Fund Report

June 2017 Buy Now

JPMorgan Funds - Europe Technology Fund

SICAV Range
Asset Management Company of the Year, Asia4)
  • The Fund invests primarily in technology (including media and telecommunication) related European companies.
  • The Fund is therefore exposed to concentration, smaller companies, technology related companies, currency, liquidity, equity and Eurozone sovereign debt crisis risks. For currency hedged share classes, the currency hedging process may not give a precise hedge and there is no guarantee that the hedging will be totally successful.
  • The Fund may at its discretion pay dividends out of capital. The Fund may also at its discretion pay dividends out of gross income while charging all or part of the Fund's fees and expenses to the capital of the Fund, resulting in an increase in distributable amount for the payment of dividends and therefore, effectively paying dividends out of realised, unrealised capital gains or capital. Investors should note that, share classes of the Fund which pay dividends may distribute not only investment income, but also realised and unrealised capital gains or capital. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor's original investment or from any capital gains attributable to that original investment. Any dividend payments, irrespective of whether such payment is made up or effectively made up out of income, realised and unrealised capital gains or capital, may result in an immediate reduction of the net asset value per share.
  • Investors may be subject to substantial losses.
  • Investors should not solely rely on this document to make any investment decision.

Investment objective

To provide long-term capital growth by investing primarily in technology (including media and telecommunication) related European companies.
Daily prices - NAV (EUR) (A (dist) - EUR Class)
27.06.17
23.74
26.06.17
24.09
23.06.17
23.96
22.06.17
23.91
21.06.17
23.84

 A (dist) - EUR Class
Fund manager Jonathan Ingram/John Baker/Anis Lahlou-Abid, London
Total fund size (m) USD 337.3
Denominated currency and NAV per unit:
A (dist) - EUR Class
A (acc) - USD (hedged) Class

EUR 23.81
USD 251.66
12 month NAV: High
Low
EUR 23.93 (16.05.17)
EUR 16.77 (27.06.16)
Current charge: Initial
Redemption
Management fee
5.0% of NAV
0%
1.5% p.a.
Last distribution (xd date)
A (dist) - EUR Class

EUR 0.32 (01.09.16)
Distribution frequency (dist) Class
Expected annually
SEDOL code 5807444
ISIN code LU0104030142
Bloomberg code FLEUTEC LX
3 years 5 years Since launch2)
Correlation 0.97 0.96 0.93
Alpha % 0.37 0.23 0.44
Beta 0.89 0.94 0.80
Annualised volatility % 14.22 13.67 26.55
Sharpe ratio 1.37 1.66 0.14
Annualised tracking error % 3.90 3.82 11.79
Average annual return % 19.24 22.63 5.59
Fund Category

Contact Us
For more information, please contact your bank, investment adviser or call us directly. Tel: (852) 2265 1188

Unless stated otherwise, all information as at the last valuation date of the previous month. Source: J.P. Morgan Asset Management/Thomson Reuters Datastream (NAV to NAV in denominated currency with income reinvested). Source of star rating: Morningstar, Inc., awarded to A (dist) - EUR Class. Risk ratings (if any) are based on J.P. Morgan Asset Management's assessment of relative risk by asset class and historical volatility of the fund where applicable. The risk ratings are reviewed annually or as appropriate and for reference only. Investors are advised to consult our Investment Advisers before investing. Any overweight in any investment holding exceeding the limit set out in the Investment Restrictions was due to market movements and will be rectified shortly. Top ten holdings is available upon request. *Since launch to end of year for fund classes incepted in that year. It should be noted that due to the difference of the fund domiciles the valuation points used by Unit Trust range and SICAV range of funds for fair valuation (where applied) may vary. For details please refer to the respective offering document(s). 1)Dividends reinvested after deduction of withholding tax. Prior to 01.04.08, Morgan Stanley Eurotec Price (Price change only, dividends not taken into account). 2)With the exception of the "Average annual return" figure, all data are calculated from the month end after inception. 3)Since 21.05.14 (share class reactivation day) for A (acc) - USD (hedged) Class. 4)Issued by the Asset Triple A Asset Servicing, Fund Management and Investors Awards 2016, reflecting performance of previous calendar year.

For funds offering classes with a distribution feature, such classes aim at monthly, quarterly, semi-annual or annual distribution as the case may be. Dividend rate is not guaranteed. Distributions may be paid from capital. The investment returns are calculated in denominated currency. For funds/classes denominated in foreign currencies, US/HK dollar-based investors are therefore exposed to fluctuations in the currency exchange rate. Investment involves risk. Past performance is not indicative of future performance. Please refer to the offering document(s) for details, including the risk factors. This document has not been reviewed by the SFC. Issued by JPMorgan Funds (Asia) Limited.

For funds with different share classes, please refer to "Daily Fund Prices" or "Historical Prices" page for information on other share classes.


Show site index
Open Account About Us Contact Us