Fact sheet: JPMorgan SAR European

Fund information
Fund name
JPMorgan SAR European A NAV
Fund manager company
JP Morgan Funds (Asia) Limited
Fund type
Offshore Fund
Fund managers
  • Richard Webbsince 01/11/2013
  • Joanna Cromptonsince 01/01/2014
  • Stephen Macklow-Smithsince 15/09/1998
Fund objective
To provide investors with long term capital growth in US dollar terms through a portfolio consisting primarily of securities of companies based or operating principally in countries in Western Europe. A portion of the Fund may be invested in companies which are based or operate in other countries in Eastern Europe.
Benchmark
  • MSCI Europe (Net) Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-7%
1 Year rank in sector
143/227
Sector
FO Equity - Europe inc UK
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.
1.12%
Fund size
£489m (£655m 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.
92
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC27%
IVI European23.3%
GS Eur CORE Eq Portfolio20.7%
JOHCM European Sel Val16%
EP Pan European Opportunities14.3%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK27.4%
    France16.2%
    Switzerland14.1%
    Germany13.5%
    Others12.9%
  • Financials17.7%
    Consumer Staples16.9%
    Industrials15.3%
    Health Care12.1%
    Others11%
  • UK Equities27.4%
    French Equities16.2%
    Swiss Equities14.1%
    German Equities13.5%
    International Equities12.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%-4%-5.8%-7%-3.8%43%
Sector3.3%-1.8%-0.9%-5.4%14.5%57.8%
Rank within sector176 / 233173 / 234205 / 232143 / 227191 / 200149 / 175
Quartile4th3rd4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-6.6%3%-4.5%30%21.6%
Sector-4.4%11.1%4.2%21.1%17.6%
Rank within sector160 / 228189 / 213186 / 20025 / 18851 / 177
Quartile3rd4th4th1st2nd
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.
-5.12
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.
0.82
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%.
12.43
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.
7.55
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.
-0.77
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.
0.65
Price movement
52 week high23.42
52 week low19.81
Current bid price-
Current offer price-
Current mid price22.01
Region
1UK27.4%
2France16.2%
3Switzerland14.1%
4Germany13.5%
5Others12.9%
6Netherlands7.5%
7Italy4%
8Spain3.9%
9Money Market0.5%
Industry sector
1Financials17.7%
2Consumer Staples16.9%
3Industrials15.3%
4Health Care12.1%
5Others11%
6Materials9.8%
7Consumer Discretionary9.1%
8Energy7.6%
9Money Market0.5%
Asset type
1UK Equities27.4%
2French Equities16.2%
3Swiss Equities14.1%
4German Equities13.5%
5International Equities12.9%
6Dutch Equities7.5%
7Italian Equities4%
8Spanish Equities3.9%
9Money Market0.5%
Individual holdings
1NESTLE SA4.2%
2NOVARTIS AG3.3%
3BRITISH AMERICAN TOBACCO2.7%
4ROCHE HLDG AG2.6%
5BP2.5%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Funds (Asia) Limited
Fund type
Offshore Fund
Fund objective
To provide investors with long term capital growth in US dollar terms through a portfolio consisting primarily of securities of companies based or operating principally in countries in Western Europe. A portion of the Fund may be invested in companies which are based or operate in other countries in Eastern Europe.
Benchmark
  • MSCI Europe (Net) Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Richard Webb01/11/2013Richard Webb was born in 1963 in the United Kingdom. He gained a BA (Hons) in Modern History and Politics from the University of Durham and an MA in European Management at Cranfield School of Management. Richard began his career in 1987 as an investment analyst at Carnegie International. From 1990 to 1995, he worked for Royal Insurance Asset Management as an investment manager, progressing to Head of European and International Equities. In 1995, Richard joined JP Morgan Asset Management and is currently co-manager (with Alexander Fitzalan-Howard) of the JPM France Selection and JPM Germany Equity. His investment strategy is bottom up, value and growth.
Joanna Crompton01/01/2014Joanna Crompton, vice president, is an investment assistant in the J.P. Morgan Asset Management European Equity Group, in London. An employee since 2007, she was previously a junior client portfolio manager responsible for the preparation of marketing materials, presentations, commentaries and reporting on a range of Behavioural Finance and Research Driven Process funds. Joanna obtained a degree in Economics with Spanish from the University of Nottingham and is a CFA charterholder.
Stephen Macklow-Smith15/09/1998Stephen Macklow-Smith, managing director, is a portfolio manager within the J.P. Morgan Asset Management European Equity Group, responsible for segregated portfolios, the European assets of UK pension funds and the JPMorgan European Investment Trust. An employee since 1997, Stephen was previously head of the European team at HSBC Asset Management. Prior to this, he was a fund manager of European pension fund assets at Henderson Administration. Stephen obtained an M.A. in Classics and Modern Languages from Oxford University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Offshore
JPMorgan SAR European A NAV
Initial charge-
Annual charge1%
Min single investment£2,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price22.01
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK367
JPMorgan SAR European B NAV
Initial charge-
Annual charge-
Min single investment£2,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)0.12%
Bid price-
Offer price-
Mid price25.08
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK366
JPMorgan SAR European C
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 price7.32
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFNT
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.