JPMorgan Natural Resources Class C - Net Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/04/19
to
30/04/20
30/04/20
to
30/04/21
30/04/21
to
30/04/22
30/04/22
to
30/04/23
30/04/23
to
30/04/24
Fund -15.3% 34.9% 37.0% -0.9% 11.1%
Sector -14.8% 41.4% 28.7% -1.8% 7.0%
Rank 12/26 15/26 11/28 12/29 14/30
Quartile 2 3 2 2 2

Annualised performance

Annualised
3 Years to
30/04/24
5 Years to
30/04/24
10 Years to
30/04/24
Fund 14.7% 11.5% 6.5%
Sector 10.6% 10.3% 7.2%
Rank 8/28 5/26 8/18
Quartile 2 1 2

Top 10 Holdings

Stock % Weight
EXXON MOBIL CORPORATION 8.38
RIO TINTO 8.32
SHELL 5.92
FREEPORT-MCMORAN INC 5.00
VALE S.A. 4.95
BHP GROUP LIMITED 4.44
TOTAL SE 4.27
EOG RESOURCES INC 3.02
BHP GROUP 2.97
NORTHERN STAR RESOURCES LTD 2.63
Total 49.89

Fund Aims

The Fund aims to invest primarily in the shares of companies throughout the world engaged in the production and marketing of commodities. The fund aims to provide capital growth over the long term.

Fund Manager

Christopher Korpan manager for 7 years and 3 months

Photo of Christopher Korpan ​Christopher Korpan, Executive Director, is a global sector specialist in the J.P. Morgan Asset Management International Equity Group – Global Specialist Team, based in London. An employee since 2010, he specializes in Natural Resources, within the materials sector. Before joining J.P. Morgan, he worked as a business analyst at Lundin Mining Corporation and as a geologist at Bema Gold Corporation. Christopher obtained an MSc in Metals and Energy Finance from Imperial College London and a BSc Geology (Hons) from Edinburgh University, and is a CFA charterholder.

Neil Gregson manager for 12 years and 3 months

Photo of Neil Gregson Neil Gregson, Managing Director, is a portfolio manager in the J.P. Morgan Asset Management International Equity Group – Global Specialist Team, based in London, and is a member of the team responsible for global natural resources mandates. Neil joined the team in September 2010 from CQS Asset Management where he was a Senior Portfolio Manager and Head of the Long-Only Business, with particular focus on the natural resources sector. Prior to this, Neil was the head of Emerging Markets at Credit Suisse Asset Management where he managed gold and resource equity funds. Neil began his career holding various positions at mining and resource companies, including a role as a mining investment analyst at South African company Gold Fields. He is a qualified mining engineer and holds a BSc in Mining Engineering from Nottingham University.

Fund Overview

Mid (01/05/2024) 1105.00p
Historic yield 2.88%
Fund size (31/12/2023) £932.94m
Number of holdings 187
Entry Charge 0.00%
Ongoing Charges 0.83%
Launch date 08/10/2012

Asset Allocation

pie chart
  International Equities 80.40%
  UK Equities 18.30%
  Cash and Equivalents 0.66%
  Alternative Trading Strategies 0.35%
  Money Market 0.29%
Portfolio data accurate as at: 31/12/23

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 80.40%
  UK Equities 18.30%
  Cash and Equivalents 0.66%
  Alternative Trading Strategies 0.35%
  Money Market 0.29%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Basic Materials 51.03% - - -
 
