Jupiter Merian Global Equity R

  • 365.60p
    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.

  • -
    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!

  • 1.00%
    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).

  • 1.00%
    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.

  • 0.50%
    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 27 July 2021, fund data last updated 19 October 2015

The fund aims to achieve long term capital growth by investing in a diversified portfolio of global equities. Benchmarked against the MSCI World index, the fund focuses on large and mid sized companies and will not allocate capital to emerging markets. The investment strategy is based around a quantitative model which employs a blend of value, growth, momentum and quality. It is managed by the global quantitative team who have worked together since 2005.

Fund summary

Sector Global
Structure OEIC
Launched
Size £624m
Yield 0.50%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 1.00%
Ongoing charges figure 1.00%

Allocation

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Investment process

This is a portfolio of predominantly large-cap stocks offering core exposure to the global equities sector. The fund aims to achieve long-term capital growth through a diversified portfolio of global companies and will typically hold around 500 securities. The investment strategy is based around a quantitative model which employs a blend of value, growth, momentum and quality. Factor exposures will vary over time depending on the prevailing market environment. Stock selection is driven by five factors including dynamic valuation, sustainable growth, analyst sentiment, company management and market dynamics. The investment process was enhanced post 2008 allowing the strategy to become more dynamic, such that prevailing market conditions / regime changes and outlook could be incorporated. The fund will typically not invest in emerging markets, REITs and IPOs. The fund is constrained at the sector level (+/-5%), whilst individual stock holdings may not exceed 0.5% on a relative basis. The fund is run on a team basis by Ian Heslop, Amadeo Alentorn and Mike Servent who have worked together since 2005.

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

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

Track record

Periods of worst performance

Absolute 0.00% ()
Relative 0.00% ()

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.

Allocation

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Sector breakdown

Information Technology 25.00%
Health Care 16.00%
Financials 15.00%
Communications 10.00%
Consumer Discretionary 9.00%
Industrials 7.00%
Consumer Staples 6.00%
Utilities 4.00%
Materials 4.00%
Real Estate 2.00%

Portfolio

Circa 500 companies. No: EM, IPOs, REITs.

Key Investor Information

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