Fact sheet: Jupiter Monthly Income

Fund information
Fund name
Jupiter Monthly Income I Acc
Fund manager company
Jupiter Unit Trust Mgrs Ltd
Fund type
Unit Trust
Fund managers
  • Rhys Petheramsince 01/01/2014
  • Richard Curlingsince 30/01/2012
Fund objective
The objective of the Fund is to achieve a high level of sustainable income with prospects of capital growth. The Fund's investment policy is to attain the objective by investing principally in UK equities via various classes of investment trust securities, with some exposure to fixed interest securities.
Benchmark
  • UK Equity and Bond Income
Investment style
Aggressive,Growth
Investment method
None
Quick stats
1 Year return
10.5%
1 Year rank in sector
7/28
Sector
UT UK Equity & Bond Income
Yield
4.6%
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.
0.96%
Fund size
£123m (£110m 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.
44
Bid price
108.02
Offer price
109.99
Top in this sector
Fund name1 Year
First Arrow Diversified20.8%
S&W Millbank Veracruz20.6%
S&W Millbank Brooklyn19.6%
S&W Millbank Blackwall13.4%
Thesis The Ambrose11.5%
...more in UT UK Equity & Bond Income

Performance snapshot

Holdings snapshot

  • UK87.1%
    Money Market5.2%
    Guernsey2.6%
    Ireland1.6%
    Jersey1.4%
  • No data available.
  • International Equities85.5%
    Global Fixed Interest10.1%
    Money Market4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%2%8.8%10.5%25.3%72.1%
Sector-1.6%-0.4%7.4%7.3%17.9%50.2%
Rank within sector7 / 285 / 299 / 297 / 283 / 253 / 24
Quartile1st1st2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund10.2%6.5%6.7%15.9%19.3%
Sector8.2%2.7%5.5%15.5%10.3%
Rank within sector8 / 282 / 267 / 2515 / 242 / 24
Quartile2nd1st2nd3rd1st
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.
4.19
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.
0.71
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.
0.78
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%.
6.08
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.
3.94
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.
0.65
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.
0.69
Price movement
52 week high109.68
52 week low91.7
Current bid price108.02
Current offer price109.99
Current mid price-
Region
1UK87.07%
2Money Market5.2%
3Guernsey2.58%
4Ireland1.58%
5Jersey1.36%
6Canada1.07%
7Netherlands0.44%
8Germany0.34%
9Ivory Coast0.2%
Industry sector
No data available.
Asset type
1International Equities85.54%
2Global Fixed Interest10.06%
3Money Market4.41%
Individual holdings
1F&C EUROPEAN ASSETS TRUST5.02%
2F&C INVESTORS CAPITAL TRUST A ORD4.69%
3SCHRODER ORIENTAL INCOME4.32%
4REAL ESTATE CREDIT INVESTMENTS LIMITED ORD NPV INC GBP3.26%
5HENDERSON HENDERSON HIGH INCOME TRUST ORD2.73%
6APAX GLOBAL ALPHA LIMITED ORD NPV2.72%
7MITON THE DIVERSE INCOME TRUST PLC ORD 0.1P2.63%
8TRITAX BIG BOX REIT PLC2.59%
9BLACKSTONE BLACKSTONE/GSO LOAN FINANCING LIMITED2.44%
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 achieve a high level of sustainable income with prospects of capital growth. The Fund's investment policy is to attain the objective by investing principally in UK equities via various classes of investment trust securities, with some exposure to fixed interest securities.
Benchmark
  • UK Equity and Bond Income
Investment style
Aggressive,Growth
Investment method
None
Fund managers
NameSinceBiography
Rhys Petheram01/01/2014Rhys joined Jupiter in 2006 and is currently a fund manager in the Fixed Interest& Multi-Asset team. He manages the Jupiter Corporate Bond Fund, as well as co-managing (with Alastair Gunn) the Jupiter Distribution Fund, the Jupiter Distribution and Growth Fund and the Jupiter Enhanced Distribution Fund. He also co-manages the Jupiter Global Ecology Diversified fund (SICAV). Before joining Jupiter, Rhys was an analyst at Towers Perrin Australia and a credit analyst for utilities at Moody's Investor Services. Rhys has a degree in Commerce (Finance) and a Diploma in Modern Languages (Indonesian), both from the University of Melbourne, and is also a CFA charterholder.
Richard Curling30/01/2012Richard joined Jupiter in 2006 and is a fund manager in the UK Growth team. He manages the Jupiter Fund of Investment Trusts, the Jupiter Monthly Income Fund and the Jupiter UK Alpha Fund (all Unit Trusts). Before joining Jupiter, Richard worked originally for Morgan Grenfell as manager of the UK Pensions and Income Funds, prior to its acquisition by Deutsche Bank where he was appointed managing director and head of Small Caps. In this position, held for more than 10 years, Richard was responsible for managing the UK and European Small Cap team and running Small Cap equity mandates. Between 1996 and 2003, he was also head of Global Small Caps and responsible for the Global/EAFE Small Cap product. Richard has a degree from Edinburgh University and is an Associate of the Society of Investment Analysts.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Jupiter Monthly Income Acc
Initial charge5.25%
Annual charge1.5%
Min single investment£500
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.73%
Bid price104.45
Offer price111.41
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJU24
Jupiter Monthly 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)0.96%
Total expense ratio (TER)0.98%
Bid price108.02
Offer price109.99
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code09Q1
Jupiter Monthly 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)0.96%
Total expense ratio (TER)0.98%
Bid price30.66
Offer price31.34
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code09Q2
Jupiter Monthly Income Inc
Initial charge5.25%
Annual charge1.5%
Min single investment£5,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.73%
Bid price29.73
Offer price31.71
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJU25
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