Morningstar Fund Report  | 05/04/2025Print

JPMorgan Funds - Korea Equity Fund A (acc) - USD

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
JPMorgan Funds - Korea Equity Fund A (acc) - USD
Fund7.1-20.88.3-16.83.4
+/-Cat10.70.1-5.00.81.1
+/-B’mrk13.5-1.6-8.44.51.6
 
Category: Korea Equity
Category Benchmark: Morningstar Korea TME NR USD
Key Stats
NAV
04/04/2025		 USD 13.64
Day Change 2.74%
Morningstar Category™ Korea Equity
ISIN LU0301634860
Fund Size (Mil)
04/04/2025		 USD 1163.62
Share Class Size (Mil)
04/04/2025		 USD 28.48
Max Initial Charge -
Ongoing Charge
18/07/2024		  1.81%
Morningstar Research
Analyst Report26/08/2024
Harsh Jain, Analyst
Morningstar, Inc

JPMorgan Korea benefits from a capable lead manager, the support of one of the deepest teams in the region, as well as a well-structured approach. The clean C share class retains its Morningstar Analyst Rating of Silver. Other share classes range...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process24
Performance
Price
Investment Objective: JPMorgan Funds - Korea Equity Fund A (acc) - USD
To provide long-term capital growth by investing primarily in a concentrated portfolio of Korean companies.
Returns
Trailing Returns (GBP)04/04/2025
YTD5.03
3 Years Annualised-7.77
5 Years Annualised7.31
10 Years Annualised4.43
12 Month Yield 0.00
Management
Manager Name
Start Date
John Cho
13/06/2011
Julian Wong
01/04/2024
Click here to see others
Inception Date
28/09/2007

Category Benchmark
Fund BenchmarkMorningstar Benchmark
KOSPI TR KRWMorningstar Korea TME NR USD
Portfolio Profile for  JPMorgan Funds - Korea Equity Fund A (acc) - USD28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.660.0099.66
Bond0.000.000.00
Property0.000.000.00
Cash1.861.520.34
Other0.000.000.00
Top 5 Regions%
Asia - Developed99.72
United States0.28
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Technology26.85
Industrials17.89
Financial Services14.17
Healthcare11.03
Communication Services8.26
Top 5 HoldingsSector%
Samsung Electronics Co LtdTechnologyTechnology9.22
SK Hynix IncTechnologyTechnology8.74
Samsung BioLogics Co LtdHealthcareHealthcare5.50
NAVER CorpCommunication ServicesCommunication Services4.21
Shinhan Financial Group Co LtdFinancial ServicesFinancial Services3.31
Increase Decrease New since last portfolio
JPMorgan Funds - Korea Equity Fund A (acc) - USD
Growth Of 1000 (GBP) 31/03/2025
Fund:  JPMorgan Funds - Korea Equity Fund A (acc) - USD
Category:  Korea Equity
Category Index:  Morningstar Korea TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-4.074.3435.307.11-20.768.30-16.813.43
+/- Category11.783.901.1410.680.07-5.040.771.06
+/- Category Index10.67-3.61-5.5513.48-1.61-8.384.531.62
% Rank in Category1246601274893016
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day2.74   5.395.31
1 Week-1.43   4.865.09
1 Month-1.58   4.752.13
3 Months2.08   6.404.83
6 Months-7.72   5.565.63
YTD5.03   5.474.66
1 Year-14.94   2.327.20
3 Years Annualised-7.77   0.32-0.62
5 Years Annualised7.31   2.053.39
10 Years Annualised4.43   1.971.15
 
Category: Korea Equity
Category Index: Morningstar Korea TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20253.43---
20243.14-0.77-7.63-12.01
20232.73-2.13-0.308.04
2022-4.26-15.57-11.9411.33
20216.098.76-7.490.34
2020-22.0119.1817.0224.39
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average3 star
5-YearHighAbove Average5 star
10-YearHighBelow Average5 star
OverallHighAverage5 star
 
Category :  Korea EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev22.04 %
3-Yr Mean Return-6.05 %
 
3-Yr Sharpe Ratio-0.46
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Korea TME NR USD  Morningstar Korea TME NR USD
3-Yr Beta0.950.95
3-Yr Alpha-2.23-2.23
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 9588-
Market Capitalisation% of Equity
Giant34.04
Large32.91
Medium21.41
Small9.78
Micro1.86
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings8.610.99
Price/Book0.850.99
Price/Sales0.620.95
Price/Cash Flow2.661.02
Dividend-Yield Factor2.411.01
 
Long-Term Projected Earnings Growth7.971.05
Historical Earnings Growth1.670.52
Sales Growth0.390.75
Cash-Flow Growth5.870.61
Book-Value Growth7.711.10
 
Category: Korea Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.660.0099.66
Bond0.000.000.00
Property0.000.000.00
Cash1.861.520.34
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States0.281.43
Canada0.00-
Latin America0.00-
United Kingdom0.00-
Eurozone0.00-
Europe - ex Euro0.00-
Europe - Emerging0.00-
Africa0.00-
Middle East0.00-
Japan0.00-
Australasia0.00-
Asia - Developed99.721.00
Asia - Emerging0.00-
 
Category: Korea Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials7.931.32
Consumer CyclicalConsumer Cyclical8.220.98
Financial ServicesFinancial Services14.171.07
Consumer DefensiveConsumer Defensive3.541.19
HealthcareHealthcare11.031.17
Communication ServicesCommunication Services8.261.10
EnergyEnergy2.121.27
IndustrialsIndustrials17.891.04
TechnologyTechnology26.850.80
 
Category: Korea Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings63
Total Number of Bond Holdings0
Assets in Top 10 Holdings44.57
NameSectorCountry% of Assets
Samsung Electronics Co Ltd311Korea, Republic Of9.22
SK Hynix Inc311Korea, Republic Of8.74
Samsung BioLogics Co Ltd206Korea, Republic Of5.50
NAVER Corp308Korea, Republic Of4.21
Shinhan Financial Group Co Ltd103Korea, Republic Of3.31
Hana Financial Group Inc103Korea, Republic Of3.14
Samsung C&T Corp310Korea, Republic Of2.97
LG Chem Ltd101Korea, Republic Of2.64
Kia Corp102Korea, Republic Of2.61
Samsung Electro-Mechanics Co Ltd311Korea, Republic Of2.22
 
Increase Decrease New since last portfolio
Category: Korea Equity
 
Management
Name of CompanyJPMorgan Asset Management (Europe) S.à r.l.
Phone+352 34 101
Websitehttp://www.jpmorganassetmanagement.com
AddressEuropean Bank & Business Centre 6, route de Trèves
 Luxembourg   L-2633
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date28/09/2007
Fund Advisor(s)
JPMorgan Asset Mgt Asia Pacific Limited
Fund ManagerJohn Cho
Manager Start Date13/06/2011
Education
Wilfrid Laurier University, M.A.
University of Reading, M.S.
 
Biography
John Cho, Executive Director, is an investment manager and a Korea specialist within the Emerging Markets and Asia Pacific Equities Team in Hong Kong. He joined the firm in 2007 and transferred to Hong Kong from Seoul to take up his current role in 2011. Prior to that, he worked as a Korea equity sale at Woori Investment & Securities for seven years. John obtained an M.Sc. in International Securities, Investment and Banking from University of Reading in UK and an M.A. in Business Economics from Wilfrid Laurier University in Canada.
Fund ManagerJulian Wong
Manager Start Date01/04/2024
Fund ManagerChun Yu Wong
Manager Start Date01/04/2024
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.81%
Purchase Details
Minimum Investments
Initial28000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes