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JPM Emerging Markets Income C

Bestinvest LogoTargets income and capital growth from global emerging markets equities.

PRICE (INC)

63.6p

PRICE (ACC)

93.87p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.75%

ONGOING CHARGE

0.9%

YIELD

3.3%

1 YEAR
-3.18%

Prices as at 10 Aug 2022.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

This fund aims to provide income by investing primarily in equity and equity-linked securities of emerging markets companies in any economic sector whilst participating in long-term capital growth. It is managed by Richard Titherington, JPM's emerging markets CIO and Omar Negyal. It is almost identical to the closed-ended LSE listed JPMorgan Global Emerging Markets Income Investment Trust launched one year before this fund in July 2010.

Fund summary

SectorGlobal Emerging Markets
StructureOEIC
LaunchedAugust 2013
Size£628m
Yield3.3%
Charging BasisCapital
Dividends paid31 Jan, 30 Apr, 31 Jul, 31 Oct

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.75%
Ongoing Charges Figure0.9%

Investment Process

Portfolio ideas come from the internationally based team of regional portfolio managers, who give the manager their top 10 best income ideas. All stocks in this portfolio will already be held in their regional funds. The stock selection process is similar to that used by the JPM Emerging Markets fund (managed by Austin Forey), but with a focus on income and higher exposure to less liquid stocks. The process uses bottom-up portfolio construction based on detailed knowledge of investee companies and is not influenced by top-down house views. Opportunities are selected with an investment horizon of 2-3 years. The portfolio will be tilted towards mid cap stocks ($3-10bn), giving a universe of 1,500 companies globally with a value bias. The team screens for those companies with a 30% payout ratio. Position size is determined by risk adjusted return not market capitalisation: 60% of the portfolio will be invested in equities yielding 4-6%, with individual stock weights at 1.75-3%; the rest of the portfolio is equally split above and below this range, with stock weights around 1%.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning