Fact sheet: JPMorganEurnSmallerCoTstPLC 5P

Fund information
Fund name
JP Morgan European Smaller Companies Trust PLC Ord 5P
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund managers
  • Jim Campbellsince 31/03/1990
  • Francesco Contesince 31/03/1990
Fund objective
The Company Company aims to provide provide capital capital growth from a diversified diversified portfolio portfolio of smaller smaller European European companies companies (excluding (excluding the United Kingdom). Kingdom). As the emphasis emphasis is on capital capital growth rather than income, income, shareholders shareholders should expect the dividend dividend to vary from year to year. The company company has the ability ability to use borrowing borrowing to gear the portfolio portfolio within the range of 20% net cash to 20% geared in normal market conditions. conditions.
Benchmark
  • Euromoney Smaller European Companies (ex UK) Index
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
22.2%
1 Year rank in sector
3/4
Sector
IT European Smaller Companies
Yield
1.4%
Fund size
£497m
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.
119
Mid price
310.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
361.69
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-14.15
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
111
Top in this sector
Fund name1 Year
TR European Gth Tst PLC48.8%
Montanaro European Smlr Co Tst27%
JPMorganEurnSmallerCoTstPLC 5P22.2%
European Assets Trust15%
...more in IT European Smaller Companies

Performance snapshot

Holdings snapshot

  • No data available.
  • Industrials34.3%
    Consumer Discretionary20.3%
    Information Technology13.4%
    Consumer Staples8.2%
    Financials7.8%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.5%11.9%5.3%22.2%36.6%124.5%
Sector3.9%12.5%10%27.3%36.3%127.1%
Rank within sector4 / 42 / 43 / 43 / 42 / 43 / 4
Quartile4th2nd3rd3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund6%1.9%44.1%-9.4%59.6%
Sector8.4%5.9%31.4%-5.5%47%
Rank within sector4 / 43 / 41 / 43 / 42 / 4
Quartile4th3rd1st3rd2nd
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.
-0.49
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.
1.08
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.
0.4
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%.
18.02
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.
7.51
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
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.
0.83
Price movement
52 week high314.5
52 week low250
Current bid price309.5
Current offer price311.5
Current mid price310.5
Region
No data available.
Industry sector
1Industrials34.3%
2Consumer Discretionary20.3%
3Information Technology13.4%
4Consumer Staples8.2%
5Financials7.8%
6Materials4.9%
7Others4.5%
8Health Care4.4%
9Energy2.2%
Asset type
No data available.
Individual holdings
1DATALOGIC SPA2.4%
2UBISOFT ENTERTAINMENT2.4%
3BUZZI UNICEM SPA2.3%
4IPSOS2.3%
5REMY COINTREAU2.3%
6TRIGANO2.3%
7AMPLIFON SPA2.2%
8SUBSEA 7 SA2.2%
9TRELLEBORG AB2.2%
Management
Fund manager group
JP Morgan
Fund manager company
JP Morgan Asset Management UK
Fund type
Investment Trust
Fund objective
The Company Company aims to provide provide capital capital growth from a diversified diversified portfolio portfolio of smaller smaller European European companies companies (excluding (excluding the United Kingdom). Kingdom). As the emphasis emphasis is on capital capital growth rather than income, income, shareholders shareholders should expect the dividend dividend to vary from year to year. The company company has the ability ability to use borrowing borrowing to gear the portfolio portfolio within the range of 20% net cash to 20% geared in normal market conditions. conditions.
Benchmark
  • Euromoney Smaller European Companies (ex UK) Index
Investment style
Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Jim Campbell31/03/1990Jim Campbell is a senior portfolio manager for European smaller companies funds and head of the European Smaller Companies team within the J.P. Morgan Asset Management European Equity Group. An employee since 1995, Jim previously worked as an investment manager at Ivory and Sime plc, focusing initially on UK smaller companies and later on European smaller companies. Jim obtained an M.A. (Joint Honours) in Economics and Law from the University of Edinburgh.
Francesco Conte31/03/1990Francesco Conte, managing director, is a senior portfolio manager for European smaller companies funds within the JPMorgan Asset Management European Equity Group. An employee since 1998, Francesco was previously the lead analyst in the Italian Equities Team at Schroder Securities. Prior to this, he worked at Ermgassen & Co., a specialist M&A boutique specialising in cross-border alliances. Francesco obtained a BSc in Economics & Development from the London School of Economics.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
JP Morgan European Smaller Companies Trust PLC Ord 5P
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 price361.69
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJMY
Data provided by

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