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JUPITER UNDERVALUED ASSETS - Fund overview

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Overview of JUPITER UNDERVALUED ASSETS

Historically this portfolio has been managed with a 'value style' that targets investment in companies that are currently unfashionable or out of favour with the market. As a result these shares have the potential to achieve attractive returns in future if markets come to value them more highly. However, investors should note that the fund's style can go through periods of underperformance.

Standard Initial Charge

5.25% 0.00%

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Fund summary

Sector  UK All Companies
Product type  UNIT TRUST
Launched  May, 2000
Size  £96m
Yield 1.9%
Charging basis  Income
Dividends paid  Acc units only.
Bid price 164.59p

Fund Charges

Standard Initial charge 5.25%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 1.28%
Annual management charge 1.50%
Total expense ratio 1.78%
Reduction in yield (10yr) 1.91%

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No information available.

Portfolio

jupiter undervalued assets asset allocation illustration
Allocation Proportion
Equity 82%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 18%
jupiter undervalued assets equity geographic illustration
Allocation Proportion
UK 97%
Europe 3%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
jupiter undervalued assets equity capitalisation illustration
Allocation Proportion
Large Caps 59%
Mid Caps 22%
Small Caps 19%

Investment process


In-depth fundamental analysis is carried out at the stock level to ascertain the reasons for a low share price so that the manager can avoid 'valuation traps'. Macro synthesis including industry, sector and economic analysis are also used to improve stock picking. Similarly, changes in fundamentals determines sell-side policy, price targets are seldom used. Valuation models are used to predict future cash flows and help highlight pricing anomalies.
Growth stocks that are identified through the macro process will also be added to the portfolio. Nevertheless the aim of the investment process is to identify stocks that have been overlooked by the market generally.
The fund has no formal constraints which allows the manager to invest in any areas that he thinks will add value to the portfolio. The fund is unlikely, however, to hold more than 3% of any one company and will have roughly 100 holdings.

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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