Fact sheet: JP Morgan Chinese IT plc

Fund information

Fund name
JP Morgan Chinese IT plc
Fund company manager
JP Morgan Asset Management UK
Fund type
ITR
Fund manager(s)
Howard Wang
since 01/10/2005
William Tong
since 01/03/2010
Shumin Huang
since 01/12/2007
Emerson Yip
since 01/05/2006
Fund objective
The Company aims to provide long term capital growth by investment in companies which are quoted on the stock exchanges of Hong Kong, China and Taiwan or which derive a substantial part of their revenues or profits from these territories. The Company has the ability to use borrowing to gear the portfolio within the range of 10% net cash to 20% geared in normal market conditions.
Benchmark
MSCI China
Investment style
Growth
Investment method
-

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

36.76 %

1 Year rank in sector

1/7

Sector

IT Country Specialists Asia Pacific

Yield

0.5512

Fund size

£ 211.7 m

FE Risk score

158

NAV

336.9

Discount/Premium

+-13.8468

Gearing

109

Top in sector

Holdings snapshot

  • Information Technology
    31.3%
  • Financials
    20.3%
  • Consumer Discretionary
    19.7%
  • Health Care
    7.9%
  • Industrials
    6.7%
  • Chinese Equities
    97.8%
  • Property
    2.2%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund6.03 %31.56 %36.76 %84.32 %129.3 %
Sector2.83 %13.02 %18.91 %80.33 %140.28 %
Rank within sector2 / 71 / 71 / 74 / 74 / 7
Quartile th2 nd1 st1 st3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund47.71 %18.11 %-4.72 %11.4 %11.58 %
Sector25.94 %30.65 %-1.04 %35.8 %2.93 %
Rank within sector1 / 76 / 87 / 87 / 84 / 8
Quartile th1 st3 rd4 th4 th2 nd

Risk statistics

Alpha-0.1
Beta1.14
Sharpe0.77
Volatility22.16
Tracking error14.78
Information ratio0.08
R-Squared0.56

Price movement

52 week high294.25
52 week low191
Current bid price286.5
Current offer price294
Current mid price290.25

Holdings by region

-

Holdings by sector

  • 31.3% Information Technology
  • 20.3% Financials
  • 19.7% Consumer Discretionary
  • 7.9% Health Care
  • 6.7% Industrials
  • 4.9% Utilities
  • 3.7% Energy
  • 2.2% Consumer Staples
  • 2.2% Real Estate
  • 0.7% Materials

Holdings by asset type

  • 97.8% Chinese Equities
  • 2.2% Property

Individual holdings

  • 9.6% ALIBABA GROUP HLDG LTD
  • 9% TENCENT HLDGS LTD
  • 7.4% PING AN INSURANCE(GR)CO OF CHINA
  • 6.3% CHINA MERCHANTS BANK CO LTD
  • 3.9% JD.COM
  • 3.8% BANK OF CHINA LTD
  • 3.3% AAC TECHNOLOGIES HLDGS INC
  • 2.9% CNOOC
  • 2% BAIDU INC
  • 1.9% BRILLIANCE CHINA FINANCE