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
  • 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
18.1%
1 Year rank in sector
13/29
Sector
UT UK Equity & Bond Income
Yield
4.4%
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.
0.95%
Fund size
£137m (£111m 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
112.88
Offer price
114.76
Top in this sector
Fund name1 Year
S&W Millbank Veracruz31.6%
S&W Millbank Brooklyn30.4%
S&W Millbank Blackwall26.6%
M&G NAACIF25.3%
Thesis The Ambrose25.1%
...more in UT UK Equity & Bond Income

Performance snapshot

Holdings snapshot

  • UK87.1%
    Money Market5.2%
    Guernsey2.6%
    Ireland1.6%
    Jersey1.4%
  • Financials79.1%
    Money Market9.4%
    Corporate Bonds5.8%
    Others3.1%
    Basic Materials0.8%
  • UK Equities80.5%
    Money Market9.4%
    UK Fixed Interest6.6%
    Irish Equities1.4%
    Canadian Equities1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3%3.6%13%18.1%29.2%77.1%
Sector2.8%2.5%7.5%17.4%21.3%54.5%
Rank within sector13 / 296 / 292 / 2913 / 294 / 263 / 24
Quartile2nd1st1st2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund1.8%13.1%6.5%6.7%15.9%
Sector1.5%11.7%2.7%5.5%15.5%
Rank within sector15 / 288 / 282 / 267 / 2515 / 24
Quartile3rd2nd1st2nd3rd
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.
4.28
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.
0.72
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.
0.84
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%.
6.22
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.
3.9
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.
0.67
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.
0.71
Price movement
52 week high112.55
52 week low91.7
Current bid price112.88
Current offer price114.76
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
1Financials79.08%
2Money Market9.45%
3Corporate Bonds5.83%
4Others3.11%
5Basic Materials0.83%
6Floating Rate Notes0.67%
7Technology0.58%
8Convertibles0.45%
Asset type
1UK Equities80.55%
2Money Market9.45%
3UK Fixed Interest6.56%
4Irish Equities1.44%
5Canadian Equities0.97%
6Dutch Fixed Interest0.41%
7German Fixed Interest0.31%
8African Equity0.16%
9Indian Equities0.15%
Individual holdings
1F&C EUROPEAN ASSETS TRUST4.47%
2F&C INVESTORS CAPITAL TRUST A ORD4.39%
3SCHRODER ORIENTAL INCOME3.78%
4REAL ESTATE CREDIT INVESTMENTS LIMITED ORD NPV INC GBP2.85%
5MITON THE DIVERSE INCOME TRUST PLC ORD 0.1P2.47%
6HENDERSON HENDERSON HIGH INCOME TRUST ORD2.46%
7APAX GLOBAL ALPHA LIMITED ORD NPV2.39%
8TRITAX BIG BOX REIT PLC2.39%
9BLACKSTONE BLACKSTONE/GSO LOAN FINANCING LIMITED2.18%
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
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)1.7%
Total expense ratio (TER)1.73%
Bid price108.89
Offer price116.14
Mid price-
CurrencyGBX
Price updated16/01/2017
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)0.95%
Total expense ratio (TER)0.98%
Bid price112.88
Offer price114.76
Mid price-
CurrencyGBX
Price updated16/01/2017
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)0.95%
Total expense ratio (TER)0.98%
Bid price31.93
Offer price32.58
Mid price-
CurrencyGBX
Price updated16/01/2017
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)1.7%
Total expense ratio (TER)1.73%
Bid price30.89
Offer price32.94
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJU25
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.