Fact sheet: JP Morgan European IT Inc

Fund information

Fund name
JP Morgan European IT Income
Fund company manager
JP Morgan Asset Management UK
Fund type
ITR
Fund manager(s)
Stephen Macklow-Smith
since 02/08/2006
Michael Barakos
since 01/03/2013
Alexander Fitzalan Howard
since 02/08/2006
Fund objective
Aims to provide a dividend income, together with the potential for long¬term capital growth from Continental European investments by outperformance of the MSCI Europe ex-¬UK Index. The company will predominantly invest in quoted companies with a record of paying sustainable high dividends. Currency exposure is predominantly hedged back towards the benchmark. 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 Europe ex UK
Investment style
Growth
Investment method
-

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

31.26 %

1 Year rank in sector

2/8

Sector

IT Europe

Yield

2.963

Fund size

£ 158.2 m

FE Risk score

129

NAV

183.3

Discount/Premium

+-7.9378

Gearing

110

Top in sector

Holdings snapshot

  • Financials
    36.8%
  • Industrials
    14.7%
  • Consumer Discretionary
    10.1%
  • Utilities
    9.2%
  • Telecommunications Utilities
    5.4%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.5 %15.34 %31.26 %68.94 %132.98 %
Sector3.61 %15.26 %27.77 %66.61 %120.91 %
Rank within sector8 / 84 / 82 / 86 / 83 / 8
Quartile th4 th2 nd1 st3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund26.77 %4.31 %14.26 %8.87 %35.78 %
Sector26.86 %5.87 %12.06 %5.8 %32.66 %
Rank within sector4 / 86 / 85 / 82 / 84 / 8
Quartile th2 nd3 rd3 rd1 st2 nd

Risk statistics

Alpha-0.08
Beta1.13
Sharpe0.82
Volatility15.39
Tracking error6.47
Information ratio0.21
R-Squared0.83

Price movement

52 week high171.5
52 week low123.75
Current bid price166
Current offer price171.5
Current mid price168.75

Holdings by region

-

Holdings by sector

  • 36.8% Financials
  • 14.7% Industrials
  • 10.1% Consumer Discretionary
  • 9.2% Utilities
  • 5.4% Telecommunications Utilities
  • 4.6% Materials
  • 4.5% Consumer Staples
  • 4.2% Energy
  • 4.1% Real Estate
  • 3.6% Health Care

Holdings by asset type

-

Individual holdings

  • 1.9% SANOFI
  • 1.8% ALLIANZ SE
  • 1.8% BANCO SANTANDER SA
  • 1.8% TOTAL SA
  • 1.6% Siemens AG Common Stock (Stamp Exempt)
  • 1.6% UNILEVER NV
  • 1.5% BASF SE
  • 1.5% NOVO-NORDISK AS
  • 1.4% BNP PARIBAS
  • 1.3% ING GROEP N.V.