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
  • Cedric de Fonclaresince 31/03/2013
  • 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
5.9%
1 Year rank in sector
71/96
Sector
UT Europe Excluding UK
Yield
3.6%
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 (£57m 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.
97
Bid price
65.46
Offer price
65.7
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap30.9%
Liontrust European Growth18.4%
Neptune European Opps18.4%
Aviva Inv Euro Equity MoM 217.8%
FP CRUX Eurpn Spl Sits15.5%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany25.2%
    France14.2%
    Switzerland11.4%
    Italy8.2%
    Netherlands8%
  • Financials22%
    Industrials19.8%
    Health Care10.4%
    Basic Materials9.9%
    Consumer Services9%
  • German Equities25.2%
    French Equities14.2%
    Swiss Equities11.4%
    Italian Equities8.2%
    Dutch Equities8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.9%-3.4%3.8%5.9%15.3%63.8%
Sector-6.3%-2.1%5.9%8.1%18.2%71.4%
Rank within sector74 / 10169 / 10072 / 9971 / 9669 / 8759 / 79
Quartile3rd3rd3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund4.6%10.5%-2.2%26%16.3%
Sector7%9.1%-0.7%27.3%19.2%
Rank within sector73 / 9834 / 9168 / 8742 / 8165 / 79
Quartile3rd2nd4th3rd4th
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.
-0.76
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
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.
0.18
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%.
11.02
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.
2.04
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.
-0.37
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 high72.39
52 week low55.97
Current bid price65.46
Current offer price65.7
Current mid price-
Region
1Germany25.15%
2France14.16%
3Switzerland11.36%
4Italy8.21%
5Netherlands8.03%
6International5.87%
7Money Market5.85%
8Denmark5.56%
9Finland4.59%
Industry sector
1Financials22.05%
2Industrials19.83%
3Health Care10.36%
4Basic Materials9.9%
5Consumer Services9.02%
6Technology8.61%
7Consumer Goods7.51%
8Money Market5.85%
9Oil & Gas3.29%
Asset type
1German Equities25.15%
2French Equities14.16%
3Swiss Equities11.36%
4Italian Equities8.21%
5Dutch Equities8.03%
6International Equities5.87%
7Money Market5.85%
8Danish Equities5.56%
9Finnish Equities4.59%
Individual holdings
1ROCHE HLDG AG4.15%
2NOVARTIS AG4.12%
3ING GROEP N.V.4.09%
4AXA3.37%
5SAP SE3.2%
6SVENSKA CELLULOSA AB-SCA2.89%
7VINCI SA2.71%
8BAYER AG2.66%
9UNILEVER2.33%
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
Cedric de Fonclare31/03/2013Cédric de Fonclare joined Jupiter in 1999 and is currently Head of Strategy, European Opportunities. He manages the Jupiter European Special Situations Fund (Unit Trust) as well as the Jupiter European Opportunities fund (SICAV) and institutional assets. Cédric has a degree in International Business Administration from the Sorbonne.
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 price63.39
Offer price66.99
Mid price-
CurrencyGBX
Price updated02/12/2016
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 price65.46
Offer price65.7
Mid price-
CurrencyGBX
Price updated02/12/2016
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 price46.38
Offer price46.53
Mid price-
CurrencyGBX
Price updated02/12/2016
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 price44.76
Offer price47.34
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeY827
Data provided by

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