Fact sheet: Jupiter European Income

Fund information
Fund name
Jupiter European Income I Acc
Fund manager company
Jupiter Unit Trust Mgrs Ltd
Fund type
Unit Trust
Fund managers
  • Gregory Herbertsince 31/03/2013
Accolades
 Highly Commended - Europe excl UK
Fund objective
The Fund's objective is to produce a high and rising income from a policy of investing chiefly in high quality companies with operations or stock markets listed in Europe.
Benchmark
  • MSCI Europe ex UK
Investment style
None
Investment method
Shares
Quick stats
1 Year return
25.7%
1 Year rank in sector
66/97
Sector
UT Europe Excluding UK
Yield
3.2%
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.
1.03%
Fund size
£65m (£59m 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.
100
Bid price
73.8
Offer price
74.07
Top in this sector
Fund name1 Year
Neptune European Opps54.5%
Marlborough Eurpn Multi-Cap49.6%
Schroder Eurpn Alpha Plus39.8%
Schroder Eurpn Alp Inc38.4%
Invesco Perp European Equity37%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany28.5%
    France14.9%
    Switzerland9.5%
    Italy9.1%
    Netherlands8.3%
  • Financials24.9%
    Industrials20.9%
    Basic Materials10%
    Health Care9.5%
    Consumer Services9.4%
  • German Equities28.5%
    French Equities14.9%
    Swiss Equities9.5%
    Italian Equities9.1%
    Dutch Equities8.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%9.5%7.6%25.7%28%75%
Sector-0.9%9%7.3%27.9%28.2%79.5%
Rank within sector16 / 10132 / 10045 / 9966 / 9748 / 8645 / 78
Quartile1st2nd2nd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.7%13.7%10.5%-2.2%26%
Sector2.6%16.4%9.1%-0.7%27.3%
Rank within sector15 / 10174 / 9733 / 9068 / 8642 / 80
Quartile1st4th2nd4th3rd
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.
-0.21
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.
0.99
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.
0.53
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%.
11.01
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.
1.92
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.
-0.19
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.
0.97
Price movement
52 week high73.8
52 week low58.91
Current bid price73.8
Current offer price74.07
Current mid price-
Region
1Germany28.51%
2France14.87%
3Switzerland9.49%
4Italy9.1%
5Netherlands8.35%
6Denmark5.82%
7International5.74%
8Finland5.31%
9Sweden5.03%
Industry sector
1Financials24.93%
2Industrials20.94%
3Basic Materials10.03%
4Health Care9.53%
5Consumer Services9.39%
6Technology8.46%
7Consumer Goods7.93%
8Telecommunications2.95%
9Utilities2.66%
Asset type
1German Equities28.51%
2French Equities14.87%
3Swiss Equities9.49%
4Italian Equities9.1%
5Dutch Equities8.35%
6Danish Equities5.82%
7International Equities5.74%
8Finnish Equities5.31%
9Swedish Equities5.03%
Individual holdings
1ING GROEP N.V.4.33%
2ROCHE HLDG AG4.31%
3AXA3.54%
4SAP SE3.41%
5SVENSKA CELLULOSA AB-SCA3.19%
6NOVARTIS AG3.01%
7VINCI SA2.86%
8BAYER AG2.83%
9BRENNTAG AG2.54%
Management
Fund manager group
Jupiter
Fund manager company
Jupiter Unit Trust Mgrs Ltd
Fund type
Unit Trust
Fund objective
The Fund's objective is to produce a high and rising income from a policy of investing chiefly in high quality companies with operations or stock markets listed in Europe.
Benchmark
  • MSCI Europe ex UK
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Gregory Herbert31/03/2013Gregory joined Jupiter in 2005 as a senior investment writer before moving into a fund management role in 2007. He is a fund manager in the European Opportunities team and manages the Jupiter European Income Fund (Unit Trust) and co-manages, with Sebastian Radcliffe, the Jupiter Global Equity Income Fund (Unit Trust) and the Jupiter Global Equities fund (SICAV). Before joining Jupiter, Gregory worked in various roles, including senior portfolio analyst for State Street Global Advisors, head of the UK desk for Standard & Poor’s and as an investment correspondent for both Globalnet Financial and Bridge Information Systems. Gregory has an MSc in Investment Management from Cass Business School, City University, an MSc in International Relations (Econ) from the LSE, and a degree in French and Italian from the University of Bristol.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Jupiter European Income Acc
Initial charge5.25%
Annual charge1.5%
Min single investment£500
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.82%
Bid price71.36
Offer price75.41
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeY828
Jupiter European Income I Acc
Initial charge5.25%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.08%
Bid price73.8
Offer price74.07
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code09QN
Jupiter European Income I Inc
Initial charge5.25%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.81%
Bid price52.28
Offer price52.45
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code09QO
Jupiter European Income Inc
Initial charge5.25%
Annual charge1.5%
Min single investment£500
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.82%
Bid price50.38
Offer price53.28
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeY827
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.