JPMorgan Fund ICVC Japan Class C Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/09/20 to 30/09/21 |
30/09/21 to 30/09/22 |
30/09/22 to 30/09/23 |
30/09/23 to 30/09/24 |
30/09/24 to 30/09/25 |
|
|---|---|---|---|---|---|
| Fund | 11.4% | -30.4% | 4.0% | 23.4% | 20.7% |
| Sector | 16.6% | -15.4% | 11.3% | 11.0% | 15.9% |
| Rank | 84/93 | 89/95 | 83/98 | 7/99 | 21/102 |
| Quartile | 4 | 4 | 4 | 1 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/09/25 |
5 Years to 30/09/25 |
10 Years to 30/09/25 |
||
| Fund | 15.7% | 3.7% | 11.5% | |
| Sector | 12.7% | 7.2% | 9.6% | |
| Rank | 33/98 | 80/93 | 7/71 | |
| Quartile | 2 | 4 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| SONY CORP | 6.96 |
| NINTENDO CO. | 5.70 |
| MITSUBISHI UFJ FINANCIAL GROUP | 5.40 |
| RAKUTEN BANK | 4.72 |
| IHI CORPORATION | 4.67 |
| ASICS CORPORATION | 4.42 |
| SANRIO COMPANY | 3.95 |
| ADVANTEST CORP | 3.56 |
| TOKIO MARINE HOLDINGS | 3.48 |
| HITACHI | 3.34 |
| Total | 46.20 |
Fund Aims
To provide capital growth over the long term by investing primarily in the shares of Japanese companies.
Fund Manager
Miyako Urabe, vice president, is a country specialist for Japan equities and a member of the Japan team within the Emerging Markets and Asia Pacific (EMAP) Equities team based in Tokyo. Miyako joined the Firm in 2013 from Credit Suisse Securities Equity Sales desk in Tokyo as an Asia ex-Japan specialist. She began her career at Morgan Stanley MUFG Securities covering Japan and Asia ex-Japan. Miyako obtained a Bachelors degree in Economics from Keio University, Japan.
Shoichi Mizusawa, managing director, is a country specialist for Japan equities and head of the Japan team within the Emerging Markets and Asia Pacific (EMAP) Equities team. Based in Japan, he leads the Japan-dedicated equity portfolio management teams in Hong Kong and Tokyo. Shoichi joined the Firm in 1997 as a marketing manager responsible for Japan pension funds. He transferred to the Japan Portfolio Group in 2000 and took up his current role in 2010. Prior to joining the Firm, Shoichi spent four years with Postipankki as the Tokyo representative in capital markets. He began his career with Mitsubishi Motors Corporation in 1989. Shoichi obtained a B.A. in Political Science and Economics from Waseda University and an M.B.A. from Simon Fraser University.
Nicholas Weindling, managing director, is a country specialist for Japan equities and a member of the Japan team within the Emerging Markets and Asia Pacific (EMAP) Equities team based in Tokyo. Nicholas joined the Firm in 2006 from Baillie Gifford in Edinburgh, where he worked initially as a U.K. large cap analyst and latterly as a Japanese equities investment manager. Nicholas obtained a B.A. (Honours) in History from Cambridge University.
Fund Overview
| Mid (07/10/2025) | 443.40p |
| Historic yield | 0.40% |
| Fund size (31/08/2025) | £848.83m |
| Number of holdings | 49 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.81% |
| Launch date | 01/04/1970 |
Asset Allocation
| International Equities | 99.20% | |
| Cash and Equivalents | 0.80% |
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.
Asset Allocation
| International Equities | 99.20% | |
| Cash and Equivalents | 0.80% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Consumer Discretionary | 29.28% | - | - | - | |
| Consumer Products & Services | - | 22.76% | - | - | |
| Leisure Goods | - | - | 17.53% | - | |
| Consumer Electronics | - | - | - | 7.38% | |
| Electronic Entertainment | - | - | - | 6.20% | |
| Toys | - | - | - | 3.95% | |
| Personal Goods | - | - | 5.23% | - | |
| Footwear | - | - | - | 4.42% | |
| Luxury Items | - | - | - | 0.81% | |
| Retail | - | 3.73% | - | - | |
| Retailers | - | - | 3.73% | - | |
| Diversified Retailers | - | - | - | 2.77% | |
| Apparel Retailers | - | - | - | 0.96% | |
| Automobiles & Parts | - | 2.09% | - | - | |
| Automobiles & Parts | - | - | 2.09% | - | |
| Auto Parts | - | - | - | 1.07% | |
| Automobiles | - | - | - | 1.02% | |
| Media | - | 0.70% | - | - | |
| Media | - | - | 0.70% | - | |
| Entertainment | - | - | - | 0.70% | |
| Industrials | 27.38% | - | - | - | |
| Industrial Goods & Services | - | 23.30% | - | - | |
| General Industrials | - | - | 11.16% | - | |
| Diversified Industrials | - | - | - | 11.16% | |
| Industrial Support Services | - | - | 5.66% | - | |
| Security Services | - | - | - | 2.28% | |
| Business Training & Employment Agencies | - | - | - | 2.25% | |
| Industrial Suppliers | - | - | - | 1.13% | |
| Industrial Transportation | - | - | 2.82% | - | |
| Marine Transportation | - | - | - | 2.82% | |
| Electronic & Electrical Equipment | - | - | 2.44% | - | |
| Electronic Equipment: Gauges & Meters | - | - | - | 1.54% | |
| Electrical Components | - | - | - | 0.90% | |
