Fact sheet: JPM GblRealEstSec$

Fund information
Fund name
JPM Global Real Estate Securities (USD) D Acc NAV USD
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund managers
  • Jason Kosince 01/09/2006
  • Piera Elisa Grassisince 05/11/2015
  • James Davidsonsince 05/11/2015
Fund objective
To provide long-term capital growth by investing primarily in a concentrated portfolio of Real Estate Investment Trusts (REITs) and in companies that own, develop, operate or finance real estate, where real estate assets or activities account for more than 50% of the value of such companies' shares (Real Estate Companies).
Benchmark
  • FTSE EPRA NAREIT Developed
Investment style
None
Investment method
Shares
Quick stats
1 Year return
1%
1 Year rank in sector
39/45
Sector
FO Property - International
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.
2.55%
Fund size
£119m (£131m 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.
107
Top in this sector
Fund name1 Year
SKAGEN SKAGEN m231.2%
SEB Fastighets18.4%
Fidelity Gbl Prop16.4%
Third Avenue Real EstVal14.8%
Sarasin IE GblRlEstEq(£)14.8%
...more in FO Property - International

Performance snapshot

Holdings snapshot

  • USA51.9%
    Japan13.5%
    Australia7.5%
    Hong Kong7.3%
    France5.4%
  • Others25.3%
    Retail25%
    Residential - Property12.8%
    Industrials10.4%
    Offices - Property8.2%
  • Property Shares97.8%
    Money Market2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-6.6%1%3.7%33.8%
Sector-2.1%-1.6%5%4.3%18.8%46.1%
Rank within sector19 / 4621 / 4720 / 4639 / 4542 / 4333 / 36
Quartile2nd2nd2nd4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.7%-0.9%-3.7%14%1.7%
Sector1.7%3.4%4.3%16%0.9%
Rank within sector22 / 4737 / 4539 / 4428 / 4220 / 40
Quartile2nd4th4th3rd2nd
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.
-5.96
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.
1.18
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%.
12.62
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.
3.42
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.
-1.44
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.
0.95
Price movement
52 week high11.39
52 week low9.79
Current bid price-
Current offer price-
Current mid price10.48
Region
1USA51.9%
2Japan13.5%
3Australia7.5%
4Hong Kong7.3%
5France5.4%
6UK4.1%
7Germany2.6%
8Canada2%
9Singapore1.6%
Industry sector
1Others25.3%
2Retail25%
3Residential - Property12.8%
4Industrials10.4%
5Offices - Property8.2%
6Health Care5.2%
7Warehousing & Real Estate4.8%
8Leisure & Hotels4.6%
9Industrial - Property2.2%
Asset type
1Property Shares97.8%
2Money Market2.2%
Individual holdings
1PROLOGIS INC5.7%
2SIMON PROPERTY GROUP INC4.9%
3AVALONBAY COMMUNITIES INC4%
4MITSUI FUDOSAN3.8%
5PUBLIC STORAGE2.9%
6SL GREEN REALTY CORP2.8%
7UNIBAIL-RODAMCO2.8%
8DEUTSCHE WOHNEN AG2.6%
9DIGITAL REALTY TRUST INC USD0.012.5%
Management
Fund manager group
J.P. Morgan Asset Management
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 Real Estate Investment Trusts (REITs) and in companies that own, develop, operate or finance real estate, where real estate assets or activities account for more than 50% of the value of such companies' shares (Real Estate Companies).
Benchmark
  • FTSE EPRA NAREIT Developed
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Jason Ko01/09/2006Jason Ko, executive director, is a co-portfolio manager of the U.S./Global/International REIT strategy. An employee since 2002, Jason works with a team covering the REIT sector for the U.S. Equity Group. Previously, Jason worked as a research associate focusing on REITs and cyclicals sectors and as an investment assistant in the U.S. Active Equity Group. Jason holds a B.S. in electrical engineering and a B.A. in economics from Brown University. He is also a CFA charterholder.
Piera Elisa Grassi05/11/2015Piera Elisa Grassi is a portfolio manager in the Global REI (Research Enhanced Index) equity desk, based in London. An employee since 2004, Piera Elisa was previously a portfolio manager and quantitative analyst in Global REI. Prior to joining, Piera Elisa was as a bond quantitative analyst and risk analyst at Foreign and Colonial Asset Management. Before this, she worked for BARRA in London, focusing on equity risk management and portfolio construction. Piera Elisa obtained a Laurea from Bocconi University in Milan.
James Davidson05/11/2015James Davidson, managing director, is a senior portfolio manager in the Global Equities Team, based in London. An employee since 2013, he focuses primarily on research-driven strategies. Prior to joining the firm, James was at Bank of America Merrill Lynch, where he ran the number one global equity sales desk, filtering the output of 700 research analysts. The flagship product was the ‘Globlog’ large cap global equity long/short quarterly portfolio, which he oversaw for 42 quarters. Previously, James spent five years as a US equity portfolio manager with Morgan Grenfell Asset Management. He began his career in Edinburgh on the US equities desk at Baillie Gifford. James obtained a BA in Economics from Sussex University and an MSc in Economic History from Oxford University. He has been a CFA charterholder since 1997.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Bahrain, Switzerland, Curacao, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Greece, Hong Kong, Hungary, Ireland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Norway, Offshore, Poland, Portugal, Singapore, Sweden
