Fact sheet: JPMorgan SAR HongKong DolBd

Fund information
Fund name
JPMorgan SAR Hong Kong Dollar Bond A NAV
Fund manager company
JP Morgan Funds (Asia) Limited
Fund type
Offshore Fund
Fund managers
  • Stephen Changsince 01/01/2011
  • Shaw Yann HOsince 31/05/2011
Fund objective
To provide investors with long term capital growth in HK dollar terms through a portfolio consisting primarily of Hong Kong dollar denominated bonds.
Benchmark
  • HSBC Hong Kong Dollar Bond
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
0.4%
1 Year rank in sector
16/31
Sector
FO Fixed Int - Other Single Currency
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.
0.95%
Fund size
£1,045m (£880m 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.
79
Top in this sector
Fund name1 Year
HSBC GIF Brazil Bond37.2%
Aberdeen Gbl Brazil Bond30.6%
Baring China Bond16.9%
Aberdeen Gbl Indian Bond12.3%
Nordea 1 Swedish Bond3%
...more in FO Fixed Int - Other Single Currency

Performance snapshot

Holdings snapshot

  • Hong Kong62.3%
    Korea10.4%
    Singapore7.7%
    Malaysia6.9%
    Australia5%
  • Fixed Interest95.7%
    Money Market4.3%
  • Hong Kong Fixed Interest95.7%
    Money Market4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-2.9%-1.5%0.4%7.5%9%
Sector-1.6%-2.3%-0.9%1.3%5.1%9.7%
Rank within sector22 / 3120 / 3118 / 3116 / 316 / 2412 / 21
Quartile3rd3rd3rd3rd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.5%2.4%4.8%-2.9%4.1%
Sector1.7%-0.9%4.2%-0.3%4.3%
Rank within sector17 / 312 / 278 / 2420 / 228 / 21
Quartile3rd1st2nd4th2nd
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.
0.9
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.
0.92
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
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%.
2.66
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.
1.94
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.
0.39
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.
0.48
Price movement
52 week high21.62
52 week low20.54
Current bid price-
Current offer price-
Current mid price21.01
Region
1Hong Kong62.3%
2Korea10.4%
3Singapore7.7%
4Malaysia6.9%
5Australia5%
6Money Market4.3%
7USA1%
8UK0.8%
9Switzerland0.7%
Industry sector
1Fixed Interest95.7%
2Money Market4.3%
Asset type
1Hong Kong Fixed Interest95.7%
2Money Market4.3%
Individual holdings
1HONG KONG(GOVERNMENT OF) 1.06% BDS 05/02/20 HKD500006.6%
2CMT MTN PTE 2.71% 07/07/263.8%
3IFC DEVELOPMENT CORP TRS 3.4% NTS 26/03/20 HKD10000002%
4MALAYAN BANKING BHD 2.66% MTN 13/05/21 HKD1000000REG S1.9%
5SWIRE PACIFIC MTN FINANCING LTD 3.9% GTD 05/11/30 HKD10000001.8%
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 HK dollar terms through a portfolio consisting primarily of Hong Kong dollar denominated bonds.
Benchmark
  • HSBC Hong Kong Dollar Bond
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Stephen Chang01/01/2011Stephen Chang, managing director, is head of the Asian Fixed Income team within the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Hong Kong, his team is responsible for managing bond portfolios in the region and is active in Asian credit instruments across investment grade and high yield to local currency bonds and convertibles. In addition, his responsibilities include setting macro and asset allocation strategy as part of the broader emerging market debt team. Prior to joining the firm in 2004, Stephen worked with the Royal Bank of Scotland in Hong Kong as senior interest rates and derivatives trader. Previously he was based in New York with Fischer Francis Trees & Watts, Inc. as a global fixed income portfolio analyst and was later appointed as a global fixed income portfolio manager. He holds a B.Sc. in computer science from Cornell University, an M.Sc. in management science from Stanford University and is a CFA charterholder.
Shaw Yann HO31/05/2011Shaw-Yann Ho, Vice President of JFIMI, is the head of Asian Credit on the Asia Fixed Income Team. In this role, Ms. Ho manages Asian portfolios as well as contributes Asian credit expertise to Emerging Market Debt and other global funds. Ms. Ho joined the firm in 2011. Prior to this, she was a senior credit analyst at ING Investment Management. Prior to ING, she was a credit analyst at both Mirae Asset Management and Standard Chartered Bank, where she produced sell-side credit research covering both local currency and USD credits in various sectors. Ms. Ho earned a BSc. (Hons) in Finance from University of Warwick.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Offshore
JPMorgan SAR Hong Kong Dollar Bond A NAV
Initial charge-
Annual charge0.8%
Min single investment£16,000
Min regular saving£16,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price21.01
CurrencyHKD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK359
JPMorgan SAR Hong Kong Dollar Bond B NAV
Initial charge-
Annual charge-
Min single investment£16,000
Min regular saving£16,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price23.31
CurrencyHKD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK358
Data provided by

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