Fact sheet: JPM MulManAlt

Fund information
Fund name
JPM Multi-Manager Alternatives C Hedged Acc GBP
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund managers
  • Christopher J Marshallsince 11/01/2016
  • Paul A Zummosince 11/01/2016
  • Randy P Wachtelsince 11/01/2016
Fund objective
To provide long-term capital appreciation by investing in multiple eligible asset classes globally, employing a variety of non-traditional or alternative strategies and techniques and using financial derivative instruments where appropriate.
Benchmark
  • ICE 1 Month USD LIBOR
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Hedge/Stru Prod - Mixed
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%
Fund size
£162m (£139m last year)
Top in this sector
Fund name1 Year
LFIS VisionPremiaOpps19.4%
Castellain Value16.6%
Garraway Garr FT14.6%
Avia Altus13.8%
Pimco GIS Stk Pl10.7%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%-0.8%0.3%---
Sector-0.1%-1.6%-0.5%-1.7%3.5%6.6%
Rank within sector27 / 12174 / 14352 / 138---
Quartile1st3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector-1.3%-0.6%5.1%1.4%1.9%
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high70.95
52 week low67.08
Current bid price70.28
Current offer price70.28
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
JP Morgan
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund objective
To provide long-term capital appreciation by investing in multiple eligible asset classes globally, employing a variety of non-traditional or alternative strategies and techniques and using financial derivative instruments where appropriate.
Benchmark
  • ICE 1 Month USD LIBOR
Investment style
Multi Strategy
Investment method
Mixed
Fund managers
NameSinceBiography
Christopher J Marshall11/01/2016Christopher Marshall, Executive Director, is a co-secondary portfolio manager for the Underlying Sub-Fund, responsible for investment analysis, research, and due diligence with a concentration in relative value, macro/opportunistic, and credit strategies. He is a member of the JPMAAM Portfolio Management Group. Prior to joining JPMAAM in July 2007, Mr. Marshall founded equity derivatives trading broker/dealer Marshall Derivatives, LLC. He holds the Chartered Financial Analyst (CFA) designation.
Paul A Zummo11/01/2016Paul Zummo, Managing Director, is Chief Executive Officer and Chief Investment Officer of JPMAAM and a lead portfolio manager for the Underlying Sub-Fund. He is head of the JPMAAM Portfolio Management Group and a member of the JPMAAM Investment Committee. Mr. Zummo co-founded JPMAAM in 1994. Prior to that, Mr. Zummo served as the manager of retirement plan investments for the Interpublic Group of Companies from 1992 to 1994, where he was responsible for analysis, asset allocation, and manager selection. From 1990 to 1992, he worked at the former Chase organization as an investment analyst and consultant for institutional clients of the Chase Consulting Group. Mr. Zummo received a B.S. from the State University of New York at Albany and an M.B.A. from New York University. He holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute.
Randy P Wachtel11/01/2016Randy Eachtel, Managing Director, is a co-secondary portfolio manager for the Underlying Sub-Fund, responsible for investment analysis, research and due diligence with a focus in long/short equity, merger arbitrage/event driven, and portfolio hedge strategies. He is a member of the JPMAAM Portfolio Management Group. Prior to joining JPMAAM in April 2001, Mr. Wachtel worked for Ernst & Young, LLP where he was a staff auditor in the financial services practice from 1999 to 2001. Mr. Wachtel holds a B.S. in Accounting from the University of Connecticut.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Iceland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Sweden
JPM Multi-Manager Alternatives 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)2.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.88
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE59L
JPM Multi-Manager Alternatives A Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.85%
Total expense ratio (TER)-
Bid price101.37
Offer price106.97
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE59M
JPM Multi-Manager Alternatives A Hedged Acc CHF
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.85%
Total expense ratio (TER)-
Bid price100.73
Offer price106.3
Mid price-
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE5TP
JPM Multi-Manager Alternatives 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)2.85%
Total expense ratio (TER)-
Bid price92.3
Offer price97.4
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE5TN
JPM Multi-Manager Alternatives A Hedged Acc NAV CHF
Initial charge5%
Annual charge1.5%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.24
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE5TO
JPM Multi-Manager Alternatives 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)2.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.76
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE5TM
JPM Multi-Manager Alternatives 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)2%
Total expense ratio (TER)-
Bid price95.33
Offer price95.33
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE59O
JPM Multi-Manager Alternatives 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)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.33
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE59N
JPM Multi-Manager Alternatives C Acc NAV USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.67
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE59P
JPM Multi-Manager Alternatives C Acc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price102.67
Offer price102.67
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE59Q
JPM Multi-Manager Alternatives C Hedged Acc CHF
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price102
Offer price102
Mid price-
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE5TR
JPM Multi-Manager Alternatives C Hedged Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price93.53
Offer price93.53
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE59J
JPM Multi-Manager Alternatives C Hedged Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price70.28
Offer price70.28
Mid price-
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE59H
JPM Multi-Manager Alternatives C Hedged Acc NAV CHF
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE5TQ
JPM Multi-Manager Alternatives C Hedged 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)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.53
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE59K
JPM Multi-Manager Alternatives C Hedged Acc NAV SEK
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1005.88
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEA6H
JPM Multi-Manager Alternatives C Hedged Acc Nav GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price70.28
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE59I
JPM Multi-Manager Alternatives C Hedged Acc SEK
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price1005.88
Offer price1005.88
Mid price-
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEA6I
JPM Multi-Manager Alternatives 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)3.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.16
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE59F
JPM Multi-Manager Alternatives D Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.6%
Total expense ratio (TER)-
Bid price100.65
Offer price106.22
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE59G
JPM Multi-Manager Alternatives 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)3.6%
Total expense ratio (TER)-
Bid price91.74
Offer price96.81
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE59E
JPM Multi-Manager Alternatives 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)3.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.2
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE59D
JPM Multi-Manager Alternatives S Acc NAV USD
Initial charge-
Annual charge0.38%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.32
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE62Z
JPM Multi-Manager Alternatives S Acc USD
Initial charge-
Annual charge0.38%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)-
Bid price103.32
Offer price103.32
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE63A
JPM Multi-Manager Alternatives S Hedged Acc EUR
Initial charge-
Annual charge0.38%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)-
Bid price100.89
Offer price100.89
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEA3F
JPM Multi-Manager Alternatives S Hedged Acc NAV EUR
Initial charge-
Annual charge0.38%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.89
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEA3E
JPM Multi-Manager Alternatives S Hedged Acc NAV SEK
Initial charge-
Annual charge0.38%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1007.64
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEA6J
JPM Multi-Manager Alternatives S Hedged Acc SEK
Initial charge-
Annual charge0.38%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)-
Bid price1007.64
Offer price1007.64
Mid price-
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEA6K
JPM Multi-Manager Alternatives X Hedged Dis AUD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price10.11
Offer price10.11
Mid price-
CurrencyAUD
Price updated21/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE9GI
JPM Multi-Manager Alternatives X Hedged Dis NAV AUD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.11
CurrencyAUD
Price updated21/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE9GJ
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.