JPM Global Real Estate Securities (USD) 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 price11.35
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK849
JPM Global Real Estate Securities (USD) 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 price11.29
Offer price11.92
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK850
JPM Global Real Estate Securities (USD) A Hedged 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 price7.99
Offer price8.43
Mid price-
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCQS7
JPM Global Real Estate Securities (USD) A Hedged 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 price8.03
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCQS8
JPM Global Real Estate Securities (USD) A Hedged Inc 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 price6.52
Offer price6.88
Mid price-
CurrencyEUR
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCQS9
JPM Global Real Estate Securities (USD) A Hedged Inc 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 price6.55
CurrencyEUR
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCQT0
JPM Global Real Estate Securities (USD) A Inc 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 price103.04
CurrencyUSD
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF9OD
JPM Global Real Estate Securities (USD) A Inc 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 price102.52
Offer price108.19
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF9OE
JPM Global Real Estate Securities (USD) C Acc NAV USD
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price152.64
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDRT2
JPM Global Real Estate Securities (USD) C Acc USD
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price152.64
Offer price152.64
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDRT1
JPM Global Real Estate Securities (USD) C Hedged Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price103.19
Offer price103.19
Mid price-
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeABLT
JPM Global Real Estate Securities (USD) C Hedged Acc NAV EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price103.19
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeABLU
JPM Global Real Estate Securities (USD) 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)2.55%
Total expense ratio (TER)2.55%
Bid price-
Offer price-
Mid price10.48
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeV211
JPM Global Real Estate Securities (USD) D Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.55%
Total expense ratio (TER)2.55%
Bid price10.43
Offer price11
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeV210
JPM Global Real Estate Securities (USD) D Hedged Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.55%
Total expense ratio (TER)2.55%
Bid price7.49
Offer price7.91
Mid price-
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDRT3
JPM Global Real Estate Securities (USD) D Hedged Acc NAV EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.55%
Total expense ratio (TER)2.55%
Bid price-
Offer price-
Mid price7.53
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDRT4
JPM Global Real Estate Securities (USD) I Acc NAV USD
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price118.72
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMAP
JPM Global Real Estate Securities (USD) I Acc USD
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price118.72
Offer price118.72
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMAQ
JPM Global Real Estate Securities (USD) I Hedged Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price91.38
Offer price91.38
Mid price-
CurrencyEUR
Price updated18/08/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMAS
JPM Global Real Estate Securities (USD) I Hedged Acc NAV EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price91.38
CurrencyEUR
Price updated18/08/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMAR
JPM Global Real Estate Securities (USD) X Acc NAV USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price12.85
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeV213
JPM Global Real Estate Securities (USD) X Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price12.85
Offer price12.85
Mid price-
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeV212
JPM Global Real Estate Securities (USD) X Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price131.17
Offer price131.17
Mid price-
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCRE3
JPM Global Real Estate Securities (USD) X Hedged Acc NAV EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price131.17
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDRT5
Data provided by

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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.