Morningstar Fund Report  | 02/04/2025Print

JPMorgan Funds - Emerging Markets Small Cap Fund A (dist) (perf) GBP

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
JPMorgan Funds - Emerging Markets Small Cap Fund A (dist) (perf) GBP
Fund8.2-10.36.70.9-7.5
+/-Cat-6.70.5-6.0-3.6-2.9
+/-B’mrk-0.6-4.0-2.9-6.1-2.0
 
Category: Global Emerging Markets Small/Mid-Cap Equity
Category Benchmark: Morningstar EM SMID TME NR USD
Key Stats
NAV
01/04/2025		 GBP 11.57
Day Change 0.70%
Morningstar Category™ Global Emerging Markets Small/Mid-Cap Equity
IA (formerly IMA) Sector Global Emerging Markets
ISIN LU0318932836
Fund Size (Mil)
01/04/2025		 USD 531.38
Share Class Size (Mil)
01/04/2025		 GBP 1.44
Max Initial Charge 5.00%
Ongoing Charge
03/12/2024		  1.81%
Investment Objective: JPMorgan Funds - Emerging Markets Small Cap Fund A (dist) (perf) GBP
To provide long-term capital growth by investing primarily in small capitalisation emerging market companies.
Returns
Trailing Returns (GBP)01/04/2025
YTD-6.84
3 Years Annualised-1.52
5 Years Annualised8.42
10 Years Annualised5.43
12 Month Yield 0.87
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
Amit Mehta
02/04/2012
Weiying Dong
03/11/2024
Click here to see others
Inception Date
15/11/2007

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM Small NR USDMorningstar EM SMID TME NR USD
Portfolio Profile for  JPMorgan Funds - Emerging Markets Small Cap Fund A (dist) (perf) GBP28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.540.0095.54
Bond0.000.000.00
Property0.000.000.00
Cash4.602.681.92
Other2.540.002.54
Top 5 Regions%
Asia - Emerging36.97
Asia - Developed31.03
Latin America10.69
Africa6.65
Europe - Emerging4.68
Top 5 Sectors%
Technology24.37
Financial Services24.29
Industrials15.84
Consumer Cyclical11.57
Consumer Defensive10.80
Top 5 HoldingsSector%
Eclat Textile Co LtdConsumer CyclicalConsumer Cyclical2.83
Clicks Group LtdHealthcareHealthcare2.68
Komercni Banka ASFinancial ServicesFinancial Services2.61
Elite Material Co LtdTechnologyTechnology2.38
Realtek Semiconductor CorpTechnologyTechnology2.19
Increase Decrease New since last portfolio
JPMorgan Funds - Emerging Markets Small Cap Fund A (dist) (perf) GBP
Growth Of 1000 (GBP) 31/03/2025
Fund:  JPMorgan Funds - Emerging Markets Small Cap Fund A (dist) (perf) GBP
Category:  Global Emerging Markets Small/Mid-Cap Equity
Category Index:  Morningstar EM SMID TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-8.5512.8214.618.22-10.296.710.92-7.49
+/- Category4.613.071.80-6.740.49-5.95-3.55-2.87
+/- Category Index3.713.750.91-0.57-4.02-2.87-6.13-2.00
% Rank in Category18264186388881-
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.70   2.310.01
1 Week-2.20   0.78-1.06
1 Month-2.53   0.62-0.79
3 Months-6.84   -0.68-1.84
6 Months-7.66   -1.23-1.45
YTD-6.84   -0.68-2.00
1 Year-3.50   1.33-2.13
3 Years Annualised-1.52   -2.51-3.71
5 Years Annualised8.42   -2.91-3.01
10 Years Annualised5.43   -0.440.67
 
Category: Global Emerging Markets Small/Mid-Cap Equity
Category Index: Morningstar EM SMID TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-7.49---
2024-2.582.321.160.08
20231.37-1.01-1.117.54
2022-6.62-5.22-1.853.27
20210.339.75-1.05-0.68
2020-24.1824.976.0414.07
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageBelow Average2 star
5-YearBelow AverageBelow Average2 star
10-YearBelow AverageLow3 star
OverallBelow AverageBelow Average3 star
 
Category :  Global Emerging Markets Small/Mid-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev10.55 %
3-Yr Mean Return-0.92 %
 
3-Yr Sharpe Ratio-0.47
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EM SMID TME NR USD  Morningstar EM SMID TME NR USD
3-Yr Beta0.920.92
3-Yr Alpha-3.93-4.29
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 3371-
Market Capitalisation% of Equity
Giant0.00
Large32.46
Medium57.99
Small9.55
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings7.790.82
Price/Book2.461.76
Price/Sales1.761.56
Price/Cash Flow11.161.59
Dividend-Yield Factor2.970.87
 
Long-Term Projected Earnings Growth10.830.78
Historical Earnings Growth8.390.80
Sales Growth10.511.73
Cash-Flow Growth2.843.53
Book-Value Growth10.173.15
 
Category: Global Emerging Markets Small/Mid-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock95.540.0095.54
Bond0.000.000.00
Property0.000.000.00
Cash4.602.681.92
Other2.540.002.54
World Regions28/02/2025
 % of EquityRelative to Category
United States3.241.71
Canada0.000.00
Latin America10.691.27
United Kingdom2.191.55
Eurozone1.250.57
Europe - ex Euro0.743.92
Europe - Emerging4.680.94
Africa6.651.95
Middle East2.540.41
Japan0.000.00
Australasia0.000.00
Asia - Developed31.031.09
Asia - Emerging36.970.88
 
Category: Global Emerging Markets Small/Mid-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.800.30
Consumer CyclicalConsumer Cyclical11.570.85
Financial ServicesFinancial Services24.291.46
Real EstateReal Estate0.050.01
Consumer DefensiveConsumer Defensive10.801.73
HealthcareHealthcare9.471.08
Communication ServicesCommunication Services1.810.60
IndustrialsIndustrials15.841.05
TechnologyTechnology24.371.06
 
Category: Global Emerging Markets Small/Mid-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings81
Total Number of Bond Holdings0
Assets in Top 10 Holdings22.38
NameSectorCountry% of Assets
Eclat Textile Co Ltd102Taiwan2.83
Clicks Group Ltd206South Africa2.68
Komercni Banka AS103Czech Republic2.61
Elite Material Co Ltd311Taiwan2.38
Realtek Semiconductor Corp311Taiwan2.19
TBC Bank Group PLC103United Kingdom2.09
TISCO Financial Group PCL103Thailand1.95
Bid Corp Ltd205South Africa1.93
Banca Transilvania SA103Romania1.86
Cholamandalam Financial Holdings Ltd103India1.85
 
Increase Decrease New since last portfolio
Category: Global Emerging Markets Small/Mid-Cap 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 Date15/11/2007
Fund Advisor(s)
JP Morgan Asset Management (UK) Ltd
Fund ManagerAmit Mehta
Manager Start Date02/04/2012
Education
Kings College London, B.S.
 
Biography
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.
Fund ManagerWeiying Dong
Manager Start Date03/11/2024
Career Start Year2007
Education
Cambridge University, B.A.
 
Biography
Weiying Dong has five years of investment experience. She joined Highclere in 2009 from Macquarie Capital Advisers where she was a Business Analyst in the Debt Advisory Team. Prior to this she gained financial experience from internships with Citigroup in London and Shenyin & Wanguo Securities in China. Weiying is fluent in Manadarin and graduated from Cambridge University with a BA (Hons) degree in Economics (First Class).
Fund ManagerAustin Forey
Manager Start Date02/04/2012
Career Start Year1988
Education
University of Cambridge, B.A.
University of Cambridge, Ph.D.
 
Biography
Austin Forey, Portfolio Manager and Managing Director, has been at JPMorgan (or one of its predecessors) since 1988 and is responsible for global emerging markets portfolios, a role he has fulfilled since 1994. Prior to this he worked in the U.K. team, where he was deputy head of U.K. research. Before this, Austin worked as a research analyst covering engineering, and subsequently all financial sectors. Austin obtained a B.A. in Modern Languages from Cambridge University, and earned a Ph.D. in Modern Languages from Cambridge University.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*0.50%
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.81%
Purchase Details
Minimum Investments
Initial35000  GBP
Additional5000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes