JPMorgan Natural Resources Accumulation Units

Sell : 761.30p | Buy : 761.30p | up 12.30p
Last valuation as at 22-07-2008

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 1.68%
Launch date 01-06-1965
Launch price £0.50
Sector Specialist
Fund size £1,883 million
Number of holdings 340
Fund type OEIC
Type of units Accumulation

HL Research - Our view on this Fund

Mark Dampier Ian Henderson believes demand from emerging markets will be the key driver of returns in this sector. He is keen on gold, as well as metals such as copper and aluminium as they have strong growth characteristics given the pace of industrialisation. He remains focused on the long term and views any dips in the market as buying opportunities.

Full research

About the Fund Manager

Photo of Ian Henderson

Ian Henderson
Located in: London


Ian Henderson is a senior portfolio manager in the Global Portfolios Group, based in London, responsible for specialist mandates. An employee since 1991, he was previously responsible for international portfolios and investments in resource companies. Prior to joining the company Ian spent nine years as director and chief investment officer at Wardley Investment Services International Limited. Prior to this Ian served five years as international portfolio manager involved in business development in London and New York for Morgan Grenfell & Co. Ian began his career spending five years as an accountant with Peat Marwick Mitchell & Co. Ian holds an MA, LLB Scots Law and Politics from Edinburgh University. ACA and FCA.

 

Income details

Running yield N/a
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 31 January 2008
Payment date ³ 30 April 2008

Top 10 holdings

Barrick Gold Corp. 1.64%
Lihir Gold 1.53%
Petroleo Brasileiro S/A ADS 1.50%
BHP Billiton 1.42%
ETFS AGRICULTURE DJ-AIGCISM 1.39%
Eurasian Natural Resources Corporation 1.37%
Kinross Gold Corp. 1.35%
Addax Petroleum 1.33%
International Ferro Metals 1.30%
Norsk Hydro ASA 1.12%

Top 10 sectors

Mining 52.73%
Oil and Gas Producers 23.15%
Industrial Metals and Mining 11.43%
Non-Classified 3.86%
Cash and Equiv. 2.23%
Managed Funds 1.74%
Oil Equipment, Services and Distribution 1.56%
Food Producers 1.52%
Financial Services 1.09%
Equity Investment Instruments 0.26%

Top 10 countries

Canada 32.48%
United Kingdom 21.69%
Australia 17.50%
United States 8.74%
Brazil 2.43%
Cash and Equiv. 2.23%
South Africa 1.89%
Managed Funds 1.74%
Papua New Guinea 1.69%
Norway 1.64%

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 22-07-2008. Data accurate as at 31/05/2008.

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