Jupiter Global Equity Income I

Targets both income and capital growth from a worldwide portfolio of equities.

  • 77.28p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 96.64p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.75%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.08%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 2.60%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 18 June 2021

The fund's objective is to generate a high and rising income with the prospect of capital growth by investing predominantly in global equities.

Fund summary

Sector Global Equity Income
Structure UNIT TRUST
Launched October, 2013
Size £17m
Yield 2.60%
Charging basis Capital
Dividends paid 30 Apr, 31 Oct

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.08%

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Investment process

Manager research

Average monthly relative returns

  • 16/17 -0.26%
  • 17/18 0.18%
  • 18/19 -0.49%
  • 19/20 -0.52%
  • 20/21 -0.62%

Bestinvest MRI

  • 3 years -0.54%
  • 5 years -0.34%
  • Career -0.21%
  • 3 years 0.00%
  • 5 years 1.10%
  • Career 11.30%

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

Gregory Herbert

Herbert joined Jupiter in April 2005 as a senior investment writer before joining its European equities team as an assistant fund manager in October 2007. He is now a fund manager in the European Opportunities team. Before joining Jupiter, he worked in various roles, including senior portfolio analyst for State Street Global Advisors, head of the UK desk for Standard & Poors and as an investment correspondent for both Globalnet Financial and Bridge Information Systems. Herbert has an MSc in Investment Management from Cass Business School, City University, an MSc in International Relations (Econ) from the LSE, and a degree in French and Italian from the University of Bristol.

Track record

Gregory Herbert has 8.1 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.21%. During the worst period of relative performance (from January 2016 - April 2021) there was a decline of 20% relative to the index. The worst absolute loss has been 21%.

Periods of worst performance

Absolute -21.00% (January 2018 - March 2020)
Relative -20.00% (January 2016 - April 2021)

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 2020

4.8233% Taiwan Semiconductor Co
4.2715% Roche Hldg Ag
4.1235% Microsoft Corp
3.6586% Johnson & Johnson
3.5879% Deutsche Borse Ag
3.4633% Verizon Communications Inc
3.4392% Cisco Systems Inc
3.3811% Medtronic Inc
3.1713% Pepsico Inc
3.0883% Schneider Electric Se
Source: Trustnet

Sector breakdown

Technology 17.00%
Health Care 16.00%
Financials 16.00%
Industrials 13.00%
Consumer Goods 10.00%
Consumer Services 8.00%
Telecommunications 8.00%
Utilities 5.00%
Money Market 4.00%
Basic Materials 2.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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