Fact sheet: JPM Taiwan

Fund information
Fund name
JPM Taiwan A Dist NAV USD
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund managers
  • Howard Wangsince 16/07/2005
  • Taiwan Equity Teamsince 16/04/2010
Fund objective
To provide long-term capital growth by investing primarily in Taiwanese companies.
Benchmark
  • Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
24.6%
1 Year rank in sector
8/32
Sector
FO Equity - Asia Pacific Single Country
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.
1.8%
Fund size
£185m (£193m 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.
133
Top in this sector
Fund name1 Year
Fidelity Indonesia53.1%
Eastspring Inv IndnsEq48.5%
Allianz Indonesia Equity45.7%
Parvest EqIndnsa44.5%
JPM Indonesia Eq42.3%
...more in FO Equity - Asia Pacific Single Country

Performance snapshot

Holdings snapshot

  • Taiwan96.3%
    Money Market3.7%
  • Electronic & Electrical Equipment23.4%
    Semi Conductors19.3%
    Computers9.6%
    Financials8.6%
    Others7.4%
  • Taiwanese Equities96.3%
    Money Market3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6%17.4%16.4%24.6%19.3%51.3%
Sector1.2%9.9%10.7%19.5%7.3%42.2%
Rank within sector2 / 321 / 327 / 328 / 326 / 2913 / 28
Quartile1st1st1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund23.2%-5.2%-1.4%16.1%14.6%
Sector15.2%-11.1%7.7%0.8%24.7%
Rank within sector7 / 3212 / 3328 / 314 / 3023 / 29
Quartile1st2nd4th1st4th
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.
2.5
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.
0.86
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.
0.2
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%.
13.64
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.
7.87
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.
0.21
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.
0.68
Price movement
52 week high16.74
52 week low12.55
Current bid price-
Current offer price-
Current mid price16.74
Region
1Taiwan96.3%
2Money Market3.7%
Industry sector
1Electronic & Electrical Equipment23.4%
2Semi Conductors19.3%
3Computers9.6%
4Financials8.6%
5Others7.4%
6Machinery7.1%
7Textiles & Apparel5.1%
8Money Market3.7%
9Chemicals3.3%
Asset type
1Taiwanese Equities96.3%
2Money Market3.7%
Individual holdings
1TAIWAN SEMICONDUCTOR CO9.9%
2LARGAN PRECISION CO LTD6.2%
3ECLAT TEXTILE CO3.6%
4HON HAI PRECISION INDUSTRY3.4%
5ENNOCONN3.3%
6DELTA ELECTRONICS INC3.1%
7UNI-PRESIDENT ENTERPRISES CORP2.7%
8ADVANCED SEMICONDUCTOR ENGINEERING2.6%
9FORMOSA PETROCHEMICAL CORP2.6%
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 growth by investing primarily in Taiwanese companies.
Benchmark
  • Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Howard Wang16/07/2005Howard Wang graduated from Yale University with a degree in Economics; he has over 18 years of investment experience. Howard investment career began in 1995, when he joined Lazard Freres in New York as a mergers & acquisitions analyst. One year later he joined Morgan Stanley Capital Partners as an analyst. In 1997 he joined Goldman Sachs, later he was appointed as an executive director with the equities principal strategies ream in Hong Kong. He was promoted to the managing director of Taiwan sell side equities business and general manager of the Taipei office. In 2005, Howard joined JF asset Management as a regional investment manager and head of the Greater China team, which forms part of the Pacific Regional Group in Hong Kong. Currently he is the Managing Director, head of the Greater China team, and being responsible for the managing portfolios investing in China, Taiwan, and Hong Kong markets. He is also leading and coordinating the investment process for the Pacific Regional Group's Greater China dedicated portfolio managers located in both Hong Kong and Taipei. He also serves as the primary advisor and liaison with the investment team at JPMAM's Shanghai-based joint venture China International Fund Management.
Taiwan Equity Team16/04/2010
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Curacao, Cyprus, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Greece, Hong Kong, Hungary, Ireland, Italy, Jersey, Luxembourg, Macau, Netherlands, Norway, Offshore, Peru, Poland, Portugal, Singapore, Sweden
JPM Taiwan A Acc $
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 price21.09
Offer price22.15
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08LP
JPM Taiwan A 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 price23.68
Offer price24.99
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE0S0
JPM Taiwan A Acc NAV $
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 price21.09
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08LQ
JPM Taiwan A 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 price23.8
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE0S1
JPM Taiwan 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 price21.17
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJS76
JPM Taiwan 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 price21.06
Offer price22.23
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJS77
JPM Taiwan A Dis HK$
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 price14.93
Offer price15.68
Mid price-
CurrencyHKD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABIH
JPM Taiwan A Dis HKD
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 price14.92
Offer price15.74
Mid price-
CurrencyHKD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeL7N5
JPM Taiwan A Dis NAV HK$
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 price14.93
CurrencyHKD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABKC
JPM Taiwan A Dis NAV HKD
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 price14.99
CurrencyHKD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeL7N6
JPM Taiwan A Dist 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 price16.74
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCI40
JPM Taiwan A Dist 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 price16.66
Offer price17.58
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJQ44
JPM Taiwan A Dist$
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 price16.68
Offer price17.52
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABHG
JPM Taiwan A DistNAV$
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 price16.68
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABJC
JPM Taiwan 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)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price25.6
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJR36
JPM Taiwan 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)0.95%
Total expense ratio (TER)0.95%
Bid price25.6
Offer price25.6
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJR35
JPM Taiwan C Dis NAV USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price117.24
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFB8B
JPM Taiwan C Dis USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price117.24
Offer price117.24
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFB8C
JPM Taiwan 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)2.8%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price17.76
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeRT38
JPM Taiwan D Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price17.67
Offer price18.65
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJQ45
JPM Taiwan I Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price107.17
Offer price107.17
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFGEX
JPM Taiwan I 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)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price107.17
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFGEW
JPM Taiwan I 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)0.91%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price13.29
CurrencyUSD
Price updated25/02/2013
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeV199
JPM Taiwan I Acc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)1.11%
Bid price13.29
Offer price13.29
Mid price-
CurrencyUSD
Price updated25/02/2013
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeV198
JPM Taiwan 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 price82.91
CurrencyUSD
Price updated18/01/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKTX
JPM Taiwan 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 price82.91
Offer price82.91
Mid price-
CurrencyUSD
Price updated18/01/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKTZ
Data provided by

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