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SKANDIA JPMF MID CAP IT PF - Fund overview

No Bestinvest rating


Overview of SKANDIA JPMF MID CAP IT PF

The JP Morgan Mid Cap Investment Trust aims to generate long-term capital growth from medium-sized UK companies. The managers focus on FTSE 250 companies, using long and short-term borrowings to increase returns to shareholders.

Standard Initial Charge

No data available.

Fund summary

Sector  –
Product type  PENSION FUND
Launched  July, 1995
Size  £1m
Yield 0.0%
Charging basis  –
Dividends paid  –
Bid price 232.50p

Fund Charges

Standard Initial charge
Initial charge via Bestinvest
Additional bid/offer spread 4.99%
Annual management charge
Total expense ratio
Reduction in yield (10yr) 0.51%

Bestinvest says


No information available.

Portfolio

skandia jpmf mid cap it pf asset allocation illustration
Allocation Proportion
Equity 112%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash -12%
skandia jpmf mid cap it pf equity geographic illustration
Allocation Proportion
UK 100%
Europe 0%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
skandia jpmf mid cap it pf equity capitalisation illustration
Allocation Proportion
Large Caps 5%
Mid Caps 90%
Small Caps 5%

Investment process


The managers process is based on the philosophy that, on average, fast growing cheap stocks with good news flow outperform slow growing expensive stocks with bad news flow. The foundation of this philosophy is a belief that markets reward stocks with strong value and growth characteristics because of persistent investor behavioural biases, and that these inefficiencies can be exploited by informed and dispassionate investors.

The trust invests in medium-capitalisation companies in the UK that are well managed and exhibit under-recognised growth prospects at a reasonable price. The aim is to focus the portfolio on extreme value stocks (i.e. attractively valued stocks that are fundamentally sound but out of fashion with the market), and extreme growth stocks (i.e. companies that are growing their earnings faster than the market that are also supported by good news flow).

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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