JPMorgan US Fund Accumulation Shares
Also available as income units
At a glance
| Initial charge | 4.25% |
|---|---|
| Initial saving | 4.25% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.61% |
| Launch date | 01-03-1964 |
| Launch price | £0.50 |
| Sector | North America |
| Fund size | £219 million |
| Number of holdings | 138 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
The US slowdown has fed into the equity markets which in turn has affected the performance of this fund. This fund struggled earlier this year as it had low exposure to the strongly performing energy sector. While its low exposure to the financial sector has partly helped we hope that its exposure to the healthcare sector, which is often a more resilient sector in a downturn, should help performance going forward.
Full research
About the Fund Manager
Silvio Tarca
Located in: New York
Silvio Tarca, vice president, heads the portfolio management team for the JPMorgan Intrepid Funds and JPMF U.S. Dynamic Fund, and oversees behavioral finance research. An employee since 2000, Silvio previously worked as a quantitative analyst in the Global Emerging Markets Group based in New York, where he was responsible for developing and maintaining quantitative models supporting asset allocation, stock selection and portfolio construction. Prior to joining the firm, he worked for Accenture providing information technology consulting services. Silvio has worked in Australia, New Zealand, France, Argentina, and the United States of America. He holds a B.S. in engineering from the University of Adelaide and an M.S. in finance from the Illinois Institute of Technology,and is a CFA charterholder.
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Income details
| Historic yield | 1.20% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 February 2008 |
|---|---|
| Payment date ³ | 30 April 2008 |
Top 10 holdings
| Exxon Mobil Corp. | 4.39% |
|---|---|
| International Business Machines Corp. | 2.33% |
| Chevron | 2.12% |
| Wal-Mart Stores | 1.99% |
| Pfizer | 1.98% |
| Hewlett-Packard Co. | 1.87% |
| Philip Morris International | 1.71% |
| ConocoPhillips, | 1.67% |
| Johnson & Johnson | 1.60% |
| McDonald's Corp. | 1.56% |
Top 10 sectors
| Oil & Gas Producers | 11.51% |
|---|---|
| Pharmaceuticals & Biotechnology | 8.69% |
| Software & Computer Services | 8.12% |
| Technology Hardware & Equipment | 5.55% |
| Banks | 5.43% |
| General Retailers | 5.33% |
| Cash and Equiv. | 5.05% |
| Financial Services | 4.77% |
| Tobacco | 4.48% |
| Aerospace & Defence | 3.67% |
Top 10 countries
| United States | 94.01% |
|---|---|
| Cash and Equiv. | 5.05% |
| Switzerland | 0.77% |
| Non-Classified | 0.17% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
