Jupiter UK Alpha Class I Acc
Report And Accounts
Simplified Prospectus / KIID
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 | -18.0% | 33.0% | 2.6% | 8.3% | 3.5% |
| Sector | -14.6% | 30.3% | -0.1% | 1.8% | 6.9% |
| Rank | 168/213 | 72/218 | 108/222 | 23/228 | 182/230 |
| Quartile | 4 | 2 | 2 | 1 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/04/24 |
5 Years to 30/04/24 |
10 Years to 30/04/24 |
||
| Fund | 4.8% | 4.6% | 5.0% | |
| Sector | 2.8% | 3.9% | 5.0% | |
| Rank | 102/222 | 102/213 | 110/185 | |
| Quartile | 2 | 2 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ASTRAZENECA | 6.04 |
| DRAX GROUP | 5.13 |
| LLOYDS BANKING GROUP | 4.60 |
| GLENCORE | 4.51 |
| WHITBREAD | 4.37 |
| BP | 4.36 |
| BARCLAYS | 4.22 |
| SHELL | 4.19 |
| RIO TINTO | 3.88 |
| EXPERIAN | 3.76 |
| Total | 45.06 |
Fund Aims
To achieve capital growth. In seeking to achieve its investment objective the fund will aim to deliver a return, net of fees, greater than that of the FTSE All-Share Index over rolling 3 year periods. The fund primarily invests (at least 70%) in a portfolio of UK equities.
Fund Manager
TBC
Ed is a Fund Manager for the Merian UK Alpha Fund and the Merian UK Equity Income Fund. He joined MGIS in June 2013 from Schroders Investment Management where he had been an equity analyst and fund manager since January 2006. Prior to joining Schroders, he worked as a fund manager for BAE Systems Pension Fund from 2002. Ed’s investment career commenced in 2000, at Fletcher Advisory, where he was a Technology/Strategic consultant. He is a CFA Charterholder and holds a Degree in Classics from Oxford University (1998).
Fund Overview
| Mid (01/05/2024) | 207.10p |
| Historic yield | 3.25% |
| Fund size (31/01/2024) | £356.79m |
| Number of holdings | 32 |
| Entry Charge | 5.00% |
| Ongoing Charges | 0.85% |
| Launch date | 31/01/2003 |
Asset Allocation
| UK Equities | 97.25% | |
| International Equities | 1.98% | |
| Cash and Equivalents | 0.77% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's 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 report or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 97.25% | |
| International Equities | 1.98% | |
| Cash and Equivalents | 0.77% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Consumer Discretionary | 21.16% | - | - | - | |
| Travel & Leisure | - | 10.99% | - | - | |
| Travel & Leisure | - | - | 10.99% | - | |
| Hotels & Motels | - | - | - | 4.37% | |
| Restaurants & Bars | - | - | - | 3.31% | |
| Casinos & Gambling | - | - | - | 3.31% | |
| Retail | - | 5.15% | - | - | |
| Retailers | - | - | 5.15% | - | |
| Diversified Retailers | - | - | - | 2.71% | |
| Specialty Retailers | - | - | - | 2.44% | |
| Consumer Products & Services | - | 4.19% | - | - | |
| Household Goods & Home Construction | - | - | 2.40% | - | |
| Home Construction | - | - | - | 2.40% | |
| Personal Goods | - | - | 1.79% | - | |
| Clothing & Accessories | - | - | - | 1.79% | |
| Automobiles & Parts | - | 0.82% | - | - | |
| Automobiles & Parts | - | - | 0.82% | - | |
| Auto Parts | - | - | - | 0.82% | |
| Industrials | 16.17% | - | - | - | |
| Industrial Goods & Services | - | 14.19% | - | - | |
| Industrial Support Services | - | - | 3.76% | - | |
| Professional Business Support Services | - | - | - | 3.76% | |
| Aerospace & Defence | - | - | 3.72% | - | |
| Aerospace | - | - | - | 3.72% | |
| Industrial Engineering | - | - | 3.70% | - | |
| Machinery: Construction & Handling | - | - | - | 3.70% | |
| Electronic & Electrical Equipment | - | - | 3.01% | - | |
| Electronic Equipment: Control & Filter | - | - | - | 3.01% | |
| Construction & Materials | - | 1.98% | - | - | |
| Construction & Materials | - | - | 1.98% | - | |
| Cement | - | - | - | 1.98% | |
| Financials | 13.78% | - | - | - | |
| Banks | - | 8.82% | - | - | |
| Banks | - | - | 8.82% | - | |
| Banks | - | - | - | 8.82% | |
| Financial Services | - | 2.52% | - | - | |
| Investment Banking & Brokerage Services | - | - | 2.52% | - | |
| Asset Managers & Custodians | - | - | - | 2.52% | |
| Insurance | - | 2.45% | - | - | |
| Life Insurance | - | - | 2.45% | - | |
| Life Insurance | - | - | - | 2.45% | |
| Health Care | 13.64% | - | - | - | |
| Health Care | - | 13.64% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 11.56% | - | |
| Pharmaceuticals | - | - | - | 11.56% | |
| Medical Equipment & Services | - | - | 2.07% | - | |
| Medical Equipment | - | - | - | 2.07% | |
| Basic Materials | 9.94% | - | - | - | |
| Basic Resources | - | 8.39% | - | - | |
| Industrial Metals & Mining | - | - | 8.39% | - | |
| General Mining | - | - | - | 8.39% | |
| Chemicals | - | 1.55% | - | - | |
| Chemicals | - | - | 1.55% | - | |
| Chemicals: Diversified | - | - | - | 1.55% | |
| Energy | 8.54% | - | - | - | |
| Energy | - | 8.54% | - | - | |
| Non-Renewable Energy | - | - | 8.54% | - | |
