Fact sheet: JPM Natural Resources

Fund information
Fund name
JPM Natural Resources C Acc
Fund manager company
JP Morgan Asset Management UK
Fund type
OEIC
Fund managers
  • Plus Teamsince 30/06/2010
  • Neil Gregsonsince 31/01/2012
Fund objective
To invest, primarily in the shares of, companies throughout the world engaged in the production and marketing of commodities. The Fund aims to provide capital growth over the long term.
Benchmark
  • Euromoney Global Mining & Energy Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
113.6%
1 Year rank in sector
4/125
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.
0.93%
Fund size
£777m (£462m 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.
180
Mid price
629.5
Top in this sector
Fund name1 Year
WAY Charteris Gd Prcsml148.4%
MFM Junior Gold139.2%
Old Mutual JPM Nat Res116.4%
JPM Natural Resources113.6%
SF Petrhse Sm Cos Gold101.1%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • North America48%
    UK27.2%
    Europe & Middle East12.9%
    Pacific ex-Japan6.5%
    Money Market2.9%
  • Oil & Gas Exploration & Production21.3%
    Precious Metals & Stones19.6%
    Mineral Extraction18.7%
    Other Metals18.7%
    Oil & Gas - Integrated13.4%
  • Commodity & Energy97.1%
    Money Market2.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.9%14.3%25.4%113.6%9.6%-29.8%
Sector3.9%2%6.3%29.2%21.2%31.6%
Rank within sector25 / 1254 / 1268 / 1264 / 12595 / 11586 / 91
Quartile1st1st1st1st4th4th
Calendar performance
 YTD - 20172016201520142013
Fund6.8%82.1%-34.1%-15.9%-19.4%
Sector2.2%22.7%-4.5%1.2%4.5%
Rank within sector6 / 1247 / 125119 / 120104 / 11599 / 105
Quartile1st1st4th4th4th
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.
-9.08
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.
1.89
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.
-0.01
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%.
26.47
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.
20.37
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.
0.51
Price movement
52 week high624
52 week low276.6
Current bid price-
Current offer price-
Current mid price629.5
Region
1North America48%
2UK27.2%
3Europe & Middle East12.9%
4Pacific ex-Japan6.5%
5Money Market2.9%
6Global Emerging Markets2.5%
Industry sector
1Oil & Gas Exploration & Production21.3%
2Precious Metals & Stones19.6%
3Mineral Extraction18.7%
4Other Metals18.7%
5Oil & Gas - Integrated13.4%
6Money Market2.9%
7Iron & Steel Products2.5%
8Oil & Gas1.2%
9Coal1.1%
Asset type
1Commodity & Energy97.1%
2Money Market2.9%
Individual holdings
1RIO TINTO7%
2BHP BILLITON PLC5.8%
3GLENCORE PLC4.6%
4LUNDIN MINING CORP4.3%
5CHEVRON CORP3.5%
6PIONEER NATURAL RESOURCES CO3.5%
7PAREX RESOURCES INC3.3%
8ROYAL DUTCH SHELL3%
9TOTAL SA3%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Asset Management UK
Fund type
OEIC
Fund objective
To invest, primarily in the shares of, companies throughout the world engaged in the production and marketing of commodities. The Fund aims to provide capital growth over the long term.
Benchmark
  • Euromoney Global Mining & Energy Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Plus Team30/06/2010
Neil Gregson31/01/2012Neil Gregson, managing director, is a portfolio manager in the Global Equities Team based in London, and is a member of the team responsible for global natural resources mandates. Neil joined the team in September 2010 from CQS Asset Management where he was a Senior Portfolio Manager and Head of the Long-Only Business, with particular focus on the natural resources sector. Prior to this, Neil was the head of Emerging Markets at Credit Suisse Asset Management where he managed gold and resource equity funds. Neil began his career holding various positions at mining and resource companies, including a role as a mining investment analyst at South African company Gold Fields. He is a qualified mining engineer.. Education: BSc in Mining Engineering from Nottingham University
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey
JPM Natural Resources
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 price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBYP2
JPM Natural Resources 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 price609.7
CurrencyGBX
Price updated12/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSA20
JPM Natural Resources 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 price42.95
CurrencyGBX
Price updated12/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA0G8
JPM Natural Resources B Acc
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISAYes
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price71.43
CurrencyGBX
Price updated12/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA9V7
JPM Natural Resources C Acc
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISAYes
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price629.5
CurrencyGBX
Price updated12/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGPUM
JPM Natural Resources 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 price43.13
CurrencyGBX
Price updated12/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGPUN
Data provided by

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