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 (ex ITs) Index
Investment style
Active,Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

16.94 %

1 Year rank in sector

10/15

Sector

IT UK All Companies

Yield

2.0349

Fund size

£ 246.0 m

FE Risk score

136

NAV

1193.9

Discount/Premium

+-13.5606

Gearing

100

Top in sector

Holdings snapshot

  • UK
    97.8%
  • Money Market
    2.2%
  • Industrials
    29.9%
  • Financials
    23.6%
  • Consumer Services
    22.9%
  • Consumer Goods
    7.9%
  • Technology
    5.3%
  • UK Equities
    97.8%
  • Money Market
    2.2%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.39 %14.34 %16.62 %51.69 %201.08 %
Sector0.25 %9.24 %21.73 %24.08 %90.67 %
Rank within sector6 / 154 / 1510 / 152 / 141 / 13
Quartile th2 nd2 nd3 rd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund10.22 %-11.29 %42.46 %3.02 %65.4 %
Sector11.22 %3.81 %9.09 %-1.69 %31.32 %
Rank within sector8 / 1515 / 151 / 144 / 133 / 13
Quartile th3 rd4 th1 st2 nd1 st

Risk statistics

Alpha3.33
Beta1.59
Sharpe0.52
Volatility19.98
Tracking error14.6
Information ratio0.43
R-Squared0.56

Price movement

52 week high1075
52 week low852
Current bid price1030
Current offer price1031
Current mid price1032

Holdings by region

  • 97.8% UK
  • 2.2% Money Market

Holdings by sector

  • 29.9% Industrials
  • 23.6% Financials
  • 22.9% Consumer Services
  • 7.9% Consumer Goods
  • 5.3% Technology
  • 4% Health Care
  • 2.2% Money Market
  • 2% Oil & Gas
  • 1.7% Basic Materials
  • 0.5% Telecommunications

Holdings by asset type

  • 97.8% UK Equities
  • 2.2% Money Market

Individual holdings

  • 6.1% JD SPORTS FASHION PLC
  • 4.3% ASHTEAD GROUP
  • 3.5% MICRO FOCUS INTERNATIONAL
  • 3.1% ELECTROCOMPONENTS
  • 3.1% ONESAVINGS BANK PLC
  • 2.6% BGEO GROUP PLC
  • 2.6% JUST EAT PLC
  • 2.5% INTERMEDIATE CAPITAL GROUP
  • 2.3% NMC HEALTH PLC
  • 2.3% RIGHTMOVE PLC