Fact sheet: JPMorgan Provident Capital

Fund information
Fund name
JPMorgan Provident Capital M
Fund manager company
JP Morgan Funds (Asia) Limited
Fund type
Unit Trust
Fund manager
No data available.
Fund objective
To minimise its short-term capital risk in Hong Kong dollar terms and to outperform Hong Kong dollar deposit rates over the long term through a professionally managed portfolio of interests in collective investment schemes managed by the Manager or its Connected Persons. The underlying asset mix of the Trust will have a major bias towards investment in HK$ and US$ bonds to ensure that the capital value and income stability of the portfolio is maintained whilst balancing this with a minor exposure to global equities to provide the potential for some capital appreciation for the portfolio.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Equity, Fixed Interest
Quick stats
1 Year return
6.7%
1 Year rank in sector
34/96
Sector
FO Mixed Asset - Cautious
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.
0.85%
Fund size
£644m (£598m 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.
81
Top in this sector
Fund name1 Year
Polar Capital IncmOpps23.8%
HSBC Pfl World Seltn 118%
SEI Core16.1%
Ashmore SICV3EmMktMltAst15.1%
TreeTop Convertible Intl14.1%
...more in FO Mixed Asset - Cautious

Performance snapshot

Holdings snapshot

  • Americas68.8%
    Hong Kong13.1%
    Japan6.5%
    Europe5.8%
    Asia Pacific ex Japan4%
  • Fixed Interest61.1%
    Equities37.2%
    Money Market1.7%
  • Global Fixed Interest61.1%
    International Equities37.2%
    Money Market1.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%3.2%2.9%6.7%--
Sector0.7%1.9%2%5.2%8.8%18.3%
Rank within sector20 / 10410 / 10434 / 10034 / 96--
Quartile1st1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund4.8%3.5%-1.5%--
Sector2.4%3.6%-0.7%4.3%4.2%
Rank within sector9 / 10150 / 9258 / 80--
Quartile1st3rd3rd
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 high224.14
52 week low207.79
Current bid price-
Current offer price-
Current mid price224.15
Region
1Americas68.8%
2Hong Kong13.1%
3Japan6.5%
4Europe5.8%
5Asia Pacific ex Japan4%
6Money Market1.7%
7Global Emerging Markets0.1%
Industry sector
1Fixed Interest61.1%
2Equities37.2%
3Money Market1.7%
Asset type
1Global Fixed Interest61.1%
2International Equities37.2%
3Money Market1.7%
Individual holdings
1JPMIF - GLOBAL HIGH YIELD BOND FUND1.7%
2HSBC HLDGS1.2%
3TENCENT HLDGS LTD1.2%
4UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1001.2%
5US TREASURY 3.5% 15/02/181.1%
Management
Fund manager group
J.P. Morgan Asset Management
Fund manager company
JP Morgan Funds (Asia) Limited
Fund type
Unit Trust
Fund objective
To minimise its short-term capital risk in Hong Kong dollar terms and to outperform Hong Kong dollar deposit rates over the long term through a professionally managed portfolio of interests in collective investment schemes managed by the Manager or its Connected Persons. The underlying asset mix of the Trust will have a major bias towards investment in HK$ and US$ bonds to ensure that the capital value and income stability of the portfolio is maintained whilst balancing this with a minor exposure to global equities to provide the potential for some capital appreciation for the portfolio.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Equity, Fixed Interest
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Offshore
JPMorgan Provident Capital
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price254.73
CurrencyHKD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK353
JPMorgan Provident Capital M
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price224.15
CurrencyHKD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM3ZT
Data provided by

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