8%
3Consumer Staples14.2%
4Telecommunications Utilities12.2%
5Consumer Discretionary10.7%
6Materials5%
7Energy4.8%
8Utilities4.3%
9Industrials3.7%
Asset type
No data available.
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING4%
2VANGUARD INTERNATIONAL LTD2.7%
3BANCO SANTANDER CHILE SA2.6%
4BB SEGURIDADE PARTICIPACOES SA2.6%
5CHINA MOBILE LTD2.5%
6LUKOIL OAO2.4%
7AMBEV SA2.3%
8FUYAO GLASS INDUSTRY GROUP CO LTD2.3%
9KIMBERLY-CLARK DE MEXICO SAB DE CV2.3%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund objective
The Company’s investment objective is to provide investors with a dividend income combined with the potential for long term capital growth from a diversified portfolio of emerging markets investments.
Benchmark
  • MSCI Emerging Markets TR (Net)
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Richard Titherington28/07/2010Richard Titherington, managing director, is the chief investment officer and head of the Emerging Markets and Asia Pacific (EMAP) Equities team based in Hong Kong. An employee since 1986, Richard was part of the Pacific Regional Group from 1994. He was appointed as a managing director in April 2001 and appointed head of the global emerging markets business in December 2001. Prior to 1994 Richard was a US and international pension fund manager, working in the UK until he transferred to Hong Kong in 1992. Before joining the firm, Richard spent two years as an analyst with UKPI in London. Richard obtained an M.A. in politics, philosophy and economics from Oxford University.
Omar Negyal31/10/2013Omar Negyal, executive director, is a portfolio manager within the Emerging Markets and Asia Pacific Equities Team, based in London. An employee since 2012, Omar joined the firm with 14 years of experience in Emerging Markets gained through previous analyst and portfolio management roles at HSBC Global Asset Management, Lansdowne Partners and F&C Asset Management. Omar has an MA, MEng in Chemical Engineering from the University of Cambridge and is a CFA Charterholder.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
JP Morgan Global Emerging Markets Income Trust plc C 10p
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 price103.5
CurrencyGBX
Price updated14/06/2011
Type-
Institutional or retail classRetail
Domicile-
Citi codeNJH9
JP Morgan Global Emerging Markets Income Trust plc ORD 1P
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 price116.19
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJMD
Data provided by

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