JPM Africa Equity A (acc) perf EUR (FUND:B8N87H2) - Overview

Fund Report

JPMorgan Funds - Africa Equity Fund A (acc) (perf) - EUR

Key Stats
Morningstar® CategoryAfrica Equity
Manager Name-
Inception Date09/12/2008
NAV 02/12/2016EUR 16.66
Day Change-1.07%
12 Month Yield0.00%
ISINLU0355584979
SEDOLB2QLWJ3
Dividend Frequency-
Net Assets (mil) 31/10/2016208.47 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment35,000.00 EUR
Pricing FrequencyDaily
Dealing Cut off Time13:30:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge1.80%
AMC1.50%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Benchmarks

Fund Benchmark

MSCI EFM Africa NR USD

Morningstar® Benchmark

S&P Pan Africa TR

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

How has this security performed
20122013201420152016
Fund22.641.079.32-20.002.54
Category20.374.873.03-16.97-5.68
Benchmark19.61-4.2418.85-15.0512.05
  • Fund: JPMorgan Funds - Africa Equity Fund A (acc) (perf) - EUR
  • Category: Africa Equity
  • Benchmark: S&P Pan Africa TR
Trailing Returns % (EUR) 02/12/2016
FundCatBmark
YTD0.85-5.6110.77
3 Years Annualised-4.10-7.193.59
5 Years Annualised2.44-0.275.51
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The fund seeks to provide long-term capital growth by investing primarily in a portfolio of African companies. At least 67% of the Sub-Fund's total assets (excluding cash and cash equivalents) will be invested in equities and equity linked securities of companies that are incorporated under the laws of, and have their registered office in, an African country or that derive the predominant part of their economic activity from Africa, even if listed elsewhere. A significant part of the Sub-Fund's assets will be invested in natural resources companies. A significant part of the Sub-Fund's assets will be invested in "emerging" Africa (including but not limited to, South Africa, Morocco and Egypt). The Sub-Fund will also invest in "frontier" and other African countries outside these core African markets. However investment in securities not traded on a Regulated Market will be limited to 10% of the Sub-Fund's net assets.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Naspers Ltd Class N Technology9.11
Firstrand Ltd Financial Services6.00
DecreaseJPM US Dollar Liquidity X (dist.) 2049-12-31Not Classified4.82
Aspen Pharmacare Holdings Ltd Healthcare3.53
Woolworths Holdings Ltd Consumer Cyclical3.50
Asset Allocation %
LongShortNet
Stocks95.430.0095.43
Bonds0.000.000.00
Cash5.020.924.10
Other0.470.000.47
Top Stock Regions
Region%
Africa93.78
Eurozone3.75
United Kingdom2.47
United States0.00
Japan0.00
Top Stock Sectors
Stock Sector%
Financial Services27.57
Consumer Defensive19.53
Consumer Cyclical16.03
Technology9.55
Communication Services8.61
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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