Fact sheet: JP Morgan Mid Cap IT plc

Fund information

Fund name
JP Morgan Mid Cap IT plc
Fund company manager
JP Morgan Asset Management UK
Fund type
ITR
Fund manager
Katen Patel
since 01/04/2014
Fund objective
Aims to achieve capital growth from investing in medium sized UK listed companies, by outperformance of the FTSE Mid 250 Index. The company will predominantly invest in quoted companies from the FTSE Mid 250 Index, although, where appropriate, it may invest in quoted UK companies outside of this index as well as companies quoted on the Alternative Investment Market which is the London Stock Exchange market for smaller, growing companies. The company has the ability to use borrowing to gear the portfolio within the range of 5% net cash to 25% geared in normal market conditions.
Benchmark
FTSE 250 Index (ex ITs)
Investment style
Active,Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

15.21 %

1 Year rank in sector

8/15

Sector

IT UK All Companies

Yield

1.9544

Fund size

£ 255.9 m

FE Risk score

130

NAV

1214.3

Discount/Premium

+-11.5128

Gearing

107

Top in sector

Holdings snapshot

  • UK
    98.4%
  • Money Market
    1.6%
  • Industrials
    31.7%
  • Financials
    24.2%
  • Consumer Services
    19.4%
  • Technology
    7.6%
  • Consumer Goods
    6.7%
  • UK Equities
    98.4%
  • Money Market
    1.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.7 %10.21 %15.21 %56.93 %172.05 %
Sector-0.22 %4.02 %13.43 %24.62 %76.91 %
Rank within sector3 / 154 / 158 / 152 / 141 / 13
Quartile th1 st2 nd3 rd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund14.76 %-11.29 %42.46 %3.02 %65.4 %
Sector11.66 %3.81 %9.09 %-1.69 %31.32 %
Rank within sector7 / 1515 / 151 / 144 / 133 / 13
Quartile th2 nd4 th1 st2 nd1 st

Risk statistics

Alpha4.77
Beta1.58
Sharpe0.61
Volatility20.04
Tracking error14.71
Information ratio0.52
R-Squared0.55

Price movement

52 week high1082.5
52 week low852
Current bid price1069
Current offer price1080
Current mid price1074.5

Holdings by region

  • 98.4% UK
  • 1.6% Money Market

Holdings by sector

  • 31.7% Industrials
  • 24.2% Financials
  • 19.4% Consumer Services
  • 7.6% Technology
  • 6.7% Consumer Goods
  • 5.2% Health Care
  • 2.6% Basic Materials
  • 1.6% Money Market
  • 0.7% Oil & Gas
  • 0.3% Telecommunications

Holdings by asset type

  • 98.4% UK Equities
  • 1.6% Money Market

Individual holdings

  • 4.6% ASHTEAD GROUP
  • 4.4% JD SPORTS FASHION PLC
  • 3.9% ELECTROCOMPONENTS
  • 3.3% MICRO FOCUS INTERNATIONAL
  • 3.1% ONESAVINGS BANK PLC
  • 2.9% NMC HEALTH PLC
  • 2.8% JUST EAT PLC
  • 2.6% INTERMEDIATE CAPITAL GROUP
  • 2.5% BGEO GROUP PLC
  • 2.5% SMITH(DS)