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 achieve capital capital growth from investing investing in medium sized UK listed companies, companies, by outperformance outperformance of the FTSE Mid 250 Index. The company company will predominantly predominantly invest in quoted companies companies from the FTSE Mid 250 Index, although, although, where appropriate, appropriate, it may invest in quoted UK companies companies outside outside of this index as well as companies companies quoted on the Alternative Alternative Investment Investment Market which is the London Stock Exchange Exchange market for smaller, smaller, growing growing companies. companies. The company company has the ability ability to use borrowing borrowing to gear the portfolio portfolio within the range of 5% net cash to 25% geared in normal market conditions. conditions.
Benchmark
FTSE 250 (ex ITs) Index
Investment style
Active,Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

9.65 %

1 Year rank in sector

14/16

Sector

IT UK All Companies

Yield

2.0588

Fund size

£ 243.1 m

FE Risk score

135

NAV

1181.4

Discount/Premium

+-13.6618

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
Fund-3.41 %9.05 %9.65 %46.01 %199.48 %
Sector-2.13 %11.58 %20.9 %22.38 %88.71 %
Rank within sector13 / 1611 / 1614 / 162 / 141 / 14
Quartile th4 th3 rd4 th1 st1 st

Calendar performance

YTD-20172016201520142013
Fund8.94 %-11.29 %42.46 %3.02 %65.4 %
Sector10.8 %3.81 %9.09 %-1.69 %31.32 %
Rank within sector10 / 1616 / 161 / 154 / 143 / 14
Quartile th3 rd4 th1 st2 nd1 st

Risk statistics

Alpha3.06
Beta1.59
Sharpe0.52
Volatility19.98
Tracking error14.63
Information ratio0.41
R-Squared0.56

Price movement

52 week high1075
52 week low765
Current bid price1020
Current offer price1034
Current mid price1020

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
  • 4.6% ASHTEAD GROUP
  • 3.6% MICRO FOCUS INTERNATIONAL
  • 3.2% ONESAVINGS BANK PLC
  • 2.8% ELECTROCOMPONENTS
  • 2.6% BGEO GROUP PLC
  • 2.3% INTERMEDIATE CAPITAL GROUP
  • 2.3% JUST EAT PLC
  • 2.3% RIGHTMOVE PLC
  • 2.2% SMITH(DS)