Jupiter Merian North American Equity U2 GBP

  • 335.12p
    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!

  • 0.80%
    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).

  • 0.80%
    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 22 October 2021, fund data last updated 06 November 2015

The fund has a portfolio of predominantly large and mid-cap stocks offering core exposure to North American equities. It targets long-term capital growth through a diversified portfolio of typically around 200 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.

Fund summary

Sector North America
Structure OEIC
Launched
Size £1,778m
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 0.80%
Ongoing charges figure 0.80%

Allocation

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Investment process

The investment process is systematic and scalable. A quantitative model analyses over 1,400 companies to identify mispriced stocks. In 2009 the process was adapted and now accommodates the cyclicality of the model’s factors, flexing to take advantage of prevailing economic conditions. There is a strict risk discipline - the fund is monitored by independent risk professionals, reporting to the chief operating officer. OMGI’s quantitative strategy is driven by a model that is subject to ongoing enhancement by the quantitative strategies team. As such, the investment process is not vulnerable to the departure of any one individual.

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 29.00%
Health Care 17.00%
Communications 16.00%
Industrials 10.00%
Financials 9.00%
Consumer Discretionary 7.00%
Utilities 3.00%
Consumer Staples 2.00%
Energy 2.00%
Real Estate 1.00%

Portfolio

c.200 holdings.

Key Investor Information

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