Fact sheet: JPM Global Financials

Fund information
Fund name
JPM Global Financials A Acc
Fund manager company
JP Morgan Asset Management UK
Fund type
OEIC
Fund managers
  • Simon Poncetsince 31/08/2010
  • James Cooksince 01/02/2016
Fund objective
To provide capital growth over the long term by investing throughout the world primarily in financial services sectors.
Benchmark
  • MSCI ACWI Financials Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
55.1%
1 Year rank in sector
-
Sector
UT Specialist
Yield
1.1%
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.
1.68%
Fund size
£136m (£112m 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.
129
Mid price
974.6
Top in this sector
Fund name1 Year
WAY Charteris Gd Prcsml128.2%
SF Petrhse Sm Cos Gold106.7%
MFM Junior Gold97.5%
Old Mutual JPM Nat Res97.2%
JPM Natural Resources94.4%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • North America51.8%
    Europe & Middle East15.2%
    Global Emerging Markets14.1%
    Pacific ex-Japan6.4%
    UK5.9%
  • Banks41.9%
    Insurance27%
    Financials12.9%
    Banks - Retail10.3%
    Consumer Credit & Leasing6.7%
  • North American Equities51.8%
    International Equities15.2%
    Global Emerging Market Equities14.1%
    Asia Pacific ex Japan Equities6.4%
    UK Equities5.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%11.8%25.6%55.1%50.5%90.8%
Sector1.2%7.6%5.3%31.8%23.2%29%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund5.3%25.9%0.7%9.2%21.3%
Sector4.1%22.7%-4.5%1.2%4.5%
Rank within sector-----
Quartile
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.
8.07
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.
0.73
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.
0.74
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%.
13.98
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.
12.17
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.
0.41
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.
0.26
Price movement
52 week high979.3
52 week low630.7
Current bid price-
Current offer price-
Current mid price974.6
Region
1North America51.8%
2Europe & Middle East15.2%
3Global Emerging Markets14.1%
4Pacific ex-Japan6.4%
5UK5.9%
6Japan5.4%
7Money Market1.2%
Industry sector
1Banks41.9%
2Insurance27%
3Financials12.9%
4Banks - Retail10.3%
5Consumer Credit & Leasing6.7%
6Money Market1.2%
Asset type
1North American Equities51.8%
2International Equities15.2%
3Global Emerging Market Equities14.1%
4Asia Pacific ex Japan Equities6.4%
5UK Equities5.9%
6Japanese Equities5.4%
7Money Market1.2%
Individual holdings
1WELLS FARGO & CO7.1%
2BANK OF AMERICA CORP6%
3CITIGROUP INC5.6%
4ROYAL BANK OF CANADA3.9%
5MORGAN STANLEY3.7%
6GOLDMAN SACHS GROUP INC3.4%
7CHUBB CORP3.2%
8METLIFE INC3%
9AIA GROUP LTD2.7%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Asset Management UK
Fund type
OEIC
Fund objective
To provide capital growth over the long term by investing throughout the world primarily in financial services sectors.
Benchmark
  • MSCI ACWI Financials Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Simon Poncet31/08/2010Present: Vice President, research analyst in the European Equity Research Team with responsibility for the European banks & financials 1996: Joined the firm 1994: Auditor for Coopers and Lybrand in Paris Education / Qualification: Master (Economics and Political Science) - Political Sciences Institute of Paris MBA - London Business School Chartered Financial Analyst (CFA)
James Cook01/02/2016James Cook is a portfolio manager responsible for managing our Global Strategic Beta strategies and our Emerging Market and Asia ex-Japan portfolios on the Research Enhanced Index equity desk. Prior to this, James was a research analyst responsible for covering the developed Asia financial stocks. An employee since 2007, James previously worked as an assistant research analyst on the European mining desk and worked at J.P. Morgan Investment Bank (in Hong Kong) as an intern on the equity research desk, focusing on the conglomerates sector. James obtained a BSc (Hons) in Economics from University College London and is a CFA charterholder.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
JPM Global Financials 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 price974.6
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeRT03
JPM Global Financials 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 price54.18
CurrencyGBX
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA0G5
JPM Global Financials 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 price995.7
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YDA
JPM Global Financials 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 price201.7
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YDC
JPM Global Financials 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 price186.1
CurrencyGBX
Price updated20/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YDD
Data provided by

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