Fact sheet: Jupiter Global Equity Income

Fund information
Fund name
Jupiter Global Equity Income I Acc
Fund manager company
Jupiter Unit Trust Mgrs Ltd
Fund type
Unit Trust
Fund managers
  • Gregory Herbertsince 29/04/2013
  • Sebastian Radcliffesince 29/04/2013
Fund objective
The objective of the Fund is to generate a high and rising income with the prospect of capital growth by investing predominantly in global equities.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
37.1%
1 Year rank in sector
12/39
Sector
UT Global Equity Income
Yield
2.4%
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.
1.04%
Fund size
£62m (£50m 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.
98
Bid price
75.65
Offer price
75.89
Top in this sector
Fund name1 Year
COURTIERS Gbl (ex UK) Eq Inc48.2%
TB Saracen Gbl Inc & Gth47.7%
Scot Wid Fdmtl Index Global Equ45.5%
Lazard Global Equity Inc43.5%
Aberdeen World Eqty Inc43%
...more in UT Global Equity Income

Performance snapshot

Holdings snapshot

  • North America51.8%
    Europe ex UK24.2%
    Asia Pacific ex Japan10.5%
    UK5.5%
    Money Market4%
  • Financials27.6%
    Health Care17.3%
    Industrials13.2%
    Telecommunications8.8%
    Technology7.7%
  • North American Equities51.8%
    Europe ex UK Equities24.2%
    Asia Pacific ex Japan Equities10.5%
    UK Equities5.5%
    Money Market4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.9%5.7%14.7%37.1%45.6%-
Sector3.9%4.4%12.2%32.4%37.5%84.2%
Rank within sector33 / 4312 / 4215 / 4212 / 3915 / 31-
Quartile4th2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.2%27.6%2.2%9.2%-
Sector2.7%23.1%2.7%6.8%21.8%
Rank within sector21 / 4312 / 3922 / 3413 / 31-
Quartile2nd2nd3rd2nd
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.
1.78
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.
1.05
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.
0.87
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%.
10.37
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.
2.5
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.
0.87
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.
0.94
Price movement
52 week high75.13
52 week low52.23
Current bid price75.65
Current offer price75.89
Current mid price-
Region
1North America51.77%
2Europe ex UK24.19%
3Asia Pacific ex Japan10.55%
4UK5.51%
5Money Market4.01%
6Latin America1.85%
7European Emerging Markets1.52%
8Africa0.6%
Industry sector
1Financials27.57%
2Health Care17.29%
3Industrials13.16%
4Telecommunications8.8%
5Technology7.72%
6Consumer Goods7.02%
7Oil & Gas6.59%
8Consumer Services4.9%
9Money Market4.01%
Asset type
1North American Equities51.77%
2Europe ex UK Equities24.19%
3Asia Pacific ex Japan Equities10.55%
4UK Equities5.51%
5Money Market4.01%
6American Emerging Equities1.85%
7European Emerging Equities1.52%
8Middle East & African Equities0.6%
Individual holdings
1WELLS FARGO & CO4%
2JOHNSON & JOHNSON3.74%
3MICROSOFT CORP3.59%
4JPMORGAN CHASE & CO2.97%
5BANK OF AMERICA CORP2.87%
6ROCHE HLDG AG2.66%
7NOVARTIS AG2.41%
8ABBVIE INC2.4%
9NORDEA BANK AB2.36%
Management
Fund manager group
Jupiter
Fund manager company
Jupiter Unit Trust Mgrs Ltd
Fund type
Unit Trust
Fund objective
The objective of the Fund is to generate a high and rising income with the prospect of capital growth by investing predominantly in global equities.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Gregory Herbert29/04/2013Gregory 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.
Sebastian Radcliffe29/04/2013Sebastian joined Jupiter in 1998 and is currently Head of Strategy, US. He manages the Jupiter North American Income Fund (Unit Trust) and the Jupiter North American Equities fund (SICAV). He also co-manages, with Gregory Herbert, the Jupiter Global Equity Income Fund (Unit Trust) and Jupiter Global Equities fund (SICAV). Before his appointment as fund manager, Sebastian worked on Jupiter’s US equity desk where he assisted the head of US equities while focusing on researching the US technology market. Sebastian holds the equivalent of an MA degree from the Ecole Superieur de Commerce de Rennes.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Jupiter Global Equity Income Acc
Initial charge5.25%
Annual charge1.5%
Min single investment£500
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.79%
Total expense ratio (TER)-
Bid price69.89
Offer price73.8
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIAIJ
Jupiter Global Equity 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)1.04%
Total expense ratio (TER)-
Bid price75.65
Offer price75.89
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIAIH
Jupiter Global Equity 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)1.04%
Total expense ratio (TER)-
Bid price68.74
Offer price68.99
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIAIG
Jupiter Global Equity Income Inc
Initial charge5.25%
Annual charge1.5%
Min single investment£500
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.79%
Total expense ratio (TER)-
Bid price63.51
Offer price67.05
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIAII
Data provided by

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