Basic Resources - 51.03% - -
 
Industrial Metals & Mining - - 38.20% -
 
General Mining - - - 19.77%
 
Iron & Steel - - - 8.57%
 
Copper - - - 5.00%
 
Aluminum - - - 2.48%
 
Nonferrous Metals - - - 2.38%
 
Precious Metals & Mining - - 12.84% -
 
Gold Mining - - - 12.28%
 
Platinum & Precious Metals - - - 0.56%
 
Energy 47.67% - - -
 
Energy - 47.67% - -
 
Non-Renewable Energy - - 47.67% -
 
Integrated Oil & Gas - - - 26.17%
 
Oil: Crude Producers - - - 11.00%
 
Oil Refining and Marketing - - - 4.59%
 
Pipelines - - - 4.01%
 
Offshore Drilling & Other Services - - - 1.32%
 
Coal - - - 0.60%
 
Cash and Equivalents 0.95% - - -
 
Alternative Trading Strategies 0.35% - - -
 
Alternative Trading Strategies - 0.35% - -
 
Alternative Trading Strategies - - 0.35% -
 
Alternative Trading Strategies - - - 0.35%
 
Non-Classified 0.00% - - -

Regional Allocation

pie chart
  North America 46.06%
  UK 18.30%
  Australia & New Zealand 13.32%
  Developed Europe - Excl UK 10.17%
  South & Central America 8.30%
  Middle East & Africa 2.55%
  Cash and Equivalents 0.95%
  Non-Classified 0.35%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.58%
  Cash 0.27%
  Pound Sterling 0.15%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 46.06% -
 
United States - 31.73%
 
Canada - 14.33%
 
UK 18.30% -
 
United Kingdom - 18.30%
 
Australia & New Zealand 13.32% -
 
Australia - 13.32%
 
Developed Europe - Excl UK 10.17% -
 
Norway - 4.32%
 
France - 4.27%
 
Sweden - 0.98%
 
Finland - 0.59%
 
South & Central America 8.30% -
 
Brazil - 6.67%
 
Mexico - 1.63%
 
Middle East & Africa 2.55% -
 
South Africa - 2.55%
 
Cash and Equivalents 0.95% -
 
Non-Classified 0.35% -

Breakdown By Market Cap (%)

Mega
 
 
44.66%
Large
 
 
22.00%
Medium
 
 
8.33%
Non-Classified
 
 
24.07%
Cash
 
 
0.95%

Top 10 Holdings

Stock % Weight Sector Country
1 EXXON MOBIL CORPORATION 8.38% Non-Renewable Energy United States
2 RIO TINTO 8.32% Industrial Metals & Mining United Kingdom
3 SHELL 5.92% Non-Renewable Energy United Kingdom
4 FREEPORT-MCMORAN INC 5.00% Industrial Metals & Mining United States
5 VALE S.A. 4.95% Industrial Metals & Mining Brazil
6 BHP GROUP LIMITED 4.44% Industrial Metals & Mining Australia
7 TOTAL SE 4.27% Non-Renewable Energy France
8 EOG RESOURCES INC 3.02% Non-Renewable Energy United States
9 BHP GROUP 2.97% Industrial Metals & Mining Australia
10 NORTHERN STAR RESOURCES LTD 2.63% Precious Metals & Mining Australia

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Energy 8.24% 39.43% - - - - - - 47.67%
Basic Materials 10.06% 40.97% - - - - - - 51.03%
Cash and Equivalents - - - - - - - 0.66% 0.66%
Non-Classified - - - - - - 0.35% 0.29% 0.63%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B88MP08
Mex Code C5EDNC
Isin Code GB00B88MP089
Citi Code GPUM

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.83%

Aims and Benchmark

Aims The Fund aims to invest primarily in the shares of companies throughout the world engaged in the production and marketing of commodities. The fund aims to provide capital growth over the long term.
Benchmark HSBC Global Mining, Gold and Energy Index (Net)
Benchmark Category -
IA Sector Specialist

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type ICVC
Launch price £0.50
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
31 January 30 April

Ratings

FE Crown Crown Rating of 3

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository The National Westminster Bank plc
Fund Administrator Internal
Fund Registrar Internal
Fund Custodian Internal

Group Details

Group name JPMorgan Asset Management
Group address 60 Victoria Embankment London EC4Y 0JP United Kingdom
Group telephone 0800 727 770
Dealing telephone 0207 742 9909
Email ifaenquiry@jpmorgan.com
Homepage www.jpmorganassetmanagement.com/
Fax number 0207 742 9010

Dealing

Minimum Investment £5000000
Minimum Top Up £100000
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.