To provide a portfolio designed to achieve income by investing primarily in US equities in any economic sector whilst participating in long term capital growth.
Fund Manager
Andrew Brandonmanager
for
4 years
and 5 months
Andrew Brandon, managing director,is a portfolio manager in the U.S. Equity Group. An employee since 2000, Andrew joined the investment team in 2012 as an investment analyst on the JPMorgan Equity Income and Growth and Income Funds. Prior to joining the team Andrew was a member of our US equity research team covering the financial industry. Andrew has also worked in the JPMorgan Private Bank supporting portfolio managers of both the U.S. large cap core equity product, and the U.S. large cap value product. Andrew obtained a B.A. in economics from the University of Virginia, and an M.B.A. from the University of Florida. He is a CFA charterholder.
Dave Silbermanmanager
for
4 years
and 5 months
David Silberman, managing director, is an investor on the JPMorgan Equity Income and the JPMorgan Growth & Income Funds within the U.S. Equity Group. An employee since 1989, David assumed his current role in 2019. Prior to his current role, David was the Head of the Equity Investment and Corporate Governance teams globally and the lead U.S. Equity Investment Director since 2008. Previously, he was a portfolio manager in the U.S. Equity Group where he managed equity portfolios for private clients, endowments and foundations. He has also worked in the Emerging Markets Derivatives Group and attended the J.P. Morgan training program. David holds a B.A. in economics and political science from the State University of New York at Binghamton and an M.B.A. from the Stern School of Business at New York University.
Clare Hartmanager
for
15 years
and 4 months
Clare A. Hart, managing director, is a portfolio manager in the U.S. Equity Group. An employee since 1999, Clare is the lead portfolio manager of the JPMorgan Equity Income Fund and the JPMorgan Growth & Income Fund. Prior to joining the team, Clare was with Salomon Smith Barney’s equity research division as a research associate covering Real Estate Investment Trusts. She began her career at Arthur Andersen, working as a public accountant. Clare holds a B.A. in political science from the University of Chicago, an M.S.A. from DePaul University and a C.P.A. granted by the State of Illinois.
Fund Overview
Mid (01/05/2024)
455.30p
Historic yield
2.25%
Fund size (31/12/2023)
£3656.88m
Number of holdings
562
Entry Charge
0.00%
Ongoing Charges
0.77%
Launch date
15/01/2009
Asset Allocation
International Equities
97.88%
Property
1.89%
Money Market
0.23%
Alternative Trading Strategies
0.06%
Cash and Equivalents
-0.06%
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
International Equities
97.88%
Property
1.89%
Money Market
0.23%
Alternative Trading Strategies
0.06%
Cash and Equivalents
-0.06%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Financials
20.98%
-
-
-
Financial Services
-
7.79%
-
-
Investment Banking & Brokerage Services
-
-
7.79%
-
Investment Services
-
-
-
5.55%
Asset Managers & Custodians
-
-
-
2.24%
Banks
-
7.71%
-
-
Banks
-
-
7.71%
-
Banks
-
-
-
7.71%
Insurance
-
5.48%
-
-
Non-life Insurance
-
-
4.40%
-
Property & Casualty Insurance
-
-
-
2.43%
Insurance Brokers
-
-
-
1.27%
Full Line Insurance
-
-
-
0.70%
Life Insurance
-
-
1.08%
-
Life Insurance
-
-
-
1.08%
Industrials
15.71%
-
-
-
Industrial Goods & Services
-
15.71%
-
-
General Industrials
-
-
6.09%
-
Diversified Industrials
-
-
-
4.27%
Paints & Coatings
-
-
-
1.82%
Industrial Transportation
-
-
4.43%
-
Railroads
-
-
-
2.53%
Delivery Services
-
-
-
1.90%
Industrial Support Services
-
-
2.45%
-
Transaction Processing Services
-
-
-
1.87%
Professional Business Support Services
-
-
-
0.59%
Aerospace & Defence
-
-
1.64%
-
Aerospace
-
-
-
1.64%
Industrial Engineering
-
-
1.09%
-
Machinery: Agricultural
-
-
-
1.09%
Health Care
14.74%
-
-
-
Health Care
-
14.74%
-
-
Pharmaceuticals & Biotechnology
-
-
7.89%
-
Pharmaceuticals
-
-
-
7.89%
Medical Equipment & Services
-
-
3.45%
-
Medical Equipment
-
-
-
2.58%
Medical Supplies
-
-
-
0.88%
Health Care Providers
-
-
3.39%
-
Health Care Management Services
-
-
-
3.39%
Consumer Staples
10.06%
-
-
-
Food, Beverage & Tobacco
-
5.45%
-
-
Tobacco
-
-
1.94%
-
Tobacco
-
-
-
1.94%
Beverages
-
-
1.90%
-
Soft Drinks
-
-
-
1.90%
Food Producers
-
-
1.61%
-
Food Products
-
-
-
1.61%
