Fact sheet: JPM Multi Manager Growth

Fund information
Fund name
JPM Multi Manager Growth C Acc
Fund manager company
JP Morgan Asset Management UK
Fund type
OEIC
Fund managers
  • Jonathan Cummingssince 09/12/2013
  • David Chansince 01/03/2010
  • Katy Thorneycroftsince 31/07/2006
Fund objective
To invest worldwide in any economic sector primarily through investment trusts. The Fund aims to provide capital growth over the long term. Currently, in addition to investment trusts the Fund may also invest in other closed-ended and open-ended funds.
Benchmark
  • FTSE All-Share Equity Investment Instruments Index (Net)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
11%
1 Year rank in sector
200/249
Sector
UT Global
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.
0.83%
Fund size
£356m (£334m 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.
70
Mid price
156.9
Top in this sector
Fund name1 Year
First State Gbl Resrcs60.8%
UBS FTSE RAFI Devlpd 1000 Idx38.3%
Orbis Gbl Eq37.7%
NFU Mutual Global Growth33.5%
Natixis HarsAsGblConcntdEq32.6%
...more in UT Global

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%1.5%11.5%11%26.2%67.1%
Sector-2.3%2.7%14.3%16.4%29.1%69.3%
Rank within sector162 / 265184 / 264192 / 258200 / 249153 / 226134 / 203
Quartile3rd3rd3rd4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund9.7%7.2%6%21.4%12.1%
Sector16.4%3.4%6.7%19.7%9.9%
Rank within sector209 / 25254 / 242154 / 228115 / 21666 / 203
Quartile4th1st3rd3rd2nd
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.
0.72
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.
0.78
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.
0.57
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%.
9.13
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.
4.91
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.
-0.29
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.
0.76
Price movement
52 week high162.6
52 week low126.5
Current bid price-
Current offer price-
Current mid price156.9
Region
1International100%
Industry sector
No data available.
Asset type
1International Equities100%
Individual holdings
1SCOTTISH MORTGAGE INVESTMENT TST5.7%
2ALLIANCE TRUST4.9%
3FINSBURY GROWTH & INCOME TRUST PLC4.6%
4F&C FOREIGN & COLONIAL INVESTMENT TRUST ORD3.1%
5JPMORGAN EMERGING MKTS INV TRUST3%
6RIT CAPITAL PARTNERS2.9%
7ELECTRA PRIVATE EQUITY PLC ORD2.8%
8FRANKLIN TEMPLETON EMERGING MARKETS2.8%
9IMPAX ENVIRONMENTAL MARKETS PLC2.8%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Asset Management UK
Fund type
OEIC
Fund objective
To invest worldwide in any economic sector primarily through investment trusts. The Fund aims to provide capital growth over the long term. Currently, in addition to investment trusts the Fund may also invest in other closed-ended and open-ended funds.
Benchmark
  • FTSE All-Share Equity Investment Instruments Index (Net)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Jonathan Cummings09/12/2013Joe Cummings, CFA, is a member of the Global Multi-Asset Group. An employee since 2005, Joe is responsible for research and portfolio management on absolute return and less benchmark constrained accounts. Prior to this role, he was an analyst with the portfolio construction and investment strategy team within J.P. Morgan's Private Bank in London.
David Chan01/03/2010David Chan, vice president, is a portfolio manager and analyst working on fund of funds portfolios in the Global Multi-Asset Group, based in London. An employee since 1997, David was previously an analyst in the Global Equities Team and prior to this was a performance analyst specialising in risk and attribution within the Performance Analysis Group. Prior to joining the firm, David spent three years as an actuarial trainee at National Provident Institution, having worked as an actuarial principal at Black Horse Life Assurance Company. David started his career as an actuarial assistant at Abbey Life Assurance Company. David obtained a BSc in Mathematics, Operation Research and Economics from the University of Essex and a Postgraduate Diploma in Actuarial Science from City University.
Katy Thorneycroft31/07/2006Katy Thorneycroft is a senior portfolio manager in the Global Multi-Asset Group (””GMAG””), based in London. Katy focuses on the UK pension, Diversified Growth and investment trust funds. An employee since 1999, Katy was previously a member of the GMAG in New York and prior to this was a portfolio manager in the European Equity Group in London focusing on small and mid-cap strategies. Katy obtained an MChem from the University of Oxford and is a CFA charterholder.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
JPM Multi Manager Growth A Acc
Initial charge3%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price804.1
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSA18
JPM Multi Manager Growth A Inc
Initial charge3%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price745.4
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeSA02
JPM Multi Manager Growth B Acc
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price818.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YDV
JPM Multi Manager Growth B Inc
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price748.1
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YDW
JPM Multi Manager Growth C Acc
Initial charge-
Annual charge0.65%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price156.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YDX
JPM Multi Manager Growth C Inc
Initial charge-
Annual charge0.65%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price150.8
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YDY
JPM Multi Manager Growth X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price113.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM24Z
Data provided by

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