Fact sheet: LV= JPM Natural Resources Pn

Fund information
Fund name
LV= JPM Natural Resources Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Christopher Korpansince 01/02/2017
  • Neil Gregsonsince 31/01/2012
Underlying fund
JPM Natural Resources
Fund objective
To invest, primarily in the shares of, companies throughout the world engaged in the production and marketing of commodities. The Fund aims to provide capital growth over the long term.
Benchmark
  • Euromoney Global Mining & Energy Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
37.7%
1 Year rank in sector
6/65
Sector
PN Commodity & Energy
Yield
-
Fund size
£2m (£0m 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.
182
Bid price
104
Offer price
109.4
Top in this sector
Fund name1 Year
ReAssure AL JPM Natul Res Pn39.4%
FL JPM Natural Res AP38.5%
Aviva JPM Nat Resources Pn38.3%
FL MyM JPM Natural Res Pn38.2%
FL JPM Natural Resources Pn38.1%
...more in PN Commodity & Energy

Performance snapshot

Holdings snapshot

  • North America46.1%
    UK28.1%
    Europe & Middle East14.2%
    Pacific ex-Japan6.7%
    Global Emerging Markets2.8%
  • Mineral Extraction22%
    Precious Metals & Stones20.6%
    Oil & Gas Exploration & Production20%
    Other Metals17.6%
    Oil & Gas - Integrated14.6%
  • Commodity & Energy97.9%
    Money Market2.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.6%-7.9%3.6%37.7%-4%-30.6%
Sector-2.8%-6.8%-2.5%23.9%8.3%-18.1%
Rank within sector24 / 6632 / 664 / 666 / 6536 / 6343 / 59
Quartile2nd2nd1st1st3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-1.4%81%-33.9%-15.8%-19.3%
Sector-1.3%70.6%-24.9%-8.9%-25%
Rank within sector33 / 669 / 6450 / 6335 / 6320 / 63
Quartile2nd1st4th3rd2nd
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.
-3.17
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.
-0.01
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%.
26.2
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.
9.36
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.
-0.39
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.
0.87
Price movement
52 week high116.4
52 week low71.2
Current bid price104
Current offer price109.4
Current mid price-
Region
1North America46.1%
2UK28.1%
3Europe & Middle East14.2%
4Pacific ex-Japan6.7%
5Global Emerging Markets2.8%
6Money Market2.1%
Industry sector
1Mineral Extraction22%
2Precious Metals & Stones20.6%
3Oil & Gas Exploration & Production20%
4Other Metals17.6%
5Oil & Gas - Integrated14.6%
6Money Market2.1%
7Coal1.5%
8Oil & Gas1.2%
9Oil & Gas Equipment & Services0.4%
Asset type
1Commodity & Energy97.9%
2Money Market2.1%
Individual holdings
1RIO TINTO7.3%
2BHP BILLITON PLC5.3%
3GLENCORE PLC5%
4LUNDIN MINING CORP3.5%
5CHEVRON CORP3.3%
6BOLIDEN AB3.2%
7PIONEER NATURAL RESOURCES CO3.2%
8TOTAL SA3%
9ROYAL DUTCH SHELL2.9%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
To invest, primarily in the shares of, companies throughout the world engaged in the production and marketing of commodities. The Fund aims to provide capital growth over the long term.
Benchmark
  • Euromoney Global Mining & Energy Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Christopher Korpan01/02/2017
Neil Gregson31/01/2012Neil Gregson, managing director, is a portfolio manager in the Global Equities Team based in London, and is a member of the team responsible for global natural resources mandates. Neil joined the team in September 2010 from CQS Asset Management where he was a Senior Portfolio Manager and Head of the Long-Only Business, with particular focus on the natural resources sector. Prior to this, Neil was the head of Emerging Markets at Credit Suisse Asset Management where he managed gold and resource equity funds. Neil began his career holding various positions at mining and resource companies, including a role as a mining investment analyst at South African company Gold Fields. He is a qualified mining engineer.. Education: BSc in Mining Engineering from Nottingham University
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= JPM Natural Resources Pn
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.48%
Bid price69.6
Offer price73.2
Mid price-
CurrencyGBX
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCOI0
LV= JPM Natural Resources Pn S2
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.93%
Bid price104
Offer price109.4
Mid price-
CurrencyGBX
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2S7
Data provided by

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