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JUPITER NORTH AMERICAN INCOME - Fund overview

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Overview of JUPITER NORTH AMERICAN INCOME

This fund invests mainly in high quality US companies and aims to achieve an income of 110% of that produced by the S&P 500, however, this is a target and not a rule. The manager follows a bottom up approach to company investment and favours companies that consistently beat their cost of capital. The fund has a bias to large cap stocks.

Standard Initial Charge

5.25% 0.00%

Invest via Bestinvest

to save 5.25%

Fund summary

Sector  North America
Product type  UNIT TRUST
Launched  September, 1998
Size  £368m
Yield 1.7%
Charging basis  Capital
Dividends paid  31/3, 30/9.
Bid price(inc) 62.64p
Bid price(acc) 67.76p

Fund Charges

Standard Initial charge 5.25%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.23%
Annual management charge 1.50%
Total expense ratio 1.82%
Reduction in yield (10yr) 1.84%

Bestinvest says


No information available.

Portfolio

jupiter north american income asset allocation illustration
Allocation Proportion
Equity 92%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 8%
jupiter north american income equity geographic illustration
Allocation Proportion
UK 0%
Europe 6%
Nth America 94%
Japan 0%
Pacific 0%
Other Equity 0%
jupiter north american income equity capitalisation illustration
Allocation Proportion
Large Caps 83%
Mid Caps 8%
Small Caps 9%

Investment process


The fund aims to achieve long-term capital growth and income by investing in North American securities. Investing primarily in blue chip companies the manager follows a bottom up approach, meaning that the investment decision is based ultimately on the
individual quality of a given company. While the manager typically targets growth stocks, in practice he is pragmatic and so is happy to vary the style bias of the portfolio. Once a broad theme has been identified the manager looks for stocks that will consistently
beat their cost of capital, thus increasing the scope for providing investors with superior returns. Typically, this means identifying uniqueness in a company’s business model. Therefore companies which feature strong barriers to entry or intellectual capital are sought.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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