Personal Care, Drug & Grocery Stores
-
4.62%
-
-
Personal Care, Drug & Grocery Stores
-
-
4.62%
-
Personal Products
-
-
-
2.03%
Drug Retailers
-
-
-
1.61%
Food Retailers & Wholesalers
-
-
-
0.97%
Technology
9.29%
-
-
-
Technology
-
9.29%
-
-
Technology Hardware & Equipment
-
-
6.79%
-
Semiconductors
-
-
-
4.97%
Computer Hardware
-
-
-
0.87%
Electronic Components
-
-
-
0.67%
Production Technology Equipment
-
-
-
0.28%
Software & Computer Services
-
-
2.50%
-
Software
-
-
-
1.61%
Computer Services
-
-
-
0.89%
Energy
8.44%
-
-
-
Energy
-
8.44%
-
-
Non-Renewable Energy
-
-
8.44%
-
Oil: Crude Producers
-
-
-
4.52%
Integrated Oil & Gas
-
-
-
3.92%
Consumer Discretionary
7.60%
-
-
-
Retail
-
5.54%
-
-
Retailers
-
-
5.54%
-
Home Improvement Retailers
-
-
-
2.14%
Apparel Retailers
-
-
-
1.38%
Diversified Retailers
-
-
-
1.35%
Specialty Retailers
-
-
-
0.66%
Travel & Leisure
-
2.06%
-
-
Travel & Leisure
-
-
2.06%
-
Restaurants & Bars
-
-
-
2.06%
Utilities
5.61%
-
-
-
Utilities
-
5.61%
-
-
Electricity
-
-
4.75%
-
Conventional Electricity
-
-
-
4.75%
Waste & Disposal Services
-
-
0.86%
-
Waste & Disposal Services
-
-
-
0.86%
Telecommunications
2.87%
-
-
-
Telecommunications
-
2.87%
-
-
Telecommunications Service Providers
-
-
2.87%
-
Cable Television Services
-
-
-
2.20%
Telecommunications Services
-
-
-
0.67%
Basic Materials
2.25%
-
-
-
Chemicals
-
2.25%
-
-
Chemicals
-
-
2.25%
-
Specialty Chemicals
-
-
-
2.25%
Real Estate
2.21%
-
-
-
Real Estate
-
2.21%
-
-
Real Estate Investment Trusts
-
-
2.21%
-
Industrial REITs
-
-
-
0.93%
Residential REITs
-
-
-
0.51%
Health Care REITs
-
-
-
0.45%
Office REITs
-
-
-
0.32%
Cash and Equivalents
0.17%
-
-
-
Alternative Trading Strategies
0.06%
-
-
-
Alternative Trading Strategies
-
0.06%
-
-
Alternative Trading Strategies
-
-
0.06%
-
Alternative Trading Strategies
-
-
-
0.06%
Regional Allocation
North America
91.11%
Developed Europe - Excl UK
6.77%
Property
1.89%
Cash and Equivalents
0.17%
Non-Classified
0.06%
Fixed Interest Currencies
Non-Fixed Interest Assets
100.71%
US Dollar
0.03%
Cash
-0.73%
Regional Breakdown
Expand allCollapse all
Region
Country
North America
91.11%
-
United States
-
91.11%
Developed Europe - Excl UK
6.77%
-
Ireland
-
3.89%
Netherlands
-
1.65%
Switzerland
-
1.23%
Property
1.89%
-
Cash and Equivalents
0.17%
-
Non-Classified
0.06%
-
Breakdown By Market Cap (%)
Mega
84.00%
Large
14.55%
Non-Classified
1.28%
Cash
0.17%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
CONOCOPHILLIPS
2.96%
Non-Renewable Energy
United States
2
WELLS FARGO & COMPANY
2.47%
Banks
United States
3
MORGAN STANLEY
2.34%
Investment Banking & Brokerage Services
United States
4
AIR PRODUCTS AND CHEMICALS
2.25%
Chemicals
United States
5
BLACKROCK
2.24%
Investment Banking & Brokerage Services
United States
6
UNITEDHEALTH GROUP INCORPORATED
2.22%
Health Care Providers
United States
7
COMCAST CORP(NEW)
2.20%
Telecommunications Service Providers
United States
8
NORFOLK SOUTHERN CORPORATION
2.12%
Industrial Transportation
United States
9
BANK OF AMERICA CORP
2.09%
Banks
United States
10
JOHNSON & JOHNSON
2.00%
Pharmaceuticals & Biotechnology
United States
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Technology
-
9.29%
-
-
-
-
-
-
9.29%
Telecommunications
-
2.87%
-
-
-
-
-
-
2.87%
Financials
-
20.98%
-
-
-
-
-
-
20.98%
Real Estate
-
0.32%
-
-
-
1.89%
-
-
2.21%
Consumer Discretionary
-
7.60%
-
-
-
-
-
-
7.60%
Consumer Staples
-
10.06%
-
-
-
-
-
-
10.06%
Energy
-
8.44%
-
-
-
-
-
-
8.44%
Utilities
-
5.61%
-
-
-
-
-
-
5.61%
Health Care
-
14.74%
-
-
-
-
-
-
14.74%
Industrials
-
15.71%
-
-
-
-
-
-
15.71%
Basic Materials
-
2.25%
-
-
-
-
-
-
2.25%
Cash and Equivalents
-
-
-
-
-
-
-
-0.06%
-0.06%
Non-Classified
-
-
-
-
-
-
0.06%
0.23%
0.30%
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
B3FJQ59
Mex Code
C5UEIT
Isin Code
GB00B3FJQ599
Citi Code
EBQ7
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.77%
Aims and Benchmark
Aims
To provide a portfolio designed to achieve income by investing primarily in US equities in any economic sector whilst participating in long term capital growth.
Benchmark
S&P 500 Total Return Net
Benchmark Category
-
IA Sector
North America
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
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
01 November
30 January
01 February
30 April
01 May
31 July
01 August
31 October
Ratings
FE Crown
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.