| Industrial Engineering | - | - | 1.22% | - | |
| Machinery: Tools | - | - | - | 1.22% | |
| Construction & Materials | - | 4.08% | - | - | |
| Construction & Materials | - | - | 4.08% | - | |
| Building Materials: Other | - | - | - | 2.38% | |
| Engineering & Contracting Services | - | - | - | 1.51% | |
| Construction | - | - | - | 0.19% | |
| Financials | 17.19% | - | - | - | |
| Banks | - | 10.12% | - | - | |
| Banks | - | - | 10.12% | - | |
| Banks | - | - | - | 10.12% | |
| Financial Services | - | 3.60% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.60% | - | |
| Investment Services | - | - | - | 3.60% | |
| Insurance | - | 3.48% | - | - | |
| Non-life Insurance | - | - | 3.48% | - | |
| Property & Casualty Insurance | - | - | - | 3.48% | |
| Technology | 8.78% | - | - | - | |
| Technology | - | 8.78% | - | - | |
| Technology Hardware & Equipment | - | - | 6.85% | - | |
| Production Technology Equipment | - | - | - | 4.24% | |
| Computer Hardware | - | - | - | 2.60% | |
| Software & Computer Services | - | - | 1.94% | - | |
| Computer Services | - | - | - | 1.94% | |
| Basic Materials | 4.49% | - | - | - | |
| Chemicals | - | 3.27% | - | - | |
| Chemicals | - | - | 3.27% | - | |
| Specialty Chemicals | - | - | - | 2.91% | |
| Chemicals: Diversified | - | - | - | 0.35% | |
| Basic Resources | - | 1.23% | - | - | |
| Industrial Metals & Mining | - | - | 1.23% | - | |
| Iron & Steel | - | - | - | 1.23% | |
| Health Care | 3.99% | - | - | - | |
| Health Care | - | 3.99% | - | - | |
| Medical Equipment & Services | - | - | 3.99% | - | |
| Medical Supplies | - | - | - | 2.96% | |
| Medical Equipment | - | - | - | 1.04% | |
| Consumer Staples | 3.22% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 3.22% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 3.22% | - | |
| Personal Products | - | - | - | 1.48% | |
| Drug Retailers | - | - | - | 0.87% | |
| Food Retailers & Wholesalers | - | - | - | 0.86% | |
| Telecommunications | 2.98% | - | - | - | |
| Telecommunications | - | 2.98% | - | - | |
| Telecommunications Service Providers | - | - | 2.98% | - | |
| Telecommunications Services | - | - | - | 2.98% | |
| Energy | 1.88% | - | - | - | |
| Energy | - | 1.88% | - | - | |
| Non-Renewable Energy | - | - | 1.88% | - | |
| Oil Equipment & Services | - | - | - | 1.88% | |
| Cash and Equivalents | 0.80% | - | - | - | |
Regional Allocation
| Japan | 99.20% | |
| Cash and Equivalents | 0.80% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Japan | 99.20% | - | |
Japan
|
- | 99.20% | |
| Cash and Equivalents | 0.80% | - | |
Breakdown By Market Cap (%)
| Mega |
|
42.40% |
| Large |
|
18.16% |
| Medium |
|
25.66% |
| Small |
|
6.76% |
| Non-Classified |
|
6.21% |
| Cash |
|
0.80% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | SONY CORP | 6.96% | Leisure Goods | Japan |
| 2 | NINTENDO CO. | 5.70% | Leisure Goods | Japan |
| 3 | MITSUBISHI UFJ FINANCIAL GROUP | 5.40% | Banks | Japan |
| 4 | RAKUTEN BANK | 4.72% | Banks | Japan |
| 5 | IHI CORPORATION | 4.67% | General Industrials | Japan |
| 6 | ASICS CORPORATION | 4.42% | Personal Goods | Japan |
| 7 | SANRIO COMPANY | 3.95% | Leisure Goods | Japan |
| 8 | ADVANTEST CORP | 3.56% | Technology Hardware & Equipment | Japan |
| 9 | TOKIO MARINE HOLDINGS | 3.48% | Non-life Insurance | Japan |
| 10 | HITACHI | 3.34% | General Industrials | Japan |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 8.78% | - | - | - | - | - | - | 8.78% |
| Telecommunications | - | 2.98% | - | - | - | - | - | - | 2.98% |
| Financials | - | 17.19% | - | - | - | - | - | - | 17.19% |
| Consumer Discretionary | - | 29.28% | - | - | - | - | - | - | 29.28% |
| Consumer Staples | - | 3.22% | - | - | - | - | - | - | 3.22% |
| Energy | - | 1.88% | - | - | - | - | - | - | 1.88% |
| Health Care | - | 3.99% | - | - | - | - | - | - | 3.99% |
| Industrials | - | 27.38% | - | - | - | - | - | - | 27.38% |
| Basic Materials | - | 4.49% | - | - | - | - | - | - | 4.49% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.80% | 0.80% |
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 | B235RG0 |
| Mex Code | C5JAPC |
| Isin Code | GB00B235RG08 |
| Citi Code | A4F6 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.81% |
Aims and Benchmark
| Aims | To provide capital growth over the long term by investing primarily in the shares of Japanese companies. |
| Benchmark | TOPIX (Net) |
| Benchmark Category | - |
| IA Sector | Japan |
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) |
|---|---|
| 01 February | 30 April |
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 Fund ICVC |
| Group address | JPMorgan Fund ICVC |
| Group telephone | 1234567891 |
| Dealing telephone | - |
| - | |
| Homepage | www.JPMAM.com |
| Fax number | - |
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.