| Integrated Oil & Gas | - | - | - | 8.54% | |
| Utilities | 6.92% | - | - | - | |
| Utilities | - | 6.92% | - | - | |
| Electricity | - | - | 6.92% | - | |
| Conventional Electricity | - | - | - | 6.92% | |
| Technology | 5.07% | - | - | - | |
| Technology | - | 5.07% | - | - | |
| Software & Computer Services | - | - | 5.07% | - | |
| Software | - | - | - | 5.07% | |
| Consumer Staples | 4.01% | - | - | - | |
| Food, Beverage & Tobacco | - | 2.07% | - | - | |
| Food Producers | - | - | 2.07% | - | |
| Food Products | - | - | - | 2.07% | |
| Personal Care, Drug & Grocery Stores | - | 1.94% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.94% | - | |
| Food Retailers & Wholesalers | - | - | - | 1.94% | |
| Cash and Equivalents | 0.77% | - | - | - | |
Regional Allocation
| UK | 97.25% | |
| Developed Europe - Excl UK | 1.98% | |
| Cash and Equivalents | 0.77% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 97.25% | - | |
United Kingdom
|
- | 97.25% | |
| Developed Europe - Excl UK | 1.98% | - | |
Ireland
|
- | 1.98% | |
| Cash and Equivalents | 0.77% | - | |
Breakdown By Market Cap (%)
| Mega |
|
43.25% |
| Large |
|
19.31% |
| Medium |
|
28.75% |
| Non-Classified |
|
7.91% |
| Cash |
|
0.77% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ASTRAZENECA | 6.04% | Pharmaceuticals & Biotechnology | United Kingdom |
| 2 | DRAX GROUP | 5.13% | Electricity | United Kingdom |
| 3 | LLOYDS BANKING GROUP | 4.60% | Banks | United Kingdom |
| 4 | GLENCORE | 4.51% | Industrial Metals & Mining | United Kingdom |
| 5 | WHITBREAD | 4.37% | Travel & Leisure | United Kingdom |
| 6 | BP | 4.36% | Non-Renewable Energy | United Kingdom |
| 7 | BARCLAYS | 4.22% | Banks | United Kingdom |
| 8 | SHELL | 4.19% | Non-Renewable Energy | United Kingdom |
| 9 | RIO TINTO | 3.88% | Industrial Metals & Mining | United Kingdom |
| 10 | EXPERIAN | 3.76% | Industrial Support Services | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 5.07% | - | - | - | - | - | - | - | 5.07% |
| Financials | 13.78% | - | - | - | - | - | - | - | 13.78% |
| Consumer Discretionary | 21.16% | - | - | - | - | - | - | - | 21.16% |
| Consumer Staples | 4.01% | - | - | - | - | - | - | - | 4.01% |
| Energy | 8.54% | - | - | - | - | - | - | - | 8.54% |
| Utilities | 6.92% | - | - | - | - | - | - | - | 6.92% |
| Health Care | 13.64% | - | - | - | - | - | - | - | 13.64% |
| Industrials | 14.19% | 1.98% | - | - | - | - | - | - | 16.17% |
| Basic Materials | 9.94% | - | - | - | - | - | - | - | 9.94% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.77% | 0.77% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | BFYN3R7 |
| Mex Code | J0OOE |
| Isin Code | GB00BFYN3R70 |
| Citi Code | S694 |
Fund Charges
| Entry Charge | 5.00% |
| Ongoing Charges | 0.85% |
Aims and Benchmark
| Aims | To achieve capital growth. In seeking to achieve its investment objective the fund will aim to deliver a return, net of fees, greater than that of the FTSE All-Share Index over rolling 3 year periods. The fund primarily invests (at least 70%) in a portfolio of UK equities. |
| Benchmark | FTSE All-Share Index |
| Benchmark Category | - |
| IA Sector | UK All Companies |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Biannually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 February | 31 March |
| 01 August | 30 September |
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 | Northern Trust Global Services Limited |
| Fund Administrator | Northern Trust Global Services Limited |
| Fund Registrar | SS&C TECHNOLOGIES INC |
| Fund Custodian | The Northern Trust Company |
Group Details
| Group name | Jupiter Unit Trust Managers Limited |
| Group address | The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ |
| Group telephone | 020 3817 1063 |
| Dealing telephone | 0800 561 4000 |
| intermediary-sales-support@jupiteram.com | |
| Homepage | www.jupiteram.com |
| Fax number | 0800 561 4001 |
Dealing
| Minimum Investment | £5000000 |
| Minimum Top Up | £150000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 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 investment professionals and is for information purposes only. You should refer to your client's 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 report or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 0.31 |
| Beta | 1.09 |
| Sharpe | 0.09 |
| Standard Deviation | 14.00 |
| Info Ratio | 0.11 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | No |
| Concentrated Portfolio | Yes |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | Yes |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
Concentrated Portfolio
The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
New Fund
The charges and expenses may make up a higher proportion of a newly launched fund than initially estimated.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.