JPM UK Higher Inc B Net Inc (FUND:B1YXG03) - Overview

Fund Report

JP Morgan UK Higher Income Fund B Net Income

Key Stats
Morningstar® CategoryUK Equity Income
Manager NameThomas Buckingham
Inception Date29/10/2012
NAV 02/12/2016GBP 5.19
Day Change-0.17%
12 Month Yield4.91%
ISINGB00B1YXG034
SEDOLB1YXG03
Dividend FrequencySemi-Annually
Net Assets (mil) 31/10/2016276.38 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1,000,000.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.18%
AMC1.00%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Benchmarks

Fund Benchmark

FTSE AllSh TR GBP

Morningstar® Benchmark

FTSE All Share TR GBP

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund14.0022.381.136.682.68
Category14.9425.893.896.334.95
Benchmark12.3020.811.180.9811.18
  • Fund: JP Morgan UK Higher Income Fund B Net Income
  • Category: UK Equity Income
  • Benchmark: FTSE All Share TR GBP
Trailing Returns % (GBP) 02/12/2016
FundCatBmark
YTD1.033.1410.39
3 Years Annualised3.955.415.01
5 Years Annualised8.6010.588.90
10 Years Annualised3.655.615.35

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund seeks to provide income and prospects of capital growth by investing primarily in Equity and Equity-Linked Securities of UK companies. The Fund aims to provide a higher income yield than the yield on the FTSE™ All-Share Index. UK companies are companies that are incorporated under the laws of, and have their registered office in, the UK, or that derive the predominant part of their economic activity from the UK, even if listed elsewhere. Smaller companies may be held on an ancillary basis. Other instruments as permitted in the stated investment and borrowing powers of the Company including, but not limited to, fixed interest securities, cash and cash equivalents may be held on an ancillary basis, as appropriate.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Royal Dutch Shell PLC B Energy8.20
HSBC Holdings PLC Financial Services6.19
BP PLC Energy4.98
British American Tobacco PLC Consumer Defensive4.43
GlaxoSmithKline PLC Healthcare4.32
Asset Allocation %
LongShortNet
Stocks98.060.0098.06
Bonds0.000.000.00
Cash0.200.31-0.11
Other2.040.002.04
Top Stock Regions
Region%
United Kingdom98.15
Asia - Developed0.72
Europe - Emerging0.57
Eurozone0.57
United States0.00
Top Stock Sectors
Stock Sector%
Financial Services26.71
Energy14.98
Consumer Cyclical11.48
Industrials9.24
Consumer Defensive8.86
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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