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JPM GLOBAL FINANCIALS - Fund overview

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Overview of JPM GLOBAL FINANCIALS

The oldest and largest of the funds to specialise in financial companies. The fund has clearly benefited from the demographic trends encouraging long term savings and more recently consolidation across the sector. Although performance has been good, investors should take a look at Jupiter Financial Opportunities which has a far superior record.

Standard Initial Charge

4.25% 0.00%

Invest via Bestinvest

to save 4.25%

Fund summary

Sector  Specialist
Product type  OEIC
Launched  December, 1969
Size  £106m
Yield 1.2%
Charging basis  Income
Dividends paid  30/4
Bid price(inc) 26.16p
Bid price(acc) 448.70p

Fund Charges

Standard Initial charge 4.25%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Total expense ratio 1.67%
Reduction in yield (10yr) 1.67%

Bestinvest says


No information available.

Portfolio

jpm global financials asset allocation illustration
Allocation Proportion
Equity 99%
High yield bonds
Quality bonds
Property
Commodities
Hedge
Fund cash 1%
jpm global financials equity geographic illustration
Allocation Proportion
UK 31%
Europe 40%
Nth America 23%
Japan 3%
Pacific 2%
Other Equity 1%
jpm global financials equity capitalisation illustration
Allocation Proportion
Large Caps 87%
Mid Caps 10%
Small Caps 3%

Investment process


This fund aims to provide capital growth over the long term from a portfolio primarily invested in companies from the financial services sector from around the world.
The funds primary focus tends to be in the banking, property and insurance sectors.
The manager targets leading companies and stocks must be attractively priced and are generally selected for the long term. The fund has recently reduced positions in traditional mortgage banks and switched into larger blue chip solid banking stocks.

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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