JPMorgan Emerging Markets Income Class C 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 -9.0% 35.0% -1.3% -1.4% 11.1%
Sector -10.3% 37.9% -12.4% -4.8% 10.1%
Rank 46/130 97/137 22/149 30/159 68/165
Quartile 2 3 1 1 2

Annualised performance

Annualised
3 Years to
30/04/24		 5 Years to
30/04/24		 10 Years to
30/04/24
Fund 2.6% 5.8% 7.3%
Sector -2.8% 2.6% 5.6%
Rank 20/149 17/130 17/91
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED 7.39
SAMSUNG ELECTRONICS CO. LTD 5.83
INFOSYS LTD 3.66
BANK RAKYAT INDONESIA (PERSERO) TBK PT 2.96
INNER MONGOLIA YILI INDUS-A (C1) 2.44
NETEASE INC 2.41
GRUPO FINANCIERO BANORTE SAB DE CV 2.28
NATIONAL COMMERCIAL BANK 2.24
REALTEK SEMICONDUCTOR CORP 2.17
ASE TECHNOLOGY HOLDING 2.07
Total 33.46

Fund Aims

To provide a portfolio designed to achieve income by investing primarily in equity and equity-linked securities of emerging markets companies in any economic sector whilst participating in long-term capital growth.

Fund Manager

Amit Mehta manager for 8 years and 8 months

Photo of Amit Mehta Amit Mehta, managing director, is a portfolio manager within the Emerging Markets and Asia Pacific (EMAP) Equities team based in London. An employee since 2011, Amit previously worked at Prusik Investment Management (2009-2011) and Atlantis Investment Management (2007-2009) where he was an Asian equities analyst and portfolio manager. Prior to this, he was a global emerging markets analyst at Aviva Investors (2004-2007) and an investment consultant at Mercer Investment Consulting (2000-2004). Amit obtained a B.Sc (Honours) in Mathematics from Kings College London. He is a CFA Charterholder.

Jeffrey Roskell manager for 7 years and 10 months

Photo of Jeffrey Roskell Jeffrey Roskell, managing director, is a portfolio manager and head of the Income strategy within the Emerging Markets and Asia Pacific (EMAP) Equities team, based in Hong Kong. He joined the Firm in 1997 as an investment manager within the Global Equities team (previously known as the Global Portfolios Group) in Hong Kong and transferred to manage Asia Pacific portfolios in 2000. He joined the industry in 1992 as a graduate trainee with Prudential Portfolio Managers Limited in London, and subsequently specialised in managing portfolios investing in Continental European equities. Jeffrey obtained an M.A. in Economics from Cambridge University and the Investment Management Certificate from London Business School.

Omar Negyal manager for 11 years and 5 months

Photo of Omar Negyal Omar Negyal, executive director, is a portfolio manager for the Emerging Markets and Asia Pacific (EMAP) Income and Total Emerging Markets strategies within the EMAP Equities team, based in London. An employee since 2012, Omar previously worked at HSBC Global Asset Management (2009-2012), Lansdowne Partners (2006-2009) and F&C Asset Management (1998-2005). Omar has an M.A. and an M.Eng. in Chemical Engineering from the University of Cambridge and is a CFA Charterholder.

Fund Overview

Mid (30/04/2024) 108.90p
Historic yield 3.32%
Fund size (31/12/2023) £826.01m
Number of holdings 556
Entry Charge 0.00%
Ongoing Charges 0.90%
Launch date 24/07/2012

Asset Allocation

pie chart
  International Equities 91.26%
  Cash and Equivalents 0.92%
  Money Market 0.47%
  Alternative Trading Strategies 0.13%
  Other Assets 7.23%
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 91.26%
  Cash and Equivalents 0.92%
  Money Market 0.47%
  Alternative Trading Strategies 0.13%
  Other Assets 7.23%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Financials 29.34% - - -
 
 Banks - 23.28% - -
 
 Banks - - 23.28% -
 
 Banks - - - 23.28%
 
 Insurance - 3.60% - -
 
 Life Insurance - - 2.73% -
 
 Life Insurance - - - 2.73%
 
 Non-life Insurance - - 0.87% -
 
 Full Line Insurance - - - 0.87%
 
 Financial Services - 2.46% - -
 
 Investment Banking & Brokerage Services - - 1.89% -
 
 Investment Services - - - 1.89%
 
 Finance & Credit Services - - 0.57% -
 
 Consumer Lending - - - 0.57%
 
 Technology 22.54% - - -
 
 Technology - 22.54% - -
 
 Technology Hardware & Equipment - - 16.41% -
 
 Semiconductors - - - 12.49%
 
 Production Technology Equipment - - - 2.07%
 
 Computer Hardware - - - 1.84%
 
 Software & Computer Services - - 6.14% -
 
 Computer Services - - - 6.14%
 
 Consumer Discretionary 13.10% - - -
 
 Consumer Products & Services - 7.36% - -
 
 Household Goods & Home Construction - - 4.04% -
 
 Household Appliance - - - 4.04%
 
 Leisure Goods - - 2.41% -
 
 Electronic Entertainment - - - 2.41%
 
 Personal Goods - - 0.91% -
 
 Clothing & Accessories - - - 0.91%
 
 Retail - 4.15% - -
 
 Retailers - - 4.15% -
 
 Diversified Retailers - - - 3.55%
 
 Apparel Retailers - - - 0.60%
 
 Automobiles & Parts - 1.59% - -
 
 Automobiles & Parts - - 1.59% -
 
 Automobiles - - - 1.59%
 
 Telecommunications 11.18% - - -
 
 Telecommunications - 11.18% - -
 
 Telecommunications Equipment - - 6.54% -
 
 Telecommunications Equipment - - - 6.54%
 
 Telecommunications Service Providers - - 4.63% -
 
 Telecommunications Services - - - 4.63%
 
 Non-Classified 7.23% - - -
 
 Industrials 5.38% - - -
 
 Industrial Goods & Services - 5.38% - -
 
 General Industrials - - 3.44% -
 
 Glass - - - 2.08%
 
 Diversified Industrials - - - 1.36%
 
 Industrial Transportation - - 1.47% -
 
 Transportation Services - - - 1.47%
 
 Electronic & Electrical Equipment - - 0.47% -
 
 Electrical Components - - - 0.47%
 
 Consumer Staples 4.47% - - -
 
 Personal Care, Drug & Grocery Stores - 3.33% - -
 
 Personal Care, Drug & Grocery Stores - - 3.33% -
 
 Food Retailers & Wholesalers - - - 2.44%
 
 Personal Products - - - 0.89%
 
 Food, Beverage & Tobacco - 1.14% - -
 
 Food Producers - - 1.14% -
 
 Food Products - - - 1.14%
 
 Basic Materials 2.58% - - -
 
 Basic Resources - 2.58% - -
 
 Industrial Metals & Mining - - 1.30% -
 
 Copper - - - 1.30%
 
 Industrial Materials - - 1.28% -
 
 Textile Products - - - 1.28%
 
 Cash and Equivalents 1.39% - - -
 
 Utilities 0.98% - - -
 
 Utilities - 0.98% - -
 
 Gas, Water & Multi-utilities - - 0.98% -
 
 Gas Distribution - - - 0.79%
 
 Water - - - 0.19%
 
 Energy 0.91% - - -
 
 Energy - 0.91% - -
 
 Non-Renewable Energy - - 0.91% -
 
 Oil Refining and Marketing - - - 0.91%
 
 Real Estate 0.80% - - -
 
 Real Estate - 0.80% - -
 
 Real Estate Investment & Services - - 0.80% -
 
 Real Estate Holding and Development - - - 0.80%
 
 Alternative Trading Strategies 0.13% - - -
 
 Alternative Trading Strategies - 0.13% - -
 
 Alternative Trading Strategies - - 0.13% -
 
 Alternative Trading Strategies - - - 0.13%

Regional Allocation

pie chart
  Emerging Asia 59.85%
  South & Central America 13.38%
  Non-Classified 10.10%
  Middle East & Africa 9.01%
  Developed Asia 3.92%
  North America 1.48%
  Cash and Equivalents 1.39%
  Emerging Europe 0.87%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.40%
  Cash 0.57%
  US Dollar 0.03%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Emerging Asia 59.85% -
 
 Taiwan - 19.33%
 
 China - 13.56%
 
 South Korea - 11.93%
 
 India - 8.53%
 
 Indonesia - 4.57%
 
 Thailand - 1.92%
 
 South & Central America 13.38% -
 
 Mexico - 6.76%
 
 Brazil - 5.54%
 
 Chile - 1.07%
 
 Non-Classified 10.10% -
 
 Middle East & Africa 9.01% -
 
 South Africa - 6.77%
 
 Saudi Arabia - 2.24%
 
 Developed Asia 3.92% -
 
 Hong Kong - 3.92%
 
 North America 1.48% -
 
 United States - 1.48%
 
 Cash and Equivalents 1.39% -
 
 Emerging Europe 0.87% -
 
 Poland - 0.87%

Breakdown By Market Cap (%)

Mega
 
 
41.29%
Large
 
 
29.07%
Medium
 
 
5.81%
Small
 
 
0.22%
Non-Classified
 
 
22.21%
Cash
 
 
1.39%

Top 10 Holdings

Stock % Weight Sector Country
1 TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED 7.39% Technology Hardware & Equipment Taiwan
2 SAMSUNG ELECTRONICS CO. LTD 5.83% Telecommunications Equipment South Korea
3 INFOSYS LTD 3.66% Software & Computer Services India
4 BANK RAKYAT INDONESIA (PERSERO) TBK PT 2.96% Banks Indonesia
5 INNER MONGOLIA YILI INDUS-A (C1) 2.44% Non-Classified Non-Classified
6 NETEASE INC 2.41% Leisure Goods China
7 GRUPO FINANCIERO BANORTE SAB DE CV 2.28% Banks Mexico
8 NATIONAL COMMERCIAL BANK 2.24% Banks Saudi Arabia
9 REALTEK SEMICONDUCTOR CORP 2.17% Technology Hardware & Equipment Taiwan
10 ASE TECHNOLOGY HOLDING 2.07% Technology Hardware & Equipment Taiwan

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 22.54% - - - - - - 22.54%
Telecommunications - 11.18% - - - - - - 11.18%
Financials - 29.34% - - - - - - 29.34%
Real Estate - 0.80% - - - - - - 0.80%
Consumer Discretionary - 13.10% - - - - - - 13.10%
Consumer Staples - 4.47% - - - - - - 4.47%
Energy - 0.91% - - - - - - 0.91%
Utilities - 0.98% - - - - - - 0.98%
Industrials - 5.38% - - - - - - 5.38%
Basic Materials - 2.58% - - - - - - 2.58%
Cash and Equivalents - - - - - - - 0.92% 0.92%
Non-Classified - - - - - - 7.35% 0.47% 7.82%

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 B5M5KY1
Mex Code -
Isin Code GB00B5M5KY18
Citi Code M0W9

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.90%

Aims and Benchmark

Aims To provide a portfolio designed to achieve income by investing primarily in equity and equity-linked securities of emerging markets companies in any economic sector whilst participating in long-term capital growth.
Benchmark MSCI Emerging Markets Index (Net)
Benchmark Category -
IA Sector Global Emerging Markets

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 Quarterly
Distribution Type No income
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 November 31 January
01 February 30 April
01 May 31 July
01 August 31 October

Ratings

FE Crown Crown Rating of 5

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.