JPM Global Unconstrained Equity C

International equity fund that typically has a high US weighting.

  • 219.90p Price (Inc)
  • 234.10p Price (Acc)
  • 0.00% 0.00%

    Initial charge
  • 0.75% Annual management charge
  • 0.92% Ongoing charges
  • 0.80% Yield

Fund data last updated 20 November 2019

Fund summary

Sector Global
Structure OEIC
Launched August, 2012
Size £399m
Yield 0.80%
Charging basis Income
Dividends paid 30 Apr

Charges

Initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.92%

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Investment process

The objective of the fund is to provide capital growth over the long term by investing throughout the world in any economic sector.

Manager research

Average monthly relative returns

  • 14/15 0.00%
  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 -0.24%
  • 18/19 0.30%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.17%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 86.20%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Peter Kirkman

Kirkman is a global portfolio manager in the Global Equities Team in New York. An employee of JPM since 2001, he was previously the chief investment officer and the senior portfolio manager of the Fleming Japan Team. Immediately prior to joining the firm, he spent five years with Trust Company of the West (TCW London International) where he specialised in Japan equities and was a senior vice president. He began his career as a graduate trainee with Prudential Portfolio Managers and left them in 1996 as a senior portfolio manager. Kirkman has a BSc in accountancy from the University of East Anglia, an MPhil in management studies from Cambridge University and has an Investment Management Certificate from the London Business School. He is an associate of the UK Society of Investment Professionals (ASIP).

Track record

Peter Kirkman has 2.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.17%. During the worst period of relative performance (from August 2003 - July 2004) there was a decline of 4% relative to the index. The worst absolute loss has been 11%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 86%.

Periods of worst performance

Absolute -11.00% (March 2004 - July 2004)
Relative -4.00% (August 2003 - July 2004)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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Top 10 holdings

Data accurate as at 31 July 2019

4.7% Nestle Sa
4.2% Amazon.com Inc
4.1% Comcast Corp(New)
3.8% Glaxosmithkline
3.8% Microsoft Corp
3.7% Visa Inc
3.4% Alphabet Inc
3% United Technologies Corp
3% Willis Towers Watson Plc
2.8% Hdfc Bank Ltd
Source: Trustnet

Sector breakdown

Financials 21.00%
Information Technology 18.00%
Consumer Discretionary 11.00%
Health Care 11.00%
Consumer Staples 10.00%
Communications 10.00%
Industrials 10.00%
Materials 6.00%
Energy 2.00%
Money Market